Embraer Aircraft Sample Clauses

Embraer Aircraft. Bus Av/Del shall have tendered the Embraer Aircraft to Insperity in the condition required in Section 1.07(e).
Sample 1
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Embraer Aircraft. (a) Insperity shall be responsible for, and agrees to indemnify Bus Av/Del against, the payment of any and all taxes, fees, or duties as well as any penalties, interest and attorneys fees relating thereto, imposed by any jurisdiction as a result of: (i) Insperity’s ownership or usage of the Embraer Aircraft after Closing or (ii) this sale or the delivery or registration (post-Closing) of the Embraer Aircraft, except to the extent that such taxes, fees, duties, penalties, interest and attorneys fees relate to any income Bus Av/Del may realize on the sale of the Embraer Aircraft to Insperity. (b) Bus Av/Del shall be responsible for, and agrees to indemnify Insperity against any payment or imposition of taxes, fees or duties as well as any penalties, interest and attorneys fees, imposed by any jurisdiction on any income Bus Av/Del may realize on the sale of the Embraer Aircraft or as a result of the ownership, possession or usage of the Embraer Aircraft prior to the Closing. (c) With respect to sales tax on the Embraer Aircraft, Insperity shall either: (i) pay sales tax directly to Bus Av/Del or to the Escrow Agent to be released to Bus Av/Del at Closing for remittance to the appropriate state; or (ii) provide Bus Av/Del prior to Closing with documentation and/or evidence, including but not limited to a certificate of exemption, sufficient to evidence Insperity’s qualification for an exemption from sales tax. If a certificate of exemption is necessary for the Embraer Aircraft, Insperity shall position an original of the same with the Escrow Agent to be released to Bus Av/Del at Closing.
Sample 1

Related to Embraer Aircraft

  • Aircraft This peril includes self-propelled missiles and spacecraft.

  • Lease of Aircraft Lessor agrees to lease the Aircraft to Lessee pursuant to the provisions of FAR Section 91.501(b)(6) and Section 91.501(c)(1) and this Agreement, and to provide a fully-qualified and credentialed flight crew for all flights to be conducted hereunder during the Term (as defined in Section 13) hereof. The parties acknowledge and agree that this Agreement did not result in any way from any direct or indirect advertising, holding out or soliciting on the part of Lessor or any person purportedly acting on behalf of Lessor. Lessor and Lessee intend that the lease of the Aircraft effected by this Agreement shall be treated as a “wet lease” pursuant to which Lessor provides transportation services to Lessee in accordance with FAR Section 91.501(b)(6) and Section 91.501(c)(1).

  • Use of Aircraft ‌ Employees shall not be required to use an aircraft in the course of their duties other than those of regular commercial airlines, licensed charters, or government aircraft.

  • Condition of Aircraft Upon any Return Occasion, Lessee shall return such Aircraft to Lessor in such condition that the Aircraft shall also comply with each and every condition and requirement set forth elsewhere in this Lease, including Exhibit E hereto.

  • AIRCRAFT CONFIGURATION The guarantees defined below (the “Guarantees”) are applicable to the A319-100 Aircraft as described in the Standard Specification Ref. J 000 01000 Issue 6 dated 1st March 2007 equipped with:

  • Aircraft Basic Price The Aircraft Basic Price is listed in Table 1 and is subject to escalation in accordance with the terms of this Purchase Agreement.

  • Return of Aircraft 64 23.1 Date of Return................................................64 23.2

  • Equipment Use Lessee agrees that the Equipment will be operated by competent, qualified personnel in connection with Lessee's business for the purpose for which the Equipment was designed and in accordance with applicable operating instructions, laws, and government regulations, and that Lessee shall use all reasonable precautions to prevent loss or damage to the Equipment from fire and other hazards. Lessee shall procure and maintain in effect all orders, licenses, certificates, permits, approvals, and consents required by federal, state, or local laws or by any governmental body, agency, or authority in connection with the delivery, installation, use, and operation of the Equipment.

  • Engines POSITION SERIAL NO. TOTAL HOURS TOTAL CYCLES HRS/CYCLES SINCE LAST SHOP VISIT Time Remaining to Next LIFE LIMITED PART REMOVAL PART NAME HOURS CYCLES MSN MSN

  • Spares Boeing will revise, as applicable, the customized Recommended Spares Parts List (RSPL) and Illustrated Parts Catalog (IPC).

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