Common use of Section 1110 of the Bankruptcy Code Clause in Contracts

Section 1110 of the Bankruptcy Code. It is the intention of the parties hereto that the security interest created hereby entitles the Secured Party, on behalf of the Beneficiaries, to all of the benefits of Section 1110 of Chapter 11 of the Bankruptcy Code with respect to all of the Pledged Spare Parts and Spare Parts Documents (other than the Identified Spare Parts and the Spare Parts Documents in respect of such Identified Spare Parts), in the event the Company becomes a debtor under such Chapter 11.

Section 1110 of the Bankruptcy Code. It is the intention of the parties hereto that the security interest created hereby entitles the Secured Party, Party on behalf of the Beneficiaries, Beneficiaries to all of the benefits of Section 1110 of Chapter 11 of the Bankruptcy Code with respect to all of the Pledged Spare Parts and Spare Parts Documents (other than the Identified Spare Parts and the Spare Parts Documents in respect of such Identified Spare Parts), the Engines and Engine Documents in the event of the Company becomes a debtor under such Chapter 11Chapter.

Section 1110 of the Bankruptcy Code. It is the intention of the parties hereto that the security interest created hereby entitles the Secured Party, on behalf of the BeneficiariesLenders, to all of the benefits of Section 1110 of Chapter 11 of the Bankruptcy Code with respect to all of the Pledged Spare Parts and Spare Parts Documents (other than the Identified Spare Parts and the Spare Parts Documents in respect of such Identified Spare Parts), in the event the Company becomes a debtor under such Chapter 11.

Section 1110 of the Bankruptcy Code. It is the intention of the parties hereto that the security interest created hereby entitles the Secured Party, Party on behalf of the Beneficiaries, Lenders to all of the benefits of Section 1110 of Chapter 11 of the Bankruptcy Code with respect to all of the Pledged Spare Parts and Spare Parts Documents (other than the Identified Spare Parts and the Spare Parts Documents in respect of such Identified Spare Parts), the Engines and Engine Documents in the event of the Company becomes a debtor under such Chapter 11Chapter.