Common use of Voluntary Termination for Obsolescence Clause in Contracts

Voluntary Termination for Obsolescence. 44 (a) Termination by Sale of Aircraft....................... 44 (b) Payments Due Upon Sale of Aircraft.................... 45 (c) Preemptive Election by Lessor......................... 45 (d)

Voluntary Termination for Obsolescence. 44 (a) Termination by Sale of Aircraft....................... ................................................. 44 (b) Payments Due Upon Sale of Aircraft.................... 45 .............................................. 46 (c) Preemptive Election by Lessor......................... 45 ................................................... 46 (d)