Material Covenants. Lessee (i) fails to maintain in full force and effect any insurance required to be maintained under Clause 9, or (ii) transfers possession of the Airframe or any Engine to another Person other than as permitted by this Agreement; or
Appears in 3 contracts
Sources: Lease Agreement (Vanguard Airlines Inc \De\), Lease Agreement (Vanguard Airlines Inc \De\), Lease Agreement (Vanguard Airlines Inc \De\)