Common use of TRUTH IN LEASING Clause in Contracts

TRUTH IN LEASING. TRUTH IN LEASING STATEMENT UNDER SECTION 91.23 OF THE FEDERAL AVIATION REGULATIONS: (a) LESSOR HEREBY CERTIFIES THAT THE AIRCRAFT HAS BEEN MAINTAINED AND INSPECTED UNDER FAR PART 91 DURING THE 12-MONTH PERIOD PRECEDING THE DATE OF EXECUTION OF THIS LEASE. THE AIRCRAFT WILL BE MAINTAINED AND INSPECTED UNDER FAR PART 91 FOR ALL OPERATIONS TO BE CONDUCTED DURING LEASE PERIODS UNDER THIS LEASE. (b) LESSEE HEREBY CERTIFIES THAT IT IS RESPONSIBLE FOR OPERATIONAL CONTROL OF THE AIRCRAFT DURING ALL LEASE PERIODS UNDER THIS LEASE. (c) EACH OF LESSOR AND LESSEE CERTIFIES THAT IT UNDERSTANDS ITS RESPONSIBILITIES FOR COMPLIANCE WITH APPLICABLE FEDERAL AVIATION REGULATIONS. (d) EACH OF LESSOR AND LESSEE UNDERSTANDS THAT AN EXPLANATION OF THE FACTORS BEARING ON OPERATIONAL CONTROL AND THE PERTINENT FEDERAL AVIATION REGULATIONS CAN BE OBTAINED FROM THE NEAREST FAA FLIGHT STANDARDS DISTRICT OFFICE. Instructions for Compliance with “Truth In Leasing” Requirements are attached hereto as Schedule 2.

Appears in 6 contracts

Samples: Aircraft Dry Lease Agreement (MSG Entertainment Spinco, Inc.), Aircraft Dry Lease Agreement (MSG Entertainment Spinco, Inc.), Aircraft Dry Lease Agreement (Madison Square Garden Co)

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TRUTH IN LEASING. TRUTH IN LEASING STATEMENT UNDER SECTION 91.23 OF THE FEDERAL AVIATION REGULATIONS: (a) LESSOR HEREBY CERTIFIES THAT 10.1 Truth-in-Leasing. THE AIRCRAFT SUBJECT TO THIS TIME SHARING AGREEMENT HAS BEEN MAINTAINED AND INSPECTED UNDER FAR IN ACCORDANCE WITH PART 91 OF THE FEDERAL AVIATION REGULATIONS DURING THE TWELVE (12-MONTH PERIOD ) MONTHS PRECEDING THE EFFECTIVE DATE HEREOF AND THE PARTIES HERETO CERTIFY THAT FOR THE PURPOSES OF EXECUTION OF THIS LEASE. THE AIRCRAFT WILL BE MAINTAINED AND INSPECTED UNDER FAR PART 91 FOR ALL OPERATIONS OPERATION TO BE CONDUCTED DURING LEASE PERIODS UNDER PURSUANT TO THIS LEASE. (b) LESSEE HEREBY CERTIFIES THAT IT AGREEMENT THE AIRCRAFT IS IN FULL COMPLIANCE WITH THE APPLICABLE MAINTENANCE AND INSPECTION REQUIREMENTS OF SAID PART 91. THE NAME AND ADDRESS OF THE PARTY RESPONSIBLE FOR THE OPERATIONAL CONTROL OF THE AIRCRAFT DURING ALL LEASE PERIODS UNDER FOR THE TERM OF THIS LEASEAGREEMENT IS CONSOL ENERGY INC. (c) EACH OF LESSOR , 0000 XXXXXXXXXX XXXX, XXXXXXXXXX, XXXXXXXXXXXX 00000 AND LESSEE SAID PARTY HEREBY CERTIFIES THAT IT UNDERSTANDS ITS RESPONSIBILITIES FOR COMPLIANCE RESPONSIBILITY TO COMPLY WITH APPLICABLE FEDERAL AVIATION REGULATIONS. (d) EACH OF LESSOR AND LESSEE UNDERSTANDS THAT . AN EXPLANATION OF THE FACTORS BEARING ON OPERATIONAL CONTROL AND THE PERTINENT FEDERAL AVIATION REGULATIONS CAN BE OBTAINED FROM THE NEAREST FAA FEDERAL AVIATION ADMINISTRATION FLIGHT STANDARDS DISTRICT OFFICE. Instructions for Compliance with “Truth In Leasing” Requirements are attached hereto as Schedule 2.

