Common use of No Action Except under Indenture or Instructions Clause in Contracts

No Action Except under Indenture or Instructions. Loan Trustee will not manage, control, use, sell, lease, operate, store, dispose of or otherwise deal with the Aircraft or any other part of the Collateral except in accordance with the powers granted to, or the authority conferred upon, Loan Trustee pursuant to this Indenture and in accordance with the express terms hereof.

Appears in 29 contracts

Sources: Indenture and Security Agreement (Jetblue Airways Corp), Indenture and Security Agreement (Jetblue Airways Corp), Indenture and Security Agreement (Fedex Corp)

No Action Except under Indenture or Instructions. The Loan Trustee agrees that it will not manage, control, use, sell, lease, operate, store, dispose of or otherwise deal with the Aircraft or any other part of the Collateral except in accordance with the powers granted to, or the authority conferred upon, the Loan Trustee pursuant to this Indenture and in accordance with the express terms hereof.

Appears in 27 contracts

Sources: Note Purchase Agreement (American Airlines, Inc.), Note Purchase Agreement (American Airlines Inc), Note Purchase Agreement (American Airlines Inc)

No Action Except under Indenture or Instructions. The Loan Trustee will not manage, control, use, sell, lease, operate, store, dispose of or otherwise deal with the Aircraft or any other part of the Collateral except in accordance with the powers granted to, or the authority conferred upon, the Loan Trustee pursuant to this Indenture and in accordance with the express terms hereof.

Appears in 5 contracts

Sources: Indenture and Security Agreement (Spirit Airlines, Inc.), Indenture and Security Agreement, Indenture and Security Agreement (Spirit Airlines, Inc.)

No Action Except under Indenture or Instructions. The Loan Trustee agrees that it will not manage, control, use, sell, lease, operate, store, dispose of or otherwise deal with the Aircraft or any other part of the Collateral except in accordance with the powers granted to, or the authority conferred upon, the Loan Trustee pursuant to this Indenture and in accordance with the express terms hereof.. Indenture and Security Agreement

Appears in 1 contract

Sources: Indenture and Security Agreement (Latam Airlines Group S.A.)

No Action Except under Indenture or Instructions. The Loan Trustee will not manage, control, use, sell, lease, operate, store, dispose of or otherwise deal with the Aircraft or any other part of the Collateral except in accordance with the 47 Indenture and Security Agreement (Spirit 2017-1 EETC) [Reg. No.] powers granted to, or the authority conferred upon, the Loan Trustee pursuant to this Indenture and in accordance with the express terms hereof.

Appears in 1 contract

Sources: Indenture and Security Agreement (Spirit Airlines, Inc.)