Common use of TITLE ON AN EQUIPMENT CHANGE Clause in Contracts

TITLE ON AN EQUIPMENT CHANGE. (a) Title to all Engines and Parts installed on the Aircraft whether by way of replacement, as the result of an Equipment Change or otherwise (except those installed pursuant to Section 8.13(b)) will on installation, without further act, vest in Lessor subject to this Agreement free and clear of all Security Interests. Lessee will at its own expense take all such steps and execute, and procure the execution of, all such instruments as Lessor may require and which are necessary to ensure that title so passes to Lessor according to all applicable laws. At any time when requested by Lessor, Lessee will provide evidence to Lessor's satisfaction (including the provision, if required, to Lessor of one or more legal opinions) that title has so passed to Lessor; (b) Lessor may require Lessee to remove any Equipment Change and to restore the Aircraft to its condition prior to that Equipment Change at the end of the Term; and (c) Except as referred to in Section 8.17(b) any Engine or Part at any time removed from the Aircraft will remain the property of Lessor until a replacement has been made in accordance with this Agreement and until title in that replace- ment has passed, according to applicable laws, to Lessor subject to this Agreement free of all Security Interests whereupon title to the replaced Engine or Part will pass to Lessee.

TITLE ON AN EQUIPMENT CHANGE. (a) Title to all Engines and Parts installed on the Aircraft whether by way of replacement, as the result of an Equipment Change or otherwise (except those installed pursuant to Section Clause 8.13(b)) will on installation, without further act, vest in Lessor Owner subject to this Agreement Agreement, the Head Lease and the Sub Lease free and clear of all Security Interests. Lessee will at its own expense take all such steps and execute, and procure the execution of, all such instruments as Lessor may require and which are necessary to ensure that title so passes to Lessor Owner according to all applicable laws. At any time when requested by Lessor, Lessee will provide evidence to Lessor's and Owner's satisfaction (including the provision, if required, to Lessor and Owner of one or more legal opinions) that title has so passed to LessorOwner; (b) Lessor may require Lessee to remove any Equipment Change and to restore the Aircraft to its condition prior to that Equipment Change at the end of the TermChange; and (c) Except as referred to in Section Clause 8.17(b) any Engine or Part at any time removed from the Aircraft will remain the property of Lessor Owner until a replacement has been made in accordance with this Agreement and until title in that replace- ment replacement has passed, according to applicable laws, to Lessor Owner subject to this Agreement Agreement, the Head Lease and the Sub Lease free of all Security Interests whereupon title to the replaced Engine or Part will pass to Lessee.

TITLE ON AN EQUIPMENT CHANGE. (a) Title to all Engines and Parts installed on the Aircraft whether by way of replacement, as the result of an Equipment Change or otherwise (except those installed pursuant to Section 8.13(b)) will on installation, without further act, vest in Lessor subject to this Agreement free and clear of all Security InterestsLiens. Lessee will at its own expense take all such steps and execute, and procure the execution of, all such instruments as Lessor may require and which are necessary to ensure that title so passes to Lessor according to all applicable laws. At any time when requested by Lessor, Lessee will provide evidence to Lessor's satisfaction (including the provision, if required, to Lessor of one or more legal opinions) that title has so passed to Lessor; (b) Lessor may require Lessee to remove any Equipment Change and to restore the Aircraft to its condition prior to that Equipment Change at the end of the Term; and (c) Except as referred to in Section 8.17(b) any Engine or Part at any time removed from the Aircraft will remain the property of Lessor until a replacement has been made in accordance with this Agreement and until title in that replace- ment replacement has passed, according to applicable laws, to Lessor subject to this Agreement free of all Security Interests Liens whereupon title to the replaced Engine or Part will pass to Lessee.