Deregistration and Export Sample Clauses
The 'Deregistration and Export' clause outlines the procedures and responsibilities related to removing an asset, typically a vehicle or equipment, from official registration and preparing it for export out of the country. This clause usually specifies which party is responsible for handling the deregistration process, obtaining necessary export documentation, and ensuring compliance with relevant laws and regulations. By clearly assigning these duties, the clause helps prevent legal complications and ensures a smooth transfer of ownership and export, thereby reducing the risk of disputes or regulatory violations.
Deregistration and Export. At such time as Lessee is obligated to redeliver the Aircraft to Lessor pursuant to this Agreement, Lessee shall at its expense upon the request of Lessor:
(a) promptly take all such steps (not including procuring the discharge of any Lessor’s Liens) as may be necessary to cancel the existing registration of the Aircraft (subject to Lessor giving, or procuring that any mortgagee of the Aircraft gives, such notices and/or required consents to the cancellation of such registration) and obtain and deliver to Lessor all certificates relating to the Aircraft required by applicable law on any transfer of or alteration to the registration thereof;
(b) provide to Lessor all assistance and execute such documents as Lessor may reasonably request so as to enable Lessor to obtain any documents (including, without limitation, any export certificate of airworthiness) required by applicable law in relation to the export of the Aircraft from the State of Registration, the Habitual Base or such other country in which the Aircraft is for the time being located and shall re-assign or otherwise confirm to Lessor the benefit of any indemnities or warranties available to Lessee from Manufacturer or any other supplier or manufacturer of the Engines or any Part or any repair or overhaul facility;
(c) provide to Lessor such assistance with respect to information and documentation as Lessor may reasonably require so as to enable the Aircraft to be registered and certified as to airworthiness under any applicable laws and/or regulations of any country other than the State of Registration.
Deregistration and Export. The Lessee shall, following redelivery of the Aircraft and forthwith upon the request of the Lessor or the Loan Trustee (as applicable), at the Lessee's expense promptly provide the Lessor or the Loan Trustee (as applicable) with (or procure that the Lessor or the Loan Trustee (as applicable) shall be provided with) all necessary assistance for the export of the Aircraft from the Lease Jurisdiction and the deregistration of the Aircraft from ANAC and in particular in connection with the obtaining of (i) a certificate of airworthiness for export from ANAC; (ii) a declaration of export clearance (“declaração de despacho de exportação – DDE”) from the Federal Revenue Office of Brazil; and (iii) a export registry (“registro de exportação – RE”) from the Federal Revenue Office of Brazil.