Common use of Term and Rental Periods Clause in Contracts

Term and Rental Periods. The Term of this Agreement (“Term”) shall commence on the date set forth above, for a period of . Thereafter, this Agreement shall renew on a month-to-month basis. Either Party may terminate this Agreement at any time upon five (5) days written notice to the other Party. 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.

Term and Rental Periods. The Term of this Agreement (“Term”) shall commence on upon delivery of the date set forth aboveAircraft from Bombardier Inc., for a period of one (1) year. Thereafter, this Agreement shall renew on a month-to-month basis. Either Party may terminate this Agreement at any time upon five (5) days written notice to the other Party. 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.

Term and Rental Periods. The Term of this Agreement (“Term”) shall commence on the date set forth aboveupon , for a period of . Thereafter, this Agreement shall renew on a month-to-month basis. Either Party may terminate this Agreement at any time upon five (5) days written notice to the other Party. 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.

Term and Rental Periods. The Term of this Agreement (“Term”) shall commence upon delivery of the Aircraft on the date set forth aboveEffective Date, for a period of one (1) year. Thereafter, this Agreement shall renew on a month-to-month basis. Either Party may terminate this Agreement at any time upon five (5) days written notice to the other Party. 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.