Accepted Industry Standard Practices Normal Wear and Tear. The Buyer’s rights under this Clause 12.1 are subject to the Aircraft and each component, equipment, accessory and part thereof being maintained, overhauled, repaired and operated in accordance with accepted industry standard practices, all Technical Data and any other instructions issued by the Seller, the Suppliers and the Propulsion Systems Manufacturer and all applicable rules, regulations and directives of the relevant Aviation Authorities. The Seller’s liability under this Clause 12.1 shall not extend to normal wear and tear nor to: (i) any Aircraft or component, equipment, accessory or part thereof, which has been repaired, altered or modified after Delivery, except by the Seller or in a manner approved by the Seller; (ii) any Aircraft or component, equipment, accessory or part thereof, which has been operated in a damaged state; (iii) any component, equipment, accessory and part from which the trademark, name, part or serial number or other identification marks have been removed.
Appears in 5 contracts
Samples: Purchase Agreement (China Southern Airlines Co LTD), Purchase Agreement (China Eastern Airlines Corp LTD), Purchase Agreement (Latam Airlines Group S.A.)
Accepted Industry Standard Practices Normal Wear and Tear. The Buyer’s rights under this Clause 12.1 are subject to the Aircraft and each component, equipment, accessory and part thereof being maintained, overhauled, repaired and operated in accordance with accepted industry standard practices, all Technical Data and any other instructions issued by the Seller, the Suppliers and the Propulsion Systems System Manufacturer and all applicable rules, regulations and directives of the relevant Aviation Authorities. The Seller’s liability under this Clause 12.1 shall will not extend to normal wear and tear nor to:
(i) any Aircraft or component, equipment, accessory or part thereof, which has been repaired, altered or modified after Delivery, except by the Seller or in a manner approved by the Seller;
(ii) any Aircraft or component, equipment, accessory or part thereof, which has been operated in a damaged state;; or
(iii) any component, equipment, accessory and part from which the trademark, name, part or serial number or other identification marks have been removed.
Appears in 3 contracts
Samples: Purchase Agreement (Frontier Group Holdings, Inc.), Purchase Agreement (Frontier Group Holdings, Inc.), Purchase Agreement (Frontier Group Holdings, Inc.)
Accepted Industry Standard Practices Normal Wear and Tear. The Buyer’s rights under this Clause 12.1 are subject to the Aircraft and each component, equipment, accessory and part thereof being maintained, overhauled, repaired and operated in accordance with accepted industry standard practices, all Technical Data and any other instructions issued by the Seller, the Suppliers and the applicable Propulsion Systems System Manufacturer and all applicable rules, regulations and directives of the relevant Aviation Authorities. The Seller’s liability under this Clause 12.1 shall will not extend to normal wear and tear nor or to:
(i) any Aircraft or component, equipment, accessory or part thereof, which thereof that has been repaired, altered or modified after Delivery, except by the Seller or in a manner approved by the Seller;
(ii) any Aircraft or component, equipment, accessory or part thereof, which thereof that has been operated in a damaged state;; or
(iii) any component, equipment, accessory and part from which the trademark, name, part or serial number or other identification marks have been removed.
Appears in 2 contracts
Samples: Purchase Agreement (Hawaiian Holdings Inc), Purchase Agreement (Hawaiian Holdings Inc)
Accepted Industry Standard Practices Normal Wear and Tear. The Buyer’s 's rights under this Clause 12.1 are subject to the Aircraft and each component, equipment, accessory and part thereof being maintained, overhauled, repaired repaired, and operated in accordance with accepted industry standard practices, all Technical Data technical documentation and any other instructions issued by the Seller, Seller and the Suppliers and the Propulsion Systems Manufacturer and all applicable rules, regulations and directives of the relevant Aviation Authorities. .
