Common use of Improvements Owned by Others Clause in Contracts

Improvements Owned by Others. Notwithstanding any other provision of this Mortgage, the Borrower may install or permit to be installed in the Aircraft audio-visual, entertainment, telephonic or other passenger convenience equipment owned by third parties (or owned jointly by the Borrower and others) and leased or otherwise furnished to the Borrower in the ordinary course of business, provided that such equipment meets all requirements for removal of Additional Parts as specified in Section 4.03, and the Lien of this Mortgage shall not attach thereto and the rights of the owners therein shall not constitute a default under the Operative Documents.

Appears in 2 contracts

Samples: Mortgage and Security Agreement (Frontier Airlines Inc /Co/), Mortgage and Security Agreement (Frontier Airlines Inc /Co/)

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Improvements Owned by Others. Notwithstanding any other provision of this Mortgage, the Borrower may install or ---------------------------- permit to be installed in the an Aircraft audio-visual, entertainment, telephonic or other passenger convenience equipment owned by third parties (or owned jointly by the Borrower and others) and leased or otherwise furnished to the Borrower in the ordinary course of business, provided that such equipment meets all requirements for removal of Additional Parts as specified in Section 4.03, and the Lien of this Mortgage shall not attach thereto and the rights of the owners therein shall not constitute a default under the Operative Documents.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Frontier Airlines Inc /Co/)

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Improvements Owned by Others. Notwithstanding any other provision of this Mortgage, the Borrower may install or permit to be installed in the an Aircraft audio-visual, entertainment, telephonic or other passenger convenience equipment owned by third parties (or owned jointly by the Borrower and others) and leased or otherwise furnished to the Borrower in the ordinary course of business, provided that such equipment meets all requirements for removal of Additional Parts as specified in Section 4.03, and the Lien of this Mortgage shall not attach thereto and the rights of the owners therein shall not constitute a default under the Operative Documents.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Frontier Airlines Inc /Co/)

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