Common use of Representation and Warranty of Lessee Clause in Contracts

Representation and Warranty of Lessee. Lessee hereby represents and warrants that (a) all airworthiness directives affecting the Aircraft have been complied with; (b) no accident involving the Aircraft, or other damage to the Aircraft, has occurred that would affect the market value of the Aircraft; and (c) the Aircraft has been maintained in accordance with a maintenance program approved by the U.S. Federal Aviation Administration and in accordance with accepted industry standards.

Appears in 3 contracts

Samples: Lease Agreement (Midway Airlines Corp), Lease Agreement (Midway Airlines Corp), Lease Agreement (Midway Airlines Corp)

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Representation and Warranty of Lessee. Lessee hereby represents and warrants that (a) all airworthiness directives affecting the Aircraft have been complied with; (b) no accident involving the Aircraft, or other damage to the Aircraft, has occurred that would affect the market value of the Aircraft; and (c) the Aircraft Aircraft' has been maintained in accordance with a maintenance program approved by the U.S. Federal Aviation Administration and in accordance with accepted industry standards.

Appears in 1 contract

Samples: Lease Agreement (Midway Airlines Corp)

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