Common use of Possession and Leases Clause in Contracts

Possession and Leases. Owner will not, without the prior written consent of the Indenture Trustee, lease or otherwise in any manner deliver, transfer or relinquish possession of the Airframe or any Engine or install or permit any Engine to be installed on any airframe other than the Airframe or enter into any Wet Lease, and so long as Owner (or any Lessee) shall comply with the provisions of Section 7.02(a) and Section 7.04, Owner may (or may permit any Lessee to), without the prior written consent of the Indenture Trustee:

Appears in 5 contracts

Samples: Indenture and Security Agreement (Us Airways Inc), Indenture and Security Agreement (Us Airways Inc), Indenture and Security Agreement (Us Airways Inc)

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Possession and Leases. Owner will not, without the prior written consent of the Indenture Trustee, lease or otherwise in any manner deliver, transfer or relinquish possession of the Airframe or any Engine or install or permit any Engine to be installed on any airframe other than the Airframe or enter into any Wet Lease, and so long as Owner (or any Lessee) shall comply with the provisions of Section 7.02(a) and Section 7.047.04 hereof, Owner may (or may permit any Lessee to), without the prior written consent of the Indenture Trustee:

Appears in 1 contract

Samples: Indenture and Security Agreement (Us Airways Inc)

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