Appears in 2 contracts

Samples: Time Sharing Agreement (Consol Energy Inc), Time Sharing Agreement (Consol Energy Inc)

TRUTH IN LEASING. TRUTH IN LEASING STATEMENT UNDER SECTION 91.23 OF THE FEDERAL AVIATION REGULATIONS: (a) LESSOR HEREBY CERTIFIES THAT 10.1 Truth-in-Leasing. THE AIRCRAFT SUBJECT TO THIS TIME SHARING AGREEMENT HAS BEEN MAINTAINED AND INSPECTED UNDER FAR IN ACCORDANCE WITH PART 91 OF THE FEDERAL AVIATION REGULATIONS DURING THE TWELVE (12-MONTH PERIOD ) MONTHS PRECEDING THE EFFECTIVE DATE HEREOF AND THE OWNER HERETO CERTIFY THAT FOR THE PURPOSES OF EXECUTION OF THIS LEASE. THE AIRCRAFT WILL BE MAINTAINED AND INSPECTED UNDER FAR PART 91 FOR ALL OPERATIONS OPERATION TO BE CONDUCTED DURING LEASE PERIODS UNDER PURSUANT TO THIS LEASE. (b) LESSEE HEREBY CERTIFIES THAT IT AGREEMENT THE AIRCRAFT IS IN FULL COMPLIANCE WITH THE APPLICABLE MAINTENANCE AND INSPECTION REQUIREMENTS OF SAID PART 91. THE NAME AND ADDRESS OF THE PARTY RESPONSIBLE FOR THE OPERATIONAL CONTROL OF THE AIRCRAFT DURING ALL LEASE PERIODS UNDER FOR THE TERM OF THIS LEASEAGREEMENT IS MOTOROLA, INC. (c) EACH OF LESSOR , 0000 XXXX XXXXXXXXX XXXX, XXXXXXXXXX, ILLINOIS 60196 AND LESSEE SAID PARTY HEREBY CERTIFIES THAT IT UNDERSTANDS ITS RESPONSIBILITIES FOR COMPLIANCE RESPONSIBILITY TO COMPLY WITH APPLICABLE FEDERAL AVIATION REGULATIONS. (d) EACH OF LESSOR AND LESSEE UNDERSTANDS THAT . AN EXPLANATION OF THE FACTORS BEARING ON OPERATIONAL CONTROL AND THE PERTINENT FEDERAL AVIATION REGULATIONS CAN BE OBTAINED FROM THE NEAREST FAA FEDERAL AVIATION ADMINISTRATION FLIGHT STANDARDS DISTRICT OFFICE. Instructions for Compliance with “Truth In Leasing” Requirements are attached hereto as Schedule 2.

Appears in 2 contracts

Samples: Aircraft Time Sharing Agreement (Motorola Inc), Aircraft Time Sharing Agreement (Motorola Inc)

TRUTH IN LEASING. TRUTH IN LEASING STATEMENT UNDER SECTION 91.23 OF THE FEDERAL AVIATION REGULATIONS: (a) LESSOR HEREBY CERTIFIES LESSEE HAS REVIEWED THE AIRCRAFT'S MAINTENANCE AND OPERATING LOGS SINCE ITS DATE OF MANUFACTURE AND HAS FOUND THAT THE AIRCRAFT HAS BEEN MAINTAINED AND INSPECTED UNDER FAR PART 91 DURING OF THE 12-MONTH PERIOD PRECEDING THE DATE OF EXECUTION OF THIS LEASEFEDERAL AVIATION REGULATIONS. LESSEE CERTIFIES THAT THE AIRCRAFT WILL BE MAINTAINED PRESENTLY COMPLIES WITH THE APPLICABLE MAINTENANCE AND INSPECTED UNDER FAR INSPECTION REQUIREMENTS OF PART 91 FOR ALL OPERATIONS TO BE CONDUCTED DURING LEASE PERIODS UNDER THIS LEASEOF THE FEDERAL AVIATION REGULATIONS. (b) LESSEE HEREBY CERTIFIES THAT IT LESSEE, AND NOT LESSOR, IS RESPONSIBLE FOR OPERATIONAL CONTROL OF THE AIRCRAFT DURING ALL LEASE PERIODS UNDER THIS LEASE. (c) EACH OF LESSOR AND LEASE DURING THE TERM HEREOF. LESSEE FURTHER CERTIFIES THAT IT LESSEE UNDERSTANDS ITS RESPONSIBILITIES RESPONSIBILITY FOR COMPLIANCE WITH APPLICABLE FEDERAL AVIATION REGULATIONS. (dc) EACH LESSEE CERTIFIES THAT THE AIRCRAFT WILL BE MAINTAINED AND INSPECTED UNDER PART 91 OF LESSOR AND THE FEDERAL AVIATION REGULATIONS FOR OPERATIONS TO BE CONDUCTED UNDER THIS LEASE. LESSEE UNDERSTANDS THAT AN EXPLANATION OF THE FACTORS BEARING ON OPERATIONAL CONTROL AND THE PERTINENT FEDERAL AVIATION REGULATIONS CAN BE OBTAINED FROM THE NEAREST FAA FLIGHT STANDARDS DISTRICT OFFICE. Instructions for Compliance with “Truth In Leasing” Requirements are attached hereto as Schedule 2, GENERAL AVIATION DISTRICT OFFICE, OR AIR CARRIER DISTRICT OFFICE.

