Common use of Nameplate Clause in Contracts

Nameplate. Lessee shall attach to and keep upon the Airframe and each Engine such labels, plates or markings furnished by Lessor as are deemed by Lessor necessary or advisable to evidence Lessor's ownership thereof; and in any event Lessee will cause to be affixed to and maintained on the Aircraft in a location adjacent to and not less prominent than that of the Airworthiness Certificate, and on each Engine a nameplate furnished by Lessor bearing the following legend: "LEASED FROM ▇▇▇▇▇▇▇ LEASING, INC., AS FAA REGISTERED OWNER AND LESSOR" such nameplate also to state, to the extent applicable, the type, manufacturer's serial number and current registration number of the Airframe. Lessor and Lessee agree that the nameplate shall be changed by Lessor to reflect any transfer of the interests of Lessor in accordance with the Operative Documents. Except as above provided, Lessee will not allow the name of any Person to be placed on the Aircraft with any description that might be interpreted as a claim of ownership or of security interest therein; PROVIDED, HOWEVER, that nothing herein contained shall prohibit Lessee from placing its customary colors and insignia and name on the Aircraft, or from substituting engines, propellers or parts on the Aircraft in accordance with this Lease.

Appears in 2 contracts

Sources: Aircraft Lease Agreement (Republic Airways Holdings Inc), Aircraft Lease Agreement (Republic Airways Holdings Inc)