Loss Destruction or Requisition Sample Clauses

Loss Destruction or Requisition. (a) Event of Loss with Respect to the Airframe. Upon the occurrence of an Event of Loss with respect to the Airframe or the Airframe and the Engines then installed thereon, the Company shall as promptly as practicable (and, in any event, within 15 days after such occurrence) give the Loan Trustee written notice of such Event of Loss, and, within 90 days after such Event of Loss, the Company shall give the Loan Trustee written notice of its election to perform one of the following options (it being agreed that if the Company shall not have given such notice of election within such 90-day period, the Company shall be deemed to have elected to perform the option set forth in the following clause (ii)). The Company may elect either to:
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Loss Destruction or Requisition. (a) Event of Loss with Respect to the Airframe. Upon the occurrence of an Event of Loss with respect to the Airframe, the Owner shall promptly (and in any event within 15 days after such occurrence) give the Mortgagee written notice of such Event of Loss. The Owner shall, within 60 days after such occurrence, give the Mortgagee written notice of Owner's election to either replace the Airframe as provided under Section 4.05(a)(i) or to make payment in respect of such Event of Loss as provided under Section 4.05(a)(ii) (it being agreed that if Owner shall not have given the Mortgagee such notice of such election within the above specified time period, the Owner shall be deemed to have elected to make payment in respect of such Event of Loss as provided under Section 4.05(a)(ii)):
Loss Destruction or Requisition. (a) Event of Loss with Respect to the Airframe. ------------------------------------------ Upon the occurrence of an Event of Loss with respect to the Airframe, the Lessee shall forthwith (and in any event within 30 days after such occurrence) give the Lessor and the Indenture Trustee notice of such Event of Loss. The Lessee shall, within 60 days after such occurrence, give the Lessor and the Indenture Trustee notice of its election to perform one of the following options (it being agreed that if the Lessee shall not have given the Lessor such notice of such election, the Lessee shall be deemed to have elected to perform the option identified in the following clause (ii)):
Loss Destruction or Requisition. (a) Event of Loss with Respect to the Airframe. Upon the occurrence of an Event of Loss with respect to the Airframe, the Company shall forthwith (and in any event within 30 days after such occurrence) give the Indenture Trustee notice of such Event of Loss. The Company shall, within 60 days after such occurrence, give the Indenture Trustee notice of its election to perform one of the following options (it being agreed that if the Company shall not have given the Indenture Trustee such notice of such election, the Company shall be deemed to have elected to perform the option identified in the following clause (ii)):
Loss Destruction or Requisition. (a) Event of Loss. Upon the occurrence of an Event of Loss with respect to an Engine, the Grantor shall promptly upon obtaining knowledge of such Event of Loss (and in any event within 3 Business Days after such occurrence) give the Security Trustee written notice of such Event of Loss. The Grantor shall comply with the applicable requirements of Section 2.12 of the Credit Agreement with respect to any proceeds relating to such Event of Loss. Upon (i) the receipt by the Administrative Agent of all proceeds with respect to an Event of Loss or (ii) the replacement of any Engine subject to such Event of Loss and, in either case, compliance with Section 2.12 of the Credit Agreement with respect thereto, any Engine suffering such Event of Loss shall be released from the Lien of this Mortgage.
Loss Destruction or Requisition. (a) Event of Loss with Respect to the Airframe. ------------------------------------------ Upon the occurrence of an Event of Loss with respect to the Airframe, the Lessee shall forthwith (and in any event within 5 Business Days after such occurrence) give the Lessor notice of such Event of Loss. The Lessee shall, within 60 days after such occurrence, give the Lessor written notice of its election to perform one of the following options (it being agreed that if the Lessee shall not have given the Lessor such notice of such election, the Lessee shall be deemed to have elected to perform the option identified in the following clause (ii)):
Loss Destruction or Requisition. Section 7.06 Insurance....................................................
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Loss Destruction or Requisition. (a) Event of Loss With Respect to the Airframe. Upon the occurrence of an Event of Loss with respect to the Airframe, the Owner shall promptly (and in any event within 15 days after such occurrence) give the Mortgagee written notice of such Event of Loss. The Owner shall, within 45 days after such occurrence, give the Mortgagee written notice of Owner's election to either replace the Airframe as provided under Section 4.05(a)(i) or to make payment in respect of such Event of Loss as
Loss Destruction or Requisition. TRUST INDENTURE 16-1 BACK
Loss Destruction or Requisition. (a) Event of Loss with Respect to the Airframe. Upon the occurrence of an Event of Loss with respect to the Airframe or the Airframe and the Engines then installed thereon, the Company shall as promptly as practicable (and, in any event, within 15 days after such occurrence) give the Loan Trustee written notice of such Event of Loss, and, within 90 days after such Event of Loss, the Company shall give the Loan Trustee written notice of its election to perform one of the following options (it being agreed that if the Company shall not have given Indenture and Security Agreement (American Airlines 2011-2 Aircraft EETC) [Reg. No.] 64 such notice of election within such 90-day period, the Company shall be deemed to have elected to perform the option set forth in the following clause (ii)). The Company may elect either to:
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