Common use of Removal of Engines Clause in Contracts

Removal of Engines. Lessee shall be entitled, so long as no Event of Default shall have occurred and be continuing, to remove or permit the removal of any Engine from the Airframe and to install on the Airframe an engine, provided, that the removed Engine is, during the period of substitution, either being safely housed and sheltered or repaired or maintained in accordance with this Agreement, or is installed on an aircraft pursuant to Section 6.2 hereof (and the provisions of Sections 6.2(a)(2) or 6.2(a)(3), as applicable, concerning preservation of title shall apply to the removed Engine); provided, further, that:

Appears in 5 contracts

Samples: Aircraft Lease Agreement (Air Transport Services Group, Inc.), Aircraft Lease Agreement (Air Transport Services Group, Inc.), Aircraft Lease Agreement (Air Transport Services Group, Inc.)

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