Airframe Reserves. Engine Performance Restoration Reserves
Airframe Reserves. The Airframe Reserves payable by LESSEE hereunder will be retained by LESSOR as LESSEE's contribution toward payment of the cost of performance of the "C7"inspection and the 22,400 flight hour structural inspection of the Aircraft pursuant to the MPD. LESSEE and LESSOR acknowledge and agree that such "C7" and 22,400 flight hour structural inspection tasks will not be due to be performed until after return of the Aircraft by LESSEE. As a result, the parties agree that the Airframe Reserves are not reimburseable to LESSEE hereunder and that LESSOR will retain all Airframe Reserves paid by LESSEE; provided, however, in the event of the Total Loss of the Aircraft, fifty percent (50%) of the Airframe Reserves held by LESSOR will be retained by LESSOR and the remaining portion of such Reserves will be paid to LESSEE in accordance with Article 19.9.
Airframe Reserves. 5.4.1 CRAF 23.15.1 CRAF Program Requisition Period 23.15.1 Default Interest 5.6 Delivery Location 3.1 Engine LLP Reserves 5.4.1 Engine Performance Restoration Reserves 5.4.1 Expenses 17.1 Expiration Date 4.3 Extension Lease Term 4.2.1 Indemnitees 17.1 Initial Lease Term 4.1 Landing Gear Reserves 5.4.1 Lease Term 4.3 LESSEE Customization Costs 5.3.1 LESSOR's Assignee 24.2.1 LESSOR's Bank 5.5 LESSOR's Lender 24.3 Manufacturer's Escalation Rate 5.3.1 Modification 12.8.1 Net Total Loss Proceeds 19.1 Outside Delivery Date 3.6 Passenger Service Equipment 12.8.1 Rent 5.
Airframe Reserves. LESSOR will reimburse LESSEE from the Airframe Reserves for the actual cost of the structural inspection portion of the full and completed scheduled 4C/5Y and 8C/9Y (or then current equivalent check) as described in the MPD and the rectification of any structural deficiencies resulting from such inspection, with work performed for all other causes excluded, including those causes set forth in Article 13.
Airframe Reserves. LESSOR will reimburse LESSEE from the Airframe Reserves for the actual cost of performing all task as described in the MPD (including systems, zonal, CPCP, SID, structural and lubrication) performed during the Airframe heavy checks (performed at **Material Redacted** and **Material Redacted** years) any non routine tasks and the rectification of and deficiencies resulting from such inspection (including materials), with work performed for all other causes excluded, including those causes set forth in Article 13.
Airframe Reserves. LESSOR will reimburse LESSEE from the Airframe Reserves for the actual cost of the structural inspection portion of scheduled zonal and structural tasks performed and completed pursuant to the MPD which have performance intervals of a minimum of any of the following: years, hours or cycles and the rectification of any structural deficiencies resulting from such inspection, with work performed for all other causes excluded, including those causes set forth in Article 13.7. LESSOR will reimburse LESSEE from the Airframe Reserves for the actual cost of the structural inspection portion of completed scheduled ““checks as described in the MPD and the rectification of any structural deficiencies resulting from such inspection, with work performed for all other causes excluded, including those causes set forth in Article 13.7. Subject to Article 16.1 and excluding exchange, material markup and outside vendor fees, and handling, packaging and shipping charges, reimbursement will be made up to the amount in the Airframe Reserves on the commencement date of the task or inspection for which reimbursement is requested.
Airframe Reserves. Subject to the terms of Article 13.5, LESSOR will reimburse LESSEE (or, at LESSEE’s option, pay on behalf of LESSEE) from the Airframe Reserves for the actual cost of any full and completed scheduled “4C/5Y” and “8C/10Y” check (or then-current equivalent check) as described in the MPD or the Maintenance Program, as applicable (each such check, an “Eligible Structural Check”) and the rectification of any deficiencies resulting from such inspection, with work performed for all other causes excluded, including those causes set forth in Article 13.6. Subject to Article 16.1, reimbursement (including exchange fees and handling, packaging and shipping charges) will be made up to the amount in the Airframe Reserves on the commencement date of the structural check.
Airframe Reserves. Subject to the terms of Article 13.5, LESSOR will reimburse LESSEE (or, at LESSEE's option, pay on behalf of LESSEE) from the Airframe Reserves for the actual cost of any full and completed scheduled "4C/5Y" and "8C/10Y" check (or then-current equivalent check) as described in the MPD or the Maintenance Program, as applicable (each such check, an "Eligible Structural Check") and the rectification of any deficiencies resulting from such inspection, with work performed for all other causes excluded, including those causes set forth in Article 13.
Airframe Reserves. LESSOR will reimburse LESSEE from the Airframe Reserves for the actual cost of the structural inspection portion of completed scheduled "S4C" checks (or equivalent based on a phased "C" check program) as described in the MPD and the rectification of any structural deficiencies resulting from such inspection, with work performed for all other causes excluded, including those causes set forth in Article 12.5. Subject to Article 15.1 and excluding exchange fees and handling, packaging and shipping charges, reimbursement will be made up to the amount in the Airframe Reserves on the commencement date of the structural check.
Airframe Reserves. LESSOR will reimburse LESSEE from the Airframe Reserves for the actual cost of performing all task as described in the MPD (including systems, zonal, CPCP, SID, structural and lubrication) performed during the Airframe heavy checks (performed at **Material Redacted** and **Material Redacted** years) any non routine tasks and the rectification of and deficiencies resulting from such inspection (including materials), with work performed for all other causes excluded, including those causes set forth in Article 13.5. Subject to Article 16.1 and excluding exchange fees and handling, packaging and shipping charges, reimbursement will be made up to the amount in the Airframe Reserves on the commencement date of the structural check.
