Authorization in Respect of Return of an Engine. The ----------------------------------------------- Owner Trustee agrees for the benefit of the Owner Participant that, upon the receipt by a Responsible Officer of the Owner Trustee of an authorization and direction from the Owner Participant, it will, in the event of an engine being transferred to the Owner Trustee pursuant to Section 12(b) of the Lease, subject to due compliance with the terms of such Section 12(b):
Appears in 3 contracts
Samples: Trust Agreement (Midway Airlines Corp), Trust Agreement (Midway Airlines Corp), Trust Agreement (Midway Airlines Corp)
Authorization in Respect of Return of an Engine. The ----------------------------------------------- Owner Trustee agrees for the benefit of the Owner Participant that, upon the receipt by a Responsible Officer of the Owner Trustee of an authorization and direction from the Owner Participant, it will, in the event of an engine being transferred to the Owner Trustee pursuant to Section 12(b) of the Lease, subject to due compliance with the terms of such Section 12(b):
Appears in 3 contracts
Samples: Trust Agreement (Midway Airlines Corp), Trust Agreement (Republic Airways Holdings Inc), Trust Agreement (Republic Airways Holdings Inc)
Authorization in Respect of Return of an Engine. The ----------------------------------------------- Owner Trustee agrees for the benefit of the Owner Participant that, upon the receipt by a Responsible Officer of the Owner Trustee of an authorization and direction from the Owner Participant, it will, in the event of an engine being transferred to the Owner Trustee pursuant to Section 12(b) of the Lease, subject to due compliance with the terms of such Section 12(b):
Appears in 1 contract
Authorization in Respect of Return of an Engine. The ----------------------------------------------- Owner Trustee agrees for the benefit of the Owner Participant Beneficiary that, upon the receipt by a Responsible Officer of the Owner Trustee of an authorization and direction from the Owner ParticipantBeneficiary, it will, in the event of an engine being transferred to the Owner Trustee pursuant to Section 12(b) 18.03 of the Lease, subject to due compliance with the terms of such Section 12(b):18.03:
Appears in 1 contract
Authorization in Respect of Return of an Engine. The ----------------------------------------------- Owner Trustee agrees for the benefit of the Owner Participant that, upon the receipt by a Responsible Officer of the Owner Trustee of an authorization and direction from the Owner Participant, it will, in the event of an engine being transferred to the Owner Trustee pursuant to Section 12(b) of the Lease, subject to due compliance with the terms of such Section 12(b):
Appears in 1 contract
