Common use of Scope of Lease Clause in Contracts

Scope of Lease. The Lessor agrees to lease the following engine, capable of operation at 26,300 pounds thrust at Delivery, together with full QEC, and with FAA 8130-3 certification and EASA Form 1, and copies of all related technical records in English in Lessor’s possession and related engine transportation stand (collectively, the “Engine”) to the Lessee, and the Lessee agrees to lease the Engine from the Lessor, upon the terms set out in this Lease.

Appears in 2 contracts

Sources: Engine Sale and Purchase Agreement (Air T Inc), Engine Lease Agreement (Air T Inc)