Common use of Proprietary Interest Clause in Contracts

Proprietary Interest. The Buyer shall not, by virtue of anything contained in this Agreement (including, without limitation, any Predelivery Payments hereunder, or any designation or identification by the Seller of a particular aircraft as an Aircraft to which any of the provisions of this Agreement refers) acquire any proprietary, insurable or other interest whatsoever in any Aircraft before Delivery of and payment for such Aircraft, as provided in this Agreement.

Appears in 11 contracts

Samples: A350 Purchase Agreement (China Southern Airlines Co LTD), Assignment and Assumption Agreement (Frontier Group Holdings, Inc.), A350 XWB Purchase Agreement (Latam Airlines Group S.A.)

AutoNDA by SimpleDocs

Proprietary Interest. The Buyer shall not, by virtue of anything contained in this Agreement (including, without limitation, any Commitment Fee or Predelivery Payments hereunder, or any designation or identification by the Seller of a particular aircraft as an Aircraft to which any of the provisions of this Agreement refers) acquire any proprietary, insurable or other interest whatsoever in any Aircraft before Delivery of and payment for such Aircraft, as provided in this Agreement.

Appears in 7 contracts

Samples: Letter Agreement (Avianca Holdings S.A.), Letter Agreement (Avianca Holdings S.A.), Letter Agreement (Avianca Holdings S.A.)

Proprietary Interest. The Notwithstanding any provision of law to the contrary, the Buyer shall will not, by virtue of anything contained in this Agreement (including, without limitation, any Predelivery Payments hereunder, or any designation or identification by the Seller of a particular aircraft as an Aircraft to which any of the provisions of this Agreement refers) acquire any proprietary, insurable or other interest whatsoever in any Aircraft before Delivery of and payment for such Aircraft, as provided in this Agreement.

Appears in 7 contracts

Samples: Purchase Agreement (Frontier Group Holdings, Inc.), A321 Aircraft Purchase Agreement (Frontier Group Holdings, Inc.), Purchase Agreement (Frontier Group Holdings, Inc.)

Proprietary Interest. The Buyer shall will not, by virtue of anything contained in this Agreement (including, without limitation, any Predelivery Payments hereunder, or any designation or identification by the Seller of a particular aircraft Aircraft as an Aircraft to which any of the provisions of this Agreement refers) ), and notwithstanding any provision of law to the contrary, acquire any proprietary, insurable or other interest whatsoever in any Aircraft before Delivery prior to delivery of and payment for such Aircraft, Aircraft as provided in this Agreement.

Appears in 4 contracts

Samples: Letter Agreement (Us Airways Inc), Letter Agreement (Us Airways Inc), Letter Agreement (Us Airways Inc)

Proprietary Interest. The Notwithstanding any provision of law to the contrary, the Buyer shall will not, by virtue of anything contained in this Agreement (including, without limitation, any Predelivery Payments hereunder, or any designation or identification by the Seller of a particular aircraft Aircraft as an Aircraft to which any of the provisions of this Agreement refers) acquire any proprietary, insurable or other interest whatsoever in any Aircraft before Delivery of and payment of the Balance of the Final Contract Price for such Aircraft, as provided in this Agreement.

Appears in 2 contracts

Samples: Family Purchase Agreement (Spirit Airlines, Inc.), Letter Agreement (Spirit Airlines, Inc.)

Proprietary Interest. The Buyer shall will not, by virtue of anything contained in this Agreement (including, without limitation, any Predelivery Payments hereunder, or any designation or identification by the Seller of a particular aircraft Aircraft as an Aircraft to which any of the provisions of this Agreement refers) ), and notwithstanding any provision of law to the contrary, acquire any proprietary, insurable or other interest whatsoever in any Aircraft before prior to Delivery of and payment for such Aircraft, Aircraft as provided in this Agreement.

Appears in 2 contracts

Samples: Letter Agreement (Cit Group Inc), Letter Agreement (Cit Group Inc)

Proprietary Interest. The Buyer shall not, by virtue of anything contained in this Agreement (including, without limitation, any Predelivery Payments hereunder, or any designation or identification by the Seller of a particular aircraft as an Aircraft to which any of the provisions of this Agreement refersrefer) acquire any proprietary, insurable or other interest whatsoever in any Aircraft before Delivery of and payment for such Aircraft, as provided in this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (AerCap Holdings N.V.), Aircraft Purchase Agreement (AerCap Holdings N.V.)

