Common use of Remaining Time Clause in Contracts

Remaining Time. If, at the time of return of the Aircraft, the Airframe is not being maintained under a continuous maintenance program, then the Airframe shall have remaining until the next scheduled "C" check at least 25% of the allowable hours between "C" checks permitted under the Lessee's FAA-approved maintenance program (or other permitted maintenance program). If, at the time of return of the Aircraft, the Engines or engines are not being maintained under an on-condition maintenance program, then the average number of hours of operation on such Engines or engines remaining until the next scheduled engine heavy maintenance visit under the Lessee's FAA-approved maintenance program (or other permitted maintenance program) shall be at least 25% of the allowable hours between engine heavy maintenance visits. With respect to maintenance under the Lessee's FAA-approved maintenance program, the Lessee shall have treated the Aircraft in a nondiscriminatory manner with other Airbus A300-600 series aircraft in the Lessee's fleet, and the Aircraft shall be free and clear of all Liens and rights of others other than Lessor's Liens and shall be in compliance in every material respect with the Lessee's FAA-approved maintenance program as if the Term were not ending.

Remaining Time. If, at the time of return of the Aircraft, the Airframe is not being maintained under a continuous maintenance program, then the Airframe shall have remaining until the next scheduled "C" check at least 25% of the allowable hours between "C" checks permitted under the Lessee's FAA-approved maintenance program (or other permitted maintenance program). If, at the time of return of the Aircraft, the Engines or engines are not being maintained under an on-condition maintenance program, then the average number of hours of operation on such Engines or engines remaining until the next scheduled engine heavy maintenance visit under the Lessee's FAA-approved maintenance program (or other permitted maintenance program) shall be at least 25% of the allowable hours between engine heavy maintenance visits. With respect to maintenance under the Lessee's FAA-approved maintenance program, the Lessee shall have treated the Aircraft in a nondiscriminatory manner with other Airbus A300-600 series aircraft in the Lessee's fleet, and the Aircraft shall be free and clear of all Liens and rights of others other than Lessor's Liens and shall be in compliance in every material respect with the Lessee's FAA-approved maintenance program as if the Term were not ending. Section 12.05. [Reserved].