GECAS definition
Examples of GECAS in a sentence
If the Lessee completes an initial public offering ("IPO") of common stock of Lessee, par value $.001 per share (THE "COMMON STOCK"), or a private placement (A "PPO") of Common Stock, then, upon the occurrence of such IPO or PPO, Lessee shall pay GECAS, on behalf of the Lessors, a Restructuring Fee in an amount as set forth in Schedule A attached hereto.
In consideration of the restructuring of the Other Agreements and the lease of the Aircraft pursuant to the Lease Agreements (as such term is defined in Schedule A attached hereto), the Lessee shall pay to GECAS, on behalf of the Lessors, a restructuring fee (THE "RESTRUCTURING FEE") on the terms and conditions as set forth herein.
In the event that GECAS shall elect to be paid the Restructuring Fee in whole or in part by a warrant or warrants for Common Stock (THE "WARRANT"), such Warrant shall be substantially in the form attached hereto as Exhibit I and shall otherwise be reasonably acceptable to GECAS.
Lessee, at Lessee's expense, shall execute and deliver such further agreements, leases, documents, certificates or any supplements or additions hereto as may reasonably be requested by GECAS of the Lessors in furtherance of the agreements herein contained.
The Restructuring Fee shall be paid in cash, warrants or a combination thereof, as GECAS may elect.