Common use of LESSOR OBLIGATIONS Clause in Contracts

LESSOR OBLIGATIONS. Lessor hereby agrees with Lessee that during the Term, it shall: 7.1 ensure that the Aircraft is operative and duly maintained according to FAA and/or ANAC standards, provided that the Aircraft may need to be grounded for a (cumulative) maximum of one (1) day per each fifteen (15) days of availability hereunder, for technical necessities. 7.2 provide spares and support equipment for maintenance of the Aircraft and, in general, shall ensure that the Aircraft shall always be in conformity with and ready to provide the Services. 7.3 be responsible for all flight and ground operations and activities of the Aircraft. Lessee agrees to render assistance and logistics support as necessary. 7.4 not cause or permit the Aircraft to be operated in any manner contrary to the operating limitations set forth in the Aircraft’s flight manual or any part thereof or any recommendation or regulation of the applicable aviation authorities. 7.5 comply with the legal requirements of the Brazilian and U.S. and/or other aviation authorities (including without limitation, any country to, from or over which the Aircraft may be flown in accordance with this Agreement). 7.6 Assist Lessee with all requested paper work and legal formalities required for the Aircraft, aircraft parts, and Lessor personnel for the purpose of maintaining, training crewing or repair of the aircraft.

Appears in 2 contracts

Sources: Aircraft Lease and Purchase Option Agreement (Erickson Air-Crane Inc), Aircraft Lease and Purchase Option Agreement (Erickson Air-Crane Inc)