REPLACEMENT AND POOLING OF PARTS. Section 8.01.
REPLACEMENT AND POOLING OF PARTS. Alterations, Modifications and Additions.
(i) Except as otherwise provided in Section 4(e)(iv), Company, at its own cost and expense, will promptly replace all Parts, which may from time to time be incorporated or installed in or attached to the Airframe or any Engine and which may from time to time become worn out, lost, stolen, destroyed, seized, confiscated, damaged beyond repair or permanently rendered unfit for use for any reason whatsoever. In addition, in the ordinary course of maintenance, service, repair or testing, Company at its own cost and expense may remove any Parts, whether or not worn out, lost, stolen, destroyed, seized, confiscated, damaged beyond repair or permanently rendered unfit for use, provided that, except as otherwise provided in Section 4(e)(iv), Company at its own cost and expense shall replace such Parts as promptly as practicable. All replacement Parts shall be owned by Company free and clear of all Liens (except Permitted Encumbrances and the Lease, and for pooling arrangements to the extent permitted by Section 4(e)(ii)), and shall be in as good operating condition as, and shall have a value and utility at least equal to, the Parts replaced assuming such property were in the condition and repair required to be maintained by the terms hereof. All Parts at any time removed from the Airframe or any Engine shall remain the property of Company and shall remain subject to the lien and security interest of this Mortgage, no matter where located until such time as such Parts shall be replaced by parts which have been incorporated or installed in or attached to the Airframe or any Engine and which meet the requirements for replacement parts specified above. Immediately upon any replacement Part becoming incorporated or installed in or attached to the Airframe or any Engine as above provided, without further act, (A) title to such replacement Part shall vest in and such replacement part shall become the property of Company and shall become subject to the lien and security interest of this Mortgage and shall be deemed part of the Airframe or such Engine for all purposes hereof to the same extent as the property originally comprising, or installed on, such Airframe or such Engine, and (B) title to the replaced part shall no longer be the property of Company and shall thereupon become free and clear of all rights of Agent hereunder and shall no longer be deemed a Part hereunder.
(ii) Any Part removed from the Airframe or any Engine as ...
REPLACEMENT AND POOLING OF PARTS. ALTERATIONS, MODIFICATIONS AND ADDITIONS; SUBSTITUTION OF ENGINES
REPLACEMENT AND POOLING OF PARTS. Alterations, Modifications and Additions.
(i) Except as otherwise provided in Section 4(e)(iv), Company, at its own cost and expense, will promptly replace all Parts, which may from time to time be incorporated or installed in or attached to the Airframe or any Engine or Spare Engine and which may from time to time become worn out, lost, stolen, destroyed, seized, confiscated, damaged beyond repair or permanently rendered unfit for use for any reason whatsoever. In addition, in the ordinary course of maintenance, service, repair or testing, Company at its own cost and expense may remove any Parts, whether or not worn out, lost, stolen, destroyed, seized, confiscated, damaged beyond repair or permanently rendered unfit for use, provided that, except as otherwise provided in Section 4(e)(iv), Company at its own cost and expense shall replace such Parts as promptly as practicable. All replacement Parts shall be owned by Company free and clear of all Liens (except Permitted Encumbrances and the Lease, and for pooling arrangements to the extent permitted by
REPLACEMENT AND POOLING OF PARTS. Alterations, Modifications and Additions; Substitution of Engines
REPLACEMENT AND POOLING OF PARTS. Alterations, Modifications and Additions; Substitution of Airframe and Engines 55 Section 7.05 Loss, Destruction or Requisition 60 Section 7.06 Insurance 66 ARTICLE VIII SUCCESSOR AND ADDITIONAL TRUSTEES 74 Section 8.01 Resignation or Removal; Appointment of Successor 74 Section 8.02 Appointment of Additional and Separate Trustees 75 ARTICLE IX AMENDMENTS AND WAIVERS 77 Section 9.01 Amendments to this Indenture without Consent of Holders 77 Section 9.02 Amendments to this Indenture with Consent of Holders 79 Section 9.03 Amendments, Waivers, Etc. of the Participation Agreement 80
REPLACEMENT AND POOLING OF PARTS. ALTERATIONS, MODIFICATIONS AND ADDITIONS
(a) Replacement of Parts
(b) Pooling of Parts
(c) Alterations, Modifications and Additions
(d) Transfer of Engines Within Lessee's Fleet
REPLACEMENT AND POOLING OF PARTS. ALTERATIONS, MODIFICATIONS AND ADDITIONS.
REPLACEMENT AND POOLING OF PARTS. Alterations, ---------------------------------------------- Modification and Additions; Event of Loss. -----------------------------------------
REPLACEMENT AND POOLING OF PARTS
