Common use of Time Components Clause in Contracts

Time Components. All hard time components installed on the Aircraft shall be serviceable, in compliance with the manufacturer’s maintenance program and accompanied by appropriate documentation supporting the last accomplished shop visit, inspection, or overhaul as applicable. Upon return to Lessor all Hard Time Components shall have the same or greater time remaining to the next-due overhaul or limiter as the Aircraft at the Closing Date;

Appears in 2 contracts

Sources: Master Agreement (Surf Air Mobility Inc.), Master Agreement (Surf Air Mobility Inc.)