Total Loss of Aircraft or Airframe Sample Clauses

Total Loss of Aircraft or Airframe. If the Total Loss of the Aircraft or Airframe occurs during the Lease Term, the following will occur:
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Total Loss of Aircraft or Airframe. (a) If a Total Loss of the Airframe or the Aircraft occurs prior to Delivery, this Agreement will immediately terminate and except as expressly stated in this Agreement neither party will have any further obligation or liability under this Agreement other than pursuant to Clause 18.9, except that Lessor will pay to Lessee an amount equal to the balance of the Security Amount paid by Lessee under Clause 6.2(a).
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Total Loss of Aircraft or Airframe. (a) If a Total Loss of the Aircraft or the Airframe occurs prior to Delivery, the obligations of the Lessor and the Head Lessee under this Agreement will immediately terminate.
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Total Loss of Aircraft or Airframe. Upon a Total Loss of the Aircraft or the Airframe occurs prior to Delivery, this Agreement will immediately terminate and except as expressly stated herein, neither party shall have any further obligation or liability under this Agreement. If a Total Loss of the Aircraft or Airframe occurs during the Lease Period, Lessee shall give Lessor prompt notice thereof (in any event within three (3) business days of the occurrence thereof) and Lessee’s obligations hereunder (including the payment of Basic Rent) other than obligations relating to maintenance of the Aircraft shall, subject to the terms hereof, continue and Lessor and Lessee shall proceed diligently and cooperate fully with each other in the recovery of the Total Loss Proceeds.
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Total Loss of Aircraft or Airframe. If the Total Loss of the Aircraft or Airframe occurs during the Term, the following will occur:
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Total Loss of Aircraft or Airframe. 59 19.4 Surviving Engine(s)....................................60 19.5
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Related to Total Loss of Aircraft or Airframe

  • Aircraft This peril includes self-propelled missiles and spacecraft.

  • Condition of Aircraft Upon any Return Occasion, Lessee shall return such Aircraft to Lessor in such condition that the Aircraft shall also comply with each and every condition and requirement set forth elsewhere in this Lease, including Exhibit E hereto.

  • Aircraft Liability (Additional requirement applicable for aerial photograph or contract involving any use of aircraft.)

  • Engines POSITION SERIAL NO. TOTAL HOURS TOTAL CYCLES HRS/CYCLES SINCE LAST SHOP VISIT Time Remaining to Next LIFE LIMITED PART REMOVAL PART NAME HOURS CYCLES MSN MSN

  • Aircraft Basic Price The Aircraft Basic Price is listed in Table 1 and is subject to escalation in accordance with the terms of this Purchase Agreement.

  • Lease of Aircraft Lessor agrees to lease the Aircraft to Lessee pursuant to the provisions of FAR Section 91.501(b)(6) and Section 91.501(c)(1) and this Agreement, and to provide a fully-qualified and credentialed flight crew for all flights to be conducted hereunder during the Term (as defined in Section 13) hereof. The parties acknowledge and agree that this Agreement did not result in any way from any direct or indirect advertising, holding out or soliciting on the part of Lessor or any person purportedly acting on behalf of Lessor. Lessor and Lessee intend that the lease of the Aircraft effected by this Agreement shall be treated as a “wet lease” pursuant to which Lessor provides transportation services to Lessee in accordance with FAR Section 91.501(b)(6) and Section 91.501(c)(1).

  • Engine A. Any internal repairs or replacement of internal components, or replacement of engine assembly.

  • Collocation of Switching Equipment CLEC may collocate any equipment that is necessary for Interconnection or access to Unbundled Network Elements.

  • Condition of Equipment Each Grantor will maintain or cause to be maintained and preserved in good condition, repair and working order, ordinary wear and tear excepted, the Equipment (necessary or useful to its business) and will forthwith, or in the case of any loss or damage to any Equipment of any Grantor within a commercially reasonable time after the occurrence thereof, make or cause to be made all repairs, replacements and other improvements in connection therewith which are necessary or desirable, consistent with past practice, or which the Collateral Agent may request to such end. Any Grantor will promptly furnish to the Collateral Agent a statement describing in reasonable detail any such loss or damage in excess of $25,000 per occurrence to any Equipment.

  • Return of Aircraft 64 23.1 Date of Return................................................64 23.2

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