Title to the Aircraft. Title to the Aircraft will be and remain vested in LESSOR. LESSOR and LESSEE intend this Lease to be a “true lease”. LESSEE will have no right, title or interest in the Aircraft except as provided in this Lease.
Title to the Aircraft shall remain vested in Lessor subject to the Security Documents and any Permitted Lien. Save as aforesaid, no Lessor Party gives any condition, warranty or representation in respect of title to or its interest in the Aircraft, and all such conditions, warranties or representations, expressed or implied, statutory or otherwise, are hereby expressly excluded.
Title to the Aircraft. The Aircraft is being leased by the Lessor to the Lessee hereunder ON A COMPLETELY "AS-IS" BASIS, AND THE LESSOR DOES NOT MAKE, NOR SHALL IT BE DEEMED TO HAVE MADE, AND IT HEREBY EXPRESSLY DISCLAIMS, ANY REPRESENTATION OR WARRANTY EXPRESS OR IMPLIED, AS TO THE AIRCRAFT OR ANY PART THEREOF, INCLUDING, WITHOUT LIMITATION, TITLE, AIRWORTHINESS, VALUE, CONDITION, DESIGN, PATENT, TRADEMARK OR COPYRIGHT INFRINGEMENT, OPERATION, MERCHANTABILITY, CONSTRUCTION, CONDITION OF THE AIRCRAFT OR FITNESS FOR A PARTICULAR USE OF THE AIRCRAFT OR ANY PART THEREOF OR AS TO THE ABSENCE OF LATENT OR OTHER DEFECTS, WHETHER OR NOT DISCOVERABLE, OR AS TO THE ABSENCE OF OBLIGATIONS BASED ON STRICT LIABILITY IN TORT, OR NEGLIGENCE, OR AS TO THE QUALITY OF THE MATERIAL OR WORKMANSHIP OF THE AIRCRAFT OR ANY PART THEREOF, OR ANY OTHER REPRESENTATION OR WARRANTY WHATSOEVER, EXPRESS OR IMPLIED, WITH RESPECT TO THE AIRCRAFT AND EVERY PART THEREOF, AND THE LESSEE HEREBY WAIVES, RELEASES AND RENOUNCES ANY WARRANTIES, REPRESENTATIONS OR GUARANTEES, LIABILITIES AND OBLIGATIONS OF ANY KIND, EITHER EXPRESS OR IMPLIED, STATUTORY OR OTHERWISE, WITH RESPECT TO THE AIRCRAFT, ANY PART, ANY DATA OR ANY OTHER THING DELIVERED, LEASED, SOLD OR TRANSFERRED HEREUNDER OR UNDER THE PURCHASE AGREEMENT (AND WHETHER OR NOT ARISING OUT OF THE DELIVERY, USE, NON-USE, OPERATION, LEASE, SUBLEASE, TRANSFER, POSSESSION, STORAGE, MANUFACTURE, MODIFICATION, ALTERATION, TESTING, MAINTENANCE, REPAIR, SALE OR OTHER DISPOSITION THEREOF), INCLUDING, WITHOUT LIMITATION, (I) ANY WARRANTIES, REPRESENTATIONS, GUARANTEES, LIABILITIES OR OBLIGATIONS RELATING TO THE AIRWORTHINESS, VALUE, CONDITION, DESIGN, OPERATION OF, OR THE QUALITY OF THE MATERIAL OR WORKMANSHIP IN, OR TITLE TO, OR ANY DEFECT IN, THE AIRCRAFT, ANY PART, ANY DATA OR ANY OTHER THING DELIVERED, LEASED, SOLD OR TRANSFERRED HEREUNDER OR UNDER THE PURCHASE AGREEMENT OR ANY OTHER OPERATIVE DOCUMENT, (II) ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR USE OR FOR A PARTICULAR PURPOSE, AGAINST INFRINGEMENT OR THE LIKE, OR ARISING FROM COURSE OF PERFORMANCE, COURSE OF DEALING OR USAGE OF TRADE, (III) ANY OBLIGATION, LIABILITY, RIGHT, CLAIM OR REMEDY IN TORT WITH RESPECT TO THE AIRCRAFT, ANY PART, ANY DATA OR ANY OTHER THING DELIVERED, LEASED, SOLD OR TRANSFERRED HEREUNDER OR UNDER THE PURCHASE AGREEMENT OR ANY OTHER OPERATIVE DOCUMENT, WHETHER OR NOT IN STRICT OR ABSOLUTE LIABILITY AND WHETHER OR NOT ARISING FROM THE NEGLIGENCE, ACTUAL OR IMPUTED, OF THE LESSOR...
