Common use of Notice of Suspension Clause in Contracts

Notice of Suspension. Lessee shall give Lessor immediate written notice of any action being taken by the management of Lessee relating to any general suspension of payment proceeding under any applicable law.

Appears in 3 contracts

Samples: Aircraft Lease Agreement (Virgin America Inc.), Aircraft Lease Agreement (Virgin America Inc.), Aircraft Lease Agreement (Virgin America Inc.)

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Notice of Suspension. The Lessee shall give the Lessor and the Loan Trustee immediate written notice of any action being taken by the management of the Lessee relating to any general suspension of payment proceeding under any applicable lawApplicable Law.

Appears in 1 contract

Samples: Lease Agreement (Latam Airlines Group S.A.)

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Notice of Suspension. The Lessee shall give the Lessor immediate written notice of any action being taken by the management of the Lessee relating to any general suspension of payment proceeding under any applicable lawApplicable Law.

Appears in 1 contract

Samples: Lease Agreement (Latam Airlines Group S.A.)

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