Appropriation. If any sum paid or recovered in respect of the liabilities of Lessee under this Agreement is less than the amount then due, Lessor may apply that sum to amounts due under this Agreement in such proportions and order and generally in such manner as Lessor may determine at its sole discretion.
Appears in 21 contracts
Sources: Aircraft Lease Agreement (Air South Airlines Inc), Aircraft Lease Agreement (Air South Airlines Inc), Aircraft Lease Agreement (Vanguard Airlines Inc \De\)
Appropriation. If any sum paid or recovered by Lessor in respect of the liabilities of Lessee under this Agreement the Lease is less than the amount then due, Lessor may apply that sum to amounts due under this Agreement the Lease in such proportions and order and generally in such manner as Lessor may determine at in its sole discretion.
Appears in 9 contracts
Sources: Engine Lease Common Terms Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.), Aircraft Lease Common Terms Agreement (Lan Airlines SA), Aircraft Lease Agreement (Turn Works Acquisition Iii Sub a Inc)
Appropriation. If any sum paid or recovered in respect of the liabilities of the Lessee under this Agreement is less than the amount then due, the Lessor may apply that sum to amounts due under this Agreement in such proportions and order and generally in such manner as the Lessor may determine at its sole discretiondetermine.
Appears in 8 contracts
Sources: Lease Agreement (Airfund International Limited Partnership), Lease Agreement (Turn Works Acquisition Iii Sub a Inc), Lease Agreement (Vanguard Airlines Inc \De\)
Appropriation. If any sum paid or recovered in respect of the liabilities of Lessee under this Agreement is less than the amount then due, Lessor may apply that sum to amounts due under this Agreement in such proportions and order and generally in such manner as Lessor may determine at its sole discretiondetermine.
Appears in 6 contracts
Sources: Aircraft Lease Agreement (Global Crossing Airlines Group Inc.), Lease Agreement (Global Crossing Airlines Group Inc.), Lease Agreement
Appropriation. If any sum paid or recovered in respect of the liabilities of Lessee under this Agreement is less than the amount then due, Lessor may apply that sum to amounts due under this Agreement in such proportions and order and generally in such manner as Lessor may determine at its sole discretionreasonably determine.
Appears in 2 contracts
Sources: Aircraft Lease Agreement (Copa Holdings, S.A.), Aircraft Lease Agreement (Copa Holdings, S.A.)
Appropriation. If any sum paid or recovered in respect of the liabilities of the Lessee under this Agreement is less than the amount then due, the Lessor may apply that sum to amounts then due under this Agreement in such proportions and order and generally in such manner as the Lessor may determine at its sole discretiondetermine.
Appears in 1 contract
Sources: Lease Agreement (Western Pacific Airlines Inc /De/)
Appropriation. If any sum paid or recovered in respect of the liabilities of Lessee under this Agreement is less than the amount then due, Lessor may apply that sum to amounts due under this Agreement in such proportions and order and generally in 107 such manner as Lessor Lessor, acting reasonably, may determine at its sole discretionand, upon written request, notify Lessee of such application.
Appears in 1 contract