Identification Plates, Etc Clause Samples

Identification Plates, Etc. On the later of (x) the first occasion when the Aircraft is removed from service for performance of maintenance following the Delivery Date or (y) 60 days from the Delivery Date, Lessee will affix, and thereafter will at all times maintain in respect of the Airframe and each Engine a fireproof and legible LATAM MSN [_____] -4- identification plate of a reasonable size, in the location specified below, that contains the following legends or (provided Lessor bears the cost of any replacement) any other legend requested from time to time by Lessor in writing: (1) In the case of the Airframe, in the upper sill of the left-hand forward entry door, adjacent to Airframe Manufacturer’s plate, “THIS AIRCRAFT IS OWNED BY ▇▇▇▇▇ FARGO BANK NORTHWEST, N.A., AS OWNER TRUSTEE, AND IS HELD UNDER LEASE BY LATAM AIRLINES GROUP S.A.” (2) In the case of each Engine, in a clearly visible place in close proximity to the manufacturer’s plate, “THIS ENGINE IS OWNED BY ▇▇▇▇▇ FARGO BANK NORTHWEST, N.A., AS OWNER TRUSTEE, AND IS HELD UNDER LEASE BY LATAM AIRLINES GROUP S.A.” Such name plates will be replaced, if requested by Lessor, on the later of (x) the next occasion when the Aircraft is removed from service for performance of maintenance following such request or (y) 60 days after such request, to reflect the name and role of any successor to or permitted assignee or permitted transferee of the Owner and/or the Security Trustee. Any replacement of nameplates requested by Lessor shall be at Lessor's cost.