Engines and Significant Parts. Other than as a result of any act or omission of the Lessee or any Sub-lessee, title to any Engine or Significant Part ceases to vest in the Lessor (other than in the case of an Engine, as a result of a Total Loss of that Engine) and such Engine or Significant Part has not been replaced by a Replacement Engine or a Replacement Part, as the case may be.
Appears in 2 contracts
Samples: Aircraft Head Lease (Cit Group Inc), Aircraft Head Lease (Cit Group Inc)
Engines and Significant Parts. Other than as As a result of any act or omission of the Lessee or any Sub-lessee, title to any Engine or Significant Part ceases to vest in the Lessor (other than in the case of an Engine, as a result of a Total Loss of that Engine) and such Engine or Significant Part has not been replaced by a Replacement Engine or a Replacement Part, as the case may be.
Appears in 2 contracts
Samples: All Parties Agreement (Cit Group Inc), All Parties Agreement (Cit Group Inc)
