Airframe Warranty Assignment means the airframe warranty assignment entered into or to be entered into between Lessor and Lessee, and the related consent and agreement between Lessor, Lessee and the Airframe Manufacturer, in respect of the Aircraft in the Agreed Form;
Airframe Warranty Assignment means the airframe warranty assignment entered into or to be entered into between Lessor and Lessee, and the related consent and agreement between Lessor, Lessee and the Manufacturer, in respect of the Aircraft in the Agreed Form; Airworthiness Directive means any and all mandatory airworthiness directives issued by the French DGAC and applicable to the Aircraft, the Airframe, either Engine, any Part or the Aircraft Documents;
Airframe Warranty Assignment means the Assignment of Rights (Airframe) to be entered into between LESSOR and LESSEE in the form of Exhibit H.
Examples of Airframe Warranty Assignment in a sentence
Effective upon Delivery LESSOR will assign to LESSEE for the duration of the Lease Term the benefit of all warranties and indemnities given to LESSOR by Manufacturer and the Engine manufacturer pursuant to the Airframe Warranty Assignment and the Engine Warranty Assignment, respectively.
The Airframe Warranty Assignment and the Engine Warranty Assignment when executed and delivered by LESSOR in accordance with Article 7.4 represent the valid and enforceable assignment to LESSEE of the warranties set forth therein.
Within fourteen (14) days after Delivery, if not previously provided, LESSOR will deliver to LESSEE (a) the Airframe Warranty Assignment duly executed by LESSOR and acknowledged by Manufacturer and (b) the Engine Warranty Assignment duly executed by LESSOR.
More Definitions of Airframe Warranty Assignment
Airframe Warranty Assignment means the airframe warranty assignment entered into or to be entered into between Lessor and Lessee, and the related consent and agreement between Lessor, Lessee and the Manufacturer, in respect of the Aircraft in the Agreed Form; Airworthiness Directive means any and all mandatory airworthiness directives issued by the French DGAC and applicable to the Aircraft, the Airframe, either Engine, any Part or the Aircraft Documents; Approved Maintenance Performer means the Lessee insofar as maintenance other than Major Checks, the check scheduled to clear maintenance items for the next 6,000 Flight Hours, 4,500 Cycles and 20 months, and Engine Performance Restoration are concerned, and for such maintenance means any other Person (including Aeromantenimiento) that meets the requirements of being a Maintenance Performer; APU means the auxiliary power unit installed on the Aircraft on the Delivery Date and any replacement auxiliary power unit installed in accordance with this Agreement title to which is transferred to Lessor in accordance with this Agreement; APU Operating Hour means each hour or part thereof elapsing from the moment the APU is started to the moment when the APU is shut down. For the purpose of all calculations under this Agreement measured in APU Operating Hours, such hours, rounded to the nearest minute, shall be accumulated since the most recent APU Performance Restoration (or since new if no previous overhaul has been accomplished with respect to the APU); APU Performance Restoration means off-wing APU shop visits including disassembly, inspection, component repair and balancing, testing and reassembly of the relevant APU, accomplished in accordance with the APU manufacturer’s component maintenance manual, with a Scheduled Life Limited Part and Airworthiness Directive release of no less than 6,000 Cycles and 3 years and on-condition release of no less than 9,000 Flight Hours and 6,000 Cycles and 3 years;
Airframe Warranty Assignment means (i) with respect to each Aircraft, the Maintenance Warranty Assignment dated as of August 21, 2001 between Lessee, as assignor, and Owner Trustee, as assignee, and acknowledged by Triad International Maintenance Corporation and (ii) with respect to the Aircraft bearing Manufacturer Serial Numbers 23018 and 23019 respectively, the Modification Warranty Assignment dated as of August 21, 2001 between Lessee, as assignor, and Owner Trustee, as assignee, and acknowledged by Israel Aircraft Industries Ltd., in each case, in the form attached to the Participation Agreement as Exhibit B.