Appears in 2 contracts

Samples: Aircraft Lease Agreement (Mandalay Resort Group), Aircraft Lease Agreement (Service Merchandise Co Inc)

TRUTH IN LEASING. TRUTH IN LEASING STATEMENT LESSEE REPRESENTS AND WARRANTS THAT IT IS AN AIR CARRIER, CERTIFICATED UNDER SECTION 91.23 OF THE FEDERAL AVIATION REGULATIONS: (a) LESSOR HEREBY ACT OF 1958, AS AMENDED, AND THAT THIS LEASE, ANY LEASE SCHEDULE THERETO, AND ANY RENEWAL SCHEDULE THEREOF IS EXCEPTED FROM THE FAA TRUTH-IN-LEASING REQUIREMENTS. THE LESSEE CERTIFIES THAT THE AIRCRAFT HAS BEEN MAINTAINED LESSEE, AND INSPECTED UNDER FAR PART 91 DURING NOT THE 12-MONTH PERIOD PRECEDING THE DATE OF EXECUTION OF THIS LEASE. THE AIRCRAFT WILL BE MAINTAINED AND INSPECTED UNDER FAR PART 91 FOR ALL OPERATIONS TO BE CONDUCTED DURING LEASE PERIODS UNDER THIS LEASE. (b) LESSEE HEREBY CERTIFIES THAT IT LESSOR, IS RESPONSIBLE FOR OPERATIONAL CONTROL OF THE AIRCRAFT DURING ALL LEASE PERIODS UNDER THIS LEASE. (c) EACH OF LESSOR AND LEASE DURING THE TERM HEREOF. THE LESSEE FURTHER CERTIFIES THAT IT THE LESSEE UNDERSTANDS ITS RESPONSIBILITIES FOR COMPLIANCE WITH APPLICABLE FEDERAL AVIATION REGULATIONS. (d) EACH . THE LESSEE FURTHER CERTIFIES THAT THE AIRCRAFT WILL BE MAINTAINED AND INSPECTED UNDER PART 121 OF LESSOR AND THE FEDERAL AVIATION REGULATIONS FOR OPERATIONS TO BE CONDUCTED UNDER THIS LEASE. THE LESSEE UNDERSTANDS THAT AN EXPLANATION OF THE FACTORS BEARING ON OPERATIONAL CONTROL AND THE PERTINENT FEDERAL AVIATION FAA REGULATIONS CAN BE OBTAINED FROM THE NEAREST FAA FLIGHT STANDARDS DISTRICT OFFICE. Instructions for Compliance with “Truth In Leasing” Requirements are attached hereto as Schedule 2.

Appears in 2 contracts

Samples: Aircraft Lease Agreement (American Income Fund I-A), Aircraft Lease Agreement (American Income Partners v a LTD Partnership)

TRUTH IN LEASING. 13.1 THE PURPOSE OF THIS PROVISION IS TO COMPLY WITH 14 CODE OF FEDERAL REGULATIONS PART 91.23 ENTITLED “TRUTH IN LEASING STATEMENT UNDER SECTION 91.23 OF THE FEDERAL AVIATION REGULATIONS:LEASING”. (a) LESSOR HEREBY OWNER CERTIFIES THAT THE AIRCRAFT HAS BEEN INSPECTED AND MAINTAINED IN ACCORDANCE WITH THE PROVISIONS OF THE FEDERAL AVIATION REGULATIONS (“FAR”), PART 135 AND INSPECTED UNDER FAR PART 91 ALL APPLICABLE REQUIREMENTS FOR THE MAINTENANCE AND INSPECTION THEREUNDER HAVE BEEN MET DURING SUCH PORTION OF THE 12-12 MONTH PERIOD PRECEDING THE DATE OF EXECUTION OF THIS LEASE. AGREEMENT AS THE AIRCRAFT HAS BEEN OWNED BY THE OWNER. (b) LESSEE CERTIFIES THAT THE AIRCRAFT WILL BE MAINTAINED AND INSPECTED UNDER FAR PART 91 FOR ALL OPERATIONS TO BE CONDUCTED DURING LEASE PERIODS UNDER THIS LEASEAGREEMENT. (bc) LESSEE HEREBY UNDERSTANDS AND CERTIFIES THAT IT IS RESPONSIBLE FOR OPERATIONAL CONTROL OF THE AIRCRAFT DURING ALL LEASE PERIODS UNDER WHEN THE AIRCRAFT IS OPERATED PURSUANT TO THIS LEASE. (c) EACH OF LESSOR AGREEMENT; AND LESSEE CERTIFIES THAT IT UNDERSTANDS ITS RESPONSIBILITIES FOR COMPLIANCE WITH APPLICABLE FEDERAL AVIATION REGULATIONSFARS. (d) EACH OF LESSOR OWNER AND LESSEE UNDERSTANDS UNDERSTAND THAT AN EXPLANATION OF THE FACTORS BEARING ON OPERATIONAL CONTROL AND THE PERTINENT FEDERAL AVIATION REGULATIONS CAN BE OBTAINED FROM THE NEAREST FAA FLIGHT STANDARDS DISTRICT OFFICE. Instructions for Compliance with “Truth In Leasing” Requirements are attached hereto as Schedule 2.

Appears in 2 contracts

Samples: Non Exclusive Aircraft Lease Agreement (Carlyle Group L.P.), Non Exclusive Aircraft Lease Agreement (Carlyle Group L.P.)

