Common use of SURRENDERS Clause in Contracts

SURRENDERS. If an FAA TSO Authorization holder, FAA Letter of Design Approval holder, or a ETSO Authorization holder elects to surrender the TSO/ETSO approval issued by the FAA or EASA, the FAA or EASA shall immediately notify the other in writing of the action. The exporting authority shall inform the importing authority when an unsafe condition has been identified, until such time as the TSO/ETSO approval is formally withdrawn by the exporting authority.

SURRENDERS. If an FAA TSO Authorization holder, FAA or Letter of Design Approval holder, or a ETSO Authorization DGCA ITSOA holder elects to surrender the TSO/ETSO TSO approval issued by the FAA or EASAthe DGCA respectively, as exporting authorities, the FAA or EASA shall the DGCA will immediately notify the other in writing of the action. The exporting authority shall inform accomplish all actions necessary to ensure continued airworthiness of the importing authority when an unsafe condition has been identifiedarticle, until such time as the TSO/ETSO TSO approval is formally withdrawn by the exporting authority.

SURRENDERS. If an FAA TSO Authorization holder, FAA or Letter of Design Approval holder, or a ETSO Authorization CAAI APA holder elects to surrender the TSO/ETSO TSO or APA approval issued by the FAA or EASACAAI respectively, as exporting authorities, the FAA or EASA shall CAAI will immediately notify the other in writing of the action. The exporting authority shall inform accomplish all actions necessary to ensure continued airworthiness of the importing authority when an unsafe condition has been identifiedproduct, until such time as the TSO/ETSO TSO approval is formally withdrawn by the exporting authority.