Aircraft Lease Shared Terms definition
Examples of Aircraft Lease Shared Terms in a sentence
Such agreement may incorporate by reference the terms and conditions of these Aircraft Lease Shared Terms.
Capitalised terms used in this Purchase Agreement shall have the respective meanings ascribed to such terms in Schedule 1 to this Purchase Agreement or, if not defined therein, then in the Aircraft Lease Agreement (MSN [_____]), dated on or about the date hereof (the “Aircraft Lease Agreement”), between Purchaser and LATAM incorporating the Aircraft Lease Shared Terms for LATAM, dated on or about the date hereof (the “ALST”).
A letter from the Initial Sublessee to the Director Central Route Charges Office of Eurocontrol in which the Initial Sublessee authorizes the addressee to issue to Lessor, upon Lessor’s request from time to time, a statement of account of all sums due by the Initial Sublessee to the addressees in respect of all aircraft (including the Aircraft) operated by the Initial Sublessee, such letter to be substantially in the form of Exhibit F to the Aircraft Lease Shared Terms.
Reference is made to Aircraft Lease Agreement (MSN [MSN]) dated [as of] [lease date] (the “Aircraft Lease Agreement”), between Lessee and [LESSOR] (“Lessor”), which incorporates the terms of the Aircraft Lease Shared Terms dated [as of] [date] for Lessee (the “ALST”).
Confirmation from the process agent appointed by Lessor pursuant to Section 17.4 of the Aircraft Lease Shared Terms and Section 7.4 of the Purchase Agreement, and by Lessor Guarantor pursuant to Section 4.3 of the Lessor Guarantee.
Confirmation from the process agents appointed by Lessee pursuant to Section 17.3 of the Aircraft Lease Shared Terms and Section 7.3 of the Purchase Agreement, and by the Initial Sublessee pursuant to the Initial Subordination Agreement.
LATAM Shared Terms 37 LATAM Shared Terms 38 Lessee has caused these Aircraft Lease Shared Terms to be executed by its officer(s) or authorised signatory(ies) on the day and year first above written.
LATAM MSN [_____] -30- Lessor’s representations and warranties contained in Section 5.1 of the Aircraft Lease Shared Terms will be true and correct on the Delivery Date.
Lessee will have paid all installments of the Commitment Fee due on or before the Delivery Date pursuant to the Aircraft Lease Agreement or such amount shall have been netted off from the Purchase Price in accordance with Section 3.2 of the Purchase Agreement, or Lessee will have provided a Letter of Credit pursuant to Section 4.2 of the Aircraft Lease Shared Terms.
Lessee may use a replacement part that does not comply with the requirements of this Section 1.2.1 as part of any pooling or interchange arrangement permitted by Section 8.1.4 of the Aircraft Lease Shared Terms, or otherwise for operational reasons during the Lease Term, provided that the original Part is reinstalled or the non-complying part is removed and replaced by a complying part prior to the end of the Lease Term).