TRUTH IN LEASING. TRUTH IN LEASING STATEMENT UNDER SECTION 91.23 OF THE FEDERAL AVIATION REGULATIONS: (a) THE LESSOR HEREBY CERTIFIES THAT THE AIRCRAFT HAS BEEN MAINTAINED AND INSPECTED UNDER THE AIRCRAFT IN ACCORDANCE WITH THE PROVISIONS OF FAR PART 91 DURING THE 12-MONTH PERIOD PRECEDING FROM JUNE 30, 2011, TO THE DATE OF EXECUTION OF THIS LEASE. AGREEMENT, AND THAT ALL APPLICABLE REQUIREMENTS FOR MAINTENANCE AND INSPECTION THEREUNDER HAVE BEEN COMPLIED WITH. (b) THE AIRCRAFT WILL BE MAINTAINED AND INSPECTED UNDER FAR PART 91 FOR ALL OPERATIONS TO BE CONDUCTED DURING LEASE PERIODS UNDER THIS LEASE. (b) LESSEE HEREBY CERTIFIES THAT IT IS RESPONSIBLE FOR OPERATIONAL CONTROL OF THE AIRCRAFT DURING ALL LEASE PERIODS UNDER THIS LEASEAGREEMENT. (c) EACH OF LESSOR AND LESSEE CERTIFIES THAT IT UNDERSTANDS ITS RESPONSIBILITIES FOR COMPLIANCE WITH APPLICABLE FEDERAL AVIATION REGULATIONS. (d) EACH OF LESSOR AND LESSEE UNDERSTANDS THAT AN EXPLANATION OF THE FACTORS BEARING ON OPERATIONAL CONTROL AND THE PERTINENT FEDERAL AVIATION REGULATIONS CAN BE OBTAINED FROM THE NEAREST FAA FLIGHT STANDARDS DISTRICT OFFICE. Instructions for Compliance with “Truth In Leasing” Requirements are attached hereto as Schedule 2. (d) THE LESSOR HEREBY CERTIFIES THAT IT IS RESPONSIBLE FOR OPERATIONAL CONTROL OF THE AIRCRAFT AND THAT IT UNDERSTANDS ITS RESPONSIBILITIES FOR COMPLIANCE WITH THE APPLICABLE FEDERAL AVIATION REGULATIONS. (e) THE PARTIES HERETO CERTIFY THAT A TRUE COPY OF THIS AGREEMENT SHALL BE CARRIED ON THE AIRCRAFT AT ALL TIMES, AND SHALL BE MADE AVAILABLE FOR INSPECTION UPON REQUEST BY AN APPROPRIATELY CONSTITUTED IDENTIFIED REPRESENTATIVE OF THE ADMINISTRATOR OF THE FAA.

Appears in 1 contract

Samples: Aircraft Time Sharing Agreement (Invesco Ltd.)

TRUTH IN LEASING. TRUTH IN LEASING STATEMENT UNDER SECTION 91.23 OF THE FEDERAL AVIATION REGULATIONS: (a) LESSOR NEW YORK AIRCAM CORP. HEREBY CERTIFIES THAT THE AIRCRAFT HAS BEEN MAINTAINED AND INSPECTED UNDER FAR PART 91 DURING THE 12-MONTH PERIOD PRECEDING THE DATE OF EXECUTION OF THIS LEASEAGREEMENT. THE AIRCRAFT WILL BE MAINTAINED AND INSPECTED UNDER FAR PART 91 FOR ALL OPERATIONS TO BE CONDUCTED DURING LEASE PERIODS UNDER THIS LEASE. (b) LESSEE RAINBOW MEDIA HOLDINGS LLC, 00 XXXX XXXXX, XXX XXXX, XXX XXXX 00000, WHOSE SIGNATURE APPEARS BELOW, HEREBY CERTIFIES THAT IT IS RESPONSIBLE FOR OPERATIONAL CONTROL OF THE AIRCRAFT DURING ALL LEASE PERIODS UNDER THIS LEASE. (c) EACH OF LESSOR AND LESSEE CERTIFIES THAT IT UNDERSTANDS ITS RESPONSIBILITIES FOR COMPLIANCE WITH APPLICABLE FEDERAL AVIATION REGULATIONS. (d) EACH OF LESSOR AND LESSEE UNDERSTANDS THAT AN EXPLANATION OF THE FACTORS BEARING ON OPERATIONAL CONTROL AND THE PERTINENT FEDERAL AVIATION REGULATIONS CAN BE OBTAINED FROM THE NEAREST FAA FLIGHT STANDARDS DISTRICT OFFICE. Instructions for Compliance with “Truth In Leasing” Requirements are attached hereto as Schedule 2.

Appears in 1 contract

Samples: Aircraft Dry Lease Agreement (AMC Networks Inc.)

