Common use of CONDITIONS, LESSOR'S OBLIGATIONS Clause in Contracts

CONDITIONS, LESSOR'S OBLIGATIONS. Lessor's obligation to replace contemplated by Section 8(b)(3) shall be subject to the fulfillment of the conditions precedent that Lessee and Lessor will promptly: (i) cause a Lease Supplement, subjecting such Replacement Engine to this Lease, duly executed by Lessee and Lessor, to be delivered to Lessor for execution and, upon such execution, to be duly filed for recordation with the FAA; and (ii) take such other actions and furnish such other certificates and documents as Lessor may reasonably request in order that such Replacement Engine be duly and properly titled in Lessor and leased hereunder to the same extent as the Engine replaced thereby; PROVIDED that Lessor shall have no obligation to deliver possession of a Replacement Engine to Lessee so long as a Default or Lessee Event of Default has occurred and is continuing hereunder.

CONDITIONS, LESSOR'S OBLIGATIONS. Lessor's obligation to replace contemplated by Section 8(b)(3) shall be subject to the fulfillment of the conditions precedent that Lessee and Lessor will promptly: (i) cause a Lease Supplement, subjecting such Replacement Engine to this Lease, duly executed by Lessee and Lessor, to be delivered to Lessor for execution and, upon such execution, to be duly filed for recordation with the FAA; and (ii) take such other actions and furnish such other certificates and documents as Lessor may reasonably request in order that such Replacement Engine be duly and properly titled in Lessor and leased hereunder to the same extent as the Engine replaced thereby; PROVIDED provided that Lessor shall have no obligation to deliver possession of a Replacement Engine to Lessee so long as a Default or Lessee Event of Default has occurred and is continuing hereunder.