Common use of OPERATIONAL INFORMATION Clause in Contracts

OPERATIONAL INFORMATION. Lessee will: 11.6.1 promptly furnish to Lessor all information Lessor from time to time reasonably requests regarding the Aircraft, any Engine or any part thereof, its use, registration, location and condition including the hours available on the Aircraft and any Engine until the next scheduled check, inspection, performance restoration, overhaul or shop visit, as the case may be; 11.6.2 on request, promptly furnish to Lessor evidence satisfactory to Lessor that all payments due to the relevant Government Entities, air traffic control, airport and navigation authorities, the EU-ETS Authority (or relevant “competent authority” under the EU-ETS Laws) if applicable, in either case in respect of the Aircraft or other aircraft being operated by Lessee (or any other operator of the Aircraft or wet-lessee), have been paid and discharged in full other than in respect of such charges which are being contested by ▇▇▇▇▇▇ in good faith by appropriate proceedings; 11.6.3 no later than the 10th day of each calendar month after the Delivery Date and on the Expiry Date, furnish to Lessor a maintenance status report with respect to the utilization of the Aircraft in the prior calendar month substantially in the form attached hereto as Schedule 12 which shall include, among other things, the Flight Hours and Cycles operated by the Aircraft, each Engine and the APU, the location of the Aircraft, each Engine and the APU and such other technical status information requested by Lessor; 11.6.4 promptly on becoming aware of the same notify ▇▇▇▇▇▇ in writing of: (a) any Total Loss with respect to the Aircraft, the Airframe, any Engine or APU; (b) any loss, theft, damage or destruction to the Aircraft, any Engine or any part thereof, or any modification to the Aircraft if (A) the potential cost of repairs may exceed the Damage Notification Thresholdor its equivalent in any other currency, or (B) Lessee is required to report the same to the Aviation Authority; and (c) any loss, arrest, hijacking, confiscation, seizure, requisition, impound, taking in execution, detention or forfeiture of the Aircraft or any part thereof; (d) any apparent violation of any Trade Laws involving the Aircraft; and (e) any event, accident or incident in respect of the Aircraft that might reasonably be expected to involve any Relevant Party or Lessee in a Loss in excess of the Damage Notification Thresholdor its equivalent in any other currency, or which is required to be reported to the Aviation Authority. 11.6.5 provide Lessor not less than 60 days’ prior written notice of each “C” Check, provided that if any such maintenance event is to occur less than 60 days after the scheduling thereof, Lessee shall provide written notice of such maintenance event promptly upon the scheduling thereof; 11.6.6 upon request by Lessor, if any letter or authority already provided to Lessor is insufficient to permit Lessor to access such information on its own, Lessee will authorise Eurocontrol, the EU-ETS Authority (or relevant “competent authority” under the EU-ETS Laws) or any other airport authority, air traffic control or navigation authority or creditor claiming rights in respect of the Aircraft to confirm to Lessor and/or Servicer the status of Lessee’s payments to such creditor in respect of the Aircraft and Lessee’s (or any other operator of the Aircraft or wet-lessee’s) other aircraft, as and when requested by Lessor and/or Servicer; and 11.6.7 promptly notify Lessor of any agreement or arrangement reached by Lessee with Eurocontrol, the EU-ETS Authority (or relevant “competent authority” under the EU-ETS Laws), any airport authority, air traffic control or navigation authority or creditor for the purposes of restructuring, deferring or in any way reorganising payment of any debt owed by Lessee to such authority.

Appears in 2 contracts

Sources: Aircraft Operating Lease Agreement (Global Crossing Airlines Group Inc.), Aircraft Operating Lease Agreement (Global Crossing Airlines Group Inc.)

