Common use of Reciprocal Recognition of Rights Clause in Contracts

Reciprocal Recognition of Rights. In the event the lessor or secured party of any airframe leased to Lessee (or a Permitted Sublessee) or owned by Lessee (or a Permitted Sublessee) is subject to a conditional sale or other security agreement in accordance with Section 6(a)(i)(6) hereof, and the lease or conditional sale or other security agreement covering such airframe also covers an engine or engines owned by the lessor under such lease or subject to a security interest in favor of the secured party under such conditional sale or other security agreement, Lessor hereby agrees for the benefit of such lessor or secured party that Lessor will not acquire or claim, as