Common use of AIRCRAFT INSPECTION Clause in Contracts

AIRCRAFT INSPECTION. BUYER shall inspect the Aircraft promptly after receipt of notice that it is ready for delivery, including an acceptance flight if desired. If BUYER finds the Aircraft reasonably acceptable on this inspection or on any re-inspection, BUYER shall promptly pay the Balance Due on Delivery and take title to the Aircraft, as contemplated hereby. If BUYER declines to accept the Aircraft, BUYER shall immediately give SELLER notice of the specific reasons for such refusal in writing. BUYER shall promptly re-inspect the Aircraft after receipt of notice from SELLER that all defects have been corrected. Following this re-inspection, BUYER shall pay the Balance Due on Delivery or give its notice of reasons for refusal as provided above.

Appears in 2 contracts

Samples: Avantair, Inc, Avantair, Inc

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AIRCRAFT INSPECTION. BUYER shall inspect the Aircraft promptly after receipt of notice that it is ready for delivery, including an acceptance flight if desired. If BUYER finds the Aircraft reasonably acceptable on this inspection or on any re-inspection, BUYER shall promptly pay the Balance Due on Delivery and take title to the Aircraft, Aircraft as contemplated hereby. If BUYER declines to accept the Aircraft, BUYER shall immediately give SELLER notice of the specific reasons for such refusal in writing. BUYER shall promptly re-inspect the Aircraft after receipt of notice from SELLER that all defects have been corrected. Following this re-inspection, BUYER shall pay the Balance Due on Delivery or give its notice of reasons for refusal as provided above.

Appears in 2 contracts

Samples: Avantair, Inc, Avantair, Inc

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