Common use of SALE OR ASSIGNMENT BY LESSOR Clause in Contracts

SALE OR ASSIGNMENT BY LESSOR. 24.2.1 Subject to LESSEE's rights pursuant to this Lease, LESSOR may at any time and without LESSEE's consent sell, assign or transfer its rights, interest and obligations hereunder or with respect to the Aircraft to a third party ("LESSOR'S ASSIGNEE"). For a period of two (2) years after such sale or assignment and at LESSEE's cost, LESSEE will continue to name LESSOR as an additional insured under the Aviation and Airline General Third Party Liability Insurance specified in Exhibit C.

SALE OR ASSIGNMENT BY LESSOR. 24.2.1 Subject to LESSEE's ’s rights pursuant to this Lease, LESSOR may at any time and without LESSEE's ’s consent sell, assign or transfer its rights, interest and obligations hereunder or with respect to the Aircraft to a third party ("“LESSOR'S ’S ASSIGNEE"”). For a period of two (2) years after such sale or assignment and at LESSEE's ’s cost, LESSEE will continue to name LESSOR as an additional insured under the Aviation and Airline General Third Party Liability Insurance specified in Exhibit C.