Common use of INSPECTIONS BY LESSOR Clause in Contracts

INSPECTIONS BY LESSOR. Not more than once annually during the Term, Lessor or its authorized representatives may upon at least 15 days' prior notice to Lessee (unless an Event of Default has occurred and continuing, in which event, Lessor may exercise its rights under this Section 7.10 as often as it deems necessary upon one Business Day's prior notice) and at a time and place reasonably acceptable to Lessee, at its own expense and risk, conduct a visual walk-around inspection of the Aircraft and any Engines, which shall not include opening any panels or bays and may inspect the Manuals and Technical Records relating to the operation and maintenance thereof (which Lessee shall provide copies of to Lessor upon Lessor's reasonable request), provided that (a) any such inspection shall be subject to the safety, security and workplace rules applicable at the location where such inspection is conducted and any applicable governmental rules or regulations, (b) in the case of an inspection during a maintenance visit, such inspection shall not interfere with the normal conduct of such maintenance visit or extend the time required for such maintenance visit or, in any event, at any time interfere with the use or operation of the Airframe or any Engine or with the normal conduct of Lessee's or a Permitted Sublessee's business (provided further, that in no event shall this provision adversely affect Lessor's right to inspect the Aircraft at least once annually during the Term), and (c) Lessor shall not be required to undertake or incur any additional liabilities in connection with any such inspection. All information obtained in connection with any such inspection shall be held confidential by Lessor, except as may be required by an order of any court or administrative agency or by any statute, rule, regulation or order of any governmental authority or as may be necessary to enforce the terms of this Lease. If requested by Lessor, Lessee shall provide, or shall cause any Permitted Sublessee to provide, the date (if then scheduled) upon which the Airframe undergoes its next scheduled major check and shall advise Lessor of the name and location (if then known) of the relevant maintenance performer.

INSPECTIONS BY LESSOR. Not more than once annually during the Term, Lessor or its authorized representatives may upon at least 15 days' prior At all reasonable times and on reasonable notice to Lessee, Lessor, the Owner Participant or any financing party to Lessor, or their respective authorized representatives, may inspect the Aircraft and inspect and make copies of the books and records of Lessee and any sublessee required to be maintained by the FAA relating to the maintenance of the Aircraft (unless inspections conducted when an Event of Default or a Default described in Section 14(a)(v) has occurred and continuingis continuing shall be at Lessee's cost and expense; all other inspections shall be at Lessor's, in which eventthe Owner Participant's or the financing party's sole cost and expense, Lessor as the case may exercise its rights under this Section 7.10 be), and shall keep any information or copies obtained thereby confidential and shall not disclose the same to any Person, except (A) to Lessor, the Owner Participant or any financing party to Lessor, and to any prospective transferees (and such prospective transferee's counsel, independent insurance advisors or other agents) who agree to hold such information confidential, (B) to Lessor's, the Owner Participant's, and the financing party's counsel, independent insurance advisors or other agents who agree to hold such information confidential, or (C) as often as it deems may be required by any statute, court or administrative order or decree or governmental ruling or regulation; provided, however, that any and all disclosures permitted by clause (C) above shall be made only to the extent necessary upon one Business Day's prior notice) and at a time and place reasonably acceptable to meet the specific requirements or needs of the Persons for whom such disclosure is hereby permitted. Any such inspection of the Aircraft shall be subject to Lessee's safety and security rules applicable to the location of the Aircraft, at its own expense and riskshall be a visual, conduct a visual walk-around inspection of the interior and exterior of the Aircraft and any Engines, which shall not include opening any panels panels, bays or bays and may inspect the Manuals and Technical Records relating like without the express consent of Lessee (except in connection with a maintenance visit when a panel, bay or the like is scheduled or required to the operation and maintenance thereof (which Lessee shall provide copies of to Lessor upon Lessor's reasonable requestbe opened), ; provided that (a) any no exercise of such inspection right shall be subject to the safety, security and workplace rules applicable at the location where such inspection is conducted and any applicable governmental rules or regulations, (b) in the case of an inspection during a maintenance visit, such inspection shall not interfere with the normal conduct of such operation or maintenance visit or extend the time required for such maintenance visit or, in any event, at any time interfere with the use or operation of the Airframe Aircraft by, or the business of, Lessee (or any Engine or with the normal conduct of Lessee's or sublessee under a Permitted Sublessee's business (provided further, Sublease). Upon receipt by Lessee of a written request from the Owner Participant specifying that in no event shall this provision adversely affect Lessor's right the Owner Participant desires to inspect have an authorized representative observe the next scheduled maintenance to be performed on the Aircraft at least once annually during the Term), and (c) Lessee shall cooperate with the Owner Participant to enable the Owner Participant's representative to observe such scheduled maintenance to be performed on the Aircraft during the Term. Neither the Owner Participant nor the Lessor shall not be required have any duty to undertake or make any such inspection nor shall either of them incur any additional liabilities in connection with any liability or obligation by reason of not making such inspection. All information obtained Except during the last six (6) months of the Term or during the continuance of an Event of Default, all inspections by the Owner Participant and its authorized representatives or Lessor and its authorized representatives provided for under this Section 7.10 shall, in connection with any such inspection shall be held confidential by regard to each of the Owner Participant and Lessor, except as may be required by an order limited to one (1) inspection of any court or administrative agency or kind contemplated by this Section 7.10 during any statutecalendar year. In addition to any inspection provided hereunder, rule, regulation or order upon each request of any governmental authority or as may be necessary to enforce the terms of this Lease. If requested by LessorOwner Participant, Lessee shall providewill, or shall cause any Permitted Sublessee to provide, at the date (if then scheduled) upon which the Airframe undergoes its next scheduled major check sole cost and shall advise Lessor expense of the name Owner Participant, make available to the Owner Participant an inspection in accordance with and location (if then known) of the relevant maintenance performerkind contemplated by this Section 7.10, but solely for the purpose of a potential transfer of the Owner Participant's interest in the Aircraft.