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VMW <br />machinery and equipment is installed portions thereof may becor:e .inadequate, <br />obsolete, worn out, unsuitable, undesirable or unnecessary in the operation of <br />the Project as a modern manufacturing plant. The Lessor shall not be under any <br />obligation 'to renew, repair or replace any such inadequate, obsolete, worn out, <br />unsuitable, undesirable or unnecessary items of Lessor's machinery a:,d'equip- <br />ment. In any instance where the Lessee in its sound discretion determines that <br />any items of Lessor's machinery and equipment have become inadequate, obsolete, <br />worn out, unsuitable, undesirable or unnecessary in the operation of the Project <br />as a modern manufacturing plant, <br />(a) The Lessee may remove such items of Lessor's machinery <br />and equipment from the Project, and (on behalf of the Lessor) <br />sell, trade-in, exchange or otherwise dispose of them without <br />any responsibility or accountability to the Lessor or the Trustee <br />therefor, provided that the Lessee substitute (either by direct <br />payment of the cost thereof or by advance to the Lessor of the <br />funds necessary therefor, as hereinafter provided) and install <br />anywhere in the Project other machinery or equipment raving <br />equal or greater utility (but not necessarily the same function) <br />in the operation of the Project as a modern manufacturing plant, <br />and provided further that such removal and substitution shall not <br />impair the operating unity of the Project, and x.11 suc' subs'Jtuted <br />machinery or equipment shall be the sole property of the Lessor, <br />shall be and become a part of Lessor's machinery and equipment <br />subject to this Lease and Agreement and shall be held by the Lessee <br />on the same terms and conditions as items originally comprising Les- <br />sor's machinery and equipment; or <br />