COMPLIANCE WITH AIRWORTHINESS DIRECTIVES Clause Samples

COMPLIANCE WITH AIRWORTHINESS DIRECTIVES. Lessee shall ensure at its cost and expense that the Aircraft shall at all times have a currently effective airworthiness certificate issued by the FAA under the Federal Aviation Regulations (or by any other governmental authority having jurisdiction over the operation of the Aircraft). Lessee (or during the term of any Permitted Sublease, the Permitted Sublessee), at its cost and expense, shall ensure that the Aircraft is in compliance with all applicable Airworthiness Directives, and Federal Aviation Regulation requirements (or the requirements of any other governmental authority having jurisdiction over the Aircraft). All Airworthiness Directives shall be accomplished in accordance with all applicable bulletins and manuals published by the manufacturer of the Airframe or Engines or Parts or FAA-approved data developed by Lessee, and in a manner consistent with similar aircraft owned, leased or operated by Lessee.
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COMPLIANCE WITH AIRWORTHINESS DIRECTIVES. Lessee shall ensure at its cost and expense that the Aircraft shall at all times have a currently effective airworthiness certificate issued by the FAA under the Federal Aviation Regulations (or by any other governmental authority having jurisdiction over the operation of the Aircraft). Lessee, at its cost and expense, shall ensure that the Aircraft is in compliance with all applicable Airworthiness Directives, manufacturer's "alert" service bulletins and Federal Aviation Regulation requirements (or the requirements of any other governmental authority having jurisdiction over the Aircraft) which become due during the Term or are otherwise required to be performed within six (6) months following the end of the Term. All Airworthiness Directives shall be accomplished in accordance with all applicable bulletins and manuals published by the Manufacturer or FAA-approved data developed by Lessee, and in a manner consistent with similar aircraft owned, leased or operated by Lessee. Lessee shall include with the Manual and Technical Records all documentation necessary to establish the source data, method of compliance, verification of accomplishment, quality assurance and all schedules of recurring action of any Airworthiness Directive.
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COMPLIANCE WITH AIRWORTHINESS DIRECTIVES. 3.1 Before transfer to a Permit to Fly it must be checked that the aircraft, engine, propeller and equipment comply with all applicable Airworthiness Directives. These can be identified either in the latest version of the CAA MAMIS (which can be downloaded from the CAA website) or LAA inspectors can find them (where covered) in the Aircraft, Engine and Propeller Sections of the LAA Inspector’s SPARS book, or in the relevant LAA TADS (Type Acceptance Data Sheets). Compliance with applicable ADs can be checked by reference to the aircraft’s logbooks. In cases of doubt, a physical check on the aircraft must be carried out. Note that some ADs require recurring actions, so even though it may have been actioned once it may need further action later. Also note the possibility that components may have been changed since AD actions were carried out, so AD actions may be required on the replaced parts. 3.2 An Airworthiness Directive compliance list should be presented along with the application, listing each relevant AD and stating compliance as appropriate.
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COMPLIANCE WITH AIRWORTHINESS DIRECTIVES. Each Aircraft shall at all times during which it is registered with any Governmental Authority under any Requirement of Law, including without limitation registration with the FAA under the Federal Aviation Act, and in passenger or cargo service operation have an appropriate, currently effective airworthiness certificate issued by the Governmental Authority of the jurisdiction of its registration and shall be in compliance with all Airworthiness Directives applicable to the Aircraft. All Airworthiness Directives shall be accomplished in accordance with all applicable bulletins and manuals published by the manufacturer of the Airframe or Aircraft Engines or Aircraft Parts or FAA-approved or other applicable Governmental Authority-approved data. The Borrower may determine not to have or maintain any airworthiness certificate or comply with any such Airworthiness Directive in respect of or applicable to any Aircraft that is not in passenger or cargo operation, if the Borrower gives to the Lender notice of such determination no less than twenty (20) Business Days prior to the termination or expiration of any airworthiness certificate in effect with respect to such Aircraft or such non-compliance, as the case may be, and five (5) Business Days after Receipt by the Borrower of notice of such Airworthiness Directive and, further, if the effect thereof is to materially decrease the fair market value or Forced Liquidation Value of such Aircraft, the Borrower provides at the expense of the Borrower to the Lender in advance an Appraisal of such Aircraft which gives effect to such termination, expiration or non-compliance.
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Related to COMPLIANCE WITH AIRWORTHINESS DIRECTIVES

