Common use of Redelivery Reports Clause in Contracts

Redelivery Reports. Upon redelivery of the Engine in accordance with the terms of the Lease, Lessee will (i) perform the redelivery checks, tasks and inspections specified in Clause A of Schedule 8, (ii) deliver to Lessor the redelivery documents specified in Clause B of Schedule 8 and (iii) prepare, execute and deliver to Lessor the Engine operational report and a redelivery checks and inspection report in the respective forms of Schedule 7 and Schedule 8.

Appears in 2 contracts

Sources: Engine Sale and Purchase Agreement (Air T Inc), Engine Lease Agreement (Air T Inc)