TRUTH IN LEASING. TRUTH IN LEASING STATEMENT UNDER SECTION 91.23 THE AIRCRAFT, AS EQUIPMENT, BECAME SUBJECT TO THE MAINTENANCE REQUIREMENTS OF PART 91 OF THE FEDERAL AVIATION REGULATIONS: REGULATIONS (a"FARS") LESSOR HEREBY UPON THE REGISTRATION OF THE AIRCRAFT WITH THE FAA. LESSEE CERTIFIES THAT DURING THE 12 MONTHS (OR PORTION THEREOF DURING WHICH THE AIRCRAFT HAS BEEN SUBJECT TO U.S. REGISTRATION) PRECEDING THE EXECUTION OF THIS LEASE, THE AIRCRAFT HAS BEEN MAINTAINED AND INSPECTED UNDER FAR PART 91 DURING OF THE 12-MONTH PERIOD PRECEDING THE DATE OF EXECUTION OF THIS LEASEFARS. LESSEE CERTIFIES THAT THE AIRCRAFT WILL BE MAINTAINED AND INSPECTED UNDER FAR PART 91 OF THE FARS FOR ALL OPERATIONS TO BE CONDUCTED DURING LEASE PERIODS UNDER THE LEASE. UPON EXECUTION OF THIS LEASE. (b) , AND DURING THE TERM HEREOF, THE LESSEE HEREBY CERTIFIES THAT IT IS THE LESSEE SHALL BE RESPONSIBLE FOR THE OPERATIONAL CONTROL OF THE AIRCRAFT DURING ALL LEASE PERIODS UNDER THIS THE LEASE. (c) EACH OF LESSOR AND . THE LESSEE FURTHER CERTIFIES THAT IT UNDERSTANDS ITS RESPONSIBILITIES FOR COMPLIANCE WITH APPLICABLE FEDERAL AVIATION REGULATIONS. (d) EACH OF LESSOR AND LESSEE UNDERSTANDS THAT FARS. AN EXPLANATION OF THE FACTORS BEARING ON OPERATIONAL CONTROL AND THE PERTINENT FEDERAL AVIATION REGULATIONS FARS CAN BE OBTAINED FROM THE NEAREST FAA FEDERAL AVIATION FLIGHT STANDARDS STANDARD DISTRICT OFFICE, GENERAL AVIATION DISTRICT OFFICE OR AIR CARRIER DISTRICT OFFICE. Instructions for Compliance with “Truth In Leasing” Requirements are attached hereto as Schedule 2.[The remainder of this page is intentionally left blank]

Appears in 1 contract

Samples: Master Aircraft Lease Agreement (Steelcase Inc)

TRUTH IN LEASING. 13.1 THE PURPOSE OF THIS PROVISION IS TO COMPLY WITH 14 CODE OF FEDERAL REGULATIONS PART 91.23 ENTITLED “TRUTH IN LEASING STATEMENT UNDER SECTION 91.23 OF THE FEDERAL AVIATION REGULATIONS:LEASING”. (a) LESSOR HEREBY OWNER CERTIFIES THAT THE AIRCRAFT HAS BEEN INSPECTED AND MAINTAINED AND INSPECTED UNDER FAR IN ACCORDANCE WITH THE PROVISIONS OF THE FEDERAL AVIATION REGULATIONS (“FAR”), PART 91 AND ALL APPLICABLE REQUIREMENTS FOR THE MAINTENANCE AND INSPECTION THEREUNDER HAVE BEEN MET DURING SUCH PORTION OF THE 12-12 MONTH PERIOD PRECEDING THE DATE OF EXECUTION OF THIS LEASE. AGREEMENT AS THE AIRCRAFT HAS BEEN OWNED BY THE OWNER. (b) LESSEE CERTIFIES THAT THE AIRCRAFT WILL BE MAINTAINED AND INSPECTED UNDER FAR PART 91 FOR ALL OPERATIONS TO BE CONDUCTED DURING LEASE PERIODS UNDER THIS LEASEAGREEMENT. (bc) LESSEE HEREBY UNDERSTANDS AND CERTIFIES THAT IT IS RESPONSIBLE FOR OPERATIONAL CONTROL OF THE AIRCRAFT DURING ALL LEASE PERIODS UNDER WHEN THE AIRCRAFT IS OPERATED PURSUANT TO THIS LEASE. (c) EACH OF LESSOR AGREEMENT; AND LESSEE CERTIFIES THAT IT UNDERSTANDS ITS RESPONSIBILITIES FOR COMPLIANCE WITH APPLICABLE FEDERAL AVIATION REGULATIONSFARS. (d) EACH OF LESSOR OWNER AND LESSEE UNDERSTANDS UNDERSTAND THAT AN EXPLANATION OF THE FACTORS BEARING ON OPERATIONAL CONTROL AND THE PERTINENT FEDERAL AVIATION REGULATIONS CAN BE OBTAINED FROM THE NEAREST RESPONSIBLE FAA FLIGHT STANDARDS DISTRICT OFFICE. Instructions for Compliance with “Truth In Leasing” Requirements are attached hereto as Schedule 2.

Appears in 1 contract

Samples: Non Exclusive Aircraft Lease Agreement (Carlyle Group L.P.)

