Common use of TERMINATING ACTION Clause in Contracts

TERMINATING ACTION. Lessee shall perform all deferred and carryover maintenance items and clear all pilot discrepancies with respect to the Aircraft on a terminating action basis. All airworthiness directives issued during the Term by the FAA, all changes required by any amendments or changes to the FAR's during the Term, and all alert service bulletins or service bulletins that are mandated by airworthiness directives issued during the Term by a manufacturer or vendor applicable to the Equipment having a date for compliance that falls on or prior to twelve (12) months or 3,000 Flight Hours or Cycles, as the case may be, after the expiration of the Term (or return of the Aircraft, if later) shall be accomplished in compliance with the issuing entity's specific instructions without regard to any alternate means of compliance, waiver or operator exemptions delaying compliance. Without limiting the foregoing, any airworthiness directives, FAR's or manufacturer's or vendor's alert service bulletins or service bulletins that are mandated by airworthiness directives issued during the Term which allow temporary compliance by inspection or other action (other than by terminating action) but require terminating compliance on or prior to twelve (12) months or 3,000 Flight Hours or Cycles, as the case may be, after the expiration of the Term (or return of the Aircraft, if later) shall have such terminating compliance complete prior to return, and all manufacturer's and vendor's service bulletins issued during the Term which are rendered mandatory by the Manufacturer's then current ETOPS Compliance Configuration and Maintenance Procedures Guide and which require a repetitive inspection, modification or terminating compliance on or prior to twelve (12) months or 3,000 Flight Hours or Cycles, as the case may be, after the expiration of the Term (or return of the Aircraft, if later) shall have such inspection, modification or terminating compliance completed at the highest level of compliance possible prior to return. Without limiting the foregoing, the Aircraft shall be in full compliance with the Manufacturer's then current ETOPS Compliance Configuration and Maintenance Procedures Document for 120 (or, if applicable, 180) minutes ETOPS operation. The Aircraft shall also be in compliance with the Manufacturer's SSI, SSID, Corrosion Prevention and Control and Aging Aircraft Programs, and shall comply with United States and ICAO (to the extent applicable to aircraft operated in the United States) noise and environmental regulations.

TERMINATING ACTION. Lessee shall perform all deferred and carryover maintenance items and clear all pilot discrepancies with respect to the Aircraft on a terminating action basis. All airworthiness directives issued during the Term by the FAAAeronautics Authority, all changes required by any amendments or changes to the FAR's during the Term's, and all manufacturer's or vendor's mandatory or alert service bulletins or service bulletins that are mandated by airworthiness directives issued during the Term by a manufacturer or vendor and applicable to the Equipment having a date for compliance that falls on or prior to twelve six (126) months or 3,000 4,000 Flight Hours or 1,000 Cycles, as the case may be, after the expiration of the Term (or return of the Aircraft, if later) shall be accomplished in compliance with the issuing entity's specific instructions without regard to any alternate means of compliance, waiver or operator exemptions delaying compliance. Without limiting the foregoing, any airworthiness directives, FAR's or manufacturer's or vendor's mandatory or alert service bulletins or service bulletins that are mandated by airworthiness directives issued during the Term which allow temporary compliance by inspection or other action (other than by terminating action) but require terminating compliance on or prior to twelve six (126) months or 3,000 4,000 Flight Hours or 1,000 Cycles, as the case may be, after the expiration of the Term (or return of the Aircraft, if later) shall have such terminating compliance complete prior to return, and all manufacturer's and vendor's service bulletins issued during the Term which are rendered mandatory by the Manufacturer's then current ETOPS Compliance Configuration and Maintenance Procedures Guide and which require a repetitive inspection, modification or terminating compliance on or prior to twelve six (126) months or 3,000 4,000 Flight Hours or 1,000 Cycles, as the case may be, after the expiration of the Term (or return of the Aircraft, if later) shall have such inspection, modification or terminating compliance completed at the highest level of compliance possible prior to return. Without limiting the foregoing, the Aircraft shall be in full compliance with the Manufacturer's then current ETOPS Compliance Configuration and Maintenance Procedures Document for 120 (or, if applicable, 180) minutes ETOPS operation. The Aircraft shall also be in compliance with the Manufacturer's SSI, SSD, SSID, Corrosion Prevention and Control and Aging Aircraft Programs, and shall comply with United States and ICAO (to the extent applicable to aircraft operated in the United States) noise and environmental regulations.

TERMINATING ACTION. Lessee shall perform all deferred and carryover maintenance items and clear all pilot discrepancies with respect to the Aircraft on a terminating action basis. All airworthiness directives issued during by either the Term by the FAA, FAA or EASA and all changes required by any amendments or changes to the FAR's during the Term, and all alert service bulletins ’s or service bulletins that are mandated by airworthiness directives issued during the Term by a manufacturer or vendor EASA requirements applicable to the Equipment and having a date for compliance that falls on or prior to twelve 6,000 Flight Hours, 3,000 Cycles or eighteen (1218) months or 3,000 Flight Hours or Cyclesmonths, as the case may be, after the expiration of the Term (or return of the Aircraft, if later) shall be accomplished in compliance with the issuing entity's ’s specific instructions without regard to any alternate means of compliance, waiver or operator exemptions delaying compliance. Without limiting the foregoing, any airworthiness directives, FAR's or manufacturer's or vendor's alert service bulletins or service bulletins that are mandated by such airworthiness directives issued during the Term or FAA or EASA requirements which allow temporary compliance by require inspection or other terminating action (other than by terminating action) but require terminating compliance to be taken on or prior to twelve 6,000 Flight Hours, 3,000 Cycles or eighteen (1218) months or 3,000 Flight Hours or Cyclesmonths, as the case may be, after the expiration of the Term (or return of the Aircraft, if later) shall have such been accomplished on a terminating action basis. If there is no terminating action, then the required inspection or modification compliance complete shall be completed at the highest level of compliance possible prior to return, ; and all manufacturer's ’s and vendor's ’s service bulletins issued during the Term which are rendered mandatory by the Manufacturer's ’s then current ETOPS Compliance Configuration and Maintenance Procedures Guide and which require a repetitive inspection, modification or terminating compliance on or prior to twelve 6,000 Flight Hours, 3,000 Cycles or eighteen (1218) months or 3,000 Flight Hours or Cyclesmonths, as the case may be, after the expiration of the Term (or return of the Aircraft, if later) shall have such inspection, modification or terminating compliance completed at the highest level of compliance possible prior to return. Without limiting the foregoing, the Aircraft shall be in full compliance *** Material has been omitted pursuant to a request for confidential treatment and filed separately with the Manufacturer's then current ETOPS Compliance Configuration and Maintenance Procedures Document for 120 (or, if applicable, 180) minutes ETOPS operation. The Aircraft shall also be in compliance with the Manufacturer's SSI, SSID, Corrosion Prevention and Control and Aging Aircraft Programs, and shall comply with United States and ICAO (to the extent applicable to aircraft operated in the United States) noise and environmental regulations.SEC