POOLING OF ENGINES AND PARTS. With LESSOR's prior written consent, not to be unreasonably withheld, LESSEE may subject the Engines and Parts to normal interchange or pooling agreements with responsible commercial air carriers customary in the airline industry and entered into by LESSEE in the ordinary course of its business with respect to its Boeing 737-800 fleet generally, so long as (a) in the case of pooling of an Engine, such Engine is returned to LESSEE within two (2) months, (b) no transfer of title to the Engine occurs, (c) all other terms of this Lease continue to be observed with respect to the Engines or Parts, including but not limited to Articles 8, 10, 12, 13, 14, 15, 16, 17 and 18 and (d) LESSEE continues to be fully responsible to LESSOR for the performance of all of its obligations hereunder.
POOLING OF ENGINES AND PARTS. Lessee will not enter into nor permit any pooling agreement or arrangement in respect of an Engine or Part without the prior written consent of Lessor.
POOLING OF ENGINES AND PARTS. The Lessee will not enter into nor permit any pooling agreement or arrangement in respect of an Engine or Part without the prior written consent of the Lessor and Mortgagee, such consent not to be unreasonably withheld in any case where an Engine or Part is leased, let on hire or otherwise made available by the Lessee (on terms conferring no more than a contractual right in personam against the Lessee and not a right in rem against such Engine or Part) pursuant to a pooling agreement to which the Lessee is a party and:
(a) the other parties to which are reputable, solvent commercial air carriers or the manufacturers or suppliers of the Engine or Part (or other reputable, solvent organizations whose business includes the administration of and participation in such pooling agreements or arrangements); and
(b) which does not contemplate the transfer of title to the pooled Engine or Part; and
(c) either provides that Lessor (or Mortgagee, as the case may be) will be sole loss payee in respect of any loss or damage to the Engine or Part, or provides for Lessor to acquire title to a substitute engine or part satisfying the conditions set out in Clause 8.13(a) if the Engine or Part is destroyed.
POOLING OF ENGINES AND PARTS. LESSEE may subject the Engines and Parts to normal interchange or pooling agreements with responsible international scheduled commercial air carriers customary in the airline industry and entered into by LESSEE in the ordinary course of its business with respect to its entire B737 fleet so long as (a) in the case of pooling of an Engine, such Engine is returned to LESSEE within four (4) months, (b) no transfer of title to the Engine occurs, (c) all other terms of this Lease continue to be observed with respect to the Engines or Parts, including but not limited to Articles 8, 10, 12, 14, 15, 16, 17, 18 and 19 and (d) LESSEE continues to be fully responsible to LESSOR for the performance of all of its obligations hereunder.
POOLING OF ENGINES AND PARTS. Lessee will not enter into nor permit any pooling agreement or arrangement in respect of an Engine or Part without the prior written consent of Lessor except, so long as no Default has occurred which is continuing, for pooling agreements or arrangements satisfying the following conditions:
(a) Lessee has entered into the pooling agreement or arrangement in the ordinary course of its airline business;
(b) the other parties to the pooling agreement or arrangement are reputable, solvent commercial air carriers or the manufacturers or suppliers of the Engine or Part (or other reputable, solvent organizations whose business includes the administration of and participation in such pooling agreements or arrangements);
(c) the Engine or Part is leased, let on hire or otherwise made available by Xxxxxx on terms conferring no more than a contractual right in personam against Xxxxxx and not a right in rem against such Engine or Part;
(d) in the case of an Engine, the pooling agreement or arrangement does not contemplate the transfer of title to such Engine; and
POOLING OF ENGINES AND PARTS. So long as no Default has occurred and is continuing Lessee may lease, let or hire or charter or otherwise part with possession of an Engine or Part (on terms conferring no more than a contractual right against Lessee but not rights against the Engine or Part) pursuant to pooling arrangements to which Lessee is a party and a copy of which agreement has been provided to Lessor and which:-
(a) are arrangements involving responsible, solvent scheduled commercial air carriers or aircraft operators or the manufacturers or suppliers of the Engine or Part previously approved in writing by Lessor;
(b) are arrangements which involve engines and parts with traceability consistent with the Engine or Part;
(c) do not contemplate transfer of title to the pooled Engine or Part; and
(d) either provide that Lessor will be sole loss payee in respect of any loss or damage to the Engine or Part or provide for Lessor to acquire title to a substitute engine satisfying the conditions set out in Clause 8.13
(a) if the Engine or Part is destroyed; or are otherwise acceptable to Lessor in its sole discretion.
POOLING OF ENGINES AND PARTS. LESSEE may subject the Engines and Parts to normal interchange or pooling agreements with responsible international scheduled commercial air carriers customary in the airline industry and entered into by LESSEE in the ordinary course of its business with respect to its entire Airbus narrow body (A318, A319, A320 and/or A321) fleet so long as (a) in the case of pooling of an Engine, such Engine is returned to LESSEE within four (4) months, (b) no transfer of title to the Engine occurs, (c) all other terms of this Lease continue to be observed with respect to the Engines or Parts, including but not limited to Articles 8, 10, 12, 14, 15, 16, 17, 18 and 19 and (d) LESSEE continues to be fully responsible to LESSOR for the performance of all of its obligations hereunder.
POOLING OF ENGINES AND PARTS. 13.1 Lessee shall not enter into any pooling agreement or make any pooling arrangement in respect of Engines without the prior written consent of the Lessor, it being understood that (i) as of the date hereof, Lessee and Continental Airlines, Inc. are contemplating an engine pooling or sharing agreement that Lessor agrees to duly consider, and (ii) Lessee shall not enter into the foregoing engine pooling or sharing agreement in respect of the Engines without the prior written consent of Lessor, which consent shall not be unreasonably withheld.
13.2 Lessee may make pooling arrangements in respect of Parts pursuant to a pooling agreement with the Agreed Maintenance Performer which may be inspected by Lessor on request, provided that the obligations under Clause 16.1 of this Schedule 3 shall be absolute and not subject to Lessee using its reasonable efforts to ensure their application.
POOLING OF ENGINES AND PARTS. 5 Pooling of Engines and Parts.5 Pooling of Engines and Parts.5
POOLING OF ENGINES AND PARTS. Lessee will not enter into nor permit any pooling agreement or arrangement in respect of an Engine or Part without the prior written consent of the Lessor. Such consent shall not be unreasonably withheld in any case where an Engine or Part is leased, let on hire, or otherwise made available by the Lessee (on terms conferring no more than a contractual right in personam against the Lessee and not a right in rem against such Engine or Part) pursuant to a pooling agreement to which the Lessee is a party and:
8.15.1 the other parties to which are reputable, solvent commercial air carriers or the manufacturers or suppliers of the Engine or Part (or other reputable, solvent organizations whose business includes the administration of and participation in such pooling agreements or arrangements); and
8.15.2 which does not contemplate the transfer of title to the pooled Engine or Part;
8.15.3 either provides that the Lessor (or any Lender designated by Lessor) will be sole loss payee in respect of any loss or damage to the Engine or Part, or provides for Lessor to acquire title to a substitute engine or part satisfying the conditions set out in Section 11.1.3 if the Engine or Part is destroyed; and
8.15.4 any Engine obtained from the pool and remaining upon the Aircraft at Redelivery complies with the Redelivery conditions in Schedule 4.
