Common use of Return of Aircraft, Etc Clause in Contracts

Return of Aircraft, Etc. (a) Subject to Section 7.02 hereof, if an Indenture Event of Default shall have occurred and be continuing, at the request of the Indenture Trustee, the Company shall promptly execute and deliver to the Indenture Trustee such documents as the Indenture Trustee may reasonably deem necessary or advisable to enable the Indenture Trustee or an agent or representative designated by the Indenture Trustee, at such time or times and place or places as the Indenture Trustee may specify, to obtain possession of all or any part of the Collateral to which the Indenture Trustee shall at the time be entitled under this Indenture. Subject to the foregoing, if the Company shall for any reason fail to execute and deliver such documents after such request by the Indenture Trustee, the Indenture Trustee may pursue all or part of such wherever it may be found and enter any of the premises of the Company wherever such Collateral may be or be supposed to be and search for such Collateral and take possession of and remove such Collateral. All expenses of pursuing, searching for and taking such Collateral shall, until paid, be secured by the Lien of this Indenture.

Appears in 1 contract

Samples: Note Purchase Agreement (Midway Airlines Corp)

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Return of Aircraft, Etc. (a) Subject to Section 7.02 hereof, if If an Indenture Event of ------------------------ Default shall have occurred and be continuing, subject to Section 4.03 and Section 4.04(a), at the request of the Indenture Trustee, Trustee the Company Owner Trustee shall promptly execute and deliver to the Indenture Trustee such instruments of title and other documents as the Indenture Trustee may reasonably deem necessary or advisable to enable the Indenture Trustee or an agent or representative designated by the Indenture Trustee, at such time or times and place or places as the Indenture Trustee may specify, to obtain possession of all or any part of the Collateral Indenture Estate to which the Indenture Trustee shall at the time be entitled under this Indenturehereunder. Subject to If the foregoing, if the Company Owner Trustee shall for any reason fail to execute and deliver such instruments and documents after such request by the Indenture Trustee, the Indenture Trustee may (i) obtain a judgment conferring on the Indenture Trustee the right to immediate possession and requiring the Owner Trustee to execute and deliver such instruments and documents to the Indenture Trustee, to the entry of which judgment the Owner Trustee hereby specifically consents, and (ii) pursue all or part of the Indenture Estate wherever such wherever it Indenture Estate may be found and may enter any of the premises of the Company Lessee wherever such Collateral it may be or be supposed to be and search for such Collateral and take possession of and remove such Collateralthe same. All expenses of obtaining such judgment or of pursuing, searching for and taking such Collateral property shall, until paid, be secured by the Lien of this Indenture.

Appears in 1 contract

Samples: Trust Indenture and Security Agreement (Midway Airlines Corp)

Return of Aircraft, Etc. (a) Subject to Section 7.02 ----------------------- hereof, if an Indenture Event of Default shall have occurred and be continuing, at the request of the Indenture Trustee, the Company Owner Trustee shall promptly execute and deliver to the Indenture Trustee such documents as the Indenture Trustee may reasonably deem necessary or advisable to enable the Indenture Trustee or an agent or representative designated by the Indenture Trustee, at such time or times and place or places as the Indenture Trustee may specify, to obtain possession of all or any part of the Collateral Indenture Estate to which the Indenture Trustee shall at the time be entitled under this Indenture. Subject to the foregoing, if the Company Owner Trustee shall for any reason fail to execute and deliver such documents after such request by the Indenture Trustee, the Indenture Trustee may pursue all or part of such Indenture Estate wherever it may be found and enter any of the premises of the Company Lessee or the Owner Trustee wherever such Collateral Indenture Estate may be or be supposed to be and search for such Collateral Indenture Estate and take possession of and remove such CollateralIndenture Estate. All expenses of pursuing, searching for and taking such Collateral Indenture Estate shall, until paid, be secured by the Lien of this Indenture.

Appears in 1 contract

Samples: Trust Indenture and Security Agreement (Midway Airlines Corp)

Return of Aircraft, Etc. (a) Subject to Section 7.02 ----------------------- hereof, if an Indenture Event of Default shall have occurred and be continuing, at the request of the Indenture Trustee, the Company shall promptly execute and deliver to the Indenture Trustee such documents as the Indenture Trustee may reasonably deem necessary or advisable to enable the Indenture Trustee or an agent or representative designated by the Indenture Trustee, at such time or times and place or places as the Indenture Trustee may specify, to obtain possession of all or any part of the Collateral to which the Indenture Trustee shall at the time be entitled under this Indenture. Subject to the foregoing, if the Company shall for any reason fail to execute and deliver such documents after such request by the Indenture Trustee, the Indenture Trustee may pursue all or part of such wherever it may be found and enter any of the premises of the Company wherever such Collateral may be or be supposed to be and search for such Collateral and take possession of and remove such Collateral. All expenses of pursuing, searching for and taking such Collateral shall, until paid, be secured by the Lien of this Indenture.

