Common use of Representations and Warranties of Operator Clause in Contracts

Representations and Warranties of Operator. Operator hereby represents and warrants to, and covenants with, User that on the date hereof, and at all times during the Service Period: (a) Operator is a corporation duly organized and existing in good standing under the laws of the State of Delaware and is duly authorized to transact business under the laws of all other jurisdictions where the nature of its business requires such authorization. (b) This Agreement constitutes the valid and binding obligations of Operator enforceable against Operator in accordance with its terms. (c) Operator is the registered owner of each Aircraft and has good right to use, possess and control each Aircraft for all purposes of this Agreement. (d) Operator is duly authorized to carry out flights of all Aircraft under a time-sharing arrangement as contemplated by FAR Section 91.501, 14 C.F.R. Section 91.501. (e) Each pilot and co-pilot provided by Operator hereunder shall be duly type-rated for aircraft of the same type as the Aircraft to be operated by them, and shall be properly qualified, tested and trained pursuant to the FAR and current under FAR Section 61.57, 14 C.F.R. Section 61.57.

Appears in 6 contracts

Samples: Aircraft Time Sharing Agreement, Aircraft Time Sharing Agreement (Unum Group), Aircraft Time Sharing Agreement (Unum Group)

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