General Condition upon Return Sample Clauses

General Condition upon Return. Unless purchased by Lessee pursuant to Section 18.2, and subject to Section 10, upon the expiration or termination of this Lease, Lessee will return the Aircraft to Lessor by delivering the same at any location in the continental United States at which Lessee has maintenance facilities (and Section 5.7 shall apply). Lessee shall give Lessor not less than 15 days prior notice of the return location. All costs associated with the return flight shall be for the account of Lessee. At the time of such return, the Airframe and Engines or engines installed thereon:
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General Condition upon Return. Subject to Section 10, upon the expiration or termination of this Lease, Lessee will cause the Aircraft, if then not registered in the name of Lessor with the FAA for any reason, to be reregistered in the name of Lessor with the FAA and will return the Aircraft to Lessor by delivering the same at any location in the continental United States selected by Lessee at which Lessee has maintenance facilities (and Section 5.6 shall apply). All costs associated with the return flight shall be for the account of Lessee. At the time of such return, the Airframe and Engines or engines installed thereon:
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General Condition upon Return. Unless an Event of Loss with respect to the Airframe shall have occurred, in which case Section 10.1 hereof shall apply, at the end of the Term, Lessee will return the Aircraft to Lessor by delivering the same to Kansas City or such other site as shall be mutually agreed between Lessee and Lessor (the "Redelivery Location"). All costs and expenses associated with the return of the Aircraft and compliance with this Section 5 shall be for the account of Lessee, except as otherwise expressly provided herein. At the time of such return, the Aircraft: (a) shall be in compliance with the terms of this Lease in such condition as qualifies it, without necessity of any repair, modification or maintenance for (i) immediate issuance of a current and valid certificate of airworthiness by, and registration with, the FAA, and (ii) immediate operation in the United States in full compliance with United States Federal Aviation Regulations Part 121; (b) shall have undergone, immediately prior to redelivery, the current phase of a C-Check as defined in the Maintenance Document in accordance with Maintenance Program and all inspections required under the Maintenance Document shall have been accomplished, and any deficiencies, including, without limitation, routine items, non-routine items and all corrosion, known prior to or revealed during such inspection will be corrected in accordance with manufacturer's limits, guidelines and specifications; (c) shall be free and clear of all Liens (except Lessor Liens); (d) shall be in the interior configuration providing seating for 140 passengers and in condition suitable for operation in and compatible with scheduled commercial airline passenger service in the United States, shall be clean by United States commercial airline standards with all Parts, systems and components operable and shall be in as good operating condition as when delivered to Lessee hereunder, ordinary wear and tear excepted, and the seats shall recline and the tray tables and ashtrays shall be installed; (e) shall have installed thereon all Engines and each such Engine has not less than 2,500 Flight Hours, 2,500 Cycles or one year (whichever is less) remaining to the next expected removal for a shop visit, and no Engine or module thereon shall be "on watch", subject to special or reduced inspection internals or exhibit any adverse trends or indicate a rate of acceleration in performance deterioration that is higher than normal based on Lessee's maintenance experi...
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General Condition upon Return. Unless an Event of Loss with respect to ----------------------------- the Airframe shall have occurred, in which case Section 10.1 hereof shall apply, upon the expiration of the Term for the Aircraft or termination of this Lease with respect to the Aircraft, Lessee will return the Aircraft to Lessor by delivering the same to Lake City Airport, Florida, or such other site in the continental United States on Lessee's route system as shall be mutually agreed between Lessee and Lessor. All costs and expenses associated with the return of the Aircraft and compliance with this Section 5 shall be for the account of Lessee, except as otherwise expressly provided herein. At the time of such return, (i) Lessee will (unless Lessor at least 90 days prior to the return hereunder has requested that Lessee retain the existing registration of the Aircraft) cause the Aircraft, if it is not then so registered, to be registered under the laws of the United States with the FAA in the name of the Lessor or its designee; provided that Lessee shall be relieved of its obligations under this sentence if such registration is prohibited by reason of the failure of either Owner Participant, Lessor or Lessor's designee to be eligible on such date to own an aircraft registered with the FAA, and (ii) the Airframe will be fully equipped with the Engines (or Replacement Engines) installed thereon. Also, at the time of such return, such Airframe and Engines or Replacement Engines (A) shall be certified (or, if not then registered under the Act by reason of the proviso to clause (i) in the preceding paragraph or because Lessor has requested the retention of the existing registration of the Aircraft, shall be eligible for certification) as an air worthy aircraft by the FAA, (B) shall be free and clear of all Liens (other than Lessor Liens) and rights of third parties under any arrangement including, but not limited to, pooling, interchange, overhaul, repair or other similar agreements or arrangements, (C) shall be in a regular configuration used by Lessee and in as good an operating condition as when accepted by Lessee (as agent for the Lessor) under the Modification Contract, ordinary wear and tear excepted, and otherwise in the condition required to be maintained under Lessee's FAA-approved maintenance plan, irrespective of whether such Airframe or Engines have been under Sublease during the Term, and shall have had accomplished the ongoing corrosion prevention procedures set forth in such...
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General Condition upon Return. Unless purchased by Lessee pursuant to Section 18.2, and subject to Section 10, upon the expiration or termination of this Lease, Lessee will return the Aircraft to Lessor by delivering the same at any location in the continental United States at which Lessee has maintenance facilities (and Section 5.7 shall apply). Lessee shall give Lessor not less than 15 days prior notice of the return location. All costs associated with the return flight, including without limitation, the cost of preparing the Aircraft for short-term storage (if requested to do so pursuant to Section 5.7 hereof) and placing the Aircraft in the condition required hereunder, shall be for the account of Lessee. At the time of such return, the Airframe and Engines or engines installed thereon:
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Related to General Condition upon Return

