Common use of REMOVAL OF ENGINES AND PARTS Clause in Contracts

REMOVAL OF ENGINES AND PARTS. Lessee will ensure that no Engine or Part installed on the Aircraft is at any time removed from the Aircraft other than:- (a) if replaced as expressly permitted by this Agreement; or (b) if the removal is of an obsolete item and is in accordance with Lessee's Maintenance Program; or (i) during the course of maintaining, servicing, repairing, overhauling or testing that Engine or the Aircraft, as the case may be; or (ii) as part of a normal engine or part rotation program; or (iii) for the purpose of making such modifications to the Engine or the Aircraft, as the case may be, as are permitted under this Agreement; (a) as soon as practicable and in any event no later than the Expiry Date, and (B) with respect to an Engine, title to such Engine shall remain vested in Lessor.

Appears in 5 contracts

Samples: Aircraft Lease Agreement (Frontier Airlines Inc /Co/), Aircraft Lease Agreement (Frontier Airlines Inc /Co/), Aircraft Lease Agreement (Frontier Airlines Inc /Co/)

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