Common use of ENGINE EXCHANGE Clause in Contracts

ENGINE EXCHANGE. Upon not less than five Business Days' prior written notice to Lessor (with a copy to Owner Participant), Lessee may replace any Engine leased hereunder with another engine (the "EXCHANGED Engine") meeting the requirements of ss.

Appears in 2 contracts

Sources: Financing Agreement (Amtran Inc), Lease Agreement (Amtran Inc)

ENGINE EXCHANGE. Upon not less than five Business Days' prior written notice to Lessor (with a copy to Owner Participant), Lessee may replace any Engine leased hereunder with another engine (the "EXCHANGED EngineENGINE") meeting the requirements of ss.

Appears in 2 contracts

Sources: Financing Agreement (Amtran Inc), Lease Agreement (Amtran Inc)