Common use of Return of the Engines Clause in Contracts

Return of the Engines. In the event that an Acceptable Alternate Engine shall be delivered with the returned Airframe as set forth in subsection (a) of this Exhibit G, Lessee, concurrently with such delivery, will, at no cost to Lessor, furnish, or cause to be furnished, to Lessor a full warranty (as to title) xxxx of sale with respect to each such Acceptable Alternate Engine, in form and substance satisfactory to Lessor (together with an opinion of counsel (which may be Lessee's General Counsel, Deputy General Counsel or Associate General Counsel) to the effect that such full warranty xxxx of sale has been duly authorized and delivered and is enforceable in accordance with its terms and that each such Acceptable Alternate Engine is free and clear of all Liens other than Lessor Liens, Loan Participant Liens and Indenture Trustee Liens), against receipt from Lessor of a xxxx of sale or evidencing the transfer, without recourse or warranty (except as to the absence of Lessor Liens), by Lessor to Lessee or its designee of all of Lessor's right, title and interest in and to any Engine not installed on the Airframe at the time of the return of the Airframe.

Appears in 2 contracts

Samples: Lease Agreement (Us Airways Inc), Lease Agreement (Us Airways Inc)

AutoNDA by SimpleDocs

Return of the Engines. In the event that an Acceptable Alternate Engine shall be delivered with the returned Airframe as set forth in subsection (a) of this Exhibit G, Lessee, concurrently with such delivery, will, at no cost to Lessor, furnish, or cause to be furnished, to Lessor a full warranty (as to title) xxxx of sale with respect to each such Acceptable Alternate Engine, in form and substance satisfactory to Lessor (together with an opinion of counsel (which may be Lessee's General Counsel, Deputy General Counsel, Associate General Counsel or Associate Assistant General Counsel) to the effect that such full warranty xxxx of sale has been duly authorized and delivered and is enforceable in accordance with its terms and that each such Acceptable Alternate Engine is free and clear of all Liens other than Lessor Liens, Loan Participant Liens and Indenture Trustee Liens), against receipt from Lessor of a xxxx of sale or evidencing the transfer, without recourse or warranty (except as to the absence of Lessor Liens), by Lessor to Lessee or its designee of all of Lessor's right, title and interest in and to any Engine not installed on the Airframe at the time of the return of the Airframe.

Appears in 2 contracts

Samples: Lease Agreement (Us Airways Inc), Lease Agreement (Us Airways Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!