Common use of NO REDUCTION OF BASIC RENT Clause in Contracts

NO REDUCTION OF BASIC RENT. No Event of Loss with respect to an Engine under the circumstances contemplated by the terms of this Section 10.2 shall result in any reduction of Basic Rent.

Appears in 2 contracts

Samples: Aircraft Lease Agreement (Airlease LTD), Aircraft Lease Agreement (Airlease LTD)

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NO REDUCTION OF BASIC RENT. No Event of Loss with respect to an Engine under the circumstances contemplated by the terms of this Section 10.2 12.02 shall result in any reduction of Basic basic Rent or Renewal Rent.

Appears in 1 contract

Samples: Lease Agreement (Airlease LTD)

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NO REDUCTION OF BASIC RENT. No Event of Loss with respect to an ---------------------------- Engine under the circumstances contemplated by the terms of this Section 10.2 shall result in any reduction of Basic Rent.

Appears in 1 contract

Samples: Aircraft Lease Agreement (Airlease LTD)

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