Authorization in Respect of Return of an Engine Sample Clauses

The 'Authorization in Respect of Return of an Engine' clause defines the procedures and permissions required for returning an engine, typically in the context of a lease or maintenance agreement. It outlines who is authorized to approve or facilitate the return, the necessary documentation, and any conditions that must be met before the engine is accepted back by the owner or lessor. This clause ensures that the return process is orderly and compliant with contractual obligations, thereby minimizing disputes and clarifying responsibilities for both parties.
Authorization in Respect of Return of an Engine. The ----------------------------------------------- Owner Trustee agrees for the benefit of the Owner Participant that, upon the receipt of an authorization and direction from the Owner Participant, it will, in the event of an engine being transferred to the Owner Trustee pursuant to Section 12(b) of the Lease, subject to due compliance with the terms of such Section 12(b): (a) accept from Lessee or other vendor the ▇▇▇▇ of sale contemplated by such Section 12(b) with respect to such engine being transferred to the Owner Trustee; (b) transfer its right, title and interest in (without recourse or warranty except a warranty against Lessor's Liens) and to an Engine to or at the direction of Lessee as contemplated by such Section 12(b); and (c) request in writing that the Indenture Trustee executes and delivers to Lessee appropriate instruments to release the Engine being transferred to Lessee pursuant to such Section 12(b) from the Lien of the Indenture and to release Engine Warranty Assignment (solely with respect to such Engine) from the assignment and pledge under the Indenture.
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Authorization in Respect of Return of an Engine. The Owner Trustee agrees for the benefit of the Owner Participant that, upon the receipt by a Responsible Officer of the Owner Trustee of an authorization and direction from the Owner Participant, it will, in the event of an engine being transferred to the Owner Trustee pursuant to Section 12(b) of the Lease, subject to due compliance with the terms of such Section 12(b): (a) accept from Lessee or other vendor the bill of sale contemplated by such Section 12(b) with respect to ▇▇▇h engine being transferred to the Owner Trustee; and (b) transfer its right, title and interest in (without recourse or warranty except a warranty against Lessor's Liens) and to an Engine to or at the direction of Lessee as contemplated by such Section 12(b). ARTICLE IV RECEIPT, DISTRIBUTION AND APPLICATION OF INCOME FROM THE TRUST ESTATE
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Authorization in Respect of Return of an Engine. The Owner Trustee agrees for the benefit of the Beneficiary that, upon the receipt by a Responsible Officer of the Owner Trustee of an authorization and direction from the Beneficiary, it will, in the event of an engine being transferred to the Owner Trustee pursuant to Section 18.03 of the Lease, subject to due compliance with the terms of such Section 18.03: (a) accept from Lessee or other vendor the bill of sale contemplated by such Section 18.03 with respect to such ▇▇▇ine being transferred to the Owner Trustee; and (b) transfer its right, title and interest in (without recourse or warranty except a warranty against Lessor's Liens) and to an Engine to or at the direction of Lessee as contemplated by such Section 18.03.
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Related to Authorization in Respect of Return of an Engine

  • Timing of Return or Disposition Data shall be returned or disposed of by the following date: As soon as commercially practicable By the following agreed upon date:

  • Extent of Return or Disposition Return or Disposition is partial. The categories of data to be disposed of are set forth below or are found in an attachment to this Directive: Return or Disposition is Complete. Disposition extends to all categories of data.

  • Ownership, Use and Return of Offering Materials The Offering Materials shall continue to be the property of the Owner and JLL. The Offering Materials will be used by the Potential Investor solely for the purpose of evaluating the possible acquisition of the Property and not for any purpose unrelated to the possible acquisition of the Property. The Offering Materials may not be copied or duplicated without the Owner's and JLL’s prior written consent, and must be returned to JLL (or with JLL’s permission, destroyed by Potential Investor and any Related Party, and in such instance Potential Investor shall certify in writing to JLL and Owner that such information has been so destroyed) immediately upon request or when the Potential Investor declines to make an offer for the Property or terminates any discussions or negotiations with respect to the Property.

  • Voluntariness and Consequences of Consent Denial or Withdrawal The Participant’s participation in the Plan and the Participant’s grant of consent is purely voluntary. The Participant may deny or withdraw his or her consent at any time. If the Participant does not consent, or if the Participant withdraws his or her consent, the Participant cannot participate in the Plan. This would not affect the Participant’s salary as an employee or his or her career; the Participant would merely forfeit the opportunities associated with the Plan.

  • Liability of Holder for Taxes If any tax or other governmental charge shall become payable by or on behalf of the Custodian or the Depositary with respect to this Receipt or any Deposited Securities represented by the American Depositary Shares evidenced by this Receipt, such tax or other governmental charge shall be payable by the Holder hereof, who shall pay the amount thereof to the Depositary. The Depositary may refuse to effect any registration of transfer of this Receipt or any split-up or combination hereof or any withdrawal of such Deposited Securities until such payment is made, and may withhold or deduct from any distributions on such Deposited Securities, or may sell for the account of the Holder hereof any part or all of such Deposited Securities (after attempting by reasonable means to notify the Holder hereof prior to such sale), and may apply such cash or the proceeds of any such sale in payment of such tax or other governmental charge, the Holder hereof remaining liable for any deficiency.