Common use of Possession and Permitted Leases Clause in Contracts

Possession and Permitted Leases. Owner will not, without the ------------------------------- prior written consent of 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; provided that, so long as such action shall not deprive the Indenture Trustee of the perfected Lien of this Agreement on the Airframe or any Engine, Owner may, without the prior written consent of Indenture Trustee:

Possession and Permitted Leases. Owner will not, without the ------------------------------- prior written consent of 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; provided that, so long as such action shall not deprive the Indenture Trustee of the perfected Lien of this Agreement on the Airframe or any Engine, Owner may, without the prior written consent of Indenture Trustee:: [Trust Indenture and Mortgage (1997 747-1)]

Possession and Permitted Leases. Owner will not, without the ------------------------------- prior written consent of 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; provided that, so long as such action shall not deprive the Indenture Trustee of the perfected Lien of this Agreement on the Airframe or any Engine, Owner may, without the prior written consent of Indenture Trustee: