Common use of Limitation of Powers Clause in Contracts

Limitation of Powers. Each Trust shall be constituted solely for the purpose of making the investment in the Equipment Notes provided for in the related Trust Supplement, and, except as set forth herein or in such related Trust Supplement, the Trustee shall not be authorized or empowered to acquire any other investments or engage in any other activities. Except to the extent otherwise provided in the applicable Trust Supplement, the Trustee shall not be authorized or empowered to do anything that would cause such Trust to fail to qualify as a "grantor trust" for federal income tax purposes (including as subject to this restriction, acquiring any Aircraft (as defined in the related Indentures) by bidding such Equipment Notes or otherwise, or taking any action with respect to any such Aircraft once acquired).

Limitation of Powers. Each Trust shall be constituted solely for the purpose of making the investment in the Equipment Notes provided for in the related Trust Supplement, and, except as set forth herein or in such related Trust Supplement, the Trustee shall not be authorized or empowered to acquire any other investments or engage in any other activities. Except to the extent otherwise provided in the applicable Trust Supplement, the Trustee shall not be authorized or empowered to do anything that would cause such Trust to fail to qualify as a "“grantor trust" ” for federal income tax purposes (including as subject to this restriction, acquiring any Aircraft (as defined in the related Indentures) by bidding such Equipment Notes or otherwise, or taking any action with respect to any such Aircraft once acquired).

Limitation of Powers. Each The Trust shall be is constituted solely for the purpose of making the investment in the Equipment Notes provided for in the related Trust SupplementNotes, and, except as set forth herein or in such related Trust Supplementherein, the Trustee shall not be authorized or empowered to acquire any other investments or engage in any other activities. Except to activities including without limitation purchasing any Equipment Note issued in connection with the extent otherwise provided redemption of outstanding Equipment Notes under any Indenture and, in the applicable Trust Supplementparticular, the Trustee shall not be authorized or empowered to do anything that would cause such Trust to fail to qualify as a "“grantor trust" ” for federal income tax purposes (including as subject to this restriction, acquiring any Aircraft (as defined in the related respective Indentures) by bidding such Equipment Notes or otherwise, or taking any action with respect to any such Aircraft once acquired).

Limitation of Powers. Each The Trust shall be is constituted solely for the purpose of making the investment in the Equipment Notes provided for in the related Trust SupplementNotes, and, except as set forth herein or in such related Trust Supplementherein, the Trustee shall not be authorized or empowered to acquire any other investments or engage in any other activities. Except to activities including without limitation purchasing any Equipment Note issued in connection with the extent otherwise provided redemption of outstanding Equipment Notes under any Indenture and, in the applicable Trust Supplementparticular, the Trustee shall not be authorized or empowered to do anything that would cause such Trust to fail to qualify as a "grantor trust" for federal income tax purposes (including as subject to this restriction, acquiring any Aircraft (as defined in the related respective Indentures) by bidding such Equipment Notes or otherwise, or taking any action with respect to any such Aircraft once acquired).

Limitation of Powers. Each Trust shall be constituted solely for the purpose of making the investment in the Equipment Notes provided for in the related Trust Supplement, and, except as set forth herein or in such related Trust Supplement, the Trustee shall not be authorized or empowered to acquire any other investments or engage in any other activities. Except to the extent otherwise provided in the applicable Trust Supplement, the Trustee shall not be authorized or empowered to do anything that would cause such Trust to fail to qualify as a "“grantor trust" ” for United States federal income tax purposes (including as subject to this restriction, acquiring any Aircraft (as defined in the related Indentures) by bidding such Equipment Notes or otherwise, or taking any action with respect to any such Aircraft once acquired).