Returning an Aircraft Clause Samples
The 'Returning an Aircraft' clause defines the obligations and procedures for a lessee to return an aircraft to the lessor at the end of a lease term. It typically outlines the required condition of the aircraft, such as maintenance standards, documentation, and any necessary repairs or inspections that must be completed prior to return. This clause ensures that the aircraft is returned in a condition that meets the lessor's expectations, thereby protecting the lessor's asset and minimizing disputes over the aircraft's state at the end of the lease.
Returning an Aircraft. 9.1 Conditions. An aircraft may be returned to Boeing’s facilities for Correction only if:
(i) Boeing and Customer agree a covered defect exists;
(ii) Customer lacks access to adequate facilities, equipment or qualified personnel to perform the Correction; and
(iii) it is not practical, in Boeing’s estimation, to dispatch Boeing personnel to perform the Correction at a remote site.
Returning an Aircraft. An aircraft may be returned to Boeing's facilities for Correction only if:
Returning an Aircraft