Authorization in Respect of. A REPLACEMENT AIRFRAME OR REPLACEMENT ENGINES. The Owner Trustee agrees for the benefit of the Owner Participant that, upon the receipt by a Responsible Officer of Owner Trustee of an authorization and direction from the Owner Participant, it will, in the event of a Replacement Airframe or Replacement Engines, if any, being substituted pursuant to Section 8(a)(i) of the Lease, or a Replacement Engine being substituted pursuant to Section 7(e) of the Lease, subject to due compliance with the terms of Sections 8(d) and 7(e) of the Lease, as the case may be: (a) to the extent not previously accomplished by a prior authorization, authorize a representative or representatives of the Owner Trustee to accept delivery of the Replacement Airframe or Replacement Engines, if any, or the Replacement Engine; (b) accept from Lessee or other vendor of the Replacement Airframe or Replacement Engines, if any, or the Replacement Engine, a bill of sale or bills of sale (if tendered) and the invoice, if xxx, with respect to the Replacement Airframe and Replacement Engines, if any, or the Replacement Engine being furnished pursuant to Section 8(a)(i) or 7(e) of the Lease; (c) in the case of a Replacement Airframe, make application to the FAA (or the Aeronautical Authority of any jurisdiction other than the United States of America in which the Replacement Airframe is then registered in accordance with the terms of the Lease) for registration in the name of the Owner Trustee of the Aircraft of which such Replacement Airframe is a part; (d) execute and deliver a Lease Supplement covering (i) the Aircraft of which such Replacement Airframe is part of and, (ii) such Replacement Engine, as the case may be; (e) transfer its interest in (without recourse except as to obligations in respect of Lessor's Liens) and to the Airframe and Engines (if any) or the Engine being replaced to or at the direction of Lessee; and (f) take such further action as may be contemplated by Sections 8(d) or 7(e) of the Lease, as the case may be.
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Samples: Trust Agreement (Republic Airways Holdings Inc), Trust Agreement (Republic Airways Holdings Inc)
Authorization in Respect of. A REPLACEMENT AIRFRAME OR REPLACEMENT ENGINESa Replacement Airframe or ----------------------------------------------------- Replacement Engines. The Owner Trustee agrees for the benefit of the Owner ------------------- Participant that, upon the receipt by a Responsible Officer of Owner Trustee of an authorization and direction from the Owner Participant, it will, in the event of a Replacement Airframe or Replacement Engines, if any, being substituted pursuant to Section 8(a)(i) of the Lease, or a Replacement Engine being substituted pursuant to Section 7(e) of the Lease, subject to due compliance with the terms of Sections 8(d) and 7(e) of the Lease, as the case may be:
(a) to the extent not previously accomplished by a prior authorization, authorize a representative or representatives of the Owner Trustee to accept delivery of the Replacement Airframe or Replacement Engines, if any, or the Replacement Engine;
(b) accept from Lessee or other vendor of the Replacement Airframe or Replacement Engines, if any, or the Replacement Engine, a bill xxxx of sale or bills of sale (if tendered) and the invoice, if xxxany, with respect to the Replacement Airframe and Replacement Engines, if any, or the Replacement Engine being furnished pursuant to Section 8(a)(i) or 7(e) of the Lease;
(c) in the case of a Replacement Airframe, make application to the FAA (or the Aeronautical Authority of any jurisdiction other than the United States of America in which the Replacement Airframe is then registered in accordance with the terms of the Lease) for registration in the name of the Owner Trustee of the Aircraft of which such Replacement Airframe is a part;
(d) execute and deliver a Lease Supplement and an Indenture Supplement covering (i) the Aircraft of which such Replacement Airframe is part of and, (ii) such Replacement Engine, as the case may be;
(e) transfer its interest in (without recourse except as to obligations in respect of Lessor's Liens) and to the Airframe and Engines (if any) or the Engine being replaced to or at the direction of Lessee;
(f) request in writing that the Indenture Trustee executes and delivers to Lessee appropriate instruments to release the Airframe or Engines (or engines) being replaced from the Lien created under the Indenture and release the Purchase Agreement Assignment and the Engine Warranty Assignment (solely with respect to such replaced Airframe or Engines, if any) from the assignment and pledge under the Indenture; and
(fg) take such further action as may be contemplated by Sections 8(d) or 7(e) of the Lease, as the case may be.
