Aircraft Condition (Generally) Sample Clauses

Aircraft Condition (Generally). Upon redelivery pursuant hereto, the Aircraft shall, (i) be fully equipped, with all Parts and both Engines installed on the Airframe (whether such Engines were delivered with the Airframe on the Acceptance Date, or constitute Permitted Replacements substituted in accordance with Section 6.3 of the Lease); (ii) be registered in Lessor’s name at the FAA, and free and clear of all Liens (other than any Lessor’s Liens); (iii) have the same configuration, coloring and (ordinary wear and tear excepted) appearance, and at least the same utility, in each such case, as when delivered to Lessee on the Acceptance Date (or, solely at Lessor’s option, Lessee shall pay to Lessor an amount equal to the actual cost of such restoration); (iv) be in good operating and physical condition, with all systems operating normally, and having (at least) the condition and repair required by, and otherwise in full compliance with Sections 5.3 and 5.4 of the Lease; (v) in accordance with the requirements set forth on Schedule RA-1 attached hereto; and (vi) without limiting the foregoing, (A) have no open airworthiness directives, and any of the same requiring terminating action within six (6) months after the date of return having been strictly complied with by Lxxxxx’s having taken such terminating action, (B) be airworthy and in compliance with all other Applicable Standards, and (C) have a currently effective FAA airworthiness certificate.
Sample 1
AutoNDA by SimpleDocs

Related to Aircraft Condition (Generally)

  • Payment Conditions All payments due hereunder are payable in United States dollars. No transfer, exchange, collection or other charges, including any wire transfer fees, shall be deducted from such payments. For sales of Licensed Products in currencies other than the United States, LICENSEE shall use exchange rates published in The Wall Street Journal on the last business day of the calendar quarter for which such payment is due.

  • General conditions precedent The agreement of the Finance Parties referred to in clause 2 (Agreement of the Finance Parties) shall be further subject to:

  • Prior Conditions Satisfied All conditions set forth in §10 shall continue to be satisfied as of the date upon which any Loan is to be made or any Letter of Credit is to be issued.

  • Environmental Compliance and Conditions Except as set forth on Schedule 3.16:

  • Accuracy of Representations and Compliance with Conditions All ---------------------------------------------------------- representations and warranties of Buyer contained in this Agreement shall be true and accurate when made and, except (a) as a result of the taking of any action contemplated hereby or (b) insofar as any representation or warranty relates to any specified earlier date, shall be true and accurate as of the Closing Date, as though such representations and warranties were then made by Buyer; and Buyer shall have performed and complied with all of its covenants and agreements set forth in this Agreement to be performed or complied with at or before the Closing.

  • GUARANTEE CONDITIONS 5.1 All guaranteed performance data are based on the International Standard Atmosphere (ISA) and specified variations therefrom; altitudes are pressure altitudes.

  • Market Conditions Notwithstanding any provision of this Agreement to the contrary, settlement and payment for Foreign Assets received for the account of the Portfolios and delivery of Foreign Assets maintained for the account of the Portfolios may be effected in accordance with the customary established securities trading or processing practices and procedures in the country or market in which the transaction occurs, including, without limitation, delivering Foreign Assets to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) with the expectation of receiving later payment for such Foreign Assets from such purchaser or dealer. The Custodian shall provide to each Board the information with respect to custody and settlement practices in countries in which the Custodian employs a Foreign Sub-Custodian described on Schedule C hereto at the time or times set forth on such Schedule. The Custodian may revise Schedule C from time to time, provided that no such revision shall result in a Board being provided with substantively less information than had been previously provided hereunder.

  • Conditions Precedent/Effectiveness Conditions This Amendment shall be effective upon (the “Effective Date”) the satisfaction of each of the following conditions (all documents to be in form and substance reasonably satisfactory to Administrative Agent and Administrative Agent’s counsel):

  • Effectiveness; Conditions Precedent The effectiveness of this Amendment and the amendments to the Credit Agreement herein provided are subject to the satisfaction of the following conditions precedent:

  • Post-Closing Requirements Borrowers shall complete each of the post-closing obligations and/or provide to Agent each of the documents, instruments, agreements and information listed on Schedule 7.4 attached hereto on or before the date set forth for each such item thereon, each of which shall be completed or provided in form and substance satisfactory to Agent.

Time is Money Join Law Insider Premium to draft better contracts faster.