Return of Aircraft and Records. At the expiration of each Lease Term all payments due under the Lease Agreement shall have been paid in full. Lessee shall return the Aircraft and their accompanying technical records at its sole expense to Lessor to Springfield, Missouri (KSGF Airport) (the “Redelivery Location”) or such other location as directed by Xxxxxx. If Lessor directs Lessee to return the Aircraft to a location other than the Redelivery Location, Lessor will reimburse Lessee for the difference in Lessee’s actual costs of operating the Aircraft to such other location against those anticipated for operating the aircraft to KSGF. The Lessee shall return to Lessor all records, logs and other documents required to be maintained in respect of the Aircraft (including manufacturer’s Service Bulletins, Airworthiness Directives and similar orders to the extent that such orders require compliance by Lessee as an operator in accordance with the fleet policy of Lessee) required by the aviation regulator of the Lessee’s country of certification. Such records shall be properly sorted and organized and completely in the English Language. Additionally, the Aircraft shall be in a configuration and condition suitable for operating in regularly scheduled commercial service under US Federal Aviation Regulations (FAR) Part 135 commercial operations. And shall further satisfy all the following minimum conditions (the “Mandatory Conditions”):
Appears in 4 contracts
Samples: Master Agreement (Surf Air Mobility Inc.), Master Agreement (Surf Air Mobility Inc.), Master Agreement (Surf Air Mobility Inc.)
