Common use of Lost, Destroyed or Damaged Aircraft Clause in Contracts

Lost, Destroyed or Damaged Aircraft. 10.5.1 If any Aircraft suffers a total loss, is destroyed, or is damaged beyond economic repair prior to delivery thereof, then this Agreement will be terminated with respect to such Aircraft and the obligations and liabilities of the parties hereunder with respect to such Aircraft will be discharged. The Seller will repay to the Buyer an amount equal to the entire amount of any Predelivery Payments received from the Buyer hereunder with respect to any such Aircraft that is lost, destroyed or damaged beyond economic repair, ***.

Lost, Destroyed or Damaged Aircraft. 10.5.1 If any Aircraft suffers a total loss, is destroyed, or is damaged beyond economic repair prior to delivery thereof, then this Agreement will be terminated with respect to such Aircraft and the obligations and liabilities of the parties hereunder with respect to such Aircraft will be discharged. The Seller will repay to the Buyer an amount equal to the entire amount of any Predelivery Payments received from the Buyer hereunder with respect to any such Aircraft that is lost, destroyed or damaged beyond economic repair, repair ***.. ***

Lost, Destroyed or Damaged Aircraft. 10.5.1 If If, any Aircraft suffers a total lossis lost, is destroyed, destroyed or is damaged beyond economic repair prior to delivery thereof, then this Agreement will shall be terminated with respect to such Aircraft and the obligations and liabilities of the parties hereunder with respect to such Aircraft will shall be discharged. The Seller will shall repay to the Buyer an amount equal to the entire amount of any Predelivery Payments (without interest) received from the Buyer in cash hereunder with respect to any such Aircraft that is lost, destroyed or damaged beyond economic repair, ***.