Examples of Engine and Spare Parts Security Agreement in a sentence
The Engine and Spare Parts Security Agreement contemplates the execution and delivery from time to time of Supplemental Schedules to Schedule 1.1(S) of the Engine and Spare Parts Security Agreement by Grantor in favor of Agent thereto for the purpose of subjecting to the Lien of the Engine and Spare Parts Security Agreement additional Spare Parts.
In the event of any actual, irreconcilable conflict that cannot be resolved between the Engine and Spare Parts provisions of this Agreement and the Engine and Spare Parts Security Agreement, the provisions of the Engine and Spare Parts Security Agreement shall control and govern.
Capitalized terms used herein and not otherwise defined shall have the meanings ascribed thereto in the Engine and Spare Parts Security Agreement.
In the event of any actual, irreconcilable conflict that cannot be resolved between the Engine and Spare Parts provisions of this Agreement and the Engine and Spare Parts Security Agreement, the provisions of the Engine and Spare Parts Agreement shall control and govern.
The Term B Credit Agreement is secured by a lien on substantially all the assets of Hawaiian, pursuant to a Security Agreement and an Engine and Spare Parts Security Agreement (which relates to certain aircraft collateral of Hawaiian) in favor of Canyon, as agent for the Term B lenders.
To the extent expressly permitted by the Engine and Spare Parts Security Agreement (as defined in the Bank Credit Agreement) so long as such Agreement is in full force and effect, and otherwise, Grantor may, at any time and at its own cost and expense, incorporate or install in or attach to an aircraft, an aircraft engine or a flight simulator, any Spare Part that constitutes Collateral to replace any Spare Part removed from such aircraft, aircraft engine or flight simulator for any reason whatsoever.
Grantor has heretofore executed that certain Engine and Spare Parts Security Agreement in favor of Agent, dated as of June 2, 2005 (the "Engine and Spare Parts Security Agreement"), recorded with the Federal Aviation Administration on ______________________, 20__ with Conveyance No. ________.
The security interests granted by Grantor to any of Agent or the Lender Group or the Bank Product Providers in the Collateral under the Original Engine and Spare Parts Security Agreement continue without interruption under this Agreement to secure the Secured Obligations and such security interests are hereby reaffirmed, ratified and confirmed in all respects.
Grantor has heretofore executed that certain Amended and Restated Engine and Spare Parts Security Agreement in favor of Agent, dated as of December 10, 2010 (as amended, restated, supplemented, or otherwise modified from time to time, the “Engine and Spare Parts Security Agreement”), recorded with the Federal Aviation Administration on , 20 with Conveyance No. .
The provisions of the Engine and Spare Parts Security Agreement and Aircraft Security Agreements are supplemental to the provisions of this Agreement, and nothing contained in the Engine and Spare Parts Security Agreement or the Aircraft Security Agreements shall limit any of the rights or remedies of Agent hereunder.