[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-166604-en":3,"doc-seo-166604-105":30,"detail-sidebar-cat-1-en-105":91},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":11,"category_id":12,"category_name":13,"doc_title":14,"doc_description":15,"doc_content":16,"file_id":17,"file_url":18,"file_type":19,"file_size":20,"view_count":4,"is_deleted":4,"is_public":11,"is_downloadable":11,"audit_status":11,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":27,"seo_description":15,"update_tm":28,"read_time":29},166604,3985741905716,"Kyle","https://ap-avatar.wpscdn.com/davatar_994ba38a5ba835b3df7d355c54d3ed8d",1,18,"Letters","Aircraft Lease Assignment, Assumption and Amendment Agreement - Definitions and Interpretation","Aircraft lease assignment, assumption and amendment agreement covering how an existing lessor, an airline operator (lessee), and a new lessor restructure contractual rights and obligations. Establishes background under the lease and a related sale agreement, defining the effective time and release of the existing lessor. Section 1 sets out defined terms and interpretation rules, clarifying key concepts such as the aircraft, the assigned lease, acceptance certificates, and transaction document terminology.","[INSERT NAME OF EXISTING LESSOR]\nAS EXISTING LESSOR\n[INSERT NAME OF AIRLINE OPERATOR OF THE AIRCRAFT]\nAS LESSEE\n[INSERT NAME OF NEW LESSOR]\nAS NEW LESSOR\n_________________________________________________\nAIRCRAFT LEASE ASSIGNMENT, ASSUMPTION\u000bAND AMENDMENT AGREEMENT IN RESPECT OF\u000bONE (1) [INSERT NAME OF AIRCRAFT\u000bMANUFACTURER AND AIRCRAFT MODEL]\u000bAIRCRAFT BEARING MANUFACTURER'S SERIAL\u000bNUMBER [•] AND [TWO (2)/FOUR (4)] [INSERT\u000bENGINE MODELS] ENGINES BEARING\u000bMANUFACTURER'S SERIAL NUMBERS [•]/[•]/[•]\u000bAND [•]\n_________________________________________________\n\u000f\nCONTENTS\nSection\tPage\n\u0013 TOC \\h \\z \\t \" Level 1 Heading,1,Schedule,1\"\u0014\u0013 HYPERLINK \\l \"_Toc172659896\" \u00141.\tDefinitions and Interpretation\t\u0013 PAGEREF _Toc172659896 \\h \u00141\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc172659897\" \u00142.\tAssignment and Assumption\t\u0013 PAGEREF _Toc172659897 \\h \u00143\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc172659898\" \u00143.\tUndertakings and Factual Confirmations\t\u0013 PAGEREF _Toc172659898 \\h \u00144\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc172659899\" \u00144.\tRepresentations and Warranties\t\u0013 PAGEREF _Toc172659899 \\h \u00146\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc172659900\" \u00145.\tPayments\t\u0013 PAGEREF _Toc172659900 \\h \u00146\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc172659901\" \u00146.\tMiscellaneous\t\u0013 PAGEREF _Toc172659901 \\h \u00147\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc172659902\" \u00141. The Lease\t\u0013 PAGEREF _Toc172659902 \\h \u001410\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc172659903\" \u00142. Conditions Precedent\t\u0013 PAGEREF _Toc172659903 \\h \u001411\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc172659904\" \u00143. Amendments to the Lease\t\u0013 PAGEREF _Toc172659904 \\h \u001415\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc172659905\" \u00144. Form of Effective Time Notice\t\u0013 PAGEREF _Toc172659905 \\h \u001418\u0015\u0015\n\u0015\nTHIS AIRCRAFT LEASE ASSIGNMENT, ASSUMPTION AND AMENDMENT AGREEMENT (this \"Agreement\") is made as of [Insert date]\nAMONG:\n[INSERT NAME OF EXISTING LESSOR], a company [incorporated][organized] under the laws of [•] with its address at [•] (\"Existing Lessor\");\n[INSERT NAME OF AIRLINE/OPERATOR OF THE AIRCRAFT], a company [incorporated][organized][ under the laws of [•] with its address at [•] (\"Lessee\"); and\n[INSERT NAME OF NEW LESSOR], a company [incorporated] [organized] under the laws of [•] with its address at [•] (\"New Lessor\").