Common use of Lessee's Lease Term Option Clause in Contracts

Lessee's Lease Term Option. (a) Notwithstanding any other provision of this Agreement to the contrary, Lessor hereby grants Lessee the option (the "Lease Term Option") to terminate or extend the Term two (2) months earlier or later than the numerically corresponding day twenty-four (24) months after the Delivery Date provided that:

Appears in 8 contracts

Samples: Aircraft Lease Agreement (Air South Airlines Inc), Aircraft Lease Agreement (Air South Airlines Inc), Aircraft Lease Agreement (Air South Airlines Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!