Examples of Replaced Aircraft in a sentence
The addition of one or more Replacement Aircraft to the Designated Pool intended to replace one or more Replaced Aircraft may occur at any time prior to or concurrently with the removal of the applicable Replaced Aircraft.
The Security Trustee shall promptly execute and deliver to the Issuer, at the Issuer’s expense, all documents that the Issuer shall reasonably request to evidence its release of the security interests in, and Liens on, the applicable Replaced Aircraft (and any other Aircraft Assets directly related to such Replaced Aircraft).
Upon satisfaction of the conditions set forth in the preceding sentence with respect to any Replaced Aircraft, the Security Trustee’s security interest in, and Lien on, such Replaced Aircraft (and any other Aircraft Assets directly related to such Replaced Aircraft) shall be automatically released and such Replaced Aircraft shall be removed from the Designated Pool.
The Security Trustee shall promptly execute and deliver to the Issuer and the relevant Grantor, at the Issuer's expense, all documents, and take such actions, at the Issuer's expense, that the Issuer or the relevant Grantor shall reasonably request to evidence the Security Trustee's release of the security interests (including International Interests) in, and Liens on, the applicable Replaced Aircraft (and any other Aircraft Collateral directly related to such Replaced Aircraft).
Upon satisfaction of the conditions set forth in the preceding sentence with respect to any Replaced Aircraft, the Security Trustee's security interest (including International Interest) in, and Lien on, such Replaced Aircraft (and any other Aircraft Collateral directly related to such Replaced Aircraft) shall be automatically released and such Replaced Aircraft shall be removed from the Designated Pool.
Lessor agrees that any Substitute Aircraft shall be in the same seat configuration and in the same or better interior condition as the Replaced Aircraft, and in the event that Lessee is not required to purchase Maintenance Services from Lessor pursuant to the terms of Exhibit E hereto, any Substitute Aircraft shall be in at least substantially the same condition, and with at least the same number of Flight Hours remaning to the next scheduled "C Check", as the Replaced Aircraft.
By: /s/ Xxxxx Xxxxxxx Name: Xxxxx Xxxxxxx Title: Chairman Appendix 1 Third Additional Aircraft Aircraft No Model Delivery Date In Service Date DL-40 145 [ * ] [ * ] DL-41 145 [ * ] [ * ] DL-42 145 [ * ] [ * ] DL-43 145 [ * ] [ * ] DL-44 145 [ * ] [ * ] DL-45 145 [ * ] [ * ] DL-46 145 [ * ] [ * ] DL-47 145 Sept-05 the month after delivery date * Confidential Replaced Aircraft Out of Service Date Substitute Aircraft & In Service Date N290SK [ * ] Replace with new ERJ 145 in [ * ].
The Security Trustee shall promptly execute and deliver to the Issuer and the relevant Grantor, at the Issuer’s expense, all documents, and take such actions, at the Issuer’s expense, that the Issuer or the relevant Grantor shall reasonably request to evidence the Security Trustee’s release of the security interests (including International Interests) in, and Liens on, the applicable Replaced Aircraft (and any other Aircraft Collateral directly related to such Replaced Aircraft).
Upon satisfaction of the conditions set forth in the preceding sentence with respect to any Replaced Aircraft, the Security Trustee’s security interest (including International Interest) in, and Lien on, such Replaced Aircraft (and any other Aircraft Collateral directly related to such Replaced Aircraft) shall be automatically released and such Replaced Aircraft shall be removed from the Designated Pool.