Common use of Certain Matters Regarding Passenger Convenience Equipment Clause in Contracts

Certain Matters Regarding Passenger Convenience Equipment. Owner may install on the Airframe, subject to the requirements of Section 7.03(c) above, Passenger Convenience Equipment that is (i) owned by another Person and leased to Owner, (ii) sold to Owner by another Person subject to a conditional sale contract or other retained security interest, (iii) leased to Owner pursuant to a lease which is subject to a security interest in favor of another Person or (iv) installed on the Aircraft subject to a license granted to Owner by another Person, and in any such case the Indenture Trustee will not acquire or claim, as against any such other Person, any right, title or interest in any such Passenger Convenience Equipment solely as a result of its installation on the Airframe. Owner agrees that if any such Person repossesses such Passenger Convenience Equipment, Owner will (or cause such Person to) restore the Aircraft to the condition it would have been in had the installation of such Passenger Convenience Equipment not occurred.

Appears in 5 contracts

Samples: Indenture and Security Agreement (Us Airways Inc), Indenture and Security Agreement (Us Airways Inc), Indenture and Security Agreement (Us Airways Inc)

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Certain Matters Regarding Passenger Convenience Equipment. Owner Lessee may install on the Airframe, subject to the requirements of Section 7.03(c8(c) above, Passenger Convenience Equipment that is (i) owned by another Person and leased to OwnerLessee, (ii) sold to Owner Lessee by another Person subject to a conditional sale contract or other retained security interest, (iii) leased to Owner Lessee pursuant to a lease which is subject to a security interest in favor of another Person or (iv) installed on the Aircraft subject to a license granted to Owner Lessee by another Person, and in any such case the Lessor and the Indenture Trustee will not acquire or claim, as against any such other Person, any right, title or interest in any such Passenger Convenience Equipment solely as a result of its installation on the Airframe. Owner Lessee agrees that if any such Person repossesses such Passenger Convenience Equipment, Owner Lessee will (or will cause such Person to) restore the Aircraft to the condition it would have been in had the installation of such Passenger Convenience Equipment not occurred.

Appears in 5 contracts

Samples: Lease Agreement (Us Airways Inc), Lease Agreement (Us Airways Inc), Lease Agreement (Us Airways Inc)

Certain Matters Regarding Passenger Convenience Equipment. Owner Lessee may install on the Airframe, subject to the requirements of Section 7.03(c8(c) above, Passenger Convenience Equipment that is (i) owned by another Person and leased to Owner------------------- 4 For A319 Aircraft only. Lessee, (ii) sold to Owner Lessee by another Person subject to a conditional sale contract or other retained security interest, (iii) leased to Owner Lessee pursuant to a lease which is subject to a security interest in favor of another Person or (iv) installed on the Aircraft subject to a license granted to Owner Lessee by another Person, and in any such case the Lessor and the Indenture Trustee will not acquire or claim, as against any such other Person, any right, title or interest in any such Passenger Convenience Equipment solely as a result of its installation on the Airframe. Owner Lessee agrees that if any such Person repossesses such Passenger Convenience Equipment, Owner Lessee will (or will cause such Person to) restore the Aircraft to the condition it would have been in had the installation of such Passenger Convenience Equipment not occurred.

Appears in 1 contract

Samples: Lease Agreement (Us Airways Inc)

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Certain Matters Regarding Passenger Convenience Equipment. Owner Lessee may install on the Airframe, subject to the requirements of Section 7.03(c8(c) above, Passenger Convenience Equipment that is (i) owned by another Person and leased to OwnerLessee, (ii) sold to Owner Lessee by another Person subject to a conditional sale contract or other retained security interest, (iii) leased to Owner Lessee pursuant to a lease which is subject to a security interest in favor of another Person or (iv) installed on the Aircraft subject to a license granted to Owner Lessee by another Person, and in any such case the Lessor and the Indenture Trustee will not acquire or claim, as against any such other Person, any right, title or interest in any such Passenger Convenience Equipment solely as a result of its installation on the Airframe. Owner Airframe Lessee agrees that if any such Person repossesses such Passenger Convenience Equipment, Owner Lessee will (or will cause such Person to) restore the Aircraft to the condition it would have been in had the installation of such Passenger Convenience Equipment not occurred.

Appears in 1 contract

Samples: Lease Agreement (Us Airways Inc)

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