Common use of Mortgage Supplements for Replacements Clause in Contracts

Mortgage Supplements for Replacements. In the event of a Replacement Engine being substituted as contemplated by Section 5.02 of the Mortgage, the Borrower and the Administrative Agent agree for the benefit of the Lenders, subject to fulfillment of the conditions precedent and compliance by the Borrower with its obligations set forth in Section 5.02 of the Mortgage and the requirements of Section 13(a) with respect to such Replacement Engine, to execute and deliver a Mortgage Supplement with respect thereto as contemplated by Section 5.02 of the Mortgage, and, provided no Default or Event of Default in each case under Section 11 hereof shall have occurred and be continuing, to execute and deliver to the Borrower an appropriate instrument releasing the Engine being replaced from the Lien of the Mortgage (which may be the Mortgage Supplement that adds the Replacement Engine to the Mortgage).