ENGINE CONDITION. Have neither Engine on watch for any reason whatsoever and all performance and operating parameters of each Engine including EGT margin and oil consumption, shall be sufficiently within the limits specified by the Engine Manufacturer so a to ensure that each Engine is fully capable of uninterrupted on-wing operation for a period of at least one year, 4,000 Engine Flight Hours and 3,000 Engine Cycles, until removal is requested for performance restoration, maintenance, inspection, repair or for any other reason which would cause the Engine to be removed. If Lessor and Lessee are unable to mutually agree the parameters or whether one year of operation remains, Lessor and Lessee shall consult a qualified CFMI engineer and agree to be bound by the determination of such engineer (the cost of such engineer to be shared equally by Lessor and Lessee).
Appears in 2 contracts
Sources: Aircraft Lease Agreement (Frontier Airlines Inc /Co/), Aircraft Lease Agreement (Frontier Airlines Inc /Co/)