Common use of Pooling of Parts; Temporary Replacement Parts Clause in Contracts

Pooling of Parts; Temporary Replacement Parts. Any Part removed from any Airframe or any Engine or any Spare Engine may be subjected by the Company (or any Permitted Lessee) to a normal pooling arrangement customary in the airline industry and entered into in the ordinary course of business of Company or Permitted Lessee; provided that the part replacing such removed Part shall be incorporated or installed in or attached to such Airframe or Engine or Spare Engine in accordance with Section 3.04(b) hereof as promptly as practicable after the removal of such removed Part. In addition, the Company (or any Permitted Lessee) may use temporary parts or pooled parts on any Aircraft that are owned by a third party subject to a pooling arrangement as temporary replacements for Parts, provided that the Company (or any Permitted Lessee) as promptly thereafter as practicable, either (1) causes such pooled or temporary replacement part to become subject to the Lien of this C Mortgage free and clear of all Liens other than Permitted Liens or (2) replaces such replacement part with a further replacement part owned by the Company (or any Permitted Lessee) which meets the requirements of Section 3.04(b) hereof and which shall become subject to the Lien of this C Mortgage, free and clear of all Liens other than Permitted Liens.

Pooling of Parts; Temporary Replacement Parts. Any Part removed from any the Airframe or any Engine or any Spare Engine may be subjected by the Company Owner (or any Permitted Lessee) to a normal pooling arrangement customary in the airline industry and entered into in the ordinary course of business of Company Owner or Permitted Lessee; provided that the part replacing such removed Part shall be incorporated or installed in or attached to such Airframe or Engine or Spare Engine in accordance with Section 3.04(b4.04(b) hereof as promptly as practicable after the removal of such removed Part. In addition, the Company Owner (or any Permitted Lessee) may use temporary parts or pooled parts on any the Aircraft that are owned by a third party subject to a pooling arrangement as temporary replacements for Parts, provided that the Company Owner (or any Permitted Lessee) as promptly thereafter as practicable, either (1) causes such pooled or temporary replacement part to become subject to the Lien of this C Mortgage Trust Indenture free and clear of all Liens other than Permitted Liens or (2) replaces such replacement part with a further replacement part owned by the Company Owner (or any Permitted Lessee) which meets the requirements of Section 3.04(b4.04(b) hereof and which shall become subject to the Lien of this C MortgageTrust Indenture, free and clear of all Liens other than Permitted Liens.

Pooling of Parts; Temporary Replacement Parts. Any Part removed from any Airframe or any Engine or any Spare Engine as provided in Section 8(a) hereof may be subjected by the Company (or any Permitted Lessee) Lessee to a normal pooling arrangement customary in of the airline industry and entered into in the ordinary course of business of Company or Permitted Lesseetype which is permitted for Engines by paragraph 7(c) hereof; provided that the part Part replacing such removed Part shall be incorporated or installed in or attached to such Airframe or Engine or Spare such Engine in accordance with Section 3.04(b8(a) hereof as promptly as practicable after the removal of such removed Part. In addition, the Company (or any Permitted Lessee) Lessee may use temporary parts or pooled parts on any an Aircraft that are owned by a third party subject to a pooling arrangement as temporary replacements for Parts, provided that the Company (or any Permitted Lessee) Lessee as promptly thereafter as practicable, either (1) causes such pooled or temporary replacement part to become subject to the Lien of this C the Mortgage free and clear of all Liens other than Permitted Liens Liens, at which time such temporary replacement part shall become a Part or (2) replaces such replacement part with by incorporating or installing in or attaching to such Airframe or an Engine a further replacement part owned by the Company (or any Permitted Lessee) Lessee which meets the requirements of Section 3.04(b8(a) hereof and which shall become subject to the Lien of this C the Mortgage, free and clear of all Liens other than Permitted Liens.

