Common use of Effect of Replacement Clause in Contracts

Effect of Replacement. In the event of the substitution of a Replacement Engine pursuant to Section 5.02 of the Mortgage and Section 13(a) hereof, all provisions of this Agreement and the Mortgage relating to an Engine or Engines being replaced shall be applicable to such Replacement Engine or Engines with the same force and effect as if such Replacement Engine or Engines were the same engine or engines as the Engine or Engines being replaced but for the Event of Loss with respect to an Engine or Engines being replaced.

Appears in 6 contracts

Samples: Credit Agreement (Frontier Airlines Inc /Co/), Credit Agreement (Frontier Airlines Inc /Co/), Credit Agreement (Frontier Airlines Inc /Co/)

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Effect of Replacement. In the event of the substitution of a Replacement Engine pursuant to as contemplated by Section 5.02 11 of the Mortgage Lease and Section 13(a) 5.06 hereof, all provisions of this Agreement and the Mortgage Indenture relating to an the Engine or Engines being replaced shall be applicable to such Replacement Engine or Engines with the same force and effect as if such Replacement Engine or Engines were was the same engine or engines as the Engine or Engines being replaced but for the Event of Loss with respect to an Engine or Engines being replaced.

Appears in 4 contracts

Samples: Trust Indenture and Security Agreement (America West Airlines Inc), Trust Indenture and Security Agreement (America West Airlines Inc), Trust Indenture and Security Agreement (America West Airlines Inc)

Effect of Replacement. In the event of the --------------------- substitution of a Replacement Engine pursuant to Section 5.02 10.2 of the Mortgage any Lease and Section 13(a) hereof5.06, all provisions of this Agreement and the Mortgage Indenture relating to an the Engine or Engines being replaced shall be applicable to such Replacement Engine or Engines with the same force and effect as if such Replacement Engine or Engines were the same engine or engines as the Engine or Engines being replaced but for the Event of Loss with respect to an the Engine or Engines being replaced.

Appears in 3 contracts

Samples: Sale and Lease Agreement (American Income Fund I-D), Sale and Lease Agreement (American Income Fund I-D), Sale and Lease Agreement (American Income Fund I-D)

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Effect of Replacement. In the event of the substitution of a Replacement Engine pursuant to Section 5.02 of the Mortgage --------------------- and Section 13(a) hereof, all provisions of this Agreement and the Mortgage relating to an Engine or Engines being replaced shall be applicable to such Replacement Engine or Engines with the same force and effect as if such Replacement Engine or Engines were the same engine or engines as the Engine or Engines being replaced but for the Event of Loss with respect to an Engine or Engines being replaced.

Appears in 1 contract

Samples: Credit Agreement (Frontier Airlines Inc /Co/)

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