Common use of EXPORT AND DEREGISTRATION OF AIRCRAFT Clause in Contracts

EXPORT AND DEREGISTRATION OF AIRCRAFT. At Lessor’s request, Lessee at its cost will (i) provide an Export Certificate of Airworthiness or its equivalent from the State of Registration so that the Aircraft can be exported to the country designated by Lessor, (ii) deregister the Aircraft from the register of aircraft in the State of Registration, (iii) arrange for prompt confirmation of such deregistration to be sent by the registry in the State of Registration to the next country of registration and (iv) perform any other acts required by Lessor in connection with the foregoing; so long as such acts do not result in an increase in costs that the Lessee would otherwise incur at return or such acts would not cause in and of themselves a delay in the return of the Aircraft (unless Lessor agrees to bear such additional costs and accept the delay).