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TRUTH IN LEASING. TRUTH IN LEASING STATEMENT UNDER SECTION 91.23 OF THE FEDERAL AVIATION REGULATIONS: (a) LESSOR HEREBY CERTIFIES THAT THE AIRCRAFT HAS BEEN MAINTAINED AND INSPECTED UNDER FAR PART 91 OF THE FEDERAL AVIATION REGULATIONS DURING THE 12-MONTH TWELVE MONTHS PERIOD (OR PORTION THEREOF DURING WHICH THE AIRCRAFT HAS BEEN SUBJECT TO U.S. REGISTRATION) PRECEDING THE DATE OF EXECUTION OF THIS LEASE. THE AIRCRAFT WILL BE MAINTAINED LEASE AND INSPECTED UNDER FAR PART 91 PRESENTLY COMPLIES WITH APPLICABLE FAA MAINTENANCE AND INSPECTION REQUIREMENTS FOR ALL OPERATIONS OPERATION TO BE CONDUCTED DURING LEASE PERIODS UNDER THIS LEASE. (b) EACH LESSEE HEREBY CERTIFIES THAT IT EACH LESSEE, AND NOT LESSOR, IS RESPONSIBLE FOR OPERATIONAL CONTROL OF THE AIRCRAFT DURING ALL LEASE PERIODS WHEN SUCH LESSEE UTILIZES THE AIRCRAFT UNDER THIS LEASE. (c) LEASE DURING THE LEASE TERM. EACH OF LESSOR AND LESSEE FURTHER CERTIFIES THAT IT EACH LESSEE UNDERSTANDS HIS OR ITS RESPONSIBILITIES RESPONSIBILITY FOR COMPLIANCE WITH APPLICABLE FEDERAL AVIATION REGULATIONS. (dc) EACH LESSEE CERTIFIES THAT THE AIRCRAFT WILL CONTINUE TO BE MAINTAINED AND INSPECTED UNDER PART 91 OF LESSOR AND THE FEDERAL AVIATION REGULATIONS FOR OPERATIONS TO BE CONDUCTED UNDER THIS LEASE. EACH LESSEE UNDERSTANDS THAT AN EXPLANATION OF THE FACTORS BEARING ON OPERATIONAL CONTROL AND THE PERTINENT FEDERAL AVIATION REGULATIONS CAN BE OBTAINED FROM THE NEAREST FAA FLIGHT STANDARDS DISTRICT OFFICE. Instructions for Compliance with “Truth In Leasing” Requirements are attached hereto as Schedule 2.

Appears in 1 contract

Samples: Aircraft Dry Lease (Moelis & Co)

TRUTH IN LEASING. TRUTH IN LEASING STATEMENT UNDER SECTION 91.23 OF THE FEDERAL AVIATION REGULATIONS: (a) LESSOR HEREBY CERTIFIES LESSEE HAS REVIEWED THE AIRCRAFT'S MAINTENANCE AND OPERATING LOGS SINCE ITS DATE OF MANUFACTURE AND HAS FOUND THAT THE AIRCRAFT HAS BEEN MAINTAINED AND INSPECTED UNDER FAR PART 91 OF THE FEDERAL AVIATION REGULATIONS DURING THE 12-MONTH PERIOD PRECEDING THE DATE OF EXECUTION OF THIS LEASESUCH PERIOD. LESSEE CERTIFIES THAT THE AIRCRAFT WILL BE MAINTAINED PRESENTLY COMPLIES WITH THE APPLICABLE MAINTENANCE AND INSPECTED UNDER FAR INSPECTION REQUIREMENTS OF PART 91 FOR ALL OPERATIONS TO BE CONDUCTED DURING LEASE PERIODS UNDER THIS LEASEOF THE FEDERAL AVIATION REGULATIONS. (b) LESSEE HEREBY CERTIFIES THAT IT LESSEE, AND NOT LESSOR, IS RESPONSIBLE FOR OPERATIONAL CONTROL OF THE AIRCRAFT DURING ALL LEASE PERIODS UNDER THIS LEASE. (c) EACH OF LESSOR AND LEASE DURING THE TERM HEREOF. LESSEE FURTHER CERTIFIES THAT IT LESSEE UNDERSTANDS ITS RESPONSIBILITIES RESPONSIBILITY FOR COMPLIANCE WITH APPLICABLE FEDERAL AVIATION REGULATIONS. (dc) EACH LESSEE CERTIFIES THAT THE AIRCRAFT WILL BE MAINTAINED AND INSPECTED UNDER PART 91 OF LESSOR AND THE FEDERAL AVIATION REGULATIONS FOR OPERATIONS TO BE CONDUCTED UNDER THIS LEASE. LESSEE UNDERSTANDS THAT AN EXPLANATION OF THE FACTORS BEARING ON OPERATIONAL CONTROL AND THE PERTINENT FEDERAL AVIATION REGULATIONS CAN BE OBTAINED FROM THE NEAREST FAA FLIGHT STANDARDS DISTRICT OFFICE, GENERAL AVIATION DISTRICT OFFICE, OR AIR CARRIER DISTRICT OFFICE. Instructions for Compliance with “Truth In Leasing” Requirements are attached hereto as Schedule 2Notwithstanding the forgoing, any inaccuracy in any statement or certification in Section 17(a) shall not in and of itself constitute an indemnifiable Claim or an Event of Default hereunder.

