Common use of DEFERRED DISCREPANCY CORRECTION Clause in Contracts

DEFERRED DISCREPANCY CORRECTION. Any discrepancies found during the ground inspection, operational ground check and operational check flight set forth in Sections 10.05, 10.06 and 10.07 above, which were not corrected by Lessee prior to return of Aircraft to Lessor, may be corrected by Lessor or its designee after return of the Aircraft and Lessee shall reimburse Lessor for all reasonable direct costs and expenses paid by Lessor or its designee for accomplishing such discrepancy corrections. Lessee shall pay Lessor or its designee for all such costs and expenses incurred within 10 days of the date of receipt of an invoice therefor.

DEFERRED DISCREPANCY CORRECTION. Any discrepancies found during the ground inspection, operational ground check check, demonstration flight and operational check ferry flight set forth provided for in Sections 10.05SECTIONS 10(F), 10.06 10(G), 10(H) and 10.07 above10(i), which respectively, that were not corrected by Lessee prior to return of the Aircraft to Lessor, Lessor may be corrected by Lessor or its designee after return of the Aircraft and Lessee shall reimburse Lessor for all reasonable direct costs and the expenses paid incurred by Lessor or its designee for accomplishing such discrepancy corrections. Lessee shall pay Lessor or its designee for all such costs and expenses incurred within 10 thirty (30) days of the date of receipt of an Lessor's invoice therefor.