Common use of Engine Consent Clause in Contracts

Engine Consent. The Engine Consent dated as of May 1, 1997, executed by the Engine Manufacturer. Engine Manufacturer. General Electric Company, a New York corporation. Engine Warranty Assignment. The Engine Warranty Assignment (Federal Express Corporation Trust No. N581FE), dated as of May 1, 1997 between the Lessor and the Lessee. Equity Percentage. For any Owner Participants, the fractional interest, expressed as a percentage, of such Owner Participant's interest in the Beneficial Interest, calculated by dividing the Commitment of such Owner Participant (or of such Owner Participant's predecessor in interest) paid on the Delivery Date by the aggregate of the Commitments paid by all of the Owner Participants on the Delivery Date. As to AmSouth Leasing Ltd., such Equity Percentage shall be 50% and as to BTM Funding Corporation, such Equity Percentage shall be 50%.