Common use of Term and Rental Periods Clause in Contracts

Term and Rental Periods. The Term of this Agreement (“Term”) shall commence on the Effective Date and shall be effective until the last calendar day of the fifth month following the Effective Date. Lessee may dry lease the Aircraft pursuant to this Agreement for specific periods of time during the Term (“Rental Periods”). No Rental Period shall be for more than thirty (30) days.

Appears in 6 contracts

Samples: Form of Aircraft Dry Lease Agreement (Blackstone Group L.P.), Form of Aircraft Dry Lease Agreement (Blackstone Group L.P.), Aircraft Dry Lease Agreement (Blackstone Group L.P.)

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Term and Rental Periods. The Term of this Agreement (“Term”) shall commence on the Effective Date and shall be effective until the last calendar day of the fifth month following the Effective Date___________________. Lessee may dry lease the Aircraft pursuant to this Agreement for specific periods of time during the Term (“Rental Periods”). No Rental Period shall be for more than thirty (30) days.

Appears in 1 contract

Samples: Form of Aircraft Dry Lease Agreement (Blackstone Group L.P.)

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Term and Rental Periods. The Term of this Agreement (“Term”) shall commence on (the Effective Date Date”) and shall be effective until the last calendar day of the fifth month following the Effective Date. Lessee may dry lease the Aircraft pursuant to this Agreement for specific periods of time during the Term (“Rental Periods”). No Rental Period shall be for more than thirty (30) days.

Appears in 1 contract

Samples: Aircraft Dry Lease Agreement (Blackstone Group Inc)

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