Common use of Damage to Aircraft Clause in Contracts

Damage to Aircraft. Seller has no knowledge or notice that any loss or damage relating to the Aircraft, or an event that, with lapse of time or the making of a determination or both, might cause any loss or damage, has occurred, except for immaterial losses or damage that does not interfere with the operational status of the Aircraft.

Appears in 14 contracts

Samples: Purchase Agreement (PLM Equipment Growth & Income Fund Vii), Purchase Agreement (PLM Equipment Growth Fund Vi), Purchase Agreement (PLM Equipment Growth Fund V)

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