Common use of Additional Appraisals Clause in Contracts

Additional Appraisals. Without duplication of any appraisals required to be conducted by the Appraiser or any Appraisal Reports required to be delivered to the Lenders, in each case pursuant to Section 5.01(m), cause the Appraiser to conduct an appraisal of the then current Aircraft Value of the Aircraft and to deliver an Appraisal Report in respect thereof to the Lenders by no later than 45 days prior to each 3-month anniversary of the Effective Date occurring on and after the Amendment No. 3

Appears in 2 contracts

Sources: Credit Agreement (Amr Corp), Credit Agreement (American Airlines Inc)