\nBACKGROUND\nPursuant to the Lease, the Existing Lessor [has agreed to lease] [leases] to the Lessee the Aircraft on the terms and subject to the conditions contained in the Lease.\nBy a sale and purchase agreement dated [•] (the \"Sale Agreement\") between[, amongst others,] the Existing Lessor and [insert name of counterparty if different from new lessor], the Existing Lessor has agreed to sell the Aircraft to the New Owner on the terms and conditions set out in the Sale Agreement.\nFor good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged:\nthe parties have agreed that with effect from the Effective Time the Existing Lessor shall assign to the New Lessor, and the New Lessor shall assume, the rights, liabilities and obligations of \"Lessor\" under the Lease, and that the Existing Lessor shall be released from its liabilities and obligations under the Lease, in each case, on the terms and conditions set out below; and\nthe Existing Lessor, the New Lessor and the Lessee have agreed to enter into this Agreement for the purposes of giving effect to the assignment and assumption of the Lease and to amend and modify the Lease to reflect the foregoing.\nNOW IT IS HEREBY AGREED as follows:\nDefinitions and Interpretation\nWords and expressions defined in the [Lease Agreement]/[Common Terms Agreement] shall bear the same respective meanings in this Agreement (including the Recitals hereto) unless otherwise defined herein or the context otherwise indicates or requires.\nIn addition, in this Agreement the following expressions shall have the following meanings:\n\"Aircraft\" means one (1) [insert aircraft model] aircraft with manufacturer's serial number [•] and [two (2)/four (4)] [insert engine model] engines with manufacturer's serial numbers [•]/[•]/[•] and [•], as such aircraft is more particularly described in the Lease.\n\"Assigned Lease\" means the Lease as assigned, assumed","cbCaihfXO8r30QYT","https://ap.wps.com/l/cbCaihfXO8r30QYT","docx",235987,23,"English","en",105,"# 1. Definitions and Interpretation\n# 2. Assignment and Assumption\n# 3. Undertakings and Factual Confirmations\n# 4. Representations and Warranties\n# 5. Payments\n# 6. Miscellaneous\n# The Lease\n# Conditions Precedent\n# Amendments to the Lease\n# Form of Effective Time Notice","[{\"question\":\"What is the purpose of the Aircraft Lease Assignment, Assumption and Amendment Agreement?\",\"answer\":\"It documents the assignment of lease rights and the assumption of corresponding liabilities by a new lessor, effective at the agreed effective time, and amends the lease accordingly.\"},{\"question\":\"How does the agreement define “Aircraft” and related terms?\",\"answer\":\"“Aircraft” is defined as a specific aircraft by manufacturer model and serial number, together with the specified engines and their manufacturer serial numbers, as described in the lease.\"},{\"question\":\"What does “Effective Time” and “Effective Time Notice” mean under the agreement?\",\"answer\":\"“Effective Time” is the time stated in the Effective Time Notice. The notice is substantially in the form of the scheduled notice, signed by the lessee, existing lessor, and new lessor.