Common use of Storage and Related Matters Clause in Contracts

Storage and Related Matters. If Lessor gives written notice to Lessee, not less than 30 days nor more than 120 days before the end of the Term, requesting storage of the Aircraft upon its return hereunder, Lessee will provide Lessor (or cause Lessor to be provided) with outdoor parking facilities for the Aircraft for a period up to 180 days, starting on the date of such return, at Mojave, California or Marana, Arizona or Victorville, California, as Lessor may specify, or if Lessor elects not to store the Aircraft at any of such locations, then the Aircraft shall be stored at such storage facility in the 48 contiguous states of the United States as Lessee may select and which is used as a location for the storage of large commercial aircraft. At Lessor’s written request, Lessee shall maintain insurance (if available) for the Aircraft during such storage period, provided, that Lessor shall reimburse Lessee for Lessee’s actual incremental out-of-pocket cost of providing such insurance for any period following the initial 90 days of such storage period. Such storage shall be at Lessor’s risk, and Lessor *** Material has been omitted pursuant to a request for confidential treatment and filed separately with the SEC shall pay all applicable storage fees, except that Lessee shall pay the parking fees for the initial 90 days of such storage period; provided, that Lessee’s obligation to provide parking shall be subject to Lessor’s entering into an agreement with the storage facility, before the storage period begins, providing that, as between the storage facility, Lessee, and Lessor, Lessor shall bear all maintenance charges (other than maintenance required as a result of Lessee’s failure to comply with the provisions of Annex B hereto) and other costs incurred (other than parking fees for the initial 90 days of such storage period). In addition, upon the return of the Aircraft, Lessor shall have no obligation with respect to the amount of any fuel or oil contained in the fuel or oil tanks of the Aircraft, it being agreed, however, that Lessee shall not be obligated to return the Aircraft with any fuel or oil other than as required pursuant to § 7(13) of Annex B.

Appears in 1 contract

Samples: Lease Agreement (Hawaiian Holdings Inc)

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Storage and Related Matters. If Lessor gives written notice to Lessee, not less than 30 days nor more than 120 days before the end of the Term, requesting storage of the Aircraft upon its return hereunder, Lessee will provide Lessor (or cause Lessor to be provided) with outdoor parking facilities for the Aircraft for a period up to 180 days, starting on the date of such return, at Mojave, California or Marana, Arizona or Victorville, California, as Lessor may specify, or if Lessor elects not to store the Aircraft at any of such locations, then the Aircraft shall be stored at such storage facility in the 48 contiguous states of the United States as Lessee may select and which is used as a location for the storage of large commercial aircraft. At Lessor’s written request, Lessee shall maintain [**] — Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission. insurance (if available) for the Aircraft during such storage period, provided, that Lessor shall reimburse Lessee for Lessee’s actual incremental out-of-pocket cost of providing such insurance for any period following the initial 90 days of such storage period. Such storage shall be at Lessor’s risk, and Lessor *** Material has been omitted pursuant to a request for confidential treatment and filed separately with the SEC shall pay all applicable storage fees, except that Lessee shall pay the parking fees for the initial 90 days of such storage period; provided, that Lessee’s obligation to provide parking shall be subject to Lessor’s entering into an agreement with the storage facility, before the storage period begins, providing that, as between the storage facility, Lessee, and Lessor, Lessor shall bear all maintenance charges (other than maintenance required as a result of Lessee’s failure to comply with the provisions of Annex B hereto) and other costs incurred (other than parking fees for the initial 90 days of such storage period). In addition, upon the return of the Aircraft, Lessor shall have no obligation with respect to the amount of any fuel or oil contained in the fuel or oil tanks of the Aircraft, it being agreed, however, that Lessee shall not be obligated to return the Aircraft with any fuel or oil other than as required pursuant to § 7(13) of Annex B.

