Common use of TRUTH IN LEASING Clause in Contracts

TRUTH IN LEASING. (A) LESSOR CERTIFIES THAT THE AIRCRAFT HAS BEEN MAINTAINED AND INSPECTED DURING THE TWELVE MONTHS BEFORE THE DATE OF THIS LEASE UNDER PART 91 OF THE FEDERAL AVIATION REGULATIONS. LESSOR HEREBY CERTIFIES THAT THE AIRCRAFT COMPLIES WITH PART 91 OF FEDERAL AVIATION REGULATIONS WITH RESPECT TO THE USE AND OPERATION TO WHICH THE AIRCRAFT WILL BE SUBJECTED UNDER THIS LEASE.

Appears in 4 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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TRUTH IN LEASING. (A) LESSOR a. THIS CERTIFIES THAT THE AIRCRAFT HAS BEEN MAINTAINED AND INSPECTED DURING THE TWELVE MONTHS BEFORE THE DATE OF THIS LEASE UNDER PART 91 OF THE FEDERAL AVIATION REGULATIONS. LESSOR HEREBY CERTIFIES THAT REGULATIONS FOR THE AIRCRAFT COMPLIES WITH PART 91 OF FEDERAL AVIATION REGULATIONS WITH RESPECT TO THE USE AND OPERATION TO WHICH THE AIRCRAFT WILL BE SUBJECTED UNDER THIS LEASETWELVE MONTHS PRECEDING EXECUTION HEREOF.

Appears in 2 contracts

Samples: Aircraft Lease Agreement, Aircraft Dry Lease Agreement (Lennar Corp /New/)

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TRUTH IN LEASING. (Aa) LESSOR CERTIFIES THAT THE AIRCRAFT HAS BEEN MAINTAINED AND INSPECTED DURING THE TWELVE MONTHS BEFORE THE DATE OF THIS LEASE UNDER PART 91 OF THE FEDERAL AVIATION REGULATIONS. LESSOR HEREBY CERTIFIES THAT REGULATIONS DURING THE AIRCRAFT COMPLIES WITH PART 91 OF FEDERAL AVIATION REGULATIONS WITH RESPECT TO THE USE AND OPERATION TO TWELVE MONTHS PERIOD (OR PORTION THEREOF DURING WHICH THE AIRCRAFT WILL HAS BEEN SUBJECT TO U.S. REGISTRATION) PRECEDING THE DATE OF EXECUTION OF THIS LEASE AND PRESENTLY COMPLIES WITH APPLICABLE FAA MAINTENANCE AND INSPECTION REQUIREMENTS FOR OPERATION TO BE SUBJECTED CONDUCTED UNDER THIS LEASE.

Appears in 1 contract

Samples: Aircraft Dry Lease (Moelis & Co)

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