Common use of Requisition for Use Clause in Contracts

Requisition for Use. In the event of a requisition for use by any Governmental Authority or a CRAF activation of an Airframe, Engine (whether or not installed on an Airframe), or engine installed on such Airframe while such Airframe is subject to the Lien of this Mortgage, the Borrower shall promptly notify the Administrative Agent of such requisition or activation and all of the Borrower’s obligations under this Mortgage shall continue to the same extent as if such requisition or activation had not occurred except to the extent that the performance or observance of any obligation by the Borrower shall have been prevented or delayed by such requisition or activation; provided that the Borrower’s obligations under Section 3.06 (except while an assumption of liability by the U.S. Government of the scope referred to in Section 3.06(c) is in effect) shall not be reduced or delayed by such requisition or activation. Any payments received by the Administrative Agent or the Borrower or Permitted Lessee from such Governmental Authority with respect to such requisition of use or activation shall be paid over to, or retained by, the Borrower.

Requisition for Use. In the event of a requisition for use by any Governmental Authority or a CRAF activation of an Airframe, Engine (whether or not installed on an Airframe), or engine installed on such Airframe while such Airframe is subject to the Lien of this Mortgage, the Borrower Grantor shall promptly notify the Administrative Agent of such requisition or activation and all of the BorrowerGrantor’s obligations under this Mortgage shall continue to the same extent as if such requisition or activation had not occurred except to the extent that the performance or observance of any obligation by the Borrower Grantor shall have been prevented or delayed by such requisition or activation; provided that the BorrowerGrantor’s obligations under Section 3.06 (except while an assumption of liability by the U.S. Government of the scope referred to in Section 3.06(c) is in effect) shall not be reduced or delayed by such requisition or activation. Any payments received by the Administrative Agent or the Borrower Grantor or Permitted Lessee from such Governmental Authority with respect to such requisition of use or activation shall be paid over to, or retained by, the BorrowerGrantor.