Redelivery of Aircraft. On the Redelivery Date, Sublessee shall, unless a Total Loss has occurred, redeliver the Aircraft and the Aircraft Documents to Sublessor at Sublessee's cost and expense at the Redelivery Location. If the Aircraft has been damaged and is being repaired in a timely manner, then the term of the Sublease will be extended and Sublessee's obligations under this Agreement shall continue in full force and effect and during the course of such repair and, so long as no Default or Event of Default shall have occurred and be continuing, the Sublessor will make insurance proceeds available to accomplish such repairs as provided in Clause 22. When the repairs are completed, the Aircraft shall be redelivered to Sublessor. At the time of the redelivery of the Aircraft: (i) the Aircraft shall be free and clear of all Security Interests other than Sublessor Liens; (ii) all maintenance to the Aircraft due for performance on or before the Redelivery Date shall have been completed in accordance with this Agreement; (iii) the Aircraft shall be in compliance with the Return Conditions; (iv) the Aircraft shall comply with such other reasonable requirements as Sublessor may request that Sublessee has had timely notice of and that Sublessor has agreed to pay for; provided, however, that if compliance with Sublessor's request is the sole cause of a delay in the return of the Aircraft beyond the Expiry Date, then Rent shall xxxxx for the period of such delay solely attributable to Sublessee's compliance with Sublessor's request; and (v) any service bulletin kits which are allocated to the Aircraft at no charge by the Manufacturer and not delivered to Sublessor as at the Redelivery Date will be shipped to a location specified by Sublessor at Sublessee's cost.
Appears in 3 contracts
Samples: Aircraft Sublease Agreement (Frontier Airlines Inc /Co/), Aircraft Sublease Agreement (Frontier Airlines Inc /Co/), Aircraft Sublease Agreement (Frontier Airlines Inc /Co/)
Redelivery of Aircraft. On the Redelivery Date, Sublessee Lessee shall, unless a Total Loss has occurred, redeliver the Aircraft and the Aircraft Documents to Sublessor Lessor at SublesseeLessee's cost and expense at the Redelivery Location. If the Aircraft has been damaged and is being repaired in a timely manner, then the term of the Sublease lease will be extended and SublesseeLessee's obligations under this Agreement shall continue in full force and effect and during the course of such repair and, so long as no Default or Event of Default shall have occurred and be continuing, the Sublessor Lessor will make insurance proceeds available to accomplish such repairs as provided in Clause 22. When the repairs are completed, the Aircraft shall be redelivered to SublessorLessor. At the time of the redelivery of the Aircraft:
(i) the Aircraft shall be free and clear of all Security Interests other than Sublessor Lessor Liens;
(ii) all maintenance to the Aircraft due for performance on or before the Redelivery Date shall have been completed in accordance with this Agreement;
(iii) the Aircraft shall be in compliance with the Return Conditions;
(iv) the Aircraft shall comply with such other reasonable requirements as Sublessor Lessor may request that Sublessee Lessee has had timely notice of and that Sublessor Lessor has agreed to pay for; provided, however, that if compliance with SublessorLessor's request is the sole cause of a delay in the return of the Aircraft beyond the Expiry Date, then Rent shall xxxxx for the period of such delay solely attributable to SublesseeLessee's compliance with SublessorLessor's request; and
(v) any service bulletin kits which are allocated to the Aircraft at no charge by the Manufacturer and not delivered to Sublessor Lessor as at the Redelivery Date will be shipped to a location specified by Sublessor Lessor at SublesseeLessee's cost. For the avoidance of doubt, Lessee will not be responsible for any inaccuracy or incompleteness in the Aircraft Documents that pertains to any period prior to Delivery, provided always that the foregoing shall not in any way be construed as a waiver by Lessor of Lessee's obligations to keep, maintain and update the Aircraft Documents during the Lease Term in accordance with the other provisions of this Agreement.
Appears in 2 contracts
Samples: Aircraft Lease Agreement (Frontier Airlines Inc /Co/), Aircraft Lease Agreement (Frontier Airlines Inc /Co/)