Common use of Renewal Notice Clause in Contracts

Renewal Notice. (a) If Lessee has given a Preliminary Notice, as specified in ss. 17.1, and subject to the terms and conditions of this ss. 17.2, Lessee may exercise its option to extend the leasing of the Aircraft hereunder until the following Scheduled Expiration Date, on the same terms (except as contemplated by this ss. 17) as in the Lessee Operative Agreements with respect to the Base Term, by delivering a notice (a "RENEWAL NOTICE") to Lessor not less than 30 days before the Scheduled Expiration Date.

Appears in 2 contracts

Samples: Participation Agreement (Amtran Inc), Lease Agreement (Amtran Inc)

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Renewal Notice. (a) If Lessee has given a Preliminary Notice, as specified in ss. 17.1, and subject to the terms and anD conditions of this ss. 17.2, Lessee may exercise its option to extend the leasing of the Aircraft hereunder until untiL the following Scheduled Expiration Date, on the same terms (except as contemplated by this ss. 17) as in the Lessee LesseE Operative Agreements with respect to the Base Term, by delivering a notice (a "RENEWAL NOTICE") to Lessor not less than 30 days before the Scheduled Expiration Date.

Appears in 2 contracts

Samples: Participation Agreement (Amtran Inc), Lease Agreement (Amtran Inc)

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