Common use of Corrections and Subsequent Corrections Clause in Contracts

Corrections and Subsequent Corrections. If the Aircraft or any Engine fails upon the Return Occasion to conform to any requirement imposed by this Lease, Lessor, at its option, may continue the Lease in effect in the manner provided for in Section 12(c) above with regard to automatic extension until such time as the Aircraft is brought up to the condition required by this Lease, or accept the return of the Aircraft and thereafter have any such nonconformance corrected. Any expense incurred by Lessor for such correction shall become Supplemental Rent payable by Lessee upon demand. Lessee's obligations to pay such Supplemental Rent shall survive the passage of the Expiration Date or other termination of this Lease.

Appears in 2 contracts

Sources: Aircraft Lease Agreement (Frontier Airlines Inc /Co/), Aircraft Lease Agreement (Frontier Airlines Inc /Co/)