PRELIMINARY CONDITIONS. Lessor will receive from Lessee, not later than two Business Days prior to the Scheduled Delivery Date, each of the following, satisfactory in form and substance to Lessor: (a) OPINION(S): forms of the opinion(s) substantially in the form of Schedule 8 that will be issued on the Delivery Date by legal counsel(s) reasonably acceptable to Lessor with respect to the laws of the State of New York, the state of the location of Lessee's chief executive offices and the general corporate laws of the State of Incorporation; (b) APPROVALS: evidence of the issue of each approval, license and consent, if any, which is required in relation to, or in connection with the performance by Lessee of any of its obligations under the Lease; (c) IMPORT: evidence that any required license, and all customs formalities, relating to the import of the Aircraft into the Habitual Base have been obtained or complied with, and that the import of the Aircraft into the Habitual Base is exempt from Taxes; (d) PROCESS AGENT: a letter from the process agent appointed by Lessee in the Lease accepting that appointment; (e) LICENSES: copies of Lessee's air transport license, air carrier operating certificate, air operator's certificates, including authority to operate the Aircraft under FAR Part 121, and a Certificate of Public Convenience and Necessity issued under Section 40102 of Title 49 of U.S.C.;
Appears in 1 contract
Sources: Aircraft Lease Agreement (Turn Works Acquisition Iii Sub a Inc)
PRELIMINARY CONDITIONS. Lessor will receive from Lessee, not later than two Business Days prior to the Scheduled Delivery Date, each of the following, satisfactory in form and substance to Lessor:
(a) OPINION(S): forms of the opinion(s) substantially in the form of Schedule 8 that will be issued on the Delivery Date by legal counsel(s) reasonably acceptable to Lessor with respect to the laws of the State of New York, the state of the location of Lessee's chief executive offices and the general corporate laws of the State of Incorporation;
(b) APPROVALS: evidence of the issue of each approval, license and consent, if any, which is required in relation to, or in connection with the performance by Lessee of any of its obligations under the Lease;
(c) IMPORT: evidence that any required license, and all customs formalities, relating to the import of the Aircraft into the Habitual Base have been obtained or complied with, and that the import of the Aircraft into the Habitual Base is exempt from Taxes;
(d) PROCESS AGENT: a letter from the process agent appointed by Lessee in the Lease accepting that appointment;
(e) LICENSES: copies of Lessee's air transport license, air carrier operating certificate, air operator's certificates, including authority to operate the Aircraft under FAR Part 121, and a Certificate of Public Convenience and Necessity issued under Section 40102 of Title 49 of U.S.C.;
Appears in 1 contract
Sources: Aircraft Lease Agreement (Turn Works Acquisition Iii Sub a Inc)
PRELIMINARY CONDITIONS. Lessor will receive from Lessee, not later than two Business Days prior to the Scheduled Delivery Date, each of the following, satisfactory in form and substance to Lessor:
(a) OPINION(S): forms of the opinion(s) substantially in the form of Schedule 8 that will be issued on the Delivery Date by legal counsel(s) reasonably acceptable to Lessor with respect to the laws of the State of New York, York the state of the location of Lessee's chief executive offices and the general corporate laws of the State of Incorporation;
(b) APPROVALS: evidence of the issue of each approval, license and consent, if any, which is required in relation to, or in connection with the performance by Lessee of any of its obligations under the Lease;
(c) IMPORT: evidence that any required license, and all customs formalities, relating to the import of the Aircraft into the Habitual Base have been obtained or complied with, and that the import of the Aircraft into the Habitual Base is exempt from Taxes;
(d) PROCESS AGENT: a letter from the process agent appointed by Lessee in the Lease accepting that appointment;
(e) LICENSES: copies of Lessee's air transport license, air carrier operating certificate, air operator's certificates, including authority to operate the Aircraft under FAR Part 121, and a Certificate of Public Convenience and Necessity issued under Section 40102 of Title 49 of U.S.C.;
Appears in 1 contract
Sources: Aircraft Lease Agreement (Turn Works Acquisition Iii Sub a Inc)