Aircraft Marking. Lessee agrees, at its sole cost and expense, to (i) cause the Airframe, any Propellers and the Engines to be kept numbered with the identification or serial number therefor as specified in Schedule 1; (ii) prominently display on the Aircraft that “N” number, and only that “N” number specified in Schedule 1, or such other “N” number as has been approved in writing by the Lessor and duly recorded with the FAA; (iii) (A) notify Lessor in writing not less than thirty (30) days prior to making any change in the configuration, appearance or coloring of the Aircraft (other than changes mandated by the FAA or that are reasonably consistent with the configuration, appearance and coloring on the Acceptance Date), and (B) at Lessor’s request, either (x) restore the Aircraft to the configuration, appearance and coloring as of the Acceptance Date (other than changes that were mandated by the FAA) or (y) pay Lessor an amount equal to the reasonable cost of such restoration; and (iv) affix and maintain in the Airframe adjacent to the airworthiness certificate and on each Engine a metal nameplate bearing the Aircraft Marking specified in Lease Supplement 2 and such other markings as from time to time may be required by law or otherwise deemed necessary or advisable by Lessor in order to protect Lessor’s title to the Aircraft and Lessor’s rights hereunder. Lessee will not operate the Aircraft until such Aircraft Markings have been placed thereon. Lessee will promptly replace or repair, as applicable, any such Aircraft Marking that may be removed, defaced or destroyed.
Appears in 2 contracts
Samples: Aircraft Lease Agreement (Ahern Rentals Inc), Aircraft Lease Agreement (Ahern Rentals Inc)
Aircraft Marking. Lessee agrees, at its sole own cost and expense, to (i) cause the Airframe, any Propellers Airframe and the Engines to be kept numbered with the identification or serial number therefor as specified in Schedule 1No. 1 to Lease Supplement No. 1 hereof; (ii) prominently display on the Aircraft that “"N” " number, and only that “"N” number " number, specified in Schedule 1, No. 1 to Lease Supplement No. 1 or such other “"N” " number as has been approved in writing by the Lessor and duly recorded with the FAA; (iii) (A) notify Lessor in writing not less than thirty (30) days prior to making any change in the configurationconfiguration (other than changes in configuration mandated by the FAA), appearance or coloring of the Aircraft (other than changes mandated from that in effect at the time the Aircraft is accepted by Lessee hereunder, and in the FAA event of such change or that are reasonably consistent with the modification of configuration, appearance and coloring on or appearance, at the Acceptance Date), and (B) at Lessor’s request, either (x) request of Lessor to restore the Aircraft to the configuration, coloring and/or appearance and coloring as of in effect on the Acceptance Date (other than changes that were mandated by the FAA) or (y) or, at Lessor's option to pay to Lessor an amount equal to the reasonable cost of such restoration; restoration and (iv) affix and maintain in the Airframe adjacent to the airworthiness certificate and on each Engine a metal nameplate bearing the Aircraft Marking specified in Lease Supplement No. 2 and such other markings as from time to time may be required by law or otherwise deemed necessary or advisable by Lessor in order to protect Lessor’s the title of Lessor to the Aircraft and Lessor’s the rights hereunderof Lessor under this Lease. Lessee will not operate place the Aircraft in operation or exercise any control or dominion over the same until such Aircraft Markings have been placed thereon. Lessee will replace promptly replace or repair, as applicable, any such Aircraft Marking that which may be removed, defaced or destroyed.
Appears in 2 contracts
Samples: Aircraft Lease (Kitty Hawk Inc), Aircraft Lease (Kitty Hawk Inc)