12.1.10.1 The Seller’s 's liability under this Clause 12.1 shall not extend to normal wear and tear nor to:
(i) any Aircraft or component, equipment, accessory or part thereof, thereof which has been repaired, altered or modified after Delivery, Delivery except by the Seller or in a manner approved by the SellerSeller ;
(ii) any Aircraft or component, equipment, accessory or part thereof, thereof which has been operated in a damaged statestate ;
(iii) any component, equipment, accessory and part from which the trademark, name, part or serial number or other identification marks have been removed.removed ;
Appears in 2 contracts
Samples: A319/A320 Purchase Agreement (China Southern Airlines Co LTD), A319/A320 Purchase Agreement (China Southern Airlines Co LTD)
Accepted Industry Standard Practices Normal Wear and Tear. The Buyer’s rights under this Clause 12.1 are subject to the Aircraft and each component, equipment, accessory and part thereof being maintained, overhauled, repaired and operated in accordance with accepted industry standard practices, all Technical Data and any other instructions issued by the Seller, the Suppliers and the Propulsion Systems System Manufacturer and all applicable rules, regulations and directives of the relevant Aviation Authorities. The Seller’s liability under this Clause 12.1 shall will not extend to normal wear and tear nor to:
(i) any Aircraft or component, equipment, accessory or part thereof, which has been repaired, altered or modified after Delivery, except by the Seller or in a manner approved by the Seller;; ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission.
(ii) any Aircraft or component, equipment, accessory or part thereof, which has been operated in a damaged state;; or
(iii) any component, equipment, accessory and part from which the trademark, name, part or serial number or other identification marks have been removed.
Appears in 2 contracts
Samples: Purchase Agreement (Frontier Group Holdings, Inc.), Purchase Agreement (Frontier Group Holdings, Inc.)
Accepted Industry Standard Practices Normal Wear and Tear. The Buyer’s 's rights under this Clause 12.1 are subject to the Aircraft and each component, equipment, accessory and part thereof being maintained, overhauled, repaired repaired, and operated in accordance with accepted industry standard practices, all Technical Data technical documentation and any other instructions issued by the Seller, Seller and the Suppliers and the Propulsion Systems Manufacturer and all applicable rules, regulations and directives of the relevant Aviation Authorities. .
12.1.10.1 The Seller’s 's liability under this Clause 12.1 shall not extend to normal wear and tear nor to:
(i) any Aircraft or component, equipment, accessory or part thereof, thereof which has been repaired, altered or modified after Delivery, Delivery except by the Seller or in a manner approved by the Seller;
(ii) any Aircraft or component, equipment, accessory or part thereof, thereof which has been operated in a damaged state;
(iii) any component, equipment, accessory and part from which the trademark, name, part or serial number or other identification marks have been removed.;
Appears in 2 contracts
Samples: Purchase Agreement (China Eastern Airlines Corp LTD), Purchase Agreement (China Eastern Airlines Corp LTD)
Accepted Industry Standard Practices Normal Wear and Tear. The Buyer’s rights under this Clause 12.1 are subject to the Aircraft and each component, equipment, accessory and part thereof being maintained, overhauled, repaired and operated in accordance with accepted industry standard practicespractices and [*], all Technical Data and any other instructions issued by the Seller, the Suppliers and the Propulsion Systems Manufacturer and all applicable rules, regulations and directives of the relevant Aviation Authorities. The Seller’s liability under this Clause 12.1 shall will not extend to normal wear and tear nor to:
(i) any Aircraft or component, equipment, accessory or part thereof, which has been repaired, altered or modified after Delivery, except by the Seller or in a manner approved by the Seller;
(ii) any Aircraft or component, equipment, accessory or part thereof, which has been operated in a damaged state, [*];
(iii) any component, equipment, accessory and part from which the trademark, name, part or serial number or other identification marks have been removed.
