MASTER AIRCRAFT LEASE NOVATION AGREEMENT, 2012Master Aircraft Lease Novation Agreement • September 27th, 2022
Preparatory Notes This template document was jointly prepared by AWG – IATA for permissive use by the aviation industry. It is designated as a template document and is intended as a mid-market text which could be used as such or as a framework for efficient negotiations, as the transaction parties deem fit. It may be used by any transaction party, whether or not a member of AWG or IATA. Neither AWG nor IATA express a view on whether this template document should be used in a particular transaction or on whether the positions reflected in the template are appropriate for any particular transaction parties. If used, this template document may be amended in any manner deemed appropriate by the transaction parties. The structure of this template document is that of a master agreement – which is not signed – but rather is incorporated by reference in a particular transaction through an individually executed ‘Novation Agreement’ which is annexed hereto. Transaction parties electing to make u
