Common use of Maintenance Reserves Clause in Contracts

Maintenance Reserves. Lessee shall make payments to Lessor in respect of the Maintenance Reserves in accordance with Appendix 2C, on a monthly basis, within ten (10) days following the last day of each Calendar Month, with the first payment due ten (10) days following the first full Calendar Month of the Lease Term; provided that Lessee’s final payment in respect of Maintenance Reserves shall be made on the Termination Date.

Appears in 3 contracts

Samples: Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.), Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.), Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)

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Maintenance Reserves. Lessee shall make payments to Lessor in respect of the Maintenance Reserves in accordance with Appendix 2C2D, on a monthly basis, within ten (10) days following the last day of each Calendar MonthRent Period, with the first payment due ten (10) days following the first full Calendar Month of the Lease Termsecond Rent Payment Date; provided that Lessee’s final payment in respect of Maintenance Reserves shall be made on the Termination Date.

Appears in 3 contracts

Samples: Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.), Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.), Aircraft Lease Agreement (Hawaiian Holdings Inc)

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