Common use of Maintenance Contracts Clause in Contracts

Maintenance Contracts. The Company will establish engine maintenance contracts designed, together with the partial pre-payment of eight near-term airframe D-checks, to meet the following objectives for the EETC Aircraft and Engines as of the end of each calendar month: (i) half-time (50%) "Aggregate Maintenance Condition" for all of the Aircraft and Engines, taken as a whole and not individually, in each EETC Series; and

Appears in 3 contracts

Sources: 1999 Eetc Restructuring and Forbearance Term Sheet Agreement (Atlas Air Inc), Restructuring and Forbearance Term Sheet Agreement (Atlas Air Worldwide Holdings Inc), Restructuring and Forbearance Term Sheet Agreement (Atlas Air Inc)