Common use of No Option to Replace Clause in Contracts

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No Option to Replace. confirm that the insurers are not entitled to replace the Aircraft in the event of an insured Total Event of Loss.

Appears in 5 contracts

Samples: Purchase Agreement (Hawaiian Holdings Inc), Common Terms Agreement (Airtran Airways Inc), Servicing Agreement (Aerco LTD)

No Option to Replace. confirm that the insurers are not entitled to replace the Aircraft in the event of an insured Total Loss.;

Appears in 2 contracts

Samples: Cit Group Inc, Cit Group Inc

No Option to Replace. confirm that the insurers are not entitled to replace the Aircraft in the event of an insured Total LossEvent of Loss and are not entitled to replace any Engine in the event of an Engine Event of Loss with respect to such Engine.

Appears in 1 contract

Samples: Aircraft Lease Agreement (Turn Works Acquisition Iii Sub a Inc)

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No Option to Replace. confirm that the insurers are not entitled to replace the Aircraft in the event of an insured Total Event of Loss.. 07c043 CTA

Appears in 1 contract

Samples: Common Terms Agreement (Lan Airlines SA)

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