Replacement Engine upon Return Sample Clauses

Replacement Engine upon Return. In the event that any engine not owned by Lessor shall be installed on the Airframe returned in accordance with this Section 5(a) hereof, such engine shall comply with the definition of a Replacement Engine, suitable for installation and use on the Airframe and fully compatible with other Engines. At the time of such replacement such engine shall have performance and durability characteristics and a value, condition and utility at least equal to the Engine it replaced hereunder, assuming such Engine was maintained in accordance with the requirements of this Lease, including this Section 5, which are applicable to Engines. Upon return of the Aircraft of which the Airframe is a part, Lessee shall duly convey to Lessor good and marketable title to any such replacement engines, free and clear of all Liens whatsoever; and, upon such conveyance, Lessee, at its own expense, will (i) furnish Lessor with a full warranty bill xx sale, in form and substance satisfactory to Lessor, with respect to such replacement engines; (ii) furnish Lessor with such evidence of Lessee's title to such replacement engines, including an opinion of Lessee's counsel, and of the condition of such replacement engines may be duly and properly vested in Lessor to the same extent as the Engine replaced thereby. Upon full compliance by Lessee with its obligations hereunder, at Lessee's expense, Lessor will transfer to Lessor, without recourse or warrant, (except for Lessor's Warranty and subject to the disclaimer set forth in Section 4(a) hereof), all Lessor's right, title and interest in and to an Engine constituting part of the Aircraft but not installed on the Airframe at the time of the return of the Airframe.
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