Common use of Early Termination: Repossession Clause in Contracts

Early Termination: Repossession. In the event that during the Agreement term the Cov- ered Aircraft is repossessed by a lender, lessor, or third party who does not wish to con- tinue the Agreement, the parties hereto shall have no further obligations under this Agreement, except as follows:

Appears in 6 contracts

Samples: Airframe Maintenance Program Agreement, Program Agreement, Program Agreement

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