Termination as to Engines. So long as no Lease Event of Default or Lease Default shall have occurred and be continuing, Lessee shall have the right, at its option at any time during the Term, on at least 30 days' prior written notice to Lessor, Indenture Trustee, the Original Loan Participant and the Owner Participant, to terminate this Lease with respect to any Engine not then installed or held for use on the Airframe. In such event, and prior to the date of such termination, Lessee shall replace such Engine hereunder by complying with the terms of Section 10.2 to the same extent as if an Event of Loss had occurred with respect to such Engine, and, upon Indenture Trustee's release of the replaced Engine from the Lien of the Trust Indenture Estate, Lessor shall Transfer to Lessee the replaced Engine as provided in Section 5.2.
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Samples: Sale and Lease Agreement (Southwest Airlines Co), Sale and Lease Agreement (Southwest Airlines Co), Sale and Lease Agreement (Southwest Airlines Co)
Termination as to Engines. So long as no Lease Event of Default or Lease Default shall have occurred and be continuing, Lessee shall have the right, at its option at any time during the Term, on at least 30 days' prior written notice to Lessor, Indenture Trustee, the Original Loan Participant and the Owner Participant, to terminate this Lease with respect to any Engine not then installed or held for use on the Airframe. In such event, and prior to the date of such termination, Lessee shall replace such Engine hereunder by complying with the terms of Section 10.2 to the same SALE AND LEASE AGREEMENT [N603SW] -33- 40 extent as if an Event of Loss had occurred with respect to such Engine, and, upon Indenture Trustee's release of the replaced Engine from the Lien of the Trust Indenture Estate, Lessor shall Transfer to Lessee the replaced Engine as provided in Section 5.2.
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