Common use of Positioning, Repositioning Clause in Contracts

Positioning, Repositioning. Lessor has incorporated the estimated cost of positioning/repositioning flights into the Rental Payment, and any positioning/repositioning flights will not be part of the Rental Period and will be invoiced to Lessor’s account, even if Lessee commences or ends its Rental Period at a point other than at Teterboro Airport (“Home Base”).

Appears in 7 contracts

Samples: Aircraft Dry Lease Agreement (Blackstone Inc.), Aircraft Dry Lease Agreement (Blackstone Group Inc), Aircraft Dry Lease Agreement (Blackstone Group Inc)

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