Common use of Remedies Available Clause in Contracts

Remedies Available. Upon (i) the occurrence and continuance of any Event of Default, the Collateral Agent may do one or more of the following; provided, however, that during any period that an Aircraft is subject to the Civil Reserve Air Fleet Program in accordance with the provisions of Section 2.01(a)(iv) hereof and in possession of the United States government or an agency or instrumentality of the United States, the Collateral Agent shall not, on account of any Event of Default, be entitled to exercise any of the remedies specified in the following clauses (i), (ii) and (iii) in relation to such Aircraft in such manner as to limit a Grantor’s control (or any Permitted Lessee’s control under any Permitted Lease) under this Mortgage of the relevant Airframe, or any Engines or Spare Engines installed thereon, unless at least sixty (60) days’ (or such lesser period as may then be applicable under the Air Mobility Command program of the United States Air Force) written notice of default hereunder shall have been given by the Collateral Agent by registered or certified mail to Grantors (and any Permitted Lessee) with a copy addressed to the Contracting Office Representative for the Air Mobility [First Lien Aircraft, Spare Engines and Spare Parts Mortgage and Security Agreement] Command of the United States Air Force under any contract with a Grantor (or any Permitted Lessee) relating to such Aircraft:

Remedies Available. Upon (i) the occurrence and continuance of any Event of Default, the Collateral Administrative Agent may do one or more of the following; provided, however, that during any period that an Aircraft is subject to the Civil Reserve Air Fleet CRAF Program in accordance with the provisions of Section 2.01(a)(iv) hereof and in possession of the United States government or an agency or instrumentality of the United States, the Collateral Administrative Agent shall not, on account of any Event of Default, be entitled to exercise any of the remedies specified in the following clauses (i), (ii) and (iii) in relation to such Aircraft in such manner as to limit a Grantor’s 's control (or any Permitted Lessee’s 's control under any Permitted Lease) under this Mortgage of the relevant Airframe, or any Engines or Spare Engines installed thereon, unless at least sixty (60) days’ ' (or such lesser period as may then be applicable under the Air Mobility Command program of the United States Air Force) written notice of default hereunder shall have been given by the Collateral Administrative Agent by registered or certified mail to Grantors (and any Permitted Lessee) with a copy addressed to the Contracting Office Representative for the Air Mobility [First Lien Aircraft, Spare Engines and Spare Parts Mortgage and Security Agreement] Command of the United States Air Force under any contract with a Grantor (or any Permitted Lessee) relating to such Aircraft:

Remedies Available. Upon (i) the occurrence and continuance of any Event of Default, the Collateral Agent may do one or more of the following, in each case subject to the Thirteenth Amendment Order and Sections 7 and 11 of the Credit Agreement and Section 6.10 of this Mortgage; provided, however, that during any period that an Aircraft is subject to the Civil Reserve Air Fleet Program in accordance with the provisions of Section 2.01(a)(iv2.01(b)(v) hereof and in possession of the United States government or an agency or instrumentality of the United States, the Collateral Agent shall not, on account of any Event of Default, be entitled to exercise any of the remedies specified in the following clauses (i), (ii) and (iii) in relation to such Aircraft in such manner as to limit a the Grantor’s 's control (or any Permitted Lessee’s 's control under any Permitted Lease) under this Mortgage of the relevant Airframe, or any Engines or Spare Engines installed thereon, unless at least sixty (60) days’ ' (or such lesser period as may then be applicable under the Air Mobility Command program of the United States Air Force) written notice of default hereunder shall have been given by the Collateral Agent by registered or certified mail to Grantors the Grantor (and any Permitted Lessee) with a copy addressed to the Contracting Office Representative for the Air Mobility [First Lien Aircraft, Spare Engines and Spare Parts Mortgage and Security Agreement] Command of the United States Air Force under any contract with a the Grantor (or any Permitted Lessee) relating to such Aircraft:

Remedies Available. Upon Subject to the provisions of Sections 6.13 and 6.14, upon (i) the occurrence and continuance of any Event of Default, the Collateral Agent may do one or more of the following; provided, however, that during any period that an Aircraft is subject to the Civil Reserve Air Fleet Program in accordance with the provisions of Section 44 [Second Lien Aircraft, Spare Engines and Spare Parts Mortgage and Security Agreement] 2.01(a)(iv) hereof and in possession of the United States government or an agency or instrumentality of the United States, the Collateral Agent shall not, on account of any Event of Default, be entitled to exercise any of the remedies specified in the following clauses (i), (ii) and (iii) in relation to such Aircraft in such manner as to limit a Grantor’s control (or any Permitted Lessee’s control under any Permitted Lease) under this Mortgage of the relevant Airframe, or any Engines or Spare Engines installed thereon, unless at least sixty (60) days’ (or such lesser period as may then be applicable under the Air Mobility Command program of the United States Air Force) written notice of default hereunder shall have been given by the Collateral Agent by registered or certified mail to Grantors (and any Permitted Lessee) with a copy addressed to the Contracting Office Representative for the Air Mobility [First Lien Aircraft, Spare Engines and Spare Parts Mortgage and Security Agreement] Command of the United States Air Force under any contract with a Grantor (or any Permitted Lessee) relating to such Aircraft:

Remedies Available. Upon (i) the occurrence and continuance of any Event of Default, the Collateral Administrative Agent may do one or more of the following; provided, however, that during any period that an Aircraft is subject to the Civil Reserve Air Fleet CRAF Program in accordance with the provisions of Section 2.01(a)(iv) hereof and in possession of the United States government or an agency or instrumentality of the United States, the Collateral Administrative Agent shall not, on account of any Event of Default, be entitled to exercise any of the remedies specified in the following clauses (i), (ii) and (iii) in relation to such Aircraft in such manner as to limit a Grantor’s control (or any Permitted Lessee’s control under any Permitted Lease) under this Mortgage of the relevant Airframe, or any Engines or Spare Engines installed thereon, unless at least sixty (60) days’ (or such lesser period as may then be applicable under the Air Mobility Command program of the United States Air Force) written notice of default hereunder shall have been given by the Collateral Administrative Agent by registered or certified mail to Grantors (and any Permitted Lessee) with a copy addressed to the Contracting Office Representative for the Air Mobility [First Lien Aircraft, Spare Engines and Spare Parts Mortgage and Security Agreement] Command of the United States Air Force under any contract with a Grantor (or any Permitted Lessee) relating to such Aircraft: