Common use of Valid Business Purpose Clause in Contracts

Valid Business Purpose. The Seller has valid business reasons for selling, transferring and conveying the Contributed Assets and Excess Assets to the Issuer;

Appears in 1 contract

Sources: Contribution and Sale Agreement (Willis Lease Finance Corp)

Valid Business Purpose. The Seller has valid business reasons for selling, transferring and conveying the Contributed Assets and Excess Transferred Assets to the Issuer;

Appears in 1 contract

Sources: Contribution and Sale Agreement (Sea Containers LTD /Ny/)

Valid Business Purpose. The Seller has valid business reasons for selling, transferring and conveying the Contributed Assets and Excess Assets to the Issuer;

Appears in 1 contract

Sources: Contribution and Sale Agreement (Willis Lease Finance Corp)