Engine Maintenance Program Clause Samples
Engine Maintenance Program. (a) Lessor and Lessee shall negotiate in good faith and shall cooperate in seeking to maintain the Engines under the Delta Engine Program throughout the Term. AIRCRAFT LEASE AGREEMENT 13 MSN Lessor hereby represents to Lessee that, pursuant to the Delta Engine Program, should an Engine be removed from the Delta Engine Program after performance of a shop visit with respect to such Engine, Lessor (or an Affiliate of Lessor) shall be responsible for the payment of buy-out compensation (the “Buy-Out Compensation”) to Delta in an amount equal to the positive difference between (i) a reasonable time and material charge for the shop visit, as mutually determined by Delta and Lessor (or an Affiliate of Lessor) and (ii) the amount of fees paid to Delta under the Engine Maintenance Program for the Engine prior to the removal of the Engine from the Delta Engine Program. As a result of such requirement, should Lessee elect to remove an Engine from the Delta Engine Program during the Term, Lessee shall be responsible for the payment of any such Buy-Out Compensation to Delta as required by the Delta Engine Program; provided that Lessee shall have the right to approve the determination of the reasonableness of the subject time and material charges, with such approval not to be unreasonably withheld or delayed.
Engine Maintenance Program. Mesa agrees to enter into a maintenance program for its CRJ family engines covered under the Code Share Agreement which satisfies US Airways as reasonable for the aircraft in US Airways’ sole discretion.
Engine Maintenance Program. Engine Maintenance Program Provided Engine Condition o Yes o No Monitoring Trend Analysis Program?: Engine(s) operated at INCREASED or DECREASED Thrust Rating; Program limitations & required Mods. to operate at designated thrust rating
Engine Maintenance Program. The Aircraft is enrolled on the ___________ engine maintenance program, which shall be transferable to the Buyer. Any and all fees, charges or costs related to the ______________ Engine Maintenance program on each respective engine, which is incurred or accrued prior to the engine times at the time of Delivery shall be the sole responsibility of the Seller and shall be paid prior to or at time of Closing. Any and all fees, charges or cost related to the Engine Maintenance program on each respective engine, which is incurred or accrued subsequent to the engine times at the time of Delivery shall be the responsibility of the Buyer. Any transfer fees shall be the responsibility of the Buyer.
Engine Maintenance Program. The Engines will be maintained under the Delta Engine Program throughout the Term. In the event the Delta Engine Program is terminated for any reason Lessor will: (a) enroll the Engines in an alternate program providing equal or greater benefits as those provided under the Delta Engine Program; or (b) if no such program is available, maintain (or cause to be maintained) the Engines in an equal or greater condition than the Delta Engine Program, and, in either case, at no additional cost to Lessee. For clarity, if the Aircraft is subject to a Sublease, Lessor will continue to be responsible for all costs associated with maintaining the Engines as described in this Section 4.6.1, as consideration for Lessee’s payment of Variable Rent.
Engine Maintenance Program. This Aircraft is currently enrolled on the Rolls Royce Corporate Care engine maintenance service program. At Delivery Time the engine maintenance service program shall be transferred, fully paid and current, at no additional cost to Purchaser. In this case, a new engine maintenance service plan agreement shall be established between Purchaser and the engine manufacturer at the then current pricing.