Appears in 1 contract

Samples: Aircraft Lease (Oakley Inc)

TRUTH IN LEASING. TRUTH IN LEASING STATEMENT UNDER SECTION 91.23 OF THE FEDERAL AVIATION REGULATIONS: (a) LESSOR HEREBY CERTIFIES THAT THE AIRCRAFT HAS BEEN MAINTAINED AND INSPECTED UNDER FAR PART 91 DURING THE 1210.1 Truth-MONTH PERIOD PRECEDING THE DATE OF EXECUTION OF THIS LEASEin-Leasing. THE AIRCRAFT SUBJECT TO THIS TIME SHARING AGREEMENT WILL BE MAINTAINED AND INSPECTED UNDER FAR IN ACCORDANCE WITH PART 91 OF THE FEDERAL AVIATION REGULATIONS DURING THE TWELVE (12) MONTHS PRECEDING THE EFFECTIVE DATE HEREOF AND THE OPERATOR HERETO CERTIFIES THAT FOR ALL OPERATIONS THE PURPOSES OF THE OPERATION TO BE CONDUCTED DURING LEASE PERIODS UNDER PURSUANT TO THIS LEASE. (b) LESSEE HEREBY CERTIFIES THAT IT AGREEMENT THE AIRCRAFT IS IN FULL COMPLIANCE WITH THE APPLICABLE MAINTENANCE AND INSPECTION REQUIREMENTS OF SAID PART 91. THE NAME AND ADDRESS OF THE PARTY RESPONSIBLE FOR THE OPERATIONAL CONTROL OF THE AIRCRAFT DURING ALL LEASE PERIODS UNDER FOR THE TERM OF THIS LEASEAGREEMENT IS MOTOROLA SOLUTIONS, INC. (c) EACH OF LESSOR , 0000 XXXX XXXXXXXXX XXXX, XXXXXXXXXX, XXXXXXXX 00000 AND LESSEE SAID PARTY HEREBY CERTIFIES THAT IT UNDERSTANDS ITS RESPONSIBILITIES FOR COMPLIANCE RESPONSIBILITY TO COMPLY WITH APPLICABLE FEDERAL AVIATION REGULATIONS. (d) EACH OF LESSOR AND LESSEE UNDERSTANDS THAT . AN EXPLANATION OF THE FACTORS BEARING ON OPERATIONAL CONTROL AND THE PERTINENT FEDERAL AVIATION REGULATIONS REGUILATIONS CAN BE OBTAINED FROM THE NEAREST FAA FEDERAL AVIATION ADMINISTRATION FLIGHT STANDARDS DISTRICT OFFICE. Instructions for Compliance with “Truth In Leasing” Requirements are attached hereto as Schedule 2.

Appears in 1 contract

Samples: Aircraft Time Sharing Agreement (Motorola Solutions, Inc.)

TRUTH IN LEASING. TRUTH IN LEASING STATEMENT UNDER SECTION 91.23 OF THE FEDERAL AVIATION REGULATIONS: (a) LESSOR HEREBY CERTIFIES LESSEE HAS REVIEWED THE AIRCRAFT'S MAINTENANCE AND OPERATION LOGS SINCE ITS DATE OF MANUFACTURE AND HAS FOUND THAT THE AIRCRAFT HAS BEEN MAINTAINED AND INSPECTED UNDER FAR PART 91 DURING OF THE 12-MONTH PERIOD PRECEDING THE DATE OF EXECUTION OF THIS LEASEFEDERAL AVIATION REGULATIONS. LESSEE CERTIFIES THAT THE AIRCRAFT WILL BE MAINTAINED PRESENTLY COMPLIES WITH THE APPLICABLE MAINTENANCE AND INSPECTED UNDER FAR INSPECTION REQUIREMENTS OF PART 91 FOR ALL OPERATIONS TO BE CONDUCTED DURING LEASE PERIODS UNDER THIS LEASEOF THE FEDERAL AVIATION REGULATIONS. (b) LESSEE HEREBY CERTIFIES THAT IT LESSEE, AND NOT LESSOR, IS RESPONSIBLE FOR OPERATIONAL CONTROL OF THE AIRCRAFT DURING ALL LEASE PERIODS UNDER THIS LEASE. (c) EACH OF LESSOR AND LEASE DURING THE TERM HEREOF. LESSEE FURTHER CERTIFIES THAT IT LESSEE UNDERSTANDS ITS RESPONSIBILITIES RESPONSIBILITY FOR COMPLIANCE WITH APPLICABLE FEDERAL AVIATION REGULATIONS. (dc) EACH LESSEE CERTIFIES THAT THE AIRCRAFT WILL BE MAINTAINED AND INSPECTED UNDER PART 91 OF LESSOR AND THE FEDERAL AVIATION REGULATIONS FOR OPERATIONS TO BE CONDUCTED UNDER THIS LEASE. LESSEE UNDERSTANDS THAT AN EXPLANATION OF THE FACTORS BEARING ON OPERATIONAL CONTROL AND THE PERTINENT FEDERAL AVIATION REGULATIONS CAN BE OBTAINED FROM THE NEAREST FAA FLIGHT STANDARDS DISTRICT OFFICE. Instructions for Compliance with “Truth In Leasing” Requirements are attached hereto as Schedule 2, GENERAL AVIATION DISTRICT OFFICE, OR AIR CARRIER DISTRICT OFFICE.

