Common use of Form of Lease Clause in Contracts

Form of Lease. The Servicer shall commence the negotiation of any commitment for a Lease or Leases of Aircraft Assets in a manner consistent with the practices employed by the Servicer with respect to its aircraft operating leasing services business generally and shall commence the drafting of, and negotiation with respect to, any Leases for Aircraft Assets on the following basis:

Appears in 2 contracts

Sources: Servicing Agreement (Aerco LTD), Servicing Agreement (Aerco LTD)