Option Not Exercised. If Lessee has not furnished Lessor with the Option Notice on or before the date specified in sub-clause (a) above, the Lease Term Option shall be forfeited, no longer available to Lessee and of no further effect.
Appears in 10 contracts
Samples: Aircraft Lease Agreement (Air South Airlines Inc), Aircraft Lease Agreement (Air South Airlines Inc), Aircraft Lease Agreement (Air South Airlines Inc)