Appears in 1 contract

Samples: Aircraft Lease Agreement (Restaurant Co)

TRUTH IN LEASING. TRUTH IN LEASING STATEMENT (a) DURING THE TWELVE MONTHS PRECEDING THE DATE OF THIS AGREEMENT (OR, IF SHORTER, THE PERIOD FROM THE DATE OF DELIVERY FROM THE MANUFACTURER), LVSC'S AIRCRAFT HAVE BEEN MAINTAINED AND INSPECTED UNDER SECTION 91.23 PART 91 OF THE FEDERAL AVIATION REGULATIONS: REGULATIONS (a) LESSOR HEREBY CERTIFIES THAT THE "FAR"), AND INTERFACE'S AIRCRAFT HAS BEEN MAINTAINED AND INSPECTED UNDER FAR PART 91. EACH PARTY ACKNOWLEDGES THAT LVSC'S AIRCRAFT WILL BE MAINTAINED AND INSPECTED UNDER PART 91 DURING THE 12-MONTH PERIOD PRECEDING THE DATE OF EXECUTION OF FOR OPERATIONS TO BE CONDUCTED UNDER THIS LEASEAGREEMENT. THE EACH PARTY ACKNOWLEDGES THAT INTERFACE'S AIRCRAFT WILL BE MAINTAINED AND INSPECTED UNDER FAR PART 91 FOR ALL OPERATIONS TO BE CONDUCTED DURING LEASE PERIODS UNDER THIS LEASEAGREEMENT. (b) LESSEE HEREBY CERTIFIES EACH PARTY ACKNOWLEDGES THAT IT IS RESPONSIBLE FOR OPERATIONAL CONTROL OF THE ITS AIRCRAFT DURING ALL LEASE PERIODS FOR FLIGHTS UNDER THIS LEASE. (c) AGREEMENT. EACH OF LESSOR AND LESSEE PARTY FURTHER CERTIFIES THAT IT SUCH PARTY UNDERSTANDS ITS RESPONSIBILITIES RESPONSIBILITY FOR COMPLIANCE WITH APPLICABLE FEDERAL AVIATION REGULATIONS. (dc) EACH OF LESSOR AND LESSEE UNDERSTANDS THAT AN EXPLANATION OF THE FACTORS BEARING ON OPERATIONAL CONTROL AND THE PERTINENT FEDERAL AVIATION REGULATIONS CAN BE OBTAINED FROM THE NEAREST FAA FLIGHT STANDARDS DISTRICT OFFICE. Instructions for Compliance with “Truth In Leasing” Requirements are attached hereto as Schedule 2.

Appears in 1 contract

Samples: Aircraft Interchange Agreement (Las Vegas Sands Corp)

TRUTH IN LEASING. 21.1 TRUTH IN LEASING STATEMENT UNDER SECTION 91.23 OF THE FEDERAL AVIATION REGULATIONS:. (a) LESSOR HEREBY CERTIFIES THAT THE AIRCRAFT AIRCRAFT, A GATES LEARJET CORP., SERIAL NO. 138, CURRENTLY REGISTERED WITH THE FEDERAL AVIATION ADMINISTRATION AS N124ZT, HAS BEEN MAINTAINED AND INSPECTED UNDER FAR PART 91 DURING THE 12-MONTH PERIOD 12 MONTHS PRECEDING THE DATE OF EXECUTION OF THIS LEASE. . (b) LESSOR CERTIFIES THAT THE AIRCRAFT WILL BE MAINTAINED AND INSPECTED UNDER FAR PART 91 FOR ALL OPERATIONS TO BE CONDUCTED UNDER THIS LEASE DURING LEASE PERIODS UNDER THE DURATION OF THIS LEASE. (bc) LESSEE HEREBY CERTIFIES THAT IT LESSEE, AND NOT LESSOR, IS CONSIDERED RESPONSIBLE FOR OPERATIONAL CONTROL OF THE AIRCRAFT DURING ALL LEASE PERIODS UNDER THIS LEASELEASE DURING THE TERM HEREOF. (cd) EACH OF LESSOR AND LESSEE HEREBY CERTIFIES THAT IT UNDERSTANDS ITS RESPONSIBILITIES FOR COMPLIANCE WITH APPLICABLE FEDERAL AVIATION REGULATIONS. (de) EACH OF LESSOR AND LESSEE UNDERSTANDS THAT AN EXPLANATION OF THE FACTORS BEARING ON OPERATIONAL CONTROL AND THE PERTINENT FEDERAL AVIATION REGULATIONS CAN BE OBTAINED FROM THE NEAREST FAA FLIGHT STANDARDS DISTRICT OFFICE. The “Instructions for For Compliance with “Truth In LeasingTruth-In-Leasing RequirementsRequirements attached as Appendix II hereto are attached hereto as Schedule 2incorporated herein by reference.

Appears in 1 contract

Samples: Non Continuous Aircraft Dry Lease Agreement (Rehabcare Group Inc)

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