Common use of Use Fees Clause in Contracts

Use Fees. Lessee shall also pay to Lessor nonrefundable Use Fees for each Engine for each calendar month (or part thereof) during its Term. Use Fees shall be paid on or before the fifteenth day following the end of each calendar month, save the last payment of Use Fees during the Term, which shall be paid on the tenth Business Day following the last day of the Term.

Appears in 4 contracts

Samples: Master Short Term Engine Lease Agreement, Master Short Term Engine Lease Agreement (Air T Inc), Master Short Term Engine Lease Agreement

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