Examples of Wet Lease in a sentence
No pooling agreement, sublease or other relinquishment of possession of the Airframe or any Engine or Wet Lease shall in any way discharge or diminish any of Lessee's obligations to Lessor hereunder or constitute a waiver of Lessor's rights or remedies hereunder.
Any Wet Lease or similar arrangement under which Lessee maintains operational control of the Aircraft shall not constitute a delivery, transfer or relinquishment of possession of the Aircraft for purposes of this section.
It is clarified that submission of the aforesaid Performance Guarantee by the successful Bidder(s) shall be a precondition for signing of the Wet Lease Agreement.
This appeal is pending since it was not decided as an interlocutory appeal.
The successful Bidder(s) shall not be entitled to seek any deviation, modification or amendment in the terms of the Wet Lease Agreement.