OPERATIONAL INFORMATION. Lessee will: 11.6.1 promptly furnish to Lessor all information Lessor from time to time reasonably requests regarding the Aircraft, any Engine or any part thereof, its use, registration, location and condition including the hours available on the Aircraft and any Engine until the next scheduled check, inspection, performance restoration, overhaul or shop visit, as the case may be; 11.6.2 on request, promptly furnish to Lessor evidence satisfactory to Lessor that all payments due to the relevant Government Entities, air traffic control, airport and navigation authorities, the EU-ETS Authority (or relevant “competent authority” under the EU-ETS Laws) if applicable, in either case in respect of the Aircraft or other aircraft being operated by Lessee (or any other operator of the Aircraft or wet-lessee), have been paid and discharged in full other than in respect of such charges which are being contested by ▇▇▇▇▇▇ Lessee in good faith by appropriate proceedings; 11.6.3 no later than the 10th day of each calendar month after the Delivery Date and on the Expiry Date, furnish to Lessor a maintenance status report with respect to the utilization of the Aircraft in the prior calendar month substantially in the form attached hereto as Schedule 12 which shall include, among other things, the Flight Hours and Cycles operated by the Aircraft, each Engine and the APU, the location of the Aircraft, each Engine and the APU and such other technical status information requested by Lessor; 11.6.4 promptly on becoming aware of the same notify ▇▇▇▇▇▇ in writing of: (a) any Total Loss with respect to the Aircraft, the Airframe, any Engine or APU; (b) any loss, theft, damage or destruction to the Aircraft, any Engine or any part thereof, or any modification to the Aircraft if (A) the potential cost of repairs may exceed the Damage Notification Thresholdor its equivalent in any other currency, or (B) Lessee is required to report the same to the Aviation Authority; and (c) any loss, arrest, hijacking, confiscation, seizure, requisition, impound, taking in execution, detention or forfeiture of the Aircraft or any part thereof; (d) any apparent violation of any Trade Laws involving the Aircraft; and (e) any event, accident or incident in respect of the Aircraft that might reasonably be expected to involve any Relevant Party or Lessee in a Loss in excess of the Damage Notification Thresholdor its equivalent in any other currency, or which is required to be reported to the Aviation Authority. 11.6.5 provide Lessor not less than 60 days’ prior written notice of each “C” Check, provided that if any such maintenance event is to occur less than 60 days after the scheduling thereof, Lessee shall provide written notice of such maintenance event promptly upon the scheduling thereof; 11.6.6 upon request by Lessor, if any letter or authority already provided to Lessor is insufficient to permit Lessor to access such information on its own, Lessee will authorise Eurocontrol, the EU-ETS Authority (or relevant “competent authority” under the EU-ETS Laws) or any other airport authority, air traffic control or navigation authority or creditor claiming rights in respect of the Aircraft to confirm to Lessor and/or Servicer the status of Lessee’s payments to such creditor in respect of the Aircraft and Lessee’s (or any other operator of the Aircraft or wet-lessee’s) other aircraft, as and when requested by Lessor and/or Servicer; and 11.6.7 promptly notify Lessor of any agreement or arrangement reached by Lessee with Eurocontrol, the EU-ETS Authority (or relevant “competent authority” under the EU-ETS Laws), any airport authority, air traffic control or navigation authority or creditor for the purposes of restructuring, deferring or in any way reorganising payment of any debt owed by Lessee to such authority.

Appears in 2 contracts

Sources: Aircraft Operating Lease Agreement (Global Crossing Airlines Group Inc.), Aircraft Operating Lease Agreement (Global Crossing Airlines Group Inc.)

OPERATIONAL INFORMATION. Lessee will: 11.6.1 promptly furnish to Lessor all information Lessor from time to time reasonably requests regarding the Aircraft, any Engine or any part thereof, its use, registration, location and condition including the hours available on the Aircraft and any Engine until the next scheduled check, inspection, performance restoration, overhaul or shop visit, as the case may be; 11.6.2 on request, promptly furnish to Lessor evidence satisfactory to Lessor that all payments due to the relevant Government Entities, air traffic control, airport and navigation authorities, the EU-ETS Authority (or relevant “competent authority” under the EU-ETS Laws) if applicable, in either case in respect of the Aircraft or other aircraft being operated by Lessee (or any other operator of the Aircraft or wet-lessee), have been paid and discharged in full other than in respect of such charges which are being contested by ▇▇▇▇▇▇ Lessee in good faith by appropriate proceedings; 11.6.3 no later than the 10th day of each calendar month after the Delivery Date and on the Expiry Date, furnish to Lessor a maintenance status report with respect to the utilization of the Aircraft in the prior calendar month substantially in the form attached hereto as Schedule 12 which shall include, among other things, the Flight Hours and Cycles operated by the Aircraft, each Engine and the APU, the location of the Aircraft, each Engine and the APU and such other technical status information requested by Lessor; 11.6.4 promptly on becoming aware of the same notify L▇▇▇▇▇ in writing of: (a) any Total Loss with respect to the Aircraft, the Airframe, any Engine or APU; (b) any loss, theft, damage or destruction to the Aircraft, any Engine or any part thereof, or any modification to the Aircraft if (A) the potential cost of repairs may exceed the Damage Notification Thresholdor its equivalent in any other currency, or (B) Lessee is required to report the same to the Aviation Authority; and (c) any loss, arrest, hijacking, confiscation, seizure, requisition, impound, taking in execution, detention or forfeiture of the Aircraft or any part thereof; (d) any apparent violation of any Trade Laws involving the Aircraft; and (e) any event, accident or incident in respect of the Aircraft that might reasonably be expected to involve any Relevant Party or Lessee in a Loss in excess of the Damage Notification Thresholdor its equivalent in any other currency, or which is required to be reported to the Aviation Authority. 11.6.5 provide Lessor not less than 60 days’ prior written notice of each “C” Check, provided that if any such maintenance event is to occur less than 60 days after the scheduling thereof, Lessee shall provide written notice of such maintenance event promptly upon the scheduling thereof; 11.6.6 upon request by Lessor, if any letter or authority already provided to Lessor is insufficient to permit Lessor to access such information on its own, Lessee will authorise Eurocontrol, the EU-ETS Authority (or relevant “competent authority” under the EU-ETS Laws) or any other airport authority, air traffic control or navigation authority or creditor claiming rights in respect of the Aircraft to confirm to Lessor and/or Servicer the status of Lessee’s payments to such creditor in respect of the Aircraft and Lessee’s (or any other operator of the Aircraft or wet-lessee’s) other aircraft, as and when requested by Lessor and/or Servicer; and 11.6.7 promptly notify Lessor of any agreement or arrangement reached by Lessee with Eurocontrol, the EU-ETS Authority (or relevant “competent authority” under the EU-ETS Laws), any airport authority, air traffic control or navigation authority or creditor for the purposes of restructuring, deferring or in any way reorganising payment of any debt owed by Lessee L▇▇▇▇▇ to such authority.

