Common use of Operating Configuration and Condition Clause in Contracts

Operating Configuration and Condition. Shall be in a configuration suitable for operation in regularly scheduled commercial airline passenger service in the United States and shall be in as good operating condition as when delivered new to Lessee by Manufacturer, ordinary wear and tear excepted or, in the case of any such engines owned by Lessee, shall have a value, utility, airworthiness and remaining useful life at least equal to, and shall be in as good operating condition as required by the terms hereof with respect to, Engines constituting part of the Aircraft but not then installed on the Airframe. All Lessee or Permitted Sublessee exterior markings, as the case may be, shall have been painted over in matching exterior colors. In addition, any appliance, part, instrument, appurtenance, accessory, furnishing or other equipment leased by Lessee from a third party (other than Lessor) and incorporated in the Aircraft shall be removed prior to the date of such return without any damage to the Aircraft and without diminishing or impairing the value, utility, remaining useful life or condition which the Aircraft would have had at such time had such equipment not been installed, and Lessee shall make all repairs which are required as a result of such removal;

Appears in 3 contracts

Samples: Sale and Lease Agreement (Southwest Airlines Co), Sale and Lease Agreement (Southwest Airlines Co), Sale and Lease Agreement (Southwest Airlines Co)

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Operating Configuration and Condition. Shall be in a configuration suitable for operation in regularly scheduled commercial airline passenger service in the United States and shall be in as good operating condition as when delivered new to Lessee by Manufacturer, ordinary wear and tear excepted or, in the case of any such engines owned by Lessee, shall have a value, utility, airworthiness and remaining useful life at least equal to, and shall be in as good operating condition as required by the terms hereof with respect to, Engines constituting part of the Aircraft but not then installed on the Airframe. All Lessee or Permitted Sublessee exterior markings, as the case may be, shall have been painted over in matching exterior colors. In addition, any appliance, part, instrument, appurtenance, SALE AND LEASE AGREEMENT [N603SW] -19- 26 accessory, furnishing or other equipment leased by Lessee from a third party (other than Lessor) and incorporated in the Aircraft shall be removed prior to the date of such return without any damage to the Aircraft and without diminishing or impairing the value, utility, remaining useful life or condition which the Aircraft would have had at such time had such equipment not been installed, and Lessee shall make all repairs which are required as a result of such removal;

Appears in 1 contract

Samples: Sale and Lease Agreement (Southwest Airlines Co)

Operating Configuration and Condition. Shall be in a configuration suitable for operation in regularly scheduled commercial airline passenger service in the United States and shall be in as good operating condition as when delivered new to Lessee by Manufacturer, ordinary wear and tear excepted or, in the case of any such engines owned by Lessee, shall have a value, utility, airworthiness and remaining useful life at least equal SALE AND LEASE AGREEMENT [N605SW] -19- 26 to, and shall be in as good operating condition as required by the terms hereof with respect to, Engines constituting part of the Aircraft but not then installed on the Airframe. All Lessee or Permitted Sublessee exterior markings, as the case may be, shall have been painted over in matching exterior colors. In addition, any appliance, part, instrument, appurtenance, accessory, furnishing or other equipment leased by Lessee from a third party (other than Lessor) and incorporated in the Aircraft shall be removed prior to the date of such return without any damage to the Aircraft and without diminishing or impairing the value, utility, remaining useful life or condition which the Aircraft would have had at such time had such equipment not been installed, and Lessee shall make all repairs which are required as a result of such removal;

Appears in 1 contract

Samples: Sale and Lease Agreement (Southwest Airlines Co)

Operating Configuration and Condition. Shall be in a configuration suitable for operation in regularly scheduled commercial airline passenger service in the United States and shall be in as good operating condition as when delivered new to Lessee by Manufacturer, ordinary wear and tear excepted or, in the case of any such engines not owned by LesseeLessor, shall have a value, utility, airworthiness and remaining useful life at least equal to, and shall be in as good operating condition as required by the terms hereof with respect to, Engines constituting part of the Aircraft but not then installed on the Airframe. All Lessee or Permitted Sublessee exterior markings, as the case may be, shall have been painted over in matching exterior colors. In addition, any appliance, part, instrument, appurtenance, accessory, furnishing or other equipment leased by Lessee from a third party (other than Lessor) and incorporated in the Aircraft shall be removed prior to the date of such return without any damage to the Aircraft and without diminishing or impairing the value, utility, remaining useful life or condition SALE AND LEASE AGREEMENT [N396SW] -20- 27 which the Aircraft would have had at such time had such equipment not been installed, and Lessee shall make all repairs which are required as a result of such removal;

Appears in 1 contract

Samples: Sale and Lease Agreement (Southwest Airlines Co)

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Operating Configuration and Condition. Shall be in a configuration suitable for operation in regularly scheduled commercial airline passenger service in the United States and shall be in as good operating condition as when delivered new to Lessee by Manufacturer, ordinary wear and tear excepted or, in the case of any such engines not owned by LesseeLessor, shall have a value, utility, airworthiness and remaining useful life at least equal to, and shall be in as good operating condition as required by the terms hereof with respect to, Engines constituting part of the Aircraft but not then installed on the Airframe. All Lessee or Permitted Sublessee exterior markings, as the case may be, shall have been painted over in matching exterior colors. In addition, any appliance, part, instrument, appurtenance, accessory, furnishing or other equipment leased by Lessee from a third party (other than Lessor) and incorporated in the Aircraft shall be removed prior to the date of such return without any damage to the Aircraft and without diminishing or impairing the value, utility, remaining useful life or condition SALE AND LEASE AGREEMENT [N397SW] -20- 27 which the Aircraft would have had at such time had such equipment not been installed, and Lessee shall make all repairs which are required as a result of such removal;

Appears in 1 contract

Samples: Sale and Lease Agreement (Southwest Airlines Co)

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