Appears in 1 contract
Samples: Purchase Agreement (Air Lease Corp)
Accepted Industry Standard Practices Normal Wear and Tear. The Buyer’s rights under this Clause 12.1 are subject to the Aircraft and each component, equipment, accessory and part thereof being maintained, overhauled, repaired and operated in accordance with accepted industry standard practices, all Technical Data and any other instructions issued by the Seller, the Suppliers and the Propulsion Systems Manufacturer and all applicable rules, regulations and directives of the relevant Aviation Authorities. The Seller’s liability under this Clause 12.1 shall not extend to normal wear and tear nor to:
(i) any Aircraft or component, equipment, accessory or part thereof, which has been repaired, altered or modified after Delivery, except by the Seller or in a manner approved by the Seller;
(ii) any Aircraft or component, equipment, accessory or part thereof, which has been operated in a damaged state;; and
(iii) any component, equipment, accessory and part from which the trademark, name, part or serial number or other identification marks have been removed.
Appears in 1 contract
Samples: Assignment and Assumption Agreement (Frontier Group Holdings, Inc.)
Accepted Industry Standard Practices Normal Wear and Tear. The Buyer’s rights under this Clause 12.1 are subject to the Aircraft and each component, equipment, accessory and part thereof being maintained, overhauled, repaired and operated in accordance with accepted aeronautics industry standard practices, all Technical Data and any other instructions issued by the Seller, the Suppliers and the Propulsion Systems Manufacturer and all applicable rules, regulations and directives of the relevant Aviation Authorities. The Seller’s liability under this Clause 12.1 shall not extend to normal wear and tear nor to:
(i) any Aircraft or component, equipment, accessory or part thereof, which has been repaired, altered or modified after Delivery, except by the Seller or in a manner approved by the Seller;
(ii) any Aircraft or component, equipment, accessory or part thereof, which has been operated in a damaged state;
(iii) any component, equipment, accessory and part from which the trademark, name, part or serial number or other identification marks have been removed.
Appears in 1 contract
Samples: Purchase Agreement (Azul Sa)
Accepted Industry Standard Practices Normal Wear and Tear. The Buyer’s 's rights under this Clause 12.1 are subject to the Aircraft and each component, equipment, accessory and part thereof being maintained, overhauled, repaired repaired, and operated in accordance with accepted industry standard practices, all Technical Data and any other instructions issued by the Seller, the Suppliers and the Propulsion Systems Manufacturer and all applicable rules, regulations and directives of the relevant Aviation Authorities. *** This information is subject to confidential treatment and has been omitted and filed separately with the Commission. CT0803291 Private & Confidential The Seller’s 's liability under this Clause 12.1 shall not extend to normal wear and tear nor to:
(i) any Aircraft or component, equipment, accessory or part thereof, thereof which has been repaired, altered or modified after Delivery, Delivery except by the Seller or in a manner approved by the SellerSeller ;
(ii) any Aircraft or component, equipment, accessory or part thereof, thereof which has been operated in a damaged statestate ;
(iii) any component, equipment, accessory and part from which the trademark, name, part or serial number or other identification marks have been removed.;
Appears in 1 contract
Samples: Aircraft General Terms Agreement (China Southern Airlines Co LTD)
Accepted Industry Standard Practices Normal Wear and Tear. The Buyer’s rights under this Clause 12.1 are subject to the Aircraft and each component, equipment, accessory and part thereof being maintained, overhauled, repaired and operated in accordance with accepted industry standard practices, all Technical Data and any other instructions issued by the Seller, the Suppliers and the Propulsion Systems Manufacturer and all applicable rules, regulations and directives of the relevant Aviation Authorities. The Seller’s liability under this Clause 12.1 shall not extend to normal wear and tear nor to:
(i) any Aircraft or component, equipment, accessory or part thereof, which has been repaired, altered or modified after Delivery, except by the Seller or in a manner approved by the Seller;; Execution Version Avolon – A330neo Purchase Agreement, ref CLC-CT1404183
(ii) any Aircraft or component, equipment, accessory or part thereof, which has been operated in a damaged state;
(iii) any component, equipment, accessory and part from which the trademark, name, part or serial number or other identification marks have been removed.
Appears in 1 contract