Common use of Cape Town Convention Clause in Contracts

Cape Town Convention. Each Purchaser agrees that it will not, and it will procure that no financier of any Purchaser will, file an interest at the International Registry in relation to any Aircraft until the actual Delivery Date for such Aircraft; provided that the parties will cooperate in good faith regarding the filing of prospective interest if and to the extent that same are required by any Purchaser’s potential financiers.

Appears in 3 contracts

Samples: Agreement, Aircraft Sale and Purchase Agreement (Air Lease Corp), Aircraft Sale and Purchase Agreement (Air Lease Corp)

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Cape Town Convention. Each Purchaser agrees that neither it will not, and it will procure that no nor any Purchaser Nominee or any financier of any Purchaser will, of the foregoing will file an interest at the International Registry in relation to any Aircraft until the actual Delivery Date for such Aircraft; provided that the parties will cooperate in good faith regarding the filing of prospective interest if and to the extent that same are required by any Purchaser’s potential financiers.

Appears in 2 contracts

Samples: Aircraft Purchase Option Agreement (Fly Leasing LTD), Aircraft Sale and Purchase Agreement (Fly Leasing LTD)

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