Common use of Engine Records Clause in Contracts

Engine Records. No later than the 10th day of each calendar month during the Term, Lessee shall deliver to Lessor a written report setting forth the following information for the previous calendar month: (i) the manufacturer’s serial number and the registration number of each Airframe or airframe on which the Engine was installed or, if not installed on an Airframe or airframe during any portion of such reporting period, the location of the Engine and a description of steps taken for its preservation and storage; (ii) the Flight Hours and cycles performed by the Aircraft on which the Engine was then installed; (iii) the maintenance inspections and repairs performed on the Engine in accordance with the Maintenance Program; (iv) any airworthiness directives accomplished on the Engine; and (v) any Engine malfunctions or performance discrepancies requiring shop-level repair or special- or reduced-interval inspections, including the flight log or technical log entries against the Engine relating thereto together with full details of the corrective maintenance and repair actions taken. The form of such report shall be acceptable to Lessor, and Lessor and Lessee shall promptly develop the form thereof following execution and delivery of this Lease.