Common use of DEDICATION TO CRAF Clause in Contracts

DEDICATION TO CRAF. LESSEE may transfer possession of the Airframe or any Engine to the United States of America or any instrumentality or agency thereof as part of the Civil Reserve Air Fleet Program authorized under 10 U.S.C. ss. 9511 ET SEQ. (or any substantially similar program) ("CRAF PROGRAM") for a period which includes (collectively, the "CRAF PROGRAM REQUISITION PERIOD") the entire period of requisition under the CRAF Program. If the CRAF Program Requisition Period extends beyond the Expiration Date provided by this Lease, then the Lease will be deemed to continue for six (6) months after the end of the CRAF Program Requisition Period at a monthly rental rate equal to the monthly rental rate during the Lease Term. If such extension extends beyond the Lease Term, then LESSEE will provide LESSOR with written notice of the proposed redelivery by the earlier of six (6) months prior to the proposed redelivery date or five (5) Business Days after the date of receipt of the actual notice given to LESSEE by the government prior to the government's redelivery date and LESSEE will return the Aircraft to LESSOR in the condition required by Article 23 on LESSEE's proposed redelivery date set forth in such notice.