Common use of Initial Lease Term Clause in Contracts

Initial Lease Term. The term of leasing of the Aircraft will commence on the Delivery Date and continue for an initial lease term of ten (10) years (“Initial Lease Term”).

Appears in 3 contracts

Sources: Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.), Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.), Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)

Initial Lease Term. The term of leasing of the Aircraft will commence on the Delivery Date and continue for an initial lease term of ten (10) years (the “Initial Lease Term”).

Appears in 2 contracts

Sources: Credit Agreement (International Lease Finance Corp), Credit Agreement (International Lease Finance Corp)

Initial Lease Term. The term of leasing of the Aircraft will commence on the Delivery Date and continue for an initial lease term of ten One Hundred Forty-Five (10145) years months (the "Initial Lease Term").

Appears in 1 contract

Sources: Aircraft Lease Agreement (Frontier Airlines Inc /Co/)

Initial Lease Term. The term of leasing of the Aircraft will commence on the Delivery Date and continue for an initial lease term of ten seven (107) years (the "Initial Lease Term").

Appears in 1 contract

Sources: Aircraft Lease Agreement (Hawaiian Airlines Inc/Hi)