Baseline Aircraft definition
Examples of Baseline Aircraft in a sentence
Additionally, with respect to any or all of the ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ shall have the option, in its sole discretion, to further extend the term of such ERJ 175 Baseline Aircraft for a period of five (5) years beyond the applicable ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ (the “ERJ 175 Baseline Aircraft Subsequent Extension Term”).
The following Sections of the Agreement shall be of no force and effect with respect to the ERJ 175 Baseline Aircraft effective upon the first day of the ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇: Sections 11.G., 11.I. and 11.M.
If Delta exercises any such ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Option, Delta shall lease back to Operator each such purchased ERJ 175 Baseline Aircraft pursuant to a mutually agreed upon aircraft lease agreement (such agreement not to be unreasonably withheld or delayed), and Operator shall operate each such ERJ 175 Baseline Aircraft under the scope of the Agreement for the remainder of the ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ and/or ERJ 175 Baseline Aircraft Subsequent Extension Term, as applicable.
CUSTOMER: ILFC Definition of a AIRCRAFT TYPE: A321-200 ILFC A321-200 DELIVERY POSITION(s): applicable Baseline Aircraft BASELINE/EXHIBIT B SPECIFICATION STD.
At any time after Delta exercises any such ERJ 175 Baseline Aircraft Purchase Option for any ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ shall be solely responsible for the cost of any life limited parts (“LLP”) replacement with respect to such ERJ 175 Baseline Aircraft.
Prior to each of the “Amended Expiration Dates” set forth in Exhibit B attached hereto, Delta shall have the option, in its sole discretion, to extend the term of any, or all, of the ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇ Aircraft for a period of five (5) years beyond each respective Amended Expiration Date (the “ERJ-170 Baseline Aircraft Extension Term”) by providing Operator no less than [*] prior written notice.
The Base Rate Costs with respect to the Placement Aircraft shall be the same as the Base Rate Costs applied to the other ERJ-170 Baseline Aircraft.
The term of the ERJ 175 Baseline Aircraft shall be extended until the respective fifteenth (15th) anniversary dates of the initial in-service dates of such ERJ 175 Baseline Aircraft to Delta Connection service as set forth in Exhibit A attached hereto (the “ERJ 175 Baseline Aircraft Extension Term”).
At any time after Delta exercises any such ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Option for any ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ shall be solely responsible for the cost of any LLP replacement with respect to such ERJ 175 Baseline Aircraft.
If Delta does not exercise such option with respect to an ERJ-170 Baseline Aircraft, such ERJ 170 Baseline Aircraft shall be removed from Delta Connection service and the scope of the Agreement as of its Amended Expiration Date.