Common use of Registration and Maintenance Clause in Contracts

Registration and Maintenance. The Borrower shall: (1) (a) on the Delivery Date, cause the Aircraft to be duly registered in its name (if not so registered) and, at all times thereafter, to remain duly registered in the United States of America in its name under the Federal Aviation Act and (b) on the Delivery Date, cause this Mortgage to be duly recorded in the name of the Administrative Agent for the benefit of the Lenders and, at all times thereafter, so long as any Note shall be outstanding or any amount shall be owing to any Lender, cause this Mortgage to be so maintained of record as a first priority and perfected mortgage on the Aircraft; (2) maintain, service, repair, and overhaul (or cause to be maintained, serviced, repaired, and overhauled) the Aircraft (and any engine which is not an Engine but which is installed on the Aircraft) (a) so as to keep the Aircraft in as good condition as when delivered to the Borrower by the Manufacturer (ordinary wear and tear excepted) and so as to keep the Aircraft in good operating condition and in such condition as may be necessary to enable the airworthiness certification for the Aircraft to be maintained in good standing at all times under the Federal Aviation Act except when (i) the Aircraft is being serviced, repaired, maintained, overhauled, tested or modified as permitted or required by the terms of this Mortgage or (ii) all Airbus A319-100 aircraft of comparable vintage and/or configuration have been grounded by the FAA, and (b) in accordance with the Maintenance Program for the Aircraft and without in any way discriminating against the Aircraft, and (3) maintain or cause to be maintained in English all records, logs and other materials required to be maintained in respect of the Aircraft by the FAA.

Registration and Maintenance. The Borrower shall: (1) (a) on the Delivery DateDate for each Aircraft, cause the such Aircraft to be duly registered in its name (if not so registered) and, at all times thereafter, to remain duly registered in the United States of America in its name under the Federal Aviation Act and (b) on the Delivery DateDate for each Aircraft, cause this Mortgage to be duly recorded in the name of the Administrative Agent for the benefit of the Lenders and, at all times thereafter, so long as any Note shall be outstanding or any amount shall be owing to any Lender, cause this Mortgage to be so maintained of record as a first priority and perfected mortgage on the Aircraft; (2) maintain, service, repair, and overhaul (or cause to be maintained, serviced, repaired, and overhauled) the each Aircraft (and any engine which is not an Engine but which is installed on the an Aircraft) (a) so as to keep the such Aircraft in as good condition as when delivered to the Borrower by the Manufacturer (ordinary wear and tear excepted) and so as to keep the such Aircraft in good operating condition and in such condition as may be necessary to enable the airworthiness certification for the such Aircraft to be maintained in good standing at all times under the Federal Aviation Act except when (i) the such Aircraft is being serviced, repaired, maintained, overhauled, tested or modified as permitted or required by the terms of this Mortgage or (ii) all Airbus A319-100 aircraft of comparable vintage and/or configuration have been grounded by the FAA, and (b) in accordance with the Maintenance Program for the such Aircraft and without in any way discriminating against the such Aircraft, and (3) maintain or cause to be maintained in English all records, logs and other materials required to be maintained in respect of the Aircraft by the FAA.