Common use of Repairs and Replacement Clause in Contracts

Repairs and Replacement. If the Aircraft or any part thereof is lost, confiscated, damaged, destroyed or otherwise rendered unfit or unavailable for use after Delivery, Lessor shall not be liable to repair the same or to supply any equipment in substitution therefor.

Appears in 17 contracts

Samples: Aircraft Lease Agreement (Latam Airlines Group S.A.), Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.), Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)

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Repairs and Replacement. If the Aircraft or any part thereof is lost, confiscated, damaged, destroyed or otherwise rendered unfit or unavailable for use on or after Deliverythe Delivery Date, Lessor shall not be liable to repair the same or to supply any equipment in substitution therefor.

Appears in 2 contracts

Samples: Aircraft Lease Agreement (Airlease LTD), Aircraft Lease Agreement (Airlease LTD)

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