Examples of Issuer Subsidiary in a sentence
The Issuer shall not, and shall not permit any Issuer Subsidiary to, sell, transfer or otherwise dispose of any Aircraft or any interest therein other than as provided in Section 4(e) of Schedule 2.02(a) of the Servicing Agreement.
The Issuer shall not permit any Issuer Subsidiary or Leveraged Lease Lessee to lease or re-lease any Aircraft to any Lessee located in, or as a result of which such Aircraft would be or would be permitted to be habitually operated in, a jurisdiction set forth as “Prohibited Countries” in clause (a) of the Repossession Guidelines as set forth on Exhibit E hereto (as may be amended from time to time (the “Repossession Guidelines”) by Controlling Trustees’ Resolution).
WEST hereby undertakes to procure that any Issuer Subsidiary formed or acquired after the date hereof shall execute a Serviced Group Member Supplement.
Such Serviced Group Member Supplement shall specify the notice information for such Issuer Subsidiary and an executed version thereof shall be promptly delivered to each of the parties hereto.