Title to Parts Sample Clauses

Title to Parts. Except as otherwise provided in the proviso to the third sentence of Section 7(d), all Parts at any time removed from the Airframe or any Engine shall remain the property of the Lessor and subject to this Lease, no matter where located, until such time as such Parts shall be replaced by Parts that have been incorporated or installed in or attached to such Airframe or Engine and that meet the requirements for replacement Parts specified in Section 7(a). Immediately upon any replacement Part becoming incorporated or installed in or attached to an Airframe or Engine as provided in Section 7(a), without further act, (i) title to the replaced Part shall thereupon vest in the Lessee (or the relevant Permitted Sublessee), in "as-is, where-is" condition, free and clear of all rights of the Lessor and the Indenture Trustee and any Lessor's Liens and shall no longer be deemed a Part hereunder; (ii) title to such replacement Part shall thereupon vest in the Lessor (subject only to Permitted Liens); and (iii) such replacement Part shall become subject to this Lease and be deemed part of such Airframe or Engine, as the case may be, for all purposes hereof to the same extent as the Parts originally incorporated or installed in or attached to such Airframe or Engine.
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Title to Parts. All Parts at any time removed from the Aircraft shall remain the property of Lessor, no matter where located, until such time as: (a) such Parts shall be replaced by parts that have been incorporated or reinstalled in or attached to the Aircraft and that meet the requirements for replacement parts specified above in Section 7.4, and (b) title thereto shall have passed to Lessor free and clear of all Liens other than Permitted Liens. Immediately upon the incorporation or installation in or attachment in or to the Aircraft of any replacement part as above provided, and without further act (c) title to the removed Part shall vest in Lessee, free and clear of all rights of Lessor and any Lessor’s Liens and (d) such replacement part shall be subject to this Agreement and shall be deemed a Part of the Aircraft for all purposes hereof to the same extent as the Parts originally incorporated and installed in or attached to the Aircraft.
Title to Parts. 19 (c) Pooling or Parts Leasing........................................................ 19 (d) Alterations, Modifications and Additions........................................ 20 (e)
Title to Parts. Title to each Part (including any Alteration) incorporated in the Facility pursuant to this Article VI shall without further act vest in the Owner and shall be deemed to constitute a part of the Facility and be subject to this Operating Agreement in the following cases:
Title to Parts. Subject to the provisions hereof, title to all Parts incorporated or installed in or attached or added to the Aircraft or any part thereof as the result of any alteration, modification or addition shall, without further act, vest in Owner and become subject to this Lease and any Mortgage; provided, however, that so long as no Default or Event of Default shall have occurred and be continuing, at any time during the Term, Lessee may remove any Part from the Aircraft or any part thereof, provided that (a) such Part is in addition to, and not in replacement of or in substitution for, any Part originally incorporated or installed in or attached to the Aircraft or any part thereof at the time of delivery thereof hereunder or any Part in replacement of, or substitution for, any such original Part; (b) such Part is not required to be incorporated or installed in or attached or added to the Aircraft or any part thereof pursuant to the terms hereof; and (c) such Part can be removed from the Aircraft or any part thereof without diminishing or impairing the value, utility or airworthiness which the Aircraft or any part thereof would have had at such time had such addition not occurred. Upon the removal by Lessee of any such Part as above provided, title thereto shall, without further act, vest in Lessee free and clear of all Lessor Liens and such Part shall no longer be deemed a Part hereunder. Title to any Part not removed by Lessee as above provided prior to the return of the Aircraft to Lessor hereunder shall remain with Owner and subject to this Lease and any Mortgage.
Title to Parts. 15 Section 6.09
Title to Parts. Any Part removed from the Airframe or any Engine -------------- as provided in paragraph (a) of this Section 8 may be subjected by Lessee or any Permitted Sublessee to normal pooling arrangements customary in the airline industry entered into in the ordinary course of the business of Lessee or such Permitted Sublessee with vendors or with other air carriers. The Part replacing such removed Part shall be incorporated or installed in or attached to the Airframe or Engine in accordance with paragraph (a) of this Section 8 promptly after the removal of such removed Part. In addition, any replacement Part when incorporated or installed in or attached to the Airframe or any Engine in accordance with paragraph (a) of this Section 8 may be owned by another air carrier subject to such a normal pooling arrangement; provided that Lessee or such Permitted Sublessee shall, promptly thereafter, either (i) cause title to such replacement Part to vest in Lessor in accordance with said paragraph (a) by Lessee or such Permitted Sublessee acquiring title thereto for the benefit of Lessor free and clear of all Liens except Permitted Liens or (ii) replace such replacement Part by incorporating or installing in or attaching to the Airframe or Engine a further replacement Part owned by Lessee or such Permitted Sublessee free and clear of all Liens except Permitted Liens and shall cause title to such further replacement Part to vest in Lessor in accordance with paragraph (a) of this Section 8.
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Title to Parts. 8.1 All accessories, equipment, parts or components provided by Supplier hereunder shall become part of a Contract Aircraft and shall become the property of Customer upon full payment as required under Clause 11 (Prices and Terms of Payment).
Title to Parts. (a) Title to each Part (including any Alteration) incorporated or installed in or attached to the Leased Property pursuant to this Article 11 shall without further act vest in Lessor and shall be deemed to constitute a part of the Leased Property and be the property of Lessor subject to this Lease if:
Title to Parts. 1. Except for the cases described in Section 16.2, the Parts attached by Lessee to the Property under Section 14.4 shall be deemed as the Parts constituting the Property when attached to the Property, automatically become property of Lessor, and leased by Lessor to Lessee under this Agreement. With respect to the Parts removed from the Property, title to the replacement components shall pass to Lessor and that to the removed Parts shall pass to Lessee. Provided that the Parts which are removed for exchange but not replaced with components of the same type shall, regardless of the location of such Parts, remain as property of Lessor and covered by this Agreement.
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