Proprietary Interest. The Notwithstanding any provision of law to the contrary, the Buyer shall will not, by virtue of anything contained in this Agreement (including, without limitation, any *** or Predelivery Payments hereunder, or any designation or identification by the Seller of a particular aircraft as an Aircraft to which any of the provisions of this Agreement refers) acquire any proprietary, insurable or other interest whatsoever in any Aircraft before Delivery of and payment for such Aircraft, as provided in this Agreement.

Appears in 2 contracts

Samples: Letter Agreement (United Airlines, Inc.), Letter Agreement (United Airlines, Inc.)

Proprietary Interest. The Notwithstanding any provision of law to the contrary, the Buyer shall not, by virtue of anything contained in this Agreement (including, without limitation, any Commitment Fee or Predelivery Payments hereunder, or any designation or identification by the Seller of a particular aircraft as an Aircraft to which any of the provisions of this Agreement refers) acquire any proprietary, insurable or other interest whatsoever in any Aircraft before Delivery of and payment for such Aircraft, as provided in this Agreement.

Appears in 2 contracts

Samples: Letter Agreement (Hawaiian Holdings Inc), Letter Agreement (Hawaiian Holdings Inc)

Proprietary Interest. The Buyer shall not, by virtue of anything contained in this Agreement (including, without limitation, any Predelivery Payments hereunder, or any designation or identification by the Seller of a particular aircraft as an Aircraft to which any of the provisions of this Agreement refers) acquire any proprietary, insurable or other interest whatsoever in any Aircraft before Delivery of and payment for such Aircraft, as provided in this Agreement.. Execution Version Avolon – A330neo Purchase Agreement, ref CLC-CT1404183

Appears in 1 contract

Samples: Purchase Agreement (Avolon Holdings LTD)

Proprietary Interest. The Buyer shall will not, by virtue of anything contained in this Agreement (including, without limitation, any Predelivery Payments hereunder, or any designation or identification by the Seller of a particular aircraft Aircraft as an Aircraft to which any of the provisions of this Agreement refers) ), and notwithstanding any provision of law to the contrary, acquire any proprietary, insurable or other interest whatsoever in any Aircraft before prior to Delivery of and any payment for such Aircraft, Aircraft as provided in this Agreement.

Appears in 1 contract

Samples: Airbus Purchase Agreement (Gatx Capital Corp)

Proprietary Interest. The Notwithstanding any provision of law to the contrary, the Buyer shall not, by virtue of anything contained in this Agreement (including, without limitation, any Commitment Fee or Predelivery Payments hereunder, or any designation or identification by the Seller of a particular aircraft Aircraft as an Aircraft to which any of the provisions of this Agreement refers) acquire any proprietary, insurable or other interest whatsoever in any Aircraft before Delivery of and payment for such Aircraft, as provided in this Agreement.

Appears in 1 contract

Samples: Letter Agreement (Hawaiian Holdings Inc)

Proprietary Interest. The Notwithstanding any provision of law to the contrary, the Buyer shall will not, by virtue of anything contained in this Agreement (including, without limitation, the making of any Commitment Fee or Predelivery Payments hereunder, or any designation or identification by the Seller of a particular aircraft as an Aircraft to which any of the provisions of this Agreement refers) acquire any proprietary, insurable or other interest whatsoever in any Aircraft before Delivery of and payment for such Aircraft, as provided in this Agreement.

Appears in 1 contract

Samples: Letter Agreement (Us Airways Inc)

Proprietary Interest. The Buyer shall not, by virtue of anything contained in any provision of this Agreement or of law or in equity (including, without limitation, including payment of any Predelivery Payments hereunder, or any designation internal or external designation, identification or reference used by the Seller of or the Buyer to identify a particular aircraft as an Aircraft to which any of the provisions of this Agreement refersAircraft) acquire any proprietarytitle, insurable right or other interest whatsoever in any Aircraft before Delivery of and payment for such Aircraft, as provided in Aircraft pursuant to this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (China Southern Airlines Co LTD)

AutoNDA by SimpleDocs

Proprietary Interest. The Notwithstanding any provision of law to the contrary, the Buyer shall will not, by virtue of anything contained in this Agreement (including, without limitation, any Commitment Fee or Predelivery Payments hereunder, or any designation or identification by the Seller of a particular aircraft as an Aircraft to which any of the provisions of this Agreement refers) acquire any proprietary, insurable or other interest whatsoever in any Aircraft before Delivery of and payment for such Aircraft, as provided in this Agreement.

