Common use of Commitment to CRAF Clause in Contracts

Commitment to CRAF. So long as no Lease Default or Lease Event of Default shall have occurred and be continuing, Lessee may use the Aircraft in connection with contract solicitations by the Air Mobility Command of the United States Government (“AMC”) and may transfer possession of the Aircraft to the United States Government or any instrumentality or agency thereof pursuant to the Civil Reserve Air Fleet Program authorized under 10 U.S.C. § 9511 et seq., or any substantially similar or substitute program (hereafter, the “CRAF Program”), for a period not extending beyond the last day of the Lease Term, provided that: (i) the rights of the AMC or the recipient under the CRAF Program shall be subject and subordinate to all the terms of this Agreement, including the right of Lessor to terminate this Agreement and immediately repossess the Aircraft following a Lease Event of Default, (ii) Lessee shall remain primarily liable for the performance of all the terms of this Agreement to the same extent as if such use or transfer had not occurred, and (iii) Lessee shall promptly notify Lessor and Owner Participant upon subjecting the Airframe or any Engine to the CRAF Program in any contract year and provide Lessor and Owner Participant with the name and address of the Contracting Office Representative for the AMC to whom notice shall be given in connection [**] — Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission. with the enforcement of remedies under this Agreement pursuant to Section 10. Lessee agrees to promptly notify Lessor and Owner Participant in writing of the transfer of possession of the Airframe and any Engine to the CRAF Program and of any activation of the Airframe and any Engine under the CRAF Program.

Appears in 1 contract

Samples: Purchase Agreement (Hawaiian Holdings Inc)

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Commitment to CRAF. So long as no Lease Default Event or Lease Event of Default shall have occurred and be continuing, Lessee may use the Aircraft in connection with contract solicitations by the Air Mobility Command of the United States Government (“AMC”) and may transfer possession of the Aircraft to the United States Government or any instrumentality or agency thereof pursuant to the Civil Reserve Air Fleet Program authorized under 10 U.S.C. § 9511 et seq., or any substantially similar or substitute program (hereafter, the “CRAF Program”), for a period not extending beyond the last day of the Lease Term, provided that: (i) the rights of the AMC or the recipient under the CRAF Program shall be subject and subordinate to all the terms of this AgreementLease, including the right of Lessor to terminate this Agreement Lease and immediately repossess the Aircraft following a Lease an Event of Default, (ii) Lessee shall remain primarily liable for the performance of all the terms of this Agreement Lease to the same extent as if such use or transfer had not occurred, and (iii) Lessee shall promptly notify Lessor and Owner Participant upon subjecting the Airframe or any Engine to the CRAF Program in any contract year and provide Lessor and Owner Participant with the name and address of the Contracting Office Representative for the AMC to whom notice shall must be given in connection [**] — Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission. with the enforcement of remedies under this Agreement Lease pursuant to Section 10Article 15 hereof. Lessee agrees to promptly notify Lessor and Owner Participant in writing of the transfer of possession of the Airframe and any Engine to the CRAF Program and of any activation of the Airframe and any Engine under the CRAF Program.

Appears in 1 contract

Samples: Lease Agreement (Hawaiian Holdings Inc)

Commitment to CRAF. So long as no Lease Default or Lease Event of Default shall have occurred and be continuing, Lessee may use the Aircraft in connection with contract solicitations by the Air Mobility Command of the United States Government ("AMC") and may transfer possession of the Aircraft to the United States Government or any instrumentality or agency thereof pursuant to the Civil Reserve Air Fleet Program authorized under 10 U.S.C. § 9511 et seq., or any substantially similar or substitute program (hereafter, the "CRAF Program"), for a period not extending beyond the last day of the Lease Term, provided that: (i) the rights of the AMC or the recipient under the CRAF Program shall be subject and subordinate to all the terms of this Agreement, including the right of Lessor to terminate this Agreement and immediately repossess the Aircraft following a Lease Event of Default, (ii) Lessee shall remain primarily liable for the performance of all the terms of this Agreement to the same extent as if such use or transfer had not occurred, and (iii) Lessee shall promptly notify Lessor and Owner Participant upon subjecting the Airframe or any Engine to the CRAF Program in any contract year and provide Lessor and Owner Participant with the name and address of the Contracting Office Representative for the AMC to whom notice shall be given in connection [**] — Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission. with the enforcement of remedies under this Agreement pursuant to Section 10. Lessee agrees to promptly notify Lessor and Owner Participant in writing of the transfer of possession of the Airframe and any Engine to the CRAF Program and of any activation of the Airframe and any Engine under the CRAF Program.

Appears in 1 contract

Samples: Purchase Agreement (Hawaiian Holdings Inc)

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Commitment to CRAF. So long as no Lease Default or Lease Event of Default shall have occurred and be continuing, Lessee may use the Aircraft in connection with contract solicitations by the Air Mobility Command of the United States Government (“AMC”) and may transfer possession of the Aircraft to the United States Government or any instrumentality or agency thereof pursuant to the Civil Reserve Air Fleet Program authorized under 10 U.S.C. § 9511 et seq., or any substantially similar or substitute program (hereafter, the “CRAF Program”), for a period not extending beyond the last day of the Lease Term, provided that: (i) the rights of the AMC or the recipient under the CRAF Program shall be subject and subordinate to all the terms of this AgreementLease, including the right of Lessor to terminate this Agreement Lease and immediately repossess the Aircraft following a Lease an Event of Default, (ii) Lessee shall remain primarily liable for the performance of all the terms of this Agreement Lease to the same extent as if such use or transfer had not occurred, and (iii) Lessee shall promptly notify Lessor and Owner Participant upon subjecting the Airframe or any Engine to the CRAF Program in any contract year and provide Lessor and Owner Participant with the name and address of the Contracting Office Representative for the AMC to whom notice shall must be given in connection [**] — Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission. with the enforcement of remedies under this Agreement Lease pursuant to Section 10Article 24 hereof. Lessee agrees to promptly notify Lessor and Owner Participant in writing of the transfer of possession of the Airframe and any Engine to the CRAF Program and of any activation of the Airframe and any Engine under the CRAF Program.

Appears in 1 contract

Samples: Aircraft Lease Agreement (Hawaiian Holdings Inc)

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