Common use of Commitment to CRAF Clause in Contracts

Commitment to CRAF. So long as no Default or Event of Default shall have occurred and be continuing, Lessee may use the Aircraft in connection with contract solicitations by the Air Mobility Command of the United States Government (“AMC”) and may transfer possession of the Aircraft to the United States Government or any instrumentality or agency thereof pursuant to the Civil Reserve Air Fleet Program authorized under 10 U.S.C. § 9511 et seq., or any substantially similar or substitute program (hereafter, the “CRAF Program”), for a period not extending beyond the last day of the Lease Term, provided that: (i) the rights of the AMC or the recipient under the CRAF Program shall be subject and subordinate to all the terms of this Lease, including the right of Lessor to terminate this Lease and immediately repossess the Aircraft following an Event of Default, (ii) Lessee shall remain primarily liable for the performance of all the terms of this Lease to the same extent as if such use or transfer had not occurred, and (iii) Lessee shall promptly notify Lessor upon subjecting the Airframe or any Engine to the CRAF Program in any contract year and provide Lessor with the name and address of the Contracting Office Representative for the AMC to whom notice must be given in connection with the enforcement of remedies under this Lease pursuant to Article 24 hereof. Lessee agrees to promptly notify Lessor in writing of the transfer of possession of the Airframe and any Engine to the CRAF Program and of any activation of the Airframe and any Engine under the CRAF Program.

Appears in 1 contract

Sources: Aircraft Lease Agreement (Hawaiian Holdings Inc)

Commitment to CRAF. So long as no Lease Default or Lease Event of Default shall have occurred and be continuing, Lessee may use the Aircraft in connection with contract solicitations by the Air Mobility Command of the United States Government (“AMC”) and may transfer possession of the Aircraft to the United States Government or any instrumentality or agency thereof pursuant to the Civil Reserve Air Fleet Program authorized under 10 U.S.C. § 9511 et seq., or any substantially similar or substitute program (hereafter, the “CRAF Program”), for a period not extending beyond the last day of the Lease Term, provided that: (i) the rights of the AMC or the recipient under the CRAF Program shall be subject and subordinate to all the terms of this LeaseAgreement, including the right of Lessor to terminate this Lease Agreement and immediately repossess the Aircraft following an a Lease Event of Default, (ii) Lessee shall remain primarily liable for the performance of all the terms of this Lease Agreement to the same extent as if such use or transfer had not occurred, and (iii) Lessee shall promptly notify Lessor and Owner Participant upon subjecting the Airframe or any Engine to the CRAF Program in any contract year and provide Lessor and Owner Participant with the name and address of the Contracting Office Representative for the AMC to whom notice must shall be given in connection [**] — Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission. with the enforcement of remedies under this Lease Agreement pursuant to Article 24 hereofSection 10. Lessee agrees to promptly notify Lessor and Owner Participant in writing of the transfer of possession of the Airframe and any Engine to the CRAF Program and of any activation of the Airframe and any Engine under the CRAF Program.

Appears in 1 contract

Sources: Purchase Agreement (Hawaiian Holdings Inc)

Commitment to CRAF. So long as no Lease Default or Lease Event of Default shall have occurred and be continuing, Lessee may use the Aircraft in connection with contract solicitations by the Air Mobility Command of the United States Government ("AMC") and may transfer possession of the Aircraft to the United States Government or any instrumentality or agency thereof pursuant to the Civil Reserve Air Fleet Program authorized under 10 U.S.C. § 9511 et seq., or any substantially similar or substitute program (hereafter, the "CRAF Program"), for a period not extending beyond the last day of the Lease Term, provided that: (i) the rights of the AMC or the recipient under the CRAF Program shall be subject and subordinate to all the terms of this LeaseAgreement, including the right of Lessor to terminate this Lease Agreement and immediately repossess the Aircraft following an a Lease Event of Default, (ii) Lessee shall remain primarily liable for the performance of all the terms of this Lease Agreement to the same extent as if such use or transfer had not occurred, and (iii) Lessee shall promptly notify Lessor and Owner Participant upon subjecting the Airframe or any Engine to the CRAF Program in any contract year and provide Lessor and Owner Participant with the name and address of the Contracting Office Representative for the AMC to whom notice must shall be given in connection with the enforcement of remedies under this Lease Agreement pursuant to Article 24 hereofSection 10. Lessee agrees to promptly notify Lessor and Owner Participant in writing of the transfer of possession of the Airframe and any Engine to the CRAF Program and of any activation of the Airframe and any Engine under the CRAF Program.

Appears in 1 contract

Sources: Purchase Agreement (Hawaiian Holdings Inc)