Common use of Lessor Obligations Following Termination Date Clause in Contracts

Lessor Obligations Following Termination Date. Within five Business Days after (i) redelivery of the Aircraft to Lessor in accordance with and in the condition required by this Lease, or (ii) payment to Lessor of the Stipulated Loss Value following an Event of Loss, or in each case such later time as Lessor is satisfied that Lessee has irrevocably paid all amounts which may then be outstanding or become payable under this Lease and the other Lessee Documents, Lessor will return the Security paid or delivered to Lessor less amounts applied pursuant to Section 3.6(b).