Common use of Inspection Information Clause in Contracts

Inspection Information. (a) The Lessee will permit the Lessor, at the Lessor's sole cost and expense (except if incurred in the Lessor's exercise of remedies under Section 18), by its officers or agents to inspect the Aircraft or any Parts or any part thereof and the Lessee's documents and records relating thereto, and at such reasonable times during normal business hours (or at any other time acceptable to the Lessee) as the Lessor may from time to time request, provided, however, that such inspections shall not interfere with the Lessee's normal operation of the Aircraft. The Lessor shall have no duty to make any such inspection and shall not incur any liability or obligation by reason of making or not making any such inspection. The Lessee shall provide the Lessor (i) as soon as available and in any event within (x) one hundred eighty (180) days after the end of each fiscal year of the Lessee, a copy of the published annual report to its shareholders (in the English language for the financial part) for such year for the Lessee, and (y) ninety (90) days after the end of each second fiscal quarter of the Lessee, a copy of the Lessee's published interim report to shareholders, and (ii) such other information respecting the Lessee's financial conditions (to the extent made available to the Lessee's shareholders and senior lenders) or operations or the maintenance status of the Aircraft as the Lessor may from time to time reasonably request. (b) The Lessee agrees to provide to the Lessor not less than thirty (30) days after the end of each fiscal quarter, a detailed report specifying the actual number of hours/cycles utilized on the Airframe and each Engine during the preceding fiscal quarter, the location of the Airframe and each Engine as of the end of such quarter, any unscheduled maintenance work at or exceeding the level of a C Check performed thereon during such quarter and any other such information relating to the Airframe and Engines as the Lessor may reasonably request. (c) The Lessee will give notice of an Event of Default or a Default which would become an Event of Default of the type described in Section 17(e) when a Responsible Officer of the Lessee has actual knowledge thereof.

Inspection Information. (a) The Lessee will permit the Lessor, at the Lessor's sole cost and expense (except if incurred in the Lessor's exercise of remedies under Section 18), by its officers or agents to inspect the Aircraft or any Parts or any part thereof and the Lessee's documents and records relating thereto, and at such reasonable times during normal business hours (or at any other time acceptable to the Lessee) as the Lessor may from time to time request, provided, however, that such inspections shall not -------- ------- interfere with the Lessee's normal operation of the Aircraft. The Lessor shall have no duty to make any such inspection and shall not incur any liability or obligation by reason of making or not making any such inspection. The Lessee shall provide the Lessor (i) as soon as available and in any event within (x) one hundred eighty (180) days after alter the end of each fiscal year of the Lessee, a copy of the published annual report to its shareholders (in the English language for the financial part) for such year for the Lessee, and (y) ninety (90) days after the end of each second fiscal quarter of the Lessee, a copy of the Lessee's published interim report to shareholders, and (ii) such other information respecting the Lessee's financial conditions (to the extent made available to the Lessee's shareholders and senior lenders) or operations or the maintenance status of the Aircraft as the Lessor may from time to time reasonably request. (b) The Lessee agrees to provide to the Lessor not less than thirty (30) days after the end of each fiscal quarter, a detailed report specifying the actual number of hours/cycles utilized on the Airframe and each Engine during the preceding fiscal quarter, the location of the Airframe and each Engine as of the end of such quarter, any unscheduled maintenance work at or exceeding the level of a C Check performed thereon during such quarter and any other such information relating to the Airframe and Engines as the Lessor may reasonably request. (c) The Lessee will give notice of an Event of Default or a Default which would become an Event of Default of the type described in Section 17(e) when a Responsible Officer of the Lessee has actual knowledge thereof.

Inspection Information. (a) The Lessee will permit the ---------------------- Lessor, at the Lessor's sole cost and expense (except if incurred in the Lessor's exercise of remedies under Section 18), by its officers or agents to inspect the Aircraft or any Parts or any part thereof and the Lessee's documents and records relating thereto, and at such reasonable times during normal business hours (or at any other time acceptable to the Lessee) as the Lessor may from time to time request, provided, however, that such inspections shall not interfere with the Lessee's normal operation of the Aircraft. The Lessor shall have no duty to make any such inspection and shall not incur any liability or obligation by reason of making or not making any such inspection. The Lessee shall provide the Lessor (i) as soon as available and in any event within (x) one hundred eighty (180) days after the end of each fiscal year of the Lessee, a copy of the published annual report to its shareholders (in the English language for the financial part) for such year for the Lessee, and (y) ninety (90) days after the end of each second fiscal quarter of the Lessee, a copy of the Lessee's published interim report to shareholders, and (ii) such other information respecting the Lessee's financial conditions (to the extent made available to the Lessee's shareholders and senior lenders) or operations or the maintenance status of the Aircraft as the Lessor may from time to time reasonably request. (b) The Lessee agrees to provide to the Lessor not less than thirty (30) days after the end of each fiscal quarter, a detailed report specifying the actual number of hours/cycles utilized on the Airframe and each Engine during the preceding fiscal quarter, the location of the Airframe and each Engine as of the end of such quarter, any unscheduled maintenance work at or exceeding the level of a C Check performed thereon during such quarter and any other such information relating to the Airframe and Engines as the Lessor may reasonably request. (c) The Lessee will give notice of an Event of Default or a Default which would become an Event of Default of the type described in Section 17(e) when a Responsible Officer of the Lessee has actual knowledge thereof.