General Right of Termination. Any party may terminate participation in this Agreement:
General Right of Termination. Commencing twenty-four (24) months after Delivery (but not before), Lessee shall have the right to terminate this Agreement, in its sole and absolute discretion and with or without cause, by providing written notice of such intent to terminate (pursuant to the notice requirements of Section 20.11 hereof) to Lessor at least 180 days prior to the specified termination date (the “Discretionary Termination Effective Date”). As conditions precedent to the effectiveness of a Termination under this Section 20.15(a): (i) Lessee shall make a lump sum payment to Lessor in an amount equal to what would have been owing by Lessee in Basic Rent payments over the next six (6) months after the Discretionary Termination Effective Date; and (ii) Lessee shall Return the Aircraft to Lessor pursuant to the requirements of this Agreement, including, without limitation, Sections 17 and 18 hereof and Appendix H hereto. The parties shall execute and file any and all documentation required or allowed by the Aviation Authority evidencing such Termination.
General Right of Termination. A Party not in default under the Agreement (the non-defaulting Party) may terminate this Agreement by giving the other Party a notice of termination if:
General Right of Termination. During the Initial Term or any Extension Term, either party may terminate this Agreement for any reason by providing written notice to the other party of its intent to terminate this Agreement at least one-hundred and eighty (180) days prior to the date of termination.
General Right of Termination. Lessee will have a one-time only right to terminate this Agreement, in its sole and absolute discretion and with or without cause, on the date [*] months after the Delivery Date (the “Discretionary Termination Effective Date”). Lessee may exercise this right by providing written notice of such intent to terminate (pursuant to the notice requirements of Section 20.7 hereof) to Lessor at least [*] days prior to the Discretionary Termination Effective Date, except that if Lessee does not provide such notice at least [*] days prior to the Discretionary Termination Effective Date, the resulting Termination will not become effective until [*] days after the date of such notice. As conditions precedent to the effectiveness of a Termination under this Section 20.11.1: (a) Lessee will make a lump sum payment to Lessor in an amount equal to the Early Termination Fee; and (b) Lessee will Return the Aircraft to Lessor in accordance with Sections 17 and 18 of this Agreement and the Return Condition Requirements. The Parties will execute and file any and all documentation required by the Aviation Authority to effect such Termination.