Appears in 1 contract

Samples: Note Purchase Agreement (Midway Airlines Corp)

Return of Aircraft, Etc. (a) Subject to Section 7.02 hereof, if an Indenture Event of Default shall have occurred and be continuing, at the request of the Indenture Trustee, the Company Owner Trustee shall promptly execute and deliver to the Indenture Trustee such documents as the Indenture Trustee may reasonably deem necessary or advisable to enable the Indenture Trustee or an agent or representative designated by the Indenture Trustee, at such time or times and place or places as the Indenture Trustee may specify, to obtain possession of all or any part of the Collateral Trust Indenture Estate to which the Indenture Trustee shall at the time be entitled under this Indenture. Subject to the foregoing, if the Company Owner Trustee shall for any reason fail to execute and deliver such documents after such request by the Indenture Trustee, the Indenture Trustee may pursue all or part of such Trust Indenture Estate wherever it may be found and enter any of the premises of the Company Lessee or the Owner Trustee wherever such Collateral Trust Indenture Estate may be or be supposed to be and search for such Collateral Trust Indenture Estate and take possession of and remove such CollateralTrust Indenture Estate. All expenses of pursuing, searching for and taking such Collateral Trust Indenture Estate shall, until paid, be secured by the Lien of this Indenture.

Appears in 1 contract

Samples: Lease Agreement (Atlantic Coast Airlines Inc)

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Return of Aircraft, Etc. (a) Subject to Section 7.02 hereof, if If an Indenture Event of Default shall have occurred and be continuingcontinuing and the Secured Certificates have been accelerated, subject to Section 4.02 hereof, at the request of the Indenture Trustee, the Company Owner shall promptly execute and deliver to the Indenture Trustee such instruments of title and other documents as the Indenture Trustee may reasonably deem necessary or advisable to enable the Indenture Trustee or an agent or representative designated by the Indenture Trustee, at such time or times and place or places as the Indenture Trustee may specify, to obtain possession of all or any part of the Collateral to which the Indenture Trustee shall at the time be entitled under this Indenturehereunder. Subject to If the foregoing, if the Company Owner shall for any reason fail to execute and deliver such instruments and documents after such request by the Indenture Trustee, the Indenture Trustee may (i) obtain a judgment conferring on the Indenture Trustee the right to immediate possession and requiring the Owner to execute and deliver such instruments and documents to the Indenture Trustee, to the entry of which judgment the Owner hereby specifically consents to the fullest extent permitted by applicable Law, and (ii) pursue all or part of such Collateral wherever it may be found and may enter any of the premises of the Company Owner wherever such Collateral may be or be supposed to be and search for such Collateral and take possession of and remove such Collateral. All expenses of obtaining such judgment or of pursuing, searching for and taking such Collateral property shall, until paid, be secured by the Lien of this Trust Indenture.

Appears in 1 contract

Samples: Trust Indenture and Security Agreement (Northwest Airlines Corp)

Return of Aircraft, Etc. (ai) Subject to Section 7.02 hereof, if If an Indenture Event of Default shall have occurred and be continuingcontinuing and the Notes have been accelerated, at the request of the Indenture TrusteeAdministrative Agent, the Company Borrower shall promptly execute and deliver to the Indenture Trustee Administrative Agent such instruments of title and other documents as the Indenture Trustee Administrative Agent may reasonably deem necessary or advisable to enable the Indenture Trustee Administrative Agent or an agent or representative designated by the Indenture TrusteeAdministrative Agent, at such time or times and place or places as the Indenture Trustee Administrative Agent may specify, to obtain possession of all or any part of the Collateral to which the Indenture Trustee Administrative Agent shall at the time be entitled under this Indenturehereunder. Subject to If the foregoing, if the Company Borrower shall for any reason fail to execute and deliver such instruments and documents after such request by the Indenture TrusteeAdministrative Agent, the Indenture Trustee Administrative Agent may (i) obtain a judgment conferring on the Administrative Agent the right to immediate possession and requiring the Borrower to execute and deliver such instruments and documents to the Administrative Agent, to the entry of which judgment the Borrower hereby specifically consents to the fullest extent permitted by Applicable Law, and (ii) pursue all or part of such Collateral wherever it may be found and may enter any of the premises of the Company Borrower wherever such Collateral may be or be supposed to be and search for such Collateral and take possession of and remove such Collateral. All expenses of obtaining such judgment or of pursuing, searching for and taking such Collateral property shall, until paid, be secured by the Lien in favor of this Indenturethe Administrative Agent.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Seacor Holdings Inc /New/)

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