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Authorization in Respect of. A REPLACEMENT AIRFRAME OR REPLACEMENT ENGINESa Replacement Airframe or ----------------------------------------------------- Replacement Engines. The Owner Trustee agrees for the benefit of the Owner ------------------- Participant that, upon the receipt by a Responsible Officer of Owner Trustee of an authorization and direction from the Owner Participant, it will, in the event of a Replacement Airframe or Replacement Engines, if any, being substituted pursuant to Section 8(a)(i) of the Lease, or a Replacement Engine being substituted pursuant to Section 7(e) of the Lease, subject to due compliance with the terms of Sections 8(d) and 7(e) of the Lease, as the case may be:
(a) to the extent not previously accomplished by a prior authorization, authorize a representative or representatives of the Owner Trustee to accept delivery of the Replacement Airframe or Replacement Engines, if any, or the Replacement Engine;
(b) accept from Lessee or other vendor of the Replacement Airframe or Replacement Engines, if any, or the Replacement Engine, a bill xxxx of sale or bills of sale (if tendered) and the invoice, if xxxany, with respect to the Replacement Airframe and Replacement Engines, if any, or the Replacement Engine being furnished pursuant to Section 8(a)(i) or 7(e) of the Lease;
(c) in the case of a Replacement Airframe, make application to the FAA (or the Aeronautical Authority of any jurisdiction other than the United States of America in which the Replacement Airframe is then registered in accordance with the terms of the Lease) for registration in the name of the Owner Trustee of the Aircraft of which such Replacement Airframe is a part;
(d) execute and deliver a Lease Supplement and an Indenture Supplement covering (i) the Aircraft of which such Replacement Airframe is part of and, (ii) such Replacement Engine, as the case may be;
(e) transfer its interest in (without recourse except as to obligations in respect of Lessor's Liens) and to the Airframe and Engines (if any) or the Engine being replaced to or at the direction of Lessee;
(f) request in writing that the Indenture Trustee execute and deliver to Lessee appropriate instruments to release the Airframe or Engines (or engines) being replaced from the Lien created under the Indenture and release the Assignment of Warranties (solely with respect to such replaced Airframe or Engines, if any) from the assignment and pledge under the Indenture; and
(fg) take such further action as may be contemplated by Sections 8(d) or 7(e) of the Lease, as the case may be.
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Authorization in Respect of. A REPLACEMENT AIRFRAME OR REPLACEMENT ENGINESa Replacement Airframe or ----------------------------------------------------- Replacement Engines. The Owner Trustee agrees for the benefit of the Owner ------------------- Participant that, upon the receipt by a Responsible Officer of Owner Trustee of an authorization and direction from the Owner Participant, it will, in the event of a Replacement Airframe or Replacement Engines, if any, being substituted pursuant to Section 8(a)(i) of the Lease, or a Replacement Engine being substituted pursuant to Section 7(e) of the Lease, subject to due compliance with the terms of Sections 8(d) and 7(e) of the Lease, as the case may be:
(a) to the extent not previously accomplished by a prior authorization, authorize a representative or representatives of the Owner Trustee to accept delivery of the Replacement Airframe or Replacement Engines, if any, or the Replacement Engine;
(b) accept from Lessee or other vendor of the Replacement Airframe or Replacement Engines, if any, or the Replacement Engine, a bill xxxx of sale or bills of sale (if tendered) and the invoice, if xxxany, with respect to the Replacement Airframe and Replacement Engines, if any, or the Replacement Engine being furnished pursuant to Section 8(a)(i) or 7(e) of the Lease;
(c) in the case of a Replacement Airframe, make application to the FAA (or the Aeronautical Authority of any jurisdiction other than the United States of America in which the Replacement Airframe is then registered in accordance with the terms of the Lease) for registration in the name of the Owner Trustee of the Aircraft of which such Replacement Airframe is a part;
(d) execute and deliver a Lease Supplement and an Indenture Supplement covering (i) the Aircraft of which such Replacement Airframe is part of and, (ii) such Replacement Engine, as the case may be;
(e) transfer its interest in (without recourse except as to obligations in respect of Lessor's Liens) and to the Airframe and Engines (if any) or the Engine being replaced to or at the direction of Lessee;
(f) request in writing that the Indenture Trustee executes and delivers to Lessee appropriate instruments to release the Airframe or Engines (or engines) being replaced from the Lien created under the Indenture and release the Assignment of Warranties (solely with respect to such replaced Airframe or Engines, if any) from the assignment and pledge under the Indenture; and
(fg) take such further action as may be contemplated by Sections 8(d) or 7(e) of the Lease, as the case may be.
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