Common use of TERM OF THE SERVICE AGREEMENT Clause in Contracts

TERM OF THE SERVICE AGREEMENT. This Service Agreement will commence on the date of execution of this Service Agreement, (the “Commencement Date”). Each Engine will be covered by this Service Agreement for the period beginning on the delivery date of such Engine to AVIANCATACA and covered for a period of fifteen (15) years, as specified in Exhibit B. [*].

Appears in 2 contracts

Samples: Rate Per Flight Hour Agreement (Avianca Holdings S.A.), Rate Per Flight Hour Agreement (Avianca Holdings S.A.)

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TERM OF THE SERVICE AGREEMENT. This Service Agreement will commence on the date of execution of this Service Agreement, (the “Commencement Date”). Each Engine will be covered by this Service Agreement for the period beginning on the delivery date of such Engine to AVIANCATACA and covered for a period of fifteen (15) years, as specified in Exhibit B. This Service Agreement will continue, unless sooner terminated, for a period ending on the earlier to occur of the completion of the coverage period described above or [*]] (the “Term”).

Appears in 2 contracts

Samples: Rate Per Flight Hour Agreement (Avianca Holdings S.A.), Rate Per Flight Hour Agreement (Avianca Holdings S.A.)

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