Common use of Lease of Aircraft Clause in Contracts

Lease of Aircraft. Owner agrees to lease the Aircraft to Lessee _________________ pursuant to the provisions of FAR 91-501(c)(1) and to provide a fully qualified flight crew for all operations for the period commencing on the date of this Agreement and terminating on the date Lessee ceases to serve in the capacity of at least President or Chief Executive Officer of NIKE, Inc.

Appears in 2 contracts

Samples: Sharing Agreement (Nike Inc), Aircraft Time Sharing Agreement (Nike Inc)

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Lease of Aircraft. Owner agrees to lease the Aircraft to Lessee _________________ pursuant to the provisions of FAR 91-501(c)(191.501(c)(1) and to provide a fully qualified flight crew for all operations for the period commencing on the date Effective Date of this Agreement and terminating on the date Lessee Kxxxx Xxxxxxx ceases to serve in the capacity of at least President or Chief Executive Operating Officer of NIKELessee, Inc.or sooner pursuant to Section 18.

Appears in 1 contract

Samples: Time Sharing Agreement (Openwave Systems Inc)

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Lease of Aircraft. Owner agrees to lease the Aircraft to Lessee _________________ from time to time as mutually agreed between the Parties pursuant to the provisions of FAR 91-501(c)(191.501(c)(1) and to provide a fully qualified flight crew for all operations for the period commencing on the date term of this Agreement and terminating on the date Lessee ceases to serve in the capacity of at least President or Chief Executive Officer of NIKE, Inc.Agreement.

Appears in 1 contract

Samples: Aircraft Time Sharing Agreement (Fortune Brands Inc)

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