Examples of Engine Documents in a sentence
In addition, each of the Secured Parties shall have a right after the occurrence and during the continuance of an Event of Default to inspect the Engines and the Engine Documents in accordance with Section 3.03, and the Grantor shall bear the reasonable costs thereof, notwithstanding Section 3.03(c).
The Grantor shall maintain, or cause to be maintained, the Engine Documents in the English language.
WEST shall deliver to the Servicer on the Initial Closing Date a true, correct and complete copy of all material Engine Documents as of such Initial Closing Date in the possession of WEST or any Subsidiary.
In addition, the Collateral Agent and each of the Secured Parties shall have a right after the occurrence and during the continuance of an Event of Default to inspect each Aircraft, Engine and Spare Engine and the Aircraft Documents and Spare Engine Documents in accordance with Section 3.03, and the Company shall bear the reasonable costs thereof, as set forth in Section 3.03(d).
The Parties recognize that the failure by LAN to deliver the Engine Documents may have a material, adverse effect on the value of any Engine with respect to which foreclosure has been initiated by CFM and the ability of CFM to sell or lease the Engine.