Common use of Substitution of Engines Clause in Contracts

Substitution of Engines. The Owner may at any time, at no cost to the Indenture Trustee, replace any Engine subjected to the Lien hereof by causing an Acceptable Alternate Engine to be substituted for such Engine hereunder in accordance with the provisions of Section 5.01(b) hereof to the same extent as if an Event of Loss has occurred with respect to such Engine.

Appears in 2 contracts

Samples: United Air Lines Inc, United Air Lines Inc

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Substitution of Engines. The Owner may at any time, at no cost ----------------------- to the Indenture Trustee, replace any Engine subjected to the Lien hereof by causing an Acceptable [Trust Indenture and Mortgage ([_________])] Alternate Engine to be substituted for such Engine hereunder in accordance with the provisions of Section 5.01(b) hereof to the same extent as if an Event of Loss has occurred with respect to such Engine.

Appears in 1 contract

Samples: Trust Indenture and Mortgage (United Air Lines Inc)

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Substitution of Engines. The Owner may at any time, at no cost ----------------------- to the Indenture Trustee, replace any Engine subjected to the Lien hereof by causing an Acceptable Alternate Engine to be substituted for such Engine hereunder in accordance with the provisions of Section 5.01(b) hereof to the same extent as if an Event of Loss has occurred with respect to such Engine.

Appears in 1 contract

Samples: Trust Indenture and Mortgage (United Air Lines Inc)

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