Common use of Maintenance of Aircraft Clause in Contracts

Maintenance of Aircraft. Lessor shall arrange and pay for all necessary maintenance for the Aircraft to keep it in airworthy operating condition and in compliance with all applicable FARs and the Aircraft Operating Manual, including without limitation all non-scheduled and scheduled repairs, inspection and other maintenance required with respect to the operation of the Aircraft. Notwithstanding the foregoing, Lessee shall pay for repairs of the Aircraft when such repair is necessary solely as a result of Lessee’s misuse of the Aircraft rather than ordinary wear and tear. Lessee’s duty to repair damage due to Lessee’s misuse specifically includes any cosmetic damage to the interior or exterior of the Aircraft, including upholstery, carpet, paint and static xxxxx. So long as reasonably and timely scheduled and performed by Lessor, Lessor shall have no expense or liability for repair or maintenance delays and shall not be liable to Lessee for any damage from loss of profit or loss of use of Aircraft, either during or outside a Lease Period.

Appears in 3 contracts

Samples: Exclusive Aircraft Lease Agreement, Non Exclusive Aircraft Lease Agreement (Laredo Petroleum, Inc.), Non Exclusive Aircraft Lease Agreement (Laredo Petroleum, Inc.)

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Maintenance of Aircraft. Lessor shall arrange and pay for all necessary maintenance for the Aircraft to keep it in airworthy operating condition and in compliance with all applicable FARs and the Aircraft Operating Manual, including without limitation all non-scheduled and scheduled repairs, inspection and other maintenance required with respect to the operation of the Aircraft. Notwithstanding the foregoing, Lessee shall pay for repairs of the Aircraft when such repair is necessary solely as a result of Lessee’s 's misuse of the Aircraft rather than ordinary wear and tear. Lessee’s 's duty to repair damage due to Lessee’s 's misuse specifically includes any cosmetic damage to the interior or exterior of the Aircraft, including upholstery, carpet, paint and static xxxxx. So long as reasonably and timely scheduled and performed by Lessor, Lessor shall have no expense or liability for repair or maintenance delays and shall not be liable to Lessee for any damage from loss of profit or loss of use of Aircraft, either during or outside a Lease Period.

Appears in 1 contract

Samples: Non Exclusive Aircraft Lease Agreement (Laredo Petroleum Holdings, Inc.)

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