Common use of Lease Charges and Taxes Clause in Contracts

Lease Charges and Taxes. The Lessee shall pay the Lessor: (i) a Lease fee per day of the Lease Period amounting to one three hundred and sixty fifth (1/365th) of the part's sales price as set forth in the Seller's Spare Parts Price List in effect on the date of the commencement of the Lease Period; (ii) any reasonable additional costs which may be incurred by the Lessor as a direct result of such Lease, such as recertification, inspection, test, repair, overhaul, removal of paint and/or repackaging costs as required to place the Leased Part in a satisfactory condition for lease to a subsequent customer; (iii) all transportation and insurance charges; and (iv) any taxes, charges or custom duties imposed upon the Lessor or its property as a result of the Lease, sale, delivery, storage or transfer of any Leased Part. All payments due hereunder shall be made in accordance with Clause 4.

Appears in 2 contracts

Samples: Purchase Agreement (China Eastern Airlines Corp LTD), Purchase Agreement (China Eastern Airlines Corp LTD)

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Lease Charges and Taxes. The Lessee shall pay the Lessor: (i) a Lease fee per day of the Lease Period amounting to one three hundred and sixty fifth (1/365th) [***] of the part's ’s sales price as set forth in the Seller's ’s Spare Parts Price List Catalog in effect on the date of the commencement of the Lease Period; (ii) any reasonable additional costs which may be incurred by the Lessor as a direct result of such Lease, such as recertification, inspection, test, repair, overhaul, removal of paint and/or repackaging costs as required to place the Leased Part in a satisfactory condition for lease to a subsequent customer; (iii) all transportation and insurance charges; and (iv) any taxes, charges or custom duties imposed upon the Lessor or its property as a result of the Lease, sale, delivery, storage or transfer of any Leased Part. All payments due hereunder shall be made in accordance with Clause 4.

Appears in 2 contracts

Samples: Aircraft Purchase Agreement (AerCap Holdings N.V.), Aircraft Purchase Agreement (AerCap Holdings N.V.)

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Lease Charges and Taxes. The Lessee shall pay the Lessor: (i) a Lease fee per day of the Lease Period amounting to one three hundred and sixty fifth (1/365th) of the part's sales price as set forth in the Seller's Spare Parts Price List Catalog in effect on the date of the commencement of the Lease Period; (ii) any reasonable additional costs which may be incurred by the Lessor as a direct result of such Lease, such as recertification, inspection, test, repair, overhaul, removal of paint and/or repackaging costs as required to place the Leased Part in a satisfactory condition for lease to a subsequent customer; (iii) all transportation and insurance charges; and (iv) any taxes, charges or custom duties imposed upon the Lessor or its property as a result of the Lease, sale, delivery, storage or transfer of any Leased Part. All payments due hereunder shall be made in accordance with Clause 4.

Appears in 1 contract

Samples: Purchase Agreement (Tam S.A.)

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