Lease Engine Coverage Sample Clauses

Lease Engine Coverage. A. CFM shall use reasonable efforts to provide the following lease engine coverage i. If AVIANCATACA has an aircraft on ground (“AOG”) situation because the number of Engines in process at the CFM Designated Repair Station for Qualified Shop Visits exceeds the required quantity of spare Engines, as set forth in Exhibit B, and none of AVIANCATACA’s spare Engines are available because they are either receiving a Qualified Shop Visit or installed on an aircraft operated by AVIANCATACA and not by a third party, AVIANCATACA is eligible for the lease engine coverage described in this Article 5.1.4, ii. Within twenty-four (24) hours of being notified by AVIANCATACA that the above described AOG situation exists, CFM shall advise AVIANCATACA of the location of the closest available lease engine, iii. CFM shall Deliver or cause to be Delivered, such lease engine to AVIANCATACA, Ex Works (Incoterms 2010), at a CFM housekeeping facility or other mutually agreed location. CFM shall endeavor to provide this engine in a neutral QEC configuration. All transportation costs, including insurance will be AVIANCATACA’s responsibility, iv. CFM’s obligation to provide such lease engine will terminate when the AOG condition is corrected by the Redelivery of an Engine to AVIANCATACA and the passage of a reasonable amount of time to install such Engine in replacement of the leased engine, subject to AVIANCATACA’s obligation to return the lease engine set forth below, v. AVIANCATACA shall pay then-current market rates (but not to exceed the EFH rate that would apply)for the hourly restoration charges and the LLP fees per flight cycle payable under the lease in respect of the lease engine until the lease engine is removed from AVIANCATACA’s aircraft. CFM will waive the daily engine rental fees payable under the lease in respect of the lease engine.
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Lease Engine Coverage. CFM shall use reasonable efforts to provide the following lease engine coverage: a. If LAN has an aircraft on ground (“AOG”) situation, or will have an AOG situation within the next five (5) days, because the number of Engines which are undergoing or will undergo within five (5) days Qualified Shop Visits or are Unserviceable exceeds the required quantity of spare Engines according to Exhibit B of this Service Agreement, LAN is eligible for the lease engine coverage described in this Article 5.1.4, b. Within twenty-four (24) hours of being notified by LAN that the above described AOG situation exists, CFM shall use all reasonable efforts to locate an available lease engine and, within that period, shall notify LAN of the location of the closest available lease engine or that no such lease engine is available, c. CFM shall use reasonable efforts to deliver or cause to be delivered, any such available lease engine to LAN, Ex Works (Incoterms 2000), at the nearest CFM housekeeping facility or other mutually agreed location. CFM shall endeavor to provide this engine in a neutral QEC configuration. All transportation costs will be LAN’s responsibility, d. CFM’s obligation to use reasonable efforts to provide such lease engine will terminate when the AOG condition is corrected by the Redelivery of an Engine to LAN, subject to LAN’s obligation to return the lease engine set forth below, e. [***] f. LAN is not required to pay the applicable Rate Per Engine Flight Hour prices for the EFH incurred by the lease engine. 5.1.4.1 Lease Engine Condition CFM’s provision of such lease engine is predicated upon the following: a. The Parties have established a Removal Schedule, b. LAN has shipped the Engines for a Qualified Shop Visit within five (5) Days following removal from the aircraft,
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Lease Engine Coverage. A. CFM shall use reasonable efforts to provide the following lease engine coverage: If AIRLINE has an aircraft on ground (“AOG”) situation because the number of Engines in process at the CFM Designated Repair Station for Qualified Shop Visits exceeds the required quantity of spare Engines, as set forth in Exhibit B, and none of AIRLINE’s spare Engines are available because they are either receiving a Qualified Shop Visit or installed on an aircraft operated by AIRLINE and not by third party, AIRLINE is eligible for the lease engine coverage described in this Article 5.1.4, i. Within ***** of being notified by AIRLINE that the above described AOG situation exists, CFM shall use reasonable efforts to advise AIRLINE of the location of the closest available lease engine, ii. CFM shall use reasonable efforts to deliver or cause to be delivered, such lease engine to AIRLINE, ***** CFM shall endeavor to provide this engine ***** All transportation costs will be***** responsibility, iii. CFM’s obligation to use reasonable efforts to provide such lease engine will terminate when ***** ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. iv. shall pay the hourly restoration charges and the LLP fees per flight cycle payable under the lease in respect of the lease engine until ***** *****
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Lease Engine Coverage. A. CFM shall use reasonable efforts to provide the following lease engine coverage: If AIRLINE has an aircraft on ground (“AOG”) situation because the number of Engines in process at the CFM Designated Repair Station for Qualified Shop Visits exceeds the required quantity of spare Engines, as set forth in Exhibit B, and none of AIRLINE’s spare Engines are available because they are either receiving a Qualified Shop Visit or installed on an aircraft operated by AIRLINE and not by third party, AIRLINE is eligible for the lease engine coverage described in this Article 5.1.4, *****.
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Related to Lease Engine Coverage

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