  • Compliance with Standards Although the standards for workmanship, material, and equipment have been selected in these specifications as a basis of reference, standards and specifications of the other bank member countries and recommendations of standards international organizations will be acceptable provided they are substantially equivalent to the designated standards and provided furthermore that the contractor submits for approval detailed specifications which he proposes to use. Reference to brand names or catalog numbers if any in these specifications have been made only for that equipment for which it has been determined that a degree of standardization is necessary to maintain certain essential features. And in certain cases such references have also been made for purposes of convenience to specify the requirements, in either case offers of alternative goods, which have similar characteristics and provide performance and quality at lease equal to those specified are acceptable. If the contractor offers materials, equipment, design calculations or tests, which conform to standards other than those specified, full details of the differences between the proposed standards and that specified in so far as they affect the design or purpose of the equipment, are to be supplied by the contractor if called upon to do so by the engineer, where required by the engineer for approval purposes, the contractor shall supply, without charge, duplicate copies of the proposed standards with English translations of the relevant portions. The contractor shall have available in his place of business (or in his supplier’s works) the relevant copies of standards or codes used for the use of the Engineer.

  • Compliance with Accessibility Standards All parties to this Agreement shall ensure that the plans for and the construction of all projects subject to this Agreement are in compliance with standards issued or approved by the Texas Department of Licensing and Regulation (TDLR) as meeting or consistent with minimum accessibility requirements of the Americans with Disabilities Act (P.L. 101-336) (ADA).

  • Compliance with Regulatory Requirements Upon demand by Lender, Borrower shall reimburse Lender for Lender’s additional costs and/or reductions in the amount of principal or interest received or receivable by Lender if at any time after the date of this Agreement any law, treaty or regulation or any change in any law, treaty or regulation or the interpretation thereof by any Governmental Authority charged with the administration thereof or any other authority having jurisdiction over Lender or the Loans, whether or not having the force of law, shall impose, modify or deem applicable any reserve and/or special deposit requirement against or in respect of assets held by or deposits in or for the account of the Loans by Lender or impose on Lender any other condition with respect to this Agreement or the Loans, the result of which is to either increase the cost to Lender of making or maintaining the Loans or to reduce the amount of principal or interest received or receivable by Lender with respect to such Loans. Said additional costs and/or reductions will be those which directly result from the imposition of such requirement or condition on the making or maintaining of such Loans.

  • Compliance with Warning Regulations The Parties agree that ▇▇▇▇▇▇▇▇ shall be deemed to be in compliance with this Settlement Agreement by either adhering to §§ 2.3 and 2.4 of this Settlement Agreement or by complying with warning requirements adopted by the State of California’s Office of Environmental Health Hazard Assessment (“OEHHA”) after the Effective Date.

  • Compliance with Applicable Requirements In carrying out its obligations under this Agreement, the Sub-Adviser shall at all times comply with: (a) all applicable provisions of the 1940 Act, and any rules and regulations adopted thereunder; (b) the provisions of the registration statement of the Trust, as it may be amended or supplemented from time to time, under the Securities Act and the 1940 Act; (c) the provisions of the Declaration of Trust of the Trust, as it may be amended or supplemented from time to time; (d) the provisions of any By-laws of the Trust, if adopted and as it may be amended from time to time, or resolutions of the Board as may be adopted from time to time; (e) the provisions of the Internal Revenue Code of 1986, as amended, applicable to the Trust or the Funds; (f) any other applicable provisions of state or federal law; and In addition, any code of ethics adopted by the Sub-Adviser must comply with Rule 17j-1 under the 1940 Act, as it may be amended from time to time, and any broadly accepted industry practices, if requested by the Trust or the Adviser.