Common use of Engine Reports Clause in Contracts

Engine Reports. By the tenth Business Day of January, April, July and October of each year, commencing with such date in July 2006, a report stating, with respect to each Eligible Spare Engine as of the last day of the calendar month immediately preceding the date of such report prior to the date of such report: (i) if such Engine is then installed on an airframe, the applicable Obligor's tail number of such airframe, or, if not so installed, the status and location of such Engine, (ii) the hours and cycles of operation of such Engine since new and since its last major overhaul and (iii) the most limiting life limited part on such engine (the "limiter") and the cycles remaining on such limiter.

Engine Reports. By The Obligor shall, by the tenth Business Day of January, April, July and October of each year, commencing with such date in July 2006October of 2004, furnish to the Security Trustee a report stating, with respect to each Eligible Spare Engine as of the last day of the calendar month immediately preceding the date of such report prior to the date of such report: (i) if such Engine is then installed on an airframe, the applicable Obligor's tail number of such airframe, or, if not so installed, the status and location of such Engine, engine (ii) the hours and cycles of operation of such Engine since new and since its last major overhaul and (iii) the most limiting life limited part on such engine (the "limiter") ), and the cycles remaining on such limiter.

Engine Reports. By The Borrower shall, by the tenth Business Day of January, April, July and October of each year, commencing with such date in July 2006October of 2004, furnish to the Security Trustee a report stating, with respect to each Eligible Spare Engine as of the last day of the calendar month immediately preceding the date of such report prior to the date of such report: (i) if such Engine is then installed on an airframe, the applicable ObligorBorrower's tail number of such airframe, or, if not so installed, the status and location of such Engine, engine (ii) the hours and cycles of operation of such Engine since new and since its last major overhaul and (iii) the most limiting life limited part on such engine engine, (the "limiter") ), and the cycles remaining on such limiter.

Engine Reports. By the tenth Business Day of January, April, July and October of each year, commencing with such date in July 2006July, 2007, a report stating, with respect to each Eligible Spare Engine as of the last day of the calendar month immediately preceding the date of such report prior to the date of such report: (i) if such Engine is then installed on an airframe, the applicable Obligor's ’s tail number of such airframe, or, if not so installed, the status and location of such Engine, (ii) the hours and cycles of operation of such Engine since new and since its last major overhaul and (iii) the most limiting life limited part on such engine (the "“limiter"”) and the cycles remaining on such limiter.

Engine Reports. By the tenth Business Day of January, April, July and October of each year, commencing with such date in July 20062013, a report stating, with respect to each Eligible Spare Engine constituting Collateral as of the last day of the calendar month immediately preceding the date of such report prior to the date of such report: (i) if such Engine is then installed on an airframe, the applicable Obligor's ’s tail number of such airframe, or, if not so installed, the status and location of such Engine, (ii) the hours and cycles of operation of such Engine since new and since its last major overhaul and (iii) the most limiting life limited part on such engine (the "“limiter"”) and the cycles remaining on such limiter.