Common use of Replacement Asset Clause in Contracts

Replacement Asset. In the event that WEST and each other Managed Group Member shall acquire any Replacement Assets and notwithstanding that WEST and each other Managed Group Member may retain different Service Providers for such Replacement Assets, the Administrative Agent hereby agrees to provide the Administrative Services specified herein with respect to all such Replacement Assets.

Appears in 4 contracts

Samples: Administrative Agency Agreement (Willis Lease Finance Corp), Administrative Agency Agreement (Willis Lease Finance Corp), Administrative Agency Agreement (Willis Lease Finance Corp)

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Replacement Asset. In the event that WEST and each other Managed Group Member shall acquire any Replacement Assets and notwithstanding that WEST and each other Managed Group Member may retain different Service Providers for such Replacement 15 Assets, the Administrative Agent hereby agrees to provide the Administrative Services specified herein with respect to all such Replacement Assets.. SECTION 2.08

Appears in 1 contract

Samples: Administrative Agency Agreement (Willis Lease Finance Corp)

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