Common use of Mutilated, Destroyed, Lost or Stolen Equipment Notes Clause in Contracts

Mutilated, Destroyed, Lost or Stolen Equipment Notes. If any Equipment Note shall become mutilated, destroyed, lost or stolen, the Owner shall, upon the written request of the holder of such Equipment Note, execute and the Mortgagee shall authenticate and deliver in replacement thereof a new Equipment Note, payable in the same Original Amount dated the same date and captioned as issued in connection with the Aircraft. If the Equipment Note being replaced has become mutilated, such Equipment Note shall be surrendered to the Mortgagee and a photocopy thereof shall be furnished to the Owner. If the Equipment Note being replaced has been destroyed, lost or stolen, the holder of such Equipment Note shall furnish to the Owner and the Mortgagee such security or indemnity as may be required by them to save and hold the Owner and the Mortgagee harmless and evidence satisfactory to the Owner and the Mortgagee of the destruction, loss or theft of such Equipment Note and of the ownership thereof. If a

Appears in 1 contract

Samples: Trust Indenture and Mortgage (Jetblue Airways Corp)

AutoNDA by SimpleDocs

Mutilated, Destroyed, Lost or Stolen Equipment Notes. If any Equipment Note shall become mutilated, destroyed, lost or stolen, the Owner shall, upon the written request of the holder of such Equipment Note, execute and the Mortgagee shall authenticate and deliver in replacement thereof a new Equipment Note, payable in the same Original Amount dated the same date and captioned as issued in connection with the Aircraft. If the Equipment Note being replaced has become mutilated, such Equipment Note shall be surrendered to the Mortgagee and a photocopy thereof shall be furnished to the Owner. If the Equipment Note being replaced has been destroyed, lost or stolen, the holder of such Equipment Note shall furnish to the Owner and the Mortgagee such security or indemnity as may be required by them to save and hold the Owner and the Mortgagee harmless and evidence satisfactory to the Owner and the Mortgagee of the destruction, loss or theft of such Equipment Note and of the ownership thereof. If aa “qualified institutional buyer” of the type referred to in paragraph TRUST INDENTURE 2020-1

Appears in 1 contract

Samples: Note Purchase Agreement (Hawaiian Holdings Inc)

Mutilated, Destroyed, Lost or Stolen Equipment Notes. If any Equipment Note shall become mutilated, destroyed, lost or stolen, the Owner shall, upon the written request of the holder of such Equipment Note, execute and the Mortgagee shall authenticate and deliver in replacement thereof a new Equipment Note, payable in the same Original Amount dated the same date and captioned as issued in connection with the Aircraft. If the Equipment Note being replaced has become mutilated, such Equipment Note shall be surrendered to the Mortgagee and a photocopy thereof shall be furnished to the Owner. If the Equipment Note being replaced has been destroyed, lost or stolen, the holder of such Equipment Note shall furnish to the Owner and the Mortgagee such security or indemnity as may be required by them to save and hold the Owner and the Mortgagee harmless and evidence satisfactory to the Owner and the Mortgagee of the destruction, loss or theft of such Equipment Note and of the ownership thereof. If aa “qualified institutional buyer” of the type referred to in paragraph

Appears in 1 contract

Samples: Note Purchase Agreement (United Airlines, Inc.)

AutoNDA by SimpleDocs

Mutilated, Destroyed, Lost or Stolen Equipment Notes. If any Equipment Note shall become mutilated, destroyed, lost or stolen, the Owner Trustee shall, upon the written request of the holder Noteholder of such Equipment Note, execute issue and execute, and the Mortgagee Indenture Trustee shall authenticate and deliver deliver, in replacement thereof thereof, as applicable, a new Equipment NoteNote of the same Series and having the same maturity, payable to the same Noteholder in the same Original Amount principal amount and dated the same date and captioned as issued in connection with the AircraftEquipment Note so mutilated, destroyed, lost or stolen. If the Equipment Note being replaced has become mutilated, such Equipment Note shall be surrendered to the Mortgagee and a photocopy thereof shall be furnished to the OwnerIndenture Trustee. If the Equipment Note being replaced has been destroyed, lost or stolen, the holder Noteholder of such Equipment Note shall furnish to the Owner Trustee and the Mortgagee Indenture Trustee such security or indemnity as may be required by them it to save and hold the Owner Trustee and the Mortgagee Indenture Trustee harmless and evidence satisfactory to the Owner Trustee and the Mortgagee Indenture Trustee of the destruction, loss or theft of such Equipment Note and of the ownership thereof. If a.

Appears in 1 contract

Samples: Trust Indenture and Security Agreement (United Air Lines Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!