Common use of Return of Other Engines Clause in Contracts

Return of Other Engines. In the event that any engine not owned or leased by Lessor shall be installed on the Return Airframe, such engine shall be an engine suitable to be a Replacement Engine hereunder. Upon return of the Return Aircraft, Lessee shall duly convey to Lessor good title to any such engine, free and clear of all Liens (other than any Lessor's Liens) and, upon such conveyance, Lessee will furnish Lessor with a full warranty xxxx of sale, in form and substance reasonably satisfactory to it, with respect to such engine and take such other action as may be reasonably requested in order that title to such engine may be duly and properly vested in Lessor to the same extent as the Engine replaced thereby. Upon conveyance by Lessee of good title to such engine to Lessor, and upon full compliance by Lessee with its obligations hereunder, at Lessee's expenses, Lessor will transfer to Lessee all rights, title and interest originally conveyed to Lessor in an Engine constituting part of the Aircraft but not installed on the Return Airframe at the time of the return of the Return Airframe "as-is, where-is", free and clear of Lessor's Liens but otherwise without recourse or warranty, express or implied to Lessee. SCHEDULE 4(d)(i) Refer to letter dated December 15, 1995 from Lessee to Lessor. SCHEDULE 4(d)(iv) Refer to letter dated December 15, 1995 from Lessee to Lessor. SCHEDULE 4(d)(v) Refer to letter dated December 15, 1995 from Lessee to Lessor. SCHEDULE 4(d)(vi) Refer to letter dated December 15, 1995 from Lessee to Lessor. SCHEDULE 4(d)(vii) Refer to letter dated December 15, 1995 from Lessee to Lessor. EXHIBIT E Portions of this document have been omitted pursuant to a confidential treatment request filed with the Securities and Exchange Commission. Such portions have been provided separately to the Commission.

Appears in 1 contract

Samples: Aircraft Lease Agreement (Hawaiian Airlines Inc/Hi)

AutoNDA by SimpleDocs

Return of Other Engines. In the event that any engine not owned or leased by Lessor shall be installed on the Return Airframe, such engine shall be an engine suitable to be a Replacement Engine hereunder. Upon return of the Return Aircraft, Lessee shall duly convey to Lessor good title to any such engine, free and clear of all Liens (other than any Lessor's Liens) and, upon such conveyance, Lessee will furnish Lessor with a full warranty xxxx of sale, in form and substance reasonably satisfactory to it, with respect to such engine and take such other action as may be reasonably requested in order that title to such engine may be duly and properly vested in Lessor to the same extent as the Engine replaced thereby. Upon conveyance by Lessee of good title to such engine to Lessor, and upon full compliance by Lessee with its obligations hereunder, at Lessee's expenses, Lessor will transfer to Lessee all rights, title and interest originally conveyed to Lessor in an Engine constituting part of the Aircraft but not installed on the Return Airframe at the time of the return of the Return Airframe "as-is, where-is", free and clear of Lessor's Liens but otherwise without recourse or warranty, express or implied to Lessee. SCHEDULE 4(d)(i) Refer to letter dated December 15, 1995 from Lessee to Lessor. SCHEDULE 4(d)(iv) Refer to letter dated December 15, 1995 from Lessee to Lessor. SCHEDULE 4(d)(v) Refer to letter dated December 15, 1995 from Lessee to Lessor. SCHEDULE 4(d)(vi) Refer to letter dated December 15, 1995 from Lessee to Lessor. SCHEDULE 4(d)(vii) Refer to letter dated December 15, 1995 from Lessee to Lessor. EXHIBIT E Portions of this document have This Exhibit E has been intentionally omitted pursuant for recording purposes, as the parties deem the information contained therein to a be confidential treatment request filed with the Securities and Exchange Commission. Such portions have been provided separately to the Commissionfinancial information.

