Habitual Base Sample Clauses

The "Habitual Base" clause establishes a standard or reference point based on the regular or customary practices of the parties involved. In practical terms, this clause may be used to determine obligations, performance levels, or expectations by referring to how similar actions have been routinely carried out in the past, such as the frequency of deliveries or the typical quality of goods provided. Its core function is to provide a clear benchmark for interpreting contractual duties, thereby reducing ambiguity and potential disputes over what constitutes proper performance.
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Habitual Base. LESSEE will ensure that the Aircraft is habitually based in the Habitual Base.
Habitual Base. The Borrower shall ensure that the habitual base for the Aircraft is at [◆ ].