Common use of Parking and Related Matters Clause in Contracts

Parking and Related Matters. Unless Lessee has elected to purchase the Aircraft in accordance with the terms hereof, if Lessor gives written notice to Lessee not less than sixty (60) days nor more than one hundred eighty (180) days prior to the end of the Term requesting storage of the Aircraft upon its return hereunder, Lessee will provide Lessor, or cause Lessor to be provided, with outdoor parking facilities for the Aircraft for a period up to thirty (30) days, commencing on the date of such return, at such storage facility in the forty eight (48) contiguous states of the United States as Lessee may select; provided that such location shall be a location generally used for the parking of commercial aircraft by aircraft owners or operators. Notwithstanding subsection (a) of Exhibit G, such location shall be deemed to be the return location of the Aircraft for purposes of such Exhibit G. Such parking shall be at Lessor's risk and expense and Lessor shall pay all applicable storage, maintenance and insurance fees and expenses. Lessee's obligation to arrange parking shall be subject to Lessee and Lessor entering into an agreement prior to the commencement of the storage period with the storage facility providing, among other things, that Lessor shall bear all maintenance charges and other costs incurred relating to such storage.

Appears in 4 contracts

Samples: Lease Agreement (Us Airways Inc), Lease Agreement (Us Airways Inc), Lease Agreement (Us Airways Inc)

AutoNDA by SimpleDocs

Parking and Related Matters. Unless Lessee has elected to purchase the Aircraft in accordance with the terms hereof, if Lessor gives written notice to Lessee not less than sixty thirty (6030) days nor more than one hundred eighty (180) days prior to the end of the Term requesting storage parking of the Aircraft upon its return hereunder, Lessee will provide assist Lessor, or cause Lessor to be providedat Lessor's expense, with in arranging outdoor parking facilities for the Aircraft for a period up to thirty (30) days, commencing on the date of such return, at such storage outdoor parking facility in the forty eight (48) contiguous states of the United States as Lessee and Lessor may selectagree; provided that such location shall be a location generally used for the parking of commercial aircraft by aircraft owners or operators. Notwithstanding subsection (a) of Exhibit GB, such location shall be deemed to be the return location of the Aircraft for purposes of such Exhibit G. B. Such parking shall be at Lessor's risk and expense and Lessor shall pay all applicable parking, storage, maintenance and insurance fees and expenses. Lessee's obligation to arrange assist, Lessor in arranging parking for the Aircraft shall be subject to Lessee and Lessor entering into an agreement satisfactory to Lessee prior to the commencement of the storage outdoor parking period with the storage outdoor parking facility providing, among other things, that Lessor shall bear all parking, maintenance charges (other than maintenance required as a direct breach of Lessee's obligations under this Section 5) and other costs (including those costs referred to above) incurred relating to such storage.

Appears in 3 contracts

Samples: Lease Agreement (Us Airways Inc), Lease Agreement (Us Airways Inc), Lease Agreement (Us Airways Inc)

AutoNDA by SimpleDocs

Parking and Related Matters. Unless Lessee has elected to purchase the Aircraft in accordance with the terms hereof, if Lessor gives written notice to Lessee not less than sixty (60) days nor more than one hundred eighty (180) days prior to the end of the Term requesting storage of the Aircraft upon its return hereunder, Lessee will provide Lessor, or cause Lessor to be provided, with outdoor parking facilities for the Aircraft for a period up to thirty (30) days, commencing on the date of such return, at such storage facility in the forty eight (48) contiguous states of the United States as Lessee may select; provided that such location shall be a location generally used for the parking of commercial aircraft by aircraft owners or operators. Notwithstanding subsection (a) of Exhibit GB, such location shall be deemed to be the return location of the Aircraft for purposes of such Exhibit G. B. Such parking shall be at Lessor's risk and expense and Lessor shall pay all applicable storage, maintenance and insurance fees and expenses. Lessee's obligation to arrange parking shall be subject to Lessee and Lessor entering into an agreement prior to the commencement of the storage period with the storage facility providing, among other things, that Lessor shall bear all maintenance charges and other costs incurred relating to such storage.

Appears in 3 contracts

Samples: Lease Agreement (Us Airways Inc), Lease Agreement (Us Airways Inc), Lease Agreement (Us Airways Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.