Appears in 1 contract

Samples: Lease Agreement (Hawaiian Airlines Inc/Hi)

Return of Other Engines. In the event that any engine not owned or leased by Lessor shall be installed on the Return Airframe, such engine shall be an engine suitable to be a Replacement Engine hereunder. Upon return of the Return Aircraft, Lessee shall duly convey to Lessor good title to any such engine, free and clear of all Liens (other than any Lessor's Liens) and, upon such conveyance, Lessee will furnish Lessor with a full warranty xxxx of sale, in form and substance reasonably satisfactory to it, with respect to such engine and take such other action as may be reasonably requested in order that title to such engine may be duly and properly vested in Lessor to the same extent as the Engine replaced thereby. Upon conveyance by Lessee of good title to such engine to Lessor, and upon full compliance by Lessee with its obligations hereunder, at Lessee's expenses, Lessor will transfer to Lessee all rights, title and interest originally conveyed to Lessor in an Engine constituting part of the Aircraft but not installed on the Return Airframe at the time of the return of the Return Airframe "as-is, where-is", free and clear of Lessor's Liens but otherwise without recourse or warranty, express or implied to Lessee. SCHEDULE 4(d)(i) Refer to letter dated December 15, 1995 from Lessee to Lessor. SCHEDULE 4(d)(iv) Refer to letter dated December 15, 1995 from Lessee to Lessor. SCHEDULE 4(d)(v) Refer to letter dated December 15, 1995 from Lessee to Lessor. SCHEDULE 4(d)(vi) Refer to letter dated December 15, 1995 from Lessee to Lessor. SCHEDULE 4(d)(vii) Refer to letter dated December 15, 1995 from Lessee to Lessor. EXHIBIT E Portions of this document have been omitted pursuant to a confidential treatment request filed with the Securities and Exchange Commission. Such portions have been provided separately to the Commission.

Appears in 1 contract

Samples: Lease Agreement (Hawaiian Airlines Inc/Hi)

AutoNDA by SimpleDocs

Return of Other Engines. In the event that any at the time the Aircraft is returned to Lessor pursuant to the terms of this Section 9 and an Engine fails to meet the return conditions for such Engine as set forth herein, Lessee may return installed on the Airframe a Rolls-Royce RB211-22B engine not owned or leased by Lessor shall be installed on but meeting all of the Return Airframe, standards set forth in this Section 9; any such engine shall be an engine suitable to be a Replacement Engine hereunder. Upon return of the Return AircraftEngine, and Lessee shall duly convey to Lessor good title to any shall, at its own expense and concurrently with such enginereturn, free and clear of all Liens (other than any Lessor's Liens) and, upon such conveyance, Lessee will furnish Lessor with a full warranty xxxx of sale, in form and substance reasonably satisfactory to itLessor, with respect to each such engine Replacement Engine and shall take such other action actions conveying title to the Replacement Engine to Lessor free and clear of all liens other than Lessor's Liens and such additional documents, including an opinion of counsel acceptable to Lessor, as Lessor may be reasonably requested request in order that title to such engine may Replacement Engine shall be duly and properly vested in Lessor to Lessor. Any Replacement Engine shall, at the same extent time it replaces an Engine, have a fair market value at least as great as the Engine replaced therebyit replaces and no such Replacement Engine shall, prior to its installation on the Airframe and the. Upon conveyance by Lessee return of good title to such engine the Aircraft to Lessor, have had any disk, module or other Part removed and upon full compliance by Lessee replaced with its obligations hereundera disk, at Lessee's expenses, module or other part of lesser value than that it replaced. Upon passage of title to Lessor will such Replacement Engine shall be deemed to be an Engine for all purposes hereunder and thereupon Lessor shall transfer to Lessee Lessee, without recourse or warranty except a warranty of title excluding Lessor's Liens, all rightsof Lessor's right, title and interest originally conveyed in and to Lessor in an any Engine constituting part of the Aircraft but not installed on the Return Airframe at the time of the return of the Return Airframe "as-is, where-is", free and clear of Lessor's Liens but otherwise without recourse or warranty, express or implied to Lessee. SCHEDULE 4(d)(i) Refer to letter dated December 15, 1995 from Lessee thereof to Lessor. SCHEDULE 4(d)(iv) Refer to letter dated December 15, 1995 from Lessee to Lessor. SCHEDULE 4(d)(v) Refer to letter dated December 15, 1995 from Lessee to Lessor. SCHEDULE 4(d)(vi) Refer to letter dated December 15, 1995 from Lessee to Lessor. SCHEDULE 4(d)(vii) Refer to letter dated December 15, 1995 from Lessee to Lessor. EXHIBIT E Portions of this document have been omitted pursuant to a confidential treatment request filed with the Securities and Exchange Commission. Such portions have been provided separately to the Commission.

Appears in 1 contract

Samples: Lease Agreement (Airfund International Limited Partnership)

Time is Money Join Law Insider Premium to draft better contracts faster.