Constitution of Maintenance Payments Sample Clauses

Constitution of Maintenance Payments. The Maintenance Payments with respect to the items set forth in Clause 5.1 shall be constituted as follows: (i) an amount equal to USD$ 125 per Airframe Flight Hour, payable monthly for the purpose of meeting Eligible Claims in respect of the maintenance processes referred to in Clause 5.1(i) (Airframe "C-Check"); (ii) an amount equal to USD$ 15,000 per month payable for the purpose of meeting Eligible Claims in respect of the maintenance processes referred to in Clause 5.1(ii) (Airframe "D-Check"); (iii) an amount equal to USD$ 130 per Airframe Flight Hour payable monthly for the purpose of meeting Eligible Claims in respect of the maintenance processes referred to in Clause 5.1(iii) (Airframe "Mid D-Check"); (iv) an amount equal to USD$ 210 per Flight Hour for each Engine payable monthly for the purpose of meeting Eligible Claims for such Engine in respect of the maintenance processes referred to in Clause 5.1(iv) (Engine overhaul); (v) an amount equal to USD$ 55 per Airframe Flight Hour payable for the purposes of meeting Eligible Claims in respect of the maintenance processes referred to in Clause 5.1 (v) (APU restoration); (vi) an amount equal to USD$ 6,250 per month payable for the purpose of meeting Eligible Claims in respect of the maintenance processes referred to in Clause 5.1(vi) (landing gear); (vii) for so long as the AVIALL Engine Maintenance and Pooling Contract is in effect with Lessee, an amount equal to USD$ 50 per Flight Hour for each Engine (in addition to the payment required under clause (iv)) payable monthly for the purpose of meeting Eligible Claims in respect of the maintenance processes effected under and pursuant to such contract; and (viii) for so long as the Revima APU Maintenance and Pooling Contract is in effect between Lessee and Revima, no payments required under clause (v) shall be payable by Lessee in respect of the APU. During the Lease Term, the Maintenance Payments specified in subdivisions (ii) and (vi) of this Clause 5.2 shall be paid monthly in advance with respect to each Rent Payment Period on the Rent Payment Date on which such Rent Payment Period commences. The Maintenance Payments specified in subdivisions (i), (iii), (iv), (v) and (vii) of this Clause 5.2 shall be paid monthly in arrears on the date on which the monthly report described in Clause 13.2 is due; provided, however, that the number of Flight Hours upon which each such payment is calculated shall not in any case be less than 150 unless the Aircraft ...