Appears in 1 contract

Sources: Aircraft Operating Lease Agreement (Global Crossing Airlines Group Inc.)

OPERATIONAL INFORMATION. Lessee will: 11.6.1 promptly furnish to Lessor all information Lessor from time to time reasonably requests regarding the Aircraft, any Engine or any part thereof, its use, registration, location and condition including the hours available on the Aircraft and any Engine until the next scheduled check, inspection, performance restoration, overhaul or shop visit, as the case may be; 11.6.2 on request, promptly furnish to Lessor evidence satisfactory to Lessor that all payments due to the relevant Government Entities, air traffic control, airport and navigation authorities, the EU-ETS Authority (or relevant “competent authority” under the EU-ETS Laws) if applicable, in either case in respect of the Aircraft or other aircraft being operated by Lessee (or any other operator of the Aircraft or wet-lessee), have been paid and discharged in full other than in respect of such charges which are being contested by ▇▇▇▇▇▇ Lessee in good faith by appropriate proceedings; 11.6.3 no later than the 10th day of each calendar month after the Delivery Date and on the Expiry Date, furnish to Lessor a maintenance status report with respect to the utilization of the Aircraft in the prior calendar month substantially in the form attached hereto as Schedule 12 which shall include, among other things, the Flight Hours and Cycles operated by the Aircraft, each Engine and the APU, the location of the Aircraft, each Engine and the APU and such other technical status information requested by Lessor; 11.6.4 promptly on becoming aware of the same notify L▇▇▇▇▇ in writing of: (a) any Total Loss with respect to the Aircraft, the Airframe, any Engine or APU; (b) any loss, theft, damage or destruction to the Aircraft, any Engine or any part thereof, or any modification to the Aircraft if (A) the potential cost of repairs may exceed the Damage Notification Thresholdor its equivalent in any other currency, or (B) Lessee is required to report the same to the Aviation Authority; and (c) any loss, arrest, hijacking, confiscation, seizure, requisition, impound, taking in execution, detention or forfeiture of the Aircraft or any part thereof; (d) any apparent violation of any Trade Laws involving the Aircraft; and (e) any event, accident or incident in respect of the Aircraft that might reasonably be expected to involve any Relevant Party or Lessee in a Loss in excess of the Damage Notification Thresholdor its equivalent in any other currency, or which is required to be reported to the Aviation Authority. 11.6.5 provide Lessor not less than 60 days’ prior written notice of each “C” Check, provided that if any such maintenance event is to occur less than 60 days after the scheduling thereof, Lessee shall provide written notice of such maintenance event promptly upon the scheduling thereof; 11.6.6 upon request by Lessor, if any letter or authority already provided to Lessor is insufficient to permit Lessor to access such information on its own, Lessee will authorise Eurocontrol, the EU-ETS Authority (or relevant “competent authority” under the EU-ETS Laws) or any other airport authority, air traffic control or navigation authority or creditor claiming rights in respect of the Aircraft to confirm to Lessor and/or Servicer the status of Lessee’s payments to such creditor in respect of the Aircraft and Lessee’s (or any other operator of the Aircraft or wet-lessee’s) other aircraft, as and when requested by Lessor and/or Servicer; and 11.6.7 promptly notify Lessor of any agreement or arrangement reached by Lessee with Eurocontrol, the EU-ETS Authority (or relevant “competent authority” under the EU-ETS Laws), any airport authority, air traffic control or navigation authority or creditor for the purposes of restructuring, deferring or in any way reorganising payment of any debt owed by Lessee to such authority.

Appears in 1 contract

Sources: Aircraft Operating Lease Agreement (Global Crossing Airlines Group Inc.)