\"}]","Aircraft Lease Assignment, Assumption and Amendment Agreement - Definitions and Interpretation | DOCX",1788196337,8,{"code":4,"msg":31,"data":32},"ok",{"site_id":24,"language":23,"slug":33,"title":14,"keywords":34,"description":15,"schema_data":35,"social_meta":86,"head_meta":88,"extra_data":90,"updated_unix":28},"aircraft-lease-assignment-assumption-and-amendment-agreement-definitions-and-interpretation","",{"@graph":36,"@context":85},[37,54,68],{"@type":38,"itemListElement":39},"BreadcrumbList",[40,44,48,51],{"item":41,"name":42,"@type":43,"position":11},"https://docshare.wps.com","Home","ListItem",{"item":45,"name":46,"@type":43,"position":47},"https://docshare.wps.com/template/","Template",2,{"item":49,"name":13,"@type":43,"position":50},"https://docshare.wps.com/template/letters/",3,{"item":52,"name":14,"@type":43,"position":53},"https://docshare.wps.com/template/aircraft-lease-assignment-assumption-and-amendment-agreement-definitions-and-interpretation/166604/",4,{"url":52,"name":14,"@type":55,"author":56,"headline":14,"publisher":58,"fileFormat":61,"inLanguage":23,"description":15,"dateModified":62,"datePublished":62,"encodingFormat":61,"isAccessibleForFree":63,"interactionStatistic":64},"DigitalDocument",{"name":9,"@type":57},"Person",{"url":41,"name":59,"@type":60},"DocShare","Organization","application/vnd.openxmlformats-officedocument.wordprocessingml.document","2026-08-31",true,{"@type":65,"interactionType":66,"userInteractionCount":4},"InteractionCounter",{"@type":67},"ViewAction",{"@type":69,"mainEntity":70},"FAQPage",[71,77,81],{"name":72,"@type":73,"acceptedAnswer":74},"What is the purpose of the Aircraft Lease Assignment, Assumption and Amendment Agreement?","Question",{"text":75,"@type":76},"It documents the assignment of lease rights and the assumption of corresponding liabilities by a new lessor, effective at the agreed effective time, and amends the lease accordingly.","Answer",{"name":78,"@type":73,"acceptedAnswer":79},"How does the agreement define “Aircraft” and related terms?",{"text":80,"@type":76},"“Aircraft” is defined as a specific aircraft by manufacturer model and serial number, together with the specified engines and their manufacturer serial numbers, as described in the lease.",{"name":82,"@type":73,"acceptedAnswer":83},"What does “Effective Time” and “Effective Time Notice” mean under the agreement?",{"text":84,"@type":76},"“Effective Time” is the time stated in the Effective Time Notice. The notice is substantially in the form of the scheduled notice, signed by the lessee, existing lessor, and new lessor.","https://schema.org",{"og:url":52,"og:type":87,"og:title":14,"og:site_name":59,"og:description":15},"article",{"robots":89,"canonical":52},"index,follow",{"doc_id":7,"site_id":24},{"code":4,"msg":5,"data":92},[93,98,103,108,113,118,123,126,131],{"id":94,"doc_module":11,"doc_module_name":46,"category_name":95,"show_sort_weight":96,"slug":97},11,"Presentations",90,"presentations",{"id":99,"doc_module":11,"doc_module_name":46,"category_name":100,"show_sort_weight":101,"slug":102},12,"Resumes",80,"resumes",{"id":104,"doc_module":11,"doc_module_name":46,"category_name":105,"show_sort_weight":106,"slug":107},14,"Invoices",70,"invoices",{"id":109,"doc_module":11,"doc_module_name":46,"category_name":110,"show_sort_weight":111,"slug":112},15,"Posters",60,"posters",{"id":114,"doc_module":11,"doc_module_name":46,"category_name":115,"show_sort_weight":116,"slug":117},16,"Social Media",50,"social-media",{"id":119,"doc_module":11,"doc_module_name":46,"category_name":120,"show_sort_weight":121,"slug":122},17,"Forms",40,"forms",{"id":12,"doc_module":11,"doc_module_name":46,"category_name":13,"show_sort_weight":124,"slug":125},30,"letters",{"id":127,"doc_module":11,"doc_module_name":46,"category_name":128,"show_sort_weight":129,"slug":130},21,"Paper Templates",5,"papers-templates",{"id":132,"doc_module":11,"doc_module_name":46,"category_name":133,"show_sort_weight":4,"slug":134},158,"General","general-158"]