Common use of Replacement Engine Clause in Contracts

Replacement Engine. The Company may at any time or from time to time subject to the Lien of this Security Agreement one or more Replacement Engines, in substitution for one or more of the Engines then constituting part of the Aircraft and subject to such Lien, provided that each Replacement Engine so subjected to the Lien of this Security Agreement shall be appropriate for installation on the Airframe.

Appears in 3 contracts

Samples: Security Agreement (America West Airlines Inc), Credit Agreement (America West Holdings Corp), Security Agreement (America West Airlines Inc)

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Replacement Engine. The Company may at any time or from time to time subject to the Lien of this Security Agreement one or more Replacement Engines, in substitution for one or more of the Engines then constituting part of the Aircraft and subject to such Lien, provided that each Replacement Engine so subjected to the Lien of this Security Agreement shall be appropriate for installation on the Airframe. *Subject to negotiation on a case by case basis. * Subject to negotiation on a case by case basis.

Appears in 1 contract

Samples: Term Loan Agreement (America West Holdings Corp)

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