Appears in 1 contract

Samples: Letter Agreement (Virgin America Inc.)

Proprietary Interest. The Buyer shall not, by virtue of anything contained in this Agreement (including, without limitation, any Predelivery Payments hereunder, or any designation or identification by the Seller of a particular aircraft Aircraft as an Aircraft to which any of the provisions of this Agreement refers) ), and notwithstanding any provision of law to the contrary, acquire any proprietary, insurable or other interest whatsoever in any Aircraft before Delivery prior to delivery of and payment for such Aircraft, Aircraft as provided in this Agreement.

Appears in 1 contract

Samples: Letter Agreement (Midway Airlines Corp)

Proprietary Interest. The Notwithstanding any provision of law to the contrary, the Buyer shall will not, by virtue of anything contained in this Agreement (including, without limitation, any Commitment Fee or Predelivery Payments hereunder, or any designation or identification by the Seller of a particular aircraft Aircraft as an Aircraft to which any of the provisions of this Agreement refers) acquire any proprietary, insurable or other interest whatsoever in any Aircraft before Delivery of and payment for such Aircraft, as provided in this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Intrepid Aviation LTD)

Proprietary Interest. The Notwithstanding any provision of law to the contrary, the Buyer shall will not, by virtue of anything contained in this Agreement (including, without limitation, the making of any Predelivery Payments hereunder, or any designation or identification by the Seller of a particular aircraft as an Aircraft to which any of the provisions of this Agreement refers) acquire any proprietary, insurable or other interest whatsoever in any Aircraft before Delivery of and payment for such Aircraft, as provided in this Agreement.

Appears in 1 contract

Samples: Letter Agreement (Us Airways Inc)

Proprietary Interest. The Notwithstanding any provision of law to the contrary, the Buyer shall will not, by virtue of anything contained in this Agreement (including, without limitation, any Predelivery Payments hereunder, or any designation or identification by the Seller of a particular aircraft Aircraft as an Aircraft to which any of the provisions of this Agreement refers) acquire any proprietary, insurable or other interest whatsoever in any Aircraft before Delivery of and payment for such Aircraft, as provided in this Agreement.

Appears in 1 contract

Samples: A319 Purchase Agreement (Frontier Airlines Inc /Co/)

Proprietary Interest. The Buyer shall not, by virtue of anything contained in this Agreement (including, without limitation, any Predelivery Payments hereunder, or any designation or identification by the Seller of a particular aircraft as an Aircraft to which any of the provisions of this Agreement refers) acquire any proprietary, insurable or other interest whatsoever in any Aircraft before Delivery of and payment for such Aircraft, as provided in this Agreement. ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission.

Appears in 1 contract

Samples: Letter Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)

Proprietary Interest. The Buyer shall notNotwithstanding any provision of law to the contrary, none of the Buyers will, by virtue of anything contained in this Agreement (including, without limitation, the making of any Predelivery Payments hereunder, or any designation or identification by the Seller of a particular aircraft Aircraft as an Aircraft to which any of the provisions of this Agreement refersrefer) acquire any proprietary, insurable or other interest whatsoever in any Aircraft before Delivery of and payment for such Aircraft, as provided in this Agreement.

Appears in 1 contract

Samples: Airbus A350 Purchase Agreement (Us Airways Group Inc)

Proprietary Interest. The Notwithstanding any provision of law to the contrary, the Buyer shall will not, by virtue of anything contained in this Agreement (including, without limitation, any Predelivery Payments hereunder, hereunder or any designation or identification by the Seller of a particular aircraft Aircraft as an Aircraft to which any of the provisions of this Agreement refers) acquire any proprietary, insurable or other interest whatsoever in any Aircraft before Delivery of and payment for such Aircraft, as provided in this Agreement.

Appears in 1 contract

Samples: License Agreement (Fedex Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.