Common use of Termination Value Clause in Contracts

Termination Value. The amounts which are payable during any Renewal Term or Additional Renewal Term in respect of Termination Value with respect to the Aircraft shall take into account the fair market sales value (as computed pursuant to SECTION 19(c)) of the Aircraft as of the commencement of such Renewal Term or Additional Renewal Term, and the fair market sales value (as computed pursuant to SECTION 19(c)) at the end of the Renewal Term or any Additional Renewal Term and shall decline ratably on a monthly basis and shall be in the amounts set forth in EXHIBIT C.