Common use of Lease Engine Coverage Clause in Contracts

Lease Engine Coverage. CFM shall use reasonable efforts to provide the following lease engine coverage: a. If LAN has an aircraft on ground (“AOG”) situation, or will have an AOG situation within the next five (5) days, because the number of Engines which are undergoing or will undergo within five (5) days Qualified Shop Visits or are Unserviceable exceeds the required quantity of spare Engines according to Exhibit B of this Service Agreement, LAN is eligible for the lease engine coverage described in this Article 5.1.4, b. Within twenty-four (24) hours of being notified by LAN that the above described AOG situation exists, CFM shall use all reasonable efforts to locate an available lease engine and, within that period, shall notify LAN of the location of the closest available lease engine or that no such lease engine is available, c. CFM shall use reasonable efforts to deliver or cause to be delivered, any such available lease engine to LAN, Ex Works (Incoterms 2000), at the nearest CFM housekeeping facility or other mutually agreed location. CFM shall endeavor to provide this engine in a neutral QEC configuration. All transportation costs will be LAN’s responsibility, d. CFM’s obligation to use reasonable efforts to provide such lease engine will terminate when the AOG condition is corrected by the Redelivery of an Engine to LAN, subject to LAN’s obligation to return the lease engine set forth below, e. [***] f. LAN is not required to pay the applicable Rate Per Engine Flight Hour prices for the EFH incurred by the lease engine. 5.1.4.1 Lease Engine Condition CFM’s provision of such lease engine is predicated upon the following: a. The Parties have established a Removal Schedule, b. LAN has shipped the Engines for a Qualified Shop Visit within five (5) Days following removal from the aircraft,

Lease Engine Coverage. CFM shall use reasonable efforts to provide the following lease engine coverage: a. If LAN has an aircraft on ground (“AOG”) situation, or will have an AOG situation within the next five (5) days, because the number of Engines which are undergoing or will undergo within five (5) days Qualified Shop Visits or are Unserviceable exceeds the required quantity of spare Engines according to Exhibit B of this Service Agreement, LAN is eligible for the lease engine coverage described in this Article 5.1.4, b. Within twenty-four (24) hours of being notified by LAN that the above described AOG situation exists, CFM shall use all reasonable efforts to locate an available lease engine and, within that period, shall notify LAN of the location of the closest available lease engine or that no such lease engine is available, c. CFM shall use reasonable efforts to deliver or cause to be delivered, any such available lease engine to LAN, Ex Works (Incoterms 2000), at the nearest CFM housekeeping facility or other mutually agreed location. CFM shall endeavor to provide this engine in a neutral QEC configuration. All transportation costs will be LAN’s responsibility, d. CFM’s obligation to use reasonable efforts to provide such lease engine will terminate when the AOG condition is corrected by the Redelivery of an Engine to LAN, subject to LAN’s obligation to return the lease engine set forth below, e. [***] f. LAN is not required to pay the applicable Rate Per Engine Flight Hour prices for the EFH incurred by the lease engine. 5.1.4.1 Lease Engine Condition CFM’s provision of such lease engine is predicated upon the following: a. The Parties have established a Removal Schedule, b. LAN has shipped the Engines for a Qualified Shop Visit within five (5) Days following removal from the aircraft,