Common use of On Board Certified Software Clause in Contracts

On Board Certified Software. Subject to the Licensee having complied with the terms of this Software License, the rights under this Software License shall be granted from the date of Delivery of each Aircraft until the earlier of (i) the Aircraft definitively ceasing to be operated, in which case the license rights pertaining to such Aircraft shall be deemed terminated on the date of the last operation thereof by the Licensee or any of its assignees, or (ii) the Agreement, this Software License or any part thereof being terminated for any reason whatsoever, in which case the Licensee shall immediately cease to use the On Board Certified Software.

Appears in 5 contracts

Samples: Purchase Agreement (China Eastern Airlines Corp LTD), Purchase Agreement (Avolon Holdings LTD), Purchase Agreement (Avianca Holdings S.A.)

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On Board Certified Software. Subject to the Licensee having complied with the terms of this Software License, the rights under this Software License shall will be granted from the date of Delivery of each Aircraft until the earlier of (i) the Aircraft definitively ceasing to be operated, in which case the license rights pertaining to such Aircraft shall will be deemed terminated on the date of the last operation thereof by the Licensee or any of its assignees, or (ii) the Agreement, this Software License or any part thereof being terminated for any reason whatsoever, in which case the Licensee shall will immediately cease to use the On Board Certified Software.

Appears in 1 contract

Samples: Purchase Agreement (Air Lease Corp)

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On Board Certified Software. Subject to the Licensee having complied with the terms of this Software License, the rights under this Software License shall be granted from the date of Delivery of each Aircraft until the earlier of (i) the Aircraft definitively ceasing to be operated, [*****] in which case the license rights pertaining to such Aircraft shall be deemed terminated on the date of the last operation thereof by the Licensee or any of its assignees, or (ii) the Agreement[*****], this Software License or any part thereof being terminated for any reason whatsoever, in which case the Licensee shall immediately cease to use the On Board Certified Software.

Appears in 1 contract

Samples: Purchase Agreement (Azul Sa)

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