Common use of Nameplates Clause in Contracts

Nameplates. The Lessee agrees that it shall, as soon as reasonably practicable but in any case no later than ninety (90) days after the Effective Time, replace the fireproof plates currently on the Airframe and Engines with those bearing the text set out below (and the New Lessor and the Lessee agree that with effect from the Effective Time the text for the plates specified in Clause [ ] of the [Lease Agreement][Common Terms Agreement] shall be deleted and replaced with the text set out below): "This [Aircraft/Engine] is owned by [insert name of New Lessor] ("Lessor") [and mortgaged in favour of [•]], and is leased to [insert name of Xxxxxx] and may not be or remain in possession of, or be operated by, any other person without the prior written consent of Lessor".7 The [New][Existing] Lessor shall, upon receipt of an invoice therefor, reimburse the Lessee for the reasonable costs actually incurred by the Lessee to replace the fireproof plates pursuant to this Clause 3.4.

Nameplates. The Lessee agrees that it shall, as soon as reasonably practicable but in any case no later than ninety (90) days after the Effective Time, replace the fireproof plates currently on the Airframe and Engines with those bearing the text set out below (and the New Lessor and the Lessee agree that with effect from the Effective Time the text for the plates specified in Clause Section [ ] of the [Lease Agreement][Common Terms Agreement] shall be deleted and replaced with the text set out below): "This [Aircraft/Engine] is owned by [insert name of New Lessor] ("Lessor") [and mortgaged in favour favor of [•]], and is leased to [insert name of Xxxxxx] and may not be or remain in possession of, or be operated by, any other person without the prior written consent of Lessor".7 The [New][Existing] Lessor shall, upon receipt of an invoice therefor, reimburse the Lessee for the reasonable costs actually incurred by the Lessee to replace the fireproof plates pursuant to this Clause Section 3.4.