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Common use of Voluntary Termination for Obsolescence Clause in Contracts

Voluntary Termination for Obsolescence.

Appears in 5 contracts

Sources: Lease Agreement (Midway Airlines Corp), Lease Agreement (Republic Airways Holdings Inc), Lease Agreement (Republic Airways Holdings Inc)

Related Clauses

  • Voluntary Termination for Good Reason
  • Voluntary Termination; Termination for Cause
  • Termination for Cause; Voluntary Termination
  • Involuntary Termination for Cause
  • Voluntary Termination

Parent Clauses

  • Lease of Aircraft Term Delivery Termination for Obsolescense Purchase Option

Sub-Clauses

  • Effect of No Sale or Preemptive Delivery to Lessor
  • Preemptive Election by Lessor
  • Termination of Lease
  • Payments Due Upon Sale of Aircraft
  • No Duty on Part of Lessor
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