  • General Condition The Aircraft will: (a) be clean by international airline standards; (b) have installed the full complement of engines and other material equipment, parts and accessories and loose equipment required under the Agreed Maintenance Program and installed in the other Boeing/▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ MD-87 aircraft operated by Lessee (together with any additions and improvements thereto, or replacements thereof, effected pursuant to and in accordance with this Agreement) and be in a condition suitable for immediate operation in commercial service; (c) be airworthy, conform to type design and be in a condition for safe operation with all equipment, components and systems operating in accordance with their intended use and within limits established by the manufacturer and approved by the Aviation Authority, and all pilot discrepancies and deferred maintenance items cleared on a terminating action basis; (d) have a U.S. Standard Transport Category Certificate of Airworthiness issued by the FAA in accordance with FAR Part 129 (or if required by the Lessor, be eligible for a valid export certificate of airworthiness with respect to the Aircraft issued by the Aviation Authority) and unconditionally meet all FAA requirements for immediate operations under FAR Part 129; (e) comply with the manufacturer's original specification to the extent that it so complied on the date of this Agreement and subject to any alterations made pursuant to and in accordance with this Agreement after such date; (f) have undergone, immediately prior to redelivery, the MSG-3 equivalent of a "C" Check in accordance with the Agreed Maintenance Program so that all Airframe inspections falling due within the next 3,000 hours, 3,000 cycles or twelve months (whichever is applicable and most limiting) of operation in accordance with the Agreed Maintenance Program have been accomplished; (g) if the Flight Hours of the Airframe remaining until the scheduled completion of the Major Checks (collectively, a "Complete Heavy Work Package") on the Expiry Date are: (i) less than on the Delivery Date, then the Lessee shall pay to the Lessor an amount equal to the product of (a) the number of Flight Hours remaining until the scheduled completion of a Complete Heavy Work Package as of the Expiry Date that are less than the number of Flight Hours that were remaining until the scheduled completion of a Complete Heavy Work Package as of the Delivery Date (b) multiplied by US$50.00, provided, however, that no payment shall be due from -------- ------- Lessee under this clause (g)(i) if, immediately preceding the redelivery of the Aircraft, the Lessee has performed a Complete Heavy Work Package; (ii) more than on the Delivery Date, then the Lessor shall pay to the Lessee an amount equal to the product of (a) the number of Flight Hours remaining until the scheduled completion of a Complete Heavy Work Package as of the Expiry Date that are more than the number of Flight Hours that were remaining until the scheduled completion of a Complete Heavy Work Package as of the Delivery Date (b) multiplied by US$50.00; For the avoidance of doubt, any amounts due to the Lessor pursuant to this clause (g) may be set off against any amounts due to Lessee pursuant to paragraphs (b) or (d) of Schedule 10 and a payment made for the net amount due; (h) have complied with all airworthiness directives and mandatory orders affecting that model of Aircraft issued by the Aviation Authority (and, if different, the FAA) that are required terminating action during the Term; (i) no special or unique manufacturer inspection or check requirements specific to the Aircraft will exist unless there is no terminating action available from any source; (j) have installed all applicable vendor's and manufacturer's service bulletin kits received free of charge by the Lessee that are appropriate for the Aircraft and, to the extent not installed, those kits which have been received with respect to this Aircraft will be furnished free of charge to the Lessor; (k) be free of any system-related leaks which are outside maintenance manual limitations; (l) all fluid reservoirs (including fuel, oil, oxygen, hydraulic and water) will be full, and the waste tank serviced in accordance with the manufacturer's instructions; (m) if required under the Approved Maintenance Program, all fuel tanks will have recently undergone an anti-fungus/biological growth contamination laboratory evaluation, and any excessive levels of contamination corrected; (n) have an FAA-approved aging aircraft program in operation and up-to-date; and (o) have all signs and decals clean, secure and legible.

  • Termination upon Mutual Consent This Agreement may be terminated and the disaffiliation and the other transactions contemplated hereby may be abandoned at any time prior to the Disaffiliation Date by the mutual written consent of the Parties.

  • Special Condition With respect to Liability to the Fund or its shareholders, and subject to applicable state and federal law, the Board Member shall be indemnified pursuant to this Section 1 against any Liability unless such Liability arises by reason of the Board Member’s willful misfeasance, bad faith, gross negligence, or reckless disregard of the duties involved in the conduct of his or her office as defined in such Section 17(h) of the Investment Company Act of 1940, as amended (“Disabling Conduct”).

  • Financial Condition of Company Any Credit Extension may be made to Company or continued from time to time, and any Hedge Agreements may be entered into from time to time, in each case without notice to or authorization from any Guarantor regardless of the financial or other condition of Company at the time of any such grant or continuation or at the time such Hedge Agreement is entered into, as the case may be. No Beneficiary shall have any obligation to disclose or discuss with any Guarantor its assessment, or any Guarantor's assessment, of the financial condition of Company. Each Guarantor has adequate means to obtain information from Company on a continuing basis concerning the financial condition of Company and its ability to perform its obligations under the Credit Documents and the Hedge Agreements, and each Guarantor assumes the responsibility for being and keeping informed of the financial condition of Company and of all circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations. Each Guarantor hereby waives and relinquishes any duty on the part of any Beneficiary to disclose any matter, fact or thing relating to the business, operations or conditions of Company now known or hereafter known by any Beneficiary.

  • SPECIAL CONDITIONS In addition to the DFPS Grant Uniform Terms and Conditions, the Grantee agrees to comply with the following DFPS Grant Special Conditions.