Appears in 1 contract

Samples: Lease Agreement (Hawaiian Holdings Inc)

Storage and Related Matters. If Lessor gives written notice to Lessee, not less than 30 days nor more than 120 days before the end of the Term, requesting storage of the Aircraft upon its return hereunder, Lessee will provide Lessor (or cause Lessor to be provided) with outdoor parking facilities for the Aircraft for a period up to 180 days, starting on the date of such return, at Mojave, California or Marana, Arizona or Victorville, California, as Lessor may specify, or if Lessor elects not to store the Aircraft at any of such locations, then the Aircraft shall be stored at such storage facility in the 48 contiguous states of the United States as Lessee may select and which is used as a location for the storage of large commercial aircraft. At Lessor’s written request, Lessee shall maintain insurance (if available) for the Aircraft during such storage period, provided, that Lessor shall reimburse Lessee for Lessee’s actual incremental out-of-pocket cost of providing such insurance for any period following the initial 90 days of such storage period. Such storage shall be at Lessor’s risk, and Lessor *** Material has been omitted pursuant to a request for confidential treatment and filed separately with the SEC shall pay all applicable storage fees, except that Lessee shall pay the parking fees for the initial 90 days of such storage period; provided, that Lessee’s obligation to provide parking shall be subject to Lessor’s entering into an agreement with the storage facility, before the storage period begins, providing that, as between the storage facility, Lessee, and Lessor, Lessor shall bear all maintenance charges (other than maintenance required as a result of Lessee’s failure to comply with the provisions of Annex B hereto) and other costs incurred (other than parking fees for the initial 90 days of such storage period). In addition, upon the return of the Aircraft, Lessor shall have no obligation with respect to the amount of any fuel or oil contained in the fuel or oil tanks of the Aircraft, it being agreed, however, that Lessee shall not be obligated to return the Aircraft with any fuel or oil other than as required pursuant to § 7(13) of Annex B.

Appears in 1 contract

Samples: Lease Agreement (Hawaiian Holdings Inc)

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Storage and Related Matters. If Lessee receives from Lessor gives a written notice to Lessee, not less than 30 days nor more than 120 days before the end of the Term, requesting request for storage of the Aircraft upon its return hereunder, Lessee will promptly (and in any event within ten (10) days following such request) provide Lessor (Lessor, or cause Lessor to be provided) , with outdoor parking storage facilities for the Aircraft for a period up to 180 not exceeding one hundred eighty (180) days, starting commencing on the date of such return, at Mojave, California or Marana, Arizona or Victorville, CaliforniaArizona, as Lessor may specify, or if Lessor elects not to store the Aircraft at any either of such locations, then the Aircraft shall be stored at such storage facility in the 48 contiguous states of the United States as Lessee may select and which is used as a location for the storage of large commercial aircraft. At Lessee shall, at Lessor’s 's written request, Lessee shall maintain insurance (if available) for the Aircraft during such storage period, provided, that Lessor shall reimburse Lessee for Lessee’s actual incremental out-of-pocket cost of providing such insurance for any period following the initial 90 days of such storage period. Such storage shall be at Lessor’s risk's risk (subject to Lessee's insurance obligations, and Lessor *** Material has been omitted pursuant to a request for confidential treatment and filed separately with the SEC as aforesaid); provided that Lessee shall pay all applicable storage fees, except that Lessee shall pay the parking fees for the initial 90 days of such storage period; provided, and provided further that Lessee’s 's obligation to provide parking storage shall be subject to Lessor’s Lessor entering into an agreement prior to the commencement of the storage period with the storage facilityfacility which agreement shall provide, before the storage period beginsamong other things, providing that, as between the storage facility, Lessee, and Lessor, that Lessor shall bear all maintenance charges (other than maintenance required as a result of Lessee’s 's failure to comply with the provisions of Annex B hereto) and other costs all storage fees incurred (other than parking fees for after the initial 90 days of such 180 day storage period). In addition, upon the return of the Aircraft, Lessor shall have no obligation with respect to the amount of any fuel or oil contained in the fuel or oil tanks of the Aircraft, it being agreed, however, that Lessee shall not be obligated to return the Aircraft with any fuel or oil other than as required pursuant to § 7(13) of Annex B..

Appears in 1 contract

Samples: Note Purchase Agreement (Continental Airlines Inc /De/)

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