Usage Covenant. To support Lessor’s or other applicable Tax Indemnitee’s entitlement to the treatment contemplated by the Subpart F Assumption, Lessee agrees that in each calendar year during the Term the Aircraft will be used for the transportation of passengers or property between airports at least one of which is located outside of the United States and the Aircraft will be used predominantly outside the United States. For the purpose of paragraph (a), the Aircraft will be considered to be used predominantly outside the United States if either:
Appears in 11 contracts
Samples: Aircraft Lease Agreement, Aircraft Lease Agreement, Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)
