Airframe Maintenance Reserves Sample Clauses
Airframe Maintenance Reserves. Sublessor will reimburse Sublessee from the actual Airframe Maintenance Reserves, if paid by Sublessee, provided that no Default has occurred and is continuing, for the actual cost of the structural inspection portion of completed scheduled "D" Checks and the rectification of any structural deficiencies resulting from such inspection whenever such inspections and rectification work is performed (provided that such inspection and rectification extends the available life of the Aircraft). Work performed for all other causes is excluded from such reimbursement, including the charges set forth in Clause 9.4.5 below.
Airframe Maintenance Reserves. Lessor will reimburse Lessee from the actual Airframe Maintenance Reserves, if paid by Lessee, provided that no Default has occurred and is continuing, for the actual cost of the structural inspection portion of completed scheduled "D" Checks and the rectification of any structural deficiencies resulting from such inspection whenever such inspections and rectification work is performed (provided that such inspection and rectification extends the available life of the Aircraft). Work performed for all other causes is excluded from such reimbursement, including the charges set forth in Clause 9.4.5 below.