Common use of The Service Providers Clause in Contracts

The Service Providers. SECTION 11.1 CRR. AerCap Ireland, as originator, covenants that on any date that the Outstanding Principal Amount of the Advances is greater than zero (1) it shall own an aggregate principal amount of the AerCap Sub Notes equal to or greater than the Required Holding, (2) it shall not enter into any credit risk mitigation or any short positions or any other ▇▇▇▇▇▇ (except as permitted by the CRR) with respect to its ownership of the Required Holding and (3) it shall provide all data and information to a Lender or Conduit Lender which such Lender or Conduit Lender may reasonably request to the extent required in order for such Lender or Conduit Lender to comply with its obligations under Article 406 of the CRR. By delivery of each Monthly Report, AerCap Ireland represents to each Lender or Conduit Lender that, as of the date of such Monthly Report, AerCap Ireland (a) owns an aggregate principal amount of the AerCap Sub Notes equal to or greater than the Required Holding and (b) is not a party to any credit risk mitigation or any short positions or any other ▇▇▇▇▇▇ (except as permitted by the CRR) with respect to its ownership of the Required Holding.

Appears in 1 contract

Sources: Credit Agreement (AerCap Holdings N.V.)

The Service Providers. SECTION 11.1 1.1 CRR. AerCap Ireland, as originator, covenants that on any date that the Outstanding Principal Amount of the Advances is greater than zero (1) it shall own an aggregate principal amount of the AerCap Sub Notes equal to or greater than the Required Holding, (2) it shall not enter into any credit risk mitigation or any short positions or any other ▇▇▇▇▇▇ (except as permitted by the CRR) with respect to its ownership of the Required Holding and (3) it shall provide all data and information to a Lender or Conduit Lender which such Lender or Conduit Lender may reasonably request to the extent required in order for such Lender or Conduit Lender to comply with its obligations under Article 406 of the CRR. By delivery of each Monthly Report, AerCap Ireland represents to each Lender or Conduit Lender that, as of the date of such Monthly Report, AerCap Ireland (a) owns an aggregate principal amount of the AerCap Sub Notes equal to or greater than the Required Holding and (b) is not a party to any credit risk mitigation or any short positions or any other ▇▇▇▇▇▇ (except as permitted by the CRR) with respect to its ownership of the Required Holding.

Appears in 1 contract

Sources: Credit Agreement (AerCap Holdings N.V.)