CFMI definition
Examples of CFMI in a sentence
Such assignment shall be effective from such date until ILFC notifies CFMI that the Lease has been cancelled or terminated.
The parties acknowledge such cancellation charge to be a reasonable estimate of the harm or damage to CFMI in such circumstances.
In any case, Airline agrees to promptly reimburse CFMI for any allowance overpayments determined to have been made at the application of the adjustment formula set forth above *****.
CFMI agrees to provide to Airline the following special allowances.
CFMI shall apply any progress payments or other deposits made to CFMI for any such Engine first to the cancellation charge for such Engine and thereafter to any other amounts owed to CFMI hereunder.
Progress payments held by CFMI in respect of any such Engine which are in excess of such amounts will be refunded to Airline.
Unless otherwise agreed by CFMI, no allowance shall be paid on Aircraft not accepted within the Delivery Period and such Aircraft shall not be counted for purposes of the adjustment formula set forth above.
Nothing contained herein shall subject CFMI to any obligation or liability to which it would not otherwise be subject under the GTA.
No further assignment of any remaining Warranties, including, without limitation, assignments for security purposes, are permitted without the express written consent of CFMI.
Nothing contained herein shall modify in any respect the contract rights of CFMI under the GTA or subject CFMI to any multiple or duplicative liability thereunder.