Pooling of Parts; Temporary Replacement Parts. Any Part removed from any the Airframe or any Engine or any Spare Engine as provided in Section 4.01 hereof may be subjected by the Company Borrower (or any Permitted Lessee) to a normal pooling arrangement customary in of the airline industry and entered into in the ordinary course of business of Company or Permitted Lesseetype which is permitted for Engines by paragraph 3.03(a); provided that the part replacing such removed Part shall be incorporated or installed in or attached to such Airframe or Engine or Spare Engine in accordance with Section 3.04(b) hereof 4.01 as promptly as practicable after the removal of such removed Part. In addition, the Company Borrower (or any Permitted Lessee) may use temporary parts or pooled parts on any the Aircraft that are owned by a third party subject to a pooling arrangement as temporary replacements for Parts, provided that the Company Borrower (or any Permitted Lessee) as promptly thereafter as practicable, either (1) causes such pooled or temporary replacement part to become subject to the Lien of this C Mortgage Trust Indenture free and clear of all Liens other than Permitted Liens or (2) replaces such replacement part with a further replacement part owned by the Company Borrower (or any Permitted Lessee) which meets the requirements of Section 3.04(b) hereof 4.01 and which shall become subject to the Lien of this C MortgageTrust Indenture, free and clear of all Liens other than Permitted Liens.

Pooling of Parts; Temporary Replacement Parts. Any Part removed from any the Airframe or any Engine or any Spare Engine as provided in Section 4.04(b) hereof may be subjected by the Company Owner (or any Permitted Lessee) to a normal pooling arrangement customary in of the airline industry and entered into in the ordinary course of business of Company or Permitted Lesseetype which is permitted for Engines by Section 4.02(b)(i); provided that the part replacing such removed Part shall be incorporated or installed in or attached to such Airframe or Engine or Spare Engine in accordance with Section 3.04(b4.04(b) hereof as promptly as practicable after the removal of such removed Part. In addition, the Company Owner (or any Permitted Lessee) may use temporary parts or pooled parts on any the Aircraft that are owned by a third party subject to a pooling arrangement as temporary replacements for Parts, provided that the Company Owner (or any Permitted Lessee) as promptly thereafter as practicable, either (1) causes such pooled or temporary replacement part to become subject to the Lien of this C Mortgage Trust Indenture free and clear of all Liens other than Permitted Liens or (2) replaces such replacement part with a further replacement part owned by the Company Owner (or any Permitted Lessee) which meets the requirements of Section 3.04(b4.04(b) hereof and which shall become subject to the Lien of this C MortgageTrust Indenture, free and clear of all Liens other than Permitted Liens.

Pooling of Parts; Temporary Replacement Parts. Any Part removed from any the Airframe or any Engine or any Spare Engine as provided in Section 8(a) hereof may be subjected by the Company (or any Permitted Lessee) Lessee to a normal pooling arrangement customary in of the airline industry and entered into in the ordinary course of business of Company or Permitted Lesseetype which is permitted for Engines by paragraph 7(c) hereof; provided that the part Part replacing such removed Part shall be incorporated or installed in or attached to such the Airframe or Engine or Spare such Engine in accordance with Section 3.04(b8(a) hereof as promptly as practicable after the removal of such removed Part. In addition, the Company (or any Permitted Lessee) Lessee may use temporary parts or pooled parts on any the Aircraft that are owned by a third party subject to a pooling arrangement as temporary replacements for Parts, provided that the Company (or any Permitted Lessee) Lessee as promptly thereafter as practicable, either (1) causes such pooled or temporary replacement part to become subject to the Lien of this C the Mortgage free and clear of all Liens other than Permitted Liens Liens, at which time such temporary replacement part shall become a Part or (2) replaces such replacement part with by incorporating or installing in or attaching to the Airframe or an Engine a further replacement part owned by the Company (or any Permitted Lessee) Lessee which meets the requirements of Section 3.04(b8(a) hereof and which shall become subject to the Lien of this C the Mortgage, free and clear of all Liens other than Permitted Liens.