Common use of Use of Aircraft Clause in Contracts

Use of Aircraft. Lessee may operate the Aircraft only by pilots holding valid Federal Aviation licenses, certificates and qualifications, with the exceptions as stated in the following paragraph; provided, however, that it shall not use the Aircraft in violation of any foreign, federal, state, territorial or municipal law or regulation and shall be solely responsible for any fines, penalties or forfeitures and taxes occasioned by any violation thereof, and if such fines or penalties are imposed upon Lessor and paid by it, Lessee shall reimburse it therefor within ten (10) days after demand by Lessor. Lessee agrees that in the event of seizure of the Aircraft under the provisions of Title 49 of the United States Code, Section 1473, it will indemnify the Lessor for the payment of any civil penalty assessed under such title and section and shall, in the event of such seizure, post bond in such amount and with such terms as shall be required to cause the immediate release of the Aircraft to Lessor.

Appears in 5 contracts

Samples: Helicopter Lease Agreement (Ata Holdings Corp), Helicopter Lease Agreement (Ata Holdings Corp), Lear Jet Aircraft Lease Agreement (Ata Holdings Corp)

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