Title to the Aircraft. (i) Lessee acknowledges that title to the Aircraft shall at all times be and remain solely and exclusively vested in Lessor and that this Agreement and the other Operative Documents constitute an agreement to lease the Aircraft from Lessor to Lessee and, accordingly, Lessee shall have no right, title or interest in the Aircraft except the right to use the Aircraft as provided herein.
Title to the Aircraft. Legal title to the Aircraft will remain vested in Owner subject to the Finance Documents and this Lease and any assignments or transfers carried out in accordance with Article 24. LESSEE will have no right, title or interest in the Aircraft except for the right to lease the Aircraft pursuant to this Lease. LESSEE will not hold itself out as owner of the Aircraft and will, on all occasions when the ownership of the Aircraft or any part thereof is relevant, inform all applicable Persons that Owner holds title thereto (subject to the Finance Documents, if applicable).
Title to the Aircraft. Title to the Aircraft shall pass and be conveyed to Buyer upon Closing, free and clear of all mortgages, claims, charges, pledges, liens, encumbrances, transfer restrictions, leases, any other security interests of record, any assessments, notices or demands for taxes and imposts, and any air navigation, overflight and landing charges, including Eurocontrol charges.
Title to the Aircraft. Lessee acknowledges that the Operative Documents constitute for all purposes, including tax purposes, an agreement by the Lessor to lease the Aircraft to Lessee and, accordingly, Lessee shall have no right, title or interest in the Aircraft except the right to possess and use the Aircraft during the Lease Term as provided herein. Lessee will not at any time represent or hold out Lessor, Owner or any Financing Party as carrying goods or passengers on the Aircraft or as being in any way connected or associated with any operation of the Aircraft or pledge the credit of Lessor, Owner or any Financing Party or, except as expressly provided herein, attempt, or hold itself out as having any power, to sell, charge, lease or otherwise dispose of or encumber the Aircraft, the Engines or any Part and shall at all times make clear that title to the Aircraft is held by Owner.
Title to the Aircraft. On the Closing Date, Owner Trustee will have such title to the Aircraft, free and clear of such Security Interests, in each case, as described in a warranty bill of sale dated the Closing Date in the form of Exhibit D herxxx, and Owner Trustee will indemnify and defend TWA in respect of any claims, losses, costs, expenses, charges or liabilities arising out of any defect in Owner Trustee's title to the full extent provided in the said warranty bill of sale.
Title to the Aircraft. Lessee acknowledges that title to the Aircraft will at all times be and remain solely and exclusively vested in Owner and that the Operative Documents constitute for all purposes, including tax purposes, an agreement by the Lessor to lease the Aircraft to Lessee and, accordingly, Lessee will have no right, title or interest in the Aircraft except the right to possess and use the Aircraft during the Lease Term as provided herein. Lessee will not at any time represent or hold out Lessor, Owner or any Financing Party as carrying goods or passengers on the Aircraft or as being in any way connected or associated with any operation of the Aircraft or pledge the credit of Lessor, Owner or any Financing Party or, except as expressly provided herein, attempt, or hold itself out as having any power, to sell, charge, lease or otherwise dispose of or encumber the Aircraft, the Engines or any Part and will at all times make clear that title to the Aircraft is held by Owner.
Title to the Aircraft and Engines shall be conveyed to the Buyer by the execution and delivery of a Bill xx Sale in the form attached as Exhibit E.
