Airworthiness Directives. All FAA Airworthiness Directives and amendments or changes to the Federal Aviation Regulations applicable to the Airframe, Engines (or Acceptable Alternate Engines) or Parts, as well as all mandatory service bulletins applicable to any of the foregoing, shall have been accomplished by terminating action in compliance with the issuing agency's or the manufacturer's specific instructions, as the case may be,taking into account, any waiver, deferral or deviation from such directives, regulations or bulletins.
Airworthiness Directives. 1. The authority citation for part 39 continues to read as follows:
2. The FAA amends § 39.13 by adding the following new airworthiness directive (AD):
(a) Comments Due Date
Airworthiness Directives. Lessee shall include within the Aircraft Documents all documentation necessary to establish the source data, method of compliance, verification of accomplishment, quality assurance, and all schedules of recurring action of any Airworthiness Directive.
Airworthiness Directives. 1. The authority citation for part 39 continues to read as follows:
2. Section 39.13 is amended by adding the following new airworthiness directive:
Note 1: This AD applies to each airplane identified in the preceding applicability
Airworthiness Directives. The Company agrees to carry out or cause to be carried out at its expense on the Aircraft, in accordance with the terms thereof, any airworthiness directive or any other mandatory F.A.R. or other regulation, directive or instruction (each, an "Airworthiness Directive") which the FAA may from time to time issue. All Airworthiness Directives shall be timely accomplished in accordance with the Approved Maintenance Program and the terms and conditions of such Airworthiness Directives (including by means of alternate compliance under the Airworthiness Directive and the Approved Maintenance Program).
Airworthiness Directives. (a) During the Term hereof Lessee agrees at its sole cost and expense to comply with any airworthiness directive, the Federal Aviation Regulations and Special Federal Aviation Regulations, manufacturers' mandatory service bulletins or any other mandatory regulation, directive or instruction ("Airworthiness Directive") which the FAA may from time to time issue and which becomes due during the Term in order to meet the requirements of Applicable Law related to the public transport of passengers and/or cargo by aircraft; provided, however. that nothing in this Lease shall be deemed to require Lessee or Lessor to bring the Aircraft into compliance with the Stage 3 noise standards set forth in Part 36 of the Federal Aviation Regulations (14 C.F.R. Part 36). All Airworthiness Directives shall be accomplished in accordance with all applicable bulletins and manuals published by the manufacturer of the Airframe or Engines or Parts.
(b) Lessor shall hold title to any Parts included in a new system installed on the Aircraft pursuant to an Airworthiness Directive which is required by such Airworthiness Directive to be installed during the Term.
(c) If Lessee would not normally perform an Airworthiness Directive, or such other modification desired by Lessor, the terms of which permit performance after the end of the Term, and Lessor requests Lessee, in writing, to perform such Airworthiness Directive or modification, Lessee shall perform such Airworthiness Directive or modification; provided, however, that Lessee's obligations to perform such Airworthiness Directive or modification pursuant to this Section 8.6(c) shall be subject to availability of the necessary material, labor and facilities and shall not unreasonably interfere with, or delay, Lessee's operation and are of the Aircraft. In the event Lessee is unable to perform an Airworthiness Directive or modification requested by Lessor under this Section 8.6(c) because of the lack of availability of materials, labor or facilities or such performance will unreasonably interfere with or delay Lessee's operation and use (including redelivery) of the Aircraft, Lessee will cooperate with, and assist Lessor in the accomplishment of such work by a FAA Repair Station. The costs of such performance shall be borne solely by Lessor and shall be equal to the sum of material costs and the associated Direct Labor Rate cost or labor costs, as the case may be.
Airworthiness Directives. Airworthiness Directives ("ADs") ------------------------- shall be cleared for a period terminating three months after the redelivery date by Varig to PLM, except that ADs issued on a date after this agreement that has a termination or due date that falls into the three months after the redelivery date will be for the account of lessor.
Airworthiness Directives. Service Bulletins. If the FAA, the Manufacturer or the Engine Manufacturer, or the manufacturer of any Parts, publishes an airworthiness directive or mandatory service bulletin after the Effective Date of this Lease, which has a useful life beyond the Term, requiring completion or termination during the Term (a "Post-Effective Mandatory Modification"), LESSEE shall as required in Section 7(D)(i) above take all such action as is necessary to comply with such Post-Effective Mandatory Modification prior to the return of the Aircraft by LESSEE to LESSOR. To the extent the cost of completing or terminating any such Post-Effective Mandatory Modification exceeds $50,000.00, LESSOR shall pay to LESSEE a portion of such excess equal to the following: (LESSEE's Cost - $50,000) x A/240 Where: A = 240 minus the number of months (rounded upward or downward, as the case may be, to the nearest month) from the date the relevant Post-Effective Mandatory Modification was completed or terminated by LESSEE to the Expiration Date. Any amounts payable by LESSOR to LESSEE pursuant to this Section 7(E) shall not be payable to the LESSEE until the later of (i) the Expiration Date, or (ii) the date on which the LESSEE has complied with all the terms of this Lease.
Airworthiness Directives. All Airworthiness Directives affecting the aircraft equipment and safety of operation will be instituted as soon as notification is received. Service Bulletins issued by the aircraft manufacturer shall be reviewed immediately for implementation, if necessary, for continued safe operations of any kind.
Airworthiness Directives. Except as expressly provided below, Lessee agrees to comply with all Airworthiness Directives which become due during the Term. All Airworthiness Directives shall be accomplished in strict compliance with all issuing agency's specific instructions. Lessee shall comply with all Airworthiness Directives at its sole cost and expense up to a maximum of US$15,000 per any one Airworthiness Directive and up to a maximum of US$100,000 in the aggregate for any twelve-month period during the Term. If the Lessee's cost of complying with any Airworthiness Directive that must be accomplished during the Term exceeds the foregoing maximums, then Lessee may, by written notice to Lessor, elect not to pay any portion of the cost of complying with such Airworthiness Directive costing in excess of the foregoing maximums, in which event Lessor shall have the right to comply with the Airworthiness Directive at its own expense, or by written notice to the Lessee within 15 days following receipt of such notice from Lessee, may advise Lessee that Lessor shall not perform such Airworthiness Directive (the "Excepted AD"), in which case the Lease shall terminate, effective upon the earlier of the end of the Term or the final compliance date for the Excepted AD, whereupon the Lessee shall return the Aircraft to the Lessor in accordance with the provisions of Section 6 hereof, excepting only the Excepted AD and the C Check required by Section 6.5.1.
