Maintenance and Operating Costs Clause Samples

Maintenance and Operating Costs. 4.3.1 Lessee shall ensure that the Aircraft is enrolled and maintained on an FAA approved inspection program as required for the Aircraft to be maintained in accordance with the requirements of the manufacturer's approved inspection program, Federal Aviation Regulations, and Lessee's Part 135 Operating Certificate, using FAA and the manufacturer's approved components and procedures. 4.3.2 Lessee shall ensure that records on the Aircraft, engines, and systems are maintained in accordance with applicable FAA Regulations and the manufacturer's requirements. Such records shall be considered part of the Aircraft. 4.3.3 Records pertaining to the performance of the Parties obligations hereunder shall be open for inspection and audit wherever such records are maintained in the normal course of business upon reasonable notice throughout the term of this Agreement and for the period ending two (2) years after the termination thereof. The Parties agree not to destroy such records prior to the time when any other Parties right to inspect and audit terminates, and each further agrees to retain such records in accordance with any applicable Federal Aviation Regulation. 4.3.4 Lessee shall be financially responsible for the direct costs of operating the Aircraft, including, but not limited to, crew salary and benefits, fuel, oil, and additives, consumable parts and supplies (excluding shipping costs and core charges for replacement parts and components), Aircraft hull and liability insurance, inspection, maintenance and repair, labor, engine and airframe maintenance fees, as applicable, landing, parking, handling, customs, airways, and overflight fees, hangar fees, computer flight plans, navigation, operations, and maintenance publications, catering, supplies, and in-flight entertainment materials, flight support personnel travel expenses incurred in support of the operation of the Aircraft, communications charges and outside computer services related to Aircraft operations and maintenance, passenger ground transportation, and substitute flight support personnel. 4.3.5 Lessee shall be responsible, subject to the limitations contained in this Section 4.3.5 and in Section 4.3.6 following, for the inspection, maintenance, and repair of the Aircraft, replacement of any defective components, and any expense associated therewith, including the rectification of any discrepancies that are found to exist with respect to the Aircraft. Lessee shall have sole and exclusive discretion...

Maintenance and Operating Costs. 2.5.1 Bridger shall (a) take all requisite steps to maintain and keep the Aircraft in good repair and in an airworthy operating condition, (b) maintain in full force and effect all approvals, consents, licenses, permits and other authorizations of any governmental or regulatory authority applicable to the Aircraft and required to maintain, store, operate and/or deploy the Aircraft and (c) cause all maintenance and repair work to be performed in compliance with applicable laws and by persons duly licensed to do such work, which may include employees of Bridger or its affiliates and in each case, in the same manner and with the same degree of care as a reasonable and prudent operator of similar aircraft. Except as previously approved in writing by Owner (in its sole and absolute discretion) in a Retrofit Budget, under no circumstance shall Bridger transfer, sell, remove or otherwise encumber any engine of any Aircraft (including but not limited to an engine swap) without the prior written consent of Owner. If at any time any Aircraft (i) is not in revenue service or (ii) is not receiving maintenance, repair, overhaul or retrofit services pursuant to the terms of this Agreement, such Aircraft shall be held in accordance with an approved storage plan pursuant to a Key Contract. 2.5.2 Other than the costs and expenses incurred in connection with the Work (solely to the extent set forth in, and pursuant to the applicable line item amounts of, the Retrofit Budget), Bridger shall be responsible for, and shall pay on a current basis, all costs and expenses related to the maintenance, repair and operation of each Aircraft, including but not limited to the following: flight crew, flight crew training (initial, re-current or otherwise), crew per diem while performing duties in conjunction with an Aircraft, hangar rent, insurance costs (as described in this Agreement), airframe & avionics maintenance (including labor and parts), engine maintenance, engine reserves or other such engine, airframe, or avionics program costs, computerized maintenance tracking program subscriptions, landing fee, parking, ramp fee, crew transportation, transient hangar, de-icing, flight related trip expenses, chart subscriptions, avionics database subscriptions, fuel research program subscriptions, catering expenses, jet fuel, cleaning, and stocking, compliance (including compliance with all airworthiness directives, mandatory service bulletins, alert service bulletins and mandatory orders),...

Maintenance and Operating Costs. The term “Operating Expenses” shall mean the aggregate of those costs and expenses paid or incurred by or on behalf of Landlord (whether directly or through independent contractors) relating to the ownership, maintenance and operation of the Property, which are necessary, in the reasonable judgment of Landlord, to maintain and operate the Property. Without limiting the generality of the foregoing, Operating Expenses shall include the items described in Rider 3.03 attached hereto and made a part hereof. Notwithstanding the foregoing, Operating Expenses shall exclude capital costs other than those provided for in Rider 3.03 hereto, costs arising from Landlord’s gross negligence or willful misconduct, commissions and other costs related to leasing of the Building.

Maintenance and Operating Costs. Licensee shall arrange and timely pay for all utilities, fuel and other costs incurred to repair, replace, maintain, test and operate Licensee’s Generators and Licensee’s Related Equipment.

Maintenance and Operating Costs. The term “Maintenance and Operating Costs” shall mean the aggregate of those costs and expenses paid or incurred by or on behalf of Landlord on or after the Commencement Date (whether directly or through independent contractors) relating to the ownership, maintenance and operation of the Building and the Property. Landlord agrees to make reasonable efforts to minimize Maintenance and Operating Costs, provided that such efforts are consistent with Landlord’s intent to operate and maintain the Building in a first class manner. Without limiting the generality of the foregoing, Maintenance and Operating Costs shall include the following:

Maintenance and Operating Costs. Except as specified herein as the responsibility of the Town, in addition to the payment of the License Fee, the Licensee shall be responsible for payment of all costs and expenses associated with the maintenance, repair and operation of the Licensed Premises, including all required labour, materials and equipment.

Maintenance and Operating Costs. You agree to keep the Vehicle in the same condition as when you received it, except for reasonable wear and mileage. You agree to service and maintain it as recommended by the manufacturer and as needed to keep it in good operating condition. You also agree to maintain the Vehicle so that any warranties or similar agreements remain effective and so that it passes all inspections required by law. You are responsible for paying all costs of the Vehicle 's service, repair and maintenance and all the costs of its operation, including the costs of gas, oil, parking and storage, etc. You agree to make the Vehicle available to us for inspection during the Lease Term at any reasonable time and location that we request.

Maintenance and Operating Costs. Licensee shall timely pay (or promptly reimburse Owner, if applicable) for all utilities, fuel and other costs incurred to inspect, repair, replace, maintain, test and operate the Supplemental HVAC System.

Maintenance and Operating Costs. Save and except for as specifically stated to be the responsibility of the Town, in addition to the payment of the amounts set out in Section 4.1, as and when required under the terms of the Agreement, the Licensee shall be responsible for payment of any and all costs associated with the supervision, scheduling, maintenance, repair and operation of the Licensed Premises. For further clarification the Licensee shall be responsible for: (a) its own janitorial and supervisory costs; and (b) its own phone and any costs associated with such phone and television services.