Damage to Aircraft. Seller has no knowledge or notice that any loss or damage relating to the Aircraft, or an event that, with lapse of time or the making of a determination or both, might cause any loss or damage, has occurred, except for immaterial losses or damage that does not interfere with the operational status of the Aircraft.
Damage to Aircraft. Time Share Lessee shall be solely responsible for, and shall pay the costs of, repairs of any damage (normal wear and tear excepted) to the Aircraft that may be caused by Time Share Lessee’s passengers, baggage, or cargo.
Damage to Aircraft. In the event the Aircraft is partially destroyed or damaged, CFS shall have the option, in its sole discretion, to either (a) repair the Aircraft in order that it shall be placed in as least as good condition as it was prior to such partial destruction or damage, or (b) terminate the Lease. Within fifteen (15) days after the date of such partial destruction or damage, CFS shall give written notice to the Lessees specifying whether CFS has elected to fully repair the Aircraft or to terminate this Lease, which termination shall be effective immediately upon such written notice from CFS to the Lessees setting forth CFS’ election to so terminate this Lease.
Damage to Aircraft. In the event of a Casualty Occurrence with respect to the Aircraft prior to its delivery, Lessor shall promptly notify Lessee in writing, and this Lease shall terminate upon receipt of such written notice. In the event of an Excusable Delay with respect to the Aircraft which delays the delivery of the Aircraft hereunder to a date which is more than six months beyond the Estimated Delivery Date, or such later date as may be mutually agreed to by Lessor and Lessee, Lessor shall promptly notify Lessee in writing thereof, and at the option of either Lessor or Lessee, this Lease shall terminate with respect to the Aircraft (provided that such Excusable Delay is beyond the control of and is not occasioned by the fault or negligence of the party so electing) upon receipt of written notice thereof by the other party. Upon such termination, Lessor shall return to Lessee any and all Rent or other amounts (including any Security Deposit), and any Letter of Credit, theretofor received by Lessor with respect to the Aircraft or this Lease. Neither Lessor nor Lessee shall be responsible for the failure to deliver the Aircraft hereunder due to an Excusable Delay, provided that such Excusable Delay is beyond the control of and is not occasioned by the fault or negligence of such party.
Damage to Aircraft. Except to the extent caused by an affiliate of Lessor, Lessee agrees to be solely responsible for any damage, normal wear and tear excepted, to the Aircraft that may be caused by Lessee’s passengers, baggage, or cargo.
Damage to Aircraft. At the termination of any period during which the Renter rents an aircraft, t�e Renter shall return the aircraft to MIF in the same condition as when the airplane was received, excepting normal operational wear and tear. The Renter shall be liable to MIF for any and all loss or damage sustained by the aircraft due to Renter's negligence or misuse.
Damage to Aircraft. If prior to the Closing Date, but after the inspection of the Aircraft by BUYER which occurred immediately prior to the execution of this Sale Agreement by BUYER, the Aircraft incurs damage which is reasonably determined to materially diminish the value of the Aircraft, SELLER and BUYER will meet to establish a revised value for the Aircraft (the "Adjusted Sale Price"). If SELLER and BUYER are unable to agree upon the Adjusted Sale Price, the parties will select a neutral third party to make such determination and the cost of such neutral third party will be shared equally by both parties. If it is determined that the Adjusted Sale Price is not less than five percent (5%) below the Sale Price, SELLER will sell the Aircraft and BUYER will purchase the Aircraft for the Adjusted Sale Price. If it is determined that the Adjusted Sale Price for the Aircraft is five percent (5%) or more below the Sale Price, either SELLER or BUYER may elect without penalty, within ten (10) days after the determination of such revised value, to terminate this Sale Agreement.
Damage to Aircraft. At the termination of the rental period, Renter shall return the Aircraft to AVIATOR’S WING in the same condition as when received, excepting reasonable wear and tear. Renter shall be liable to AVIATOR’S WING for damage sustained by the Aircraft during the rental period.
Damage to Aircraft. If prior to the Closing Date the Aircraft incurs major structural damage which is reasonably determined to diminish the value of the Aircraft, BUYER may elect without penalty, to terminate this Purchase Agreement, in which case SELLER will return the Deposit to BUYER with the exception of any portion of the Deposit which may be necessary to satisfy any Lien that attaches to the Aircraft as a result of any action caused or authorized by BUYER on or after the Execution Date, or to satisfy any unpaid costs for a modification or loss occasioned by Buyer's work on the Aircraft prior to Closing.
Damage to Aircraft. Determine the condition of airworthiness of the aircraft Annex 6, Part I, Chapter 8, 8.2 Operator’s MCM Ensure that guidance is contained in an MCM acceptable to Bhutan Annex 6, Part I, Chapter 8, 8.3 Annex 6, Part I, Chapter 8, 8.4 Maintenance Programme Maintenance Records Approval of the Operator’s maintenance programme. Inspect maintenance records and documents every six months. Ensure that maintenance programme responsibilities and development procedures are contained in the MCM Inspect in accordance with the requirements of the AOC. Annex 6, Part I, Chapter 8, 8.5 Continuing airworthiness information Ensure that all [Bhutan] airworthiness requirements are understood by the operator. Ensure that airworthiness reports are provided to [Bhutan]. Annex 6, Part I, Chapter 8, 8.6; Doc 9642, Part VIII, Appendix A, 3.7 Modification and repairs Ensure these are approved by the State of Design/Manufacture and issue approval Ensure that procedures are contained in the Operator’s MCM. Annex 6, Part I, Chapter 8, 8.7; Approved maintenance organization Approval of the Operator’s base maintenance organization and procedures for Chapter 8, 8.7
