Common use of Repairs and Replacement Clause in Contracts

Repairs and Replacement. If the Aircraft or any part thereof is lost, confiscated, damaged, destroyed or otherwise rendered unfit or unavailable for use, whether prior to or after Delivery, no Relevant Party shall be liable to repair the same or to supply any equipment in substitution therefor.

Appears in 8 contracts

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