Demonstration Flight Sample Clauses

Demonstration Flight. Immediately prior to the Lessor’s technical acceptance of the Aircraft, the Lessee shall, at its own cost and using its own pilots, carry out a demonstration flight of the Aircraft of approximately two (2) hours with a minimum of two (2) of the Lessor’s representatives or observers (of which one (1) may be on the flight deck) in accordance with such procedures as may be mutually agreed between the Lessor and the Lessee (which shall be no less stringent than the procedures referred to in Clause 13.4 (Inspection)) to demonstrate that the Aircraft is in the Redelivery Condition.
AutoNDA by SimpleDocs
Demonstration Flight. 4.5.1 Immediately following the operational ground check pursuant to Section 4.4 of this Schedule 1, but prior to Lessor's technical acceptance of the Aircraft, Lessee shall, using its own pilots, carry out for the Inspecting Parties a demonstration flight in the Aircraft in accordance with such procedures as may be mutually agreed between Lessor and Lessee, which shall be no less stringent than the procedures used in Airframe Manufacturer's predelivery flight test, to demonstrate the proper functioning of the Aircraft systems and components within limits and/or guidelines established by the relevant manufacturers and the Aviation Authority. Such flight shall continue for the duration necessary to perform such check flight procedures, but for a period not exceeding two hours of flying time.
Demonstration Flight. Promptly after completion of any corrections required under Sections 10(f) and 10(g), the Aircraft shall be flown by Sublessee, using qualified flight test personnel and the applicable Manufacturer's test flight document, for approximately one and one-half hours for the purpose of demonstrating to Sublessor the satisfactory operation of the Aircraft and its equipment. During such test flight, command, care, custody and control of the Aircraft shall at all times remain with Sublessee. Representatives of Sublessor may participate in such flight as observers. A qualified pilot designated by Sublessor shall occupy the cockpit observer's seat as an observer during such demonstration flight. Upon completion of such demonstration flight, the representatives of Sublessee and Sublessor participating in such demonstration shall agree in writing upon any discrepancies in the Aircraft required to be corrected by Sublessee in order to comply with the provisions of this Section 10 and Sublessee shall promptly correct any such discrepancies. Subsequent to corrections of such discrepancies, Sublessor shall inspect and technically accept the Aircraft for redelivery subject to the requirements of this Section 10(h) and Sections 10(i) and (j) below. If any of the discrepancies referred to in Sections 10(f) and 10(g) or this Section 10(h) continue to persist, Sublessor may, at its option, agree to accept redelivery of the Aircraft and apply the procedure set forth in Section 10(j) for such discrepancies.
Demonstration Flight. Upon completion of the inspections described in Articles 5.1 and 5.4 of this Purchase Agreement and the correction of any Discrepancy found during such inspections required to bring the Aircraft into compliance with Article 5.3 of this Purchase Agreement, SELLER will at BUYER's request conduct a test flight of the Aircraft for BUYER or BUYER's representatives in accordance with Airframe Manufacturer's standard flight operation check flight procedures for a period not to exceed one (1) hour. Flight costs and fuel will be furnished by and at the expense of BUYER. Unless otherwise agreed in writing by the parties, any Discrepancy from the required condition at Delivery set forth in Article 5.3 will be corrected by SELLER at its cost prior to Delivery.
Demonstration Flight. Immediately prior to the proposed redelivery of the Aircraft, Lessee will carry out for Lessor or Lessor's representatives a demonstration flight in the Aircraft in accordance with Manufacturer's standard flight operation check flight procedures, for one hour in duration as necessary to perform such check flight procedures. Flight costs and fuel will be furnished by and at the expense of Lessee. Unless otherwise agreed in writing by the parties, any deficiencies from the Aircraft return condition requirements set forth in this Section 6 shall be corrected by Lessee, at Lessee's cost, prior to return of the Aircraft.
Demonstration Flight. The right, following completion of the “C” check referred to in Article 13.3.1, to have up to four of its representatives or designees (including potential or prospective lessees/purchasers) participate as direct observers in a demonstration flight of the Aircraft to be conducted by Lessee (at Lessee’s expense) in accordance with the Manufacturer’s standard flight operation check flight procedures. The demonstration flight shall demonstrate the airworthiness of the Aircraft and the proper functioning of all systems and components within limits, and shall be for a *** Material has been omitted pursuant to a request for confidential treatment and filed separately with the SEC duration necessary to perform such demonstration flight but in any event not more than of a maximum of ninety (90) minutes. All discrepancies and deficiencies from the return conditions provided herein shall be corrected by Lessee at its expense. If an additional demonstration flight is required after correction of such discrepancies and deficiencies discovered on the initial demonstration flight or during the inspections, Lessee shall provide such additional demonstration flight. Requests of Lessor’s representatives and designees during such demonstration flight(s) shall be carried out by the flight crew, provided that such request is not manifestly unreasonable and does not endanger the Aircraft or the crew.
Demonstration Flight. Seller shall provide Buyer with a demonstration flight on a Falcon 2000EX aircraft. The details of such flight shall be finalized subsequent to the execution of this Agreement and shall be mutually agreeable to the parties. Buyer hereby agrees to reimburse Seller for flight hours flown during such trips including any positioning and/or deadheading flights, at Seller’s hourly demo rate of US$2,500.00 per flight hour for U.S. domestic flights and US$3,000.00 per flight hour for international flights. The hourly demo rate represents reimbursement of direct operating costs as allowed by FAR 91.501, but does not include EXHIBIT 6 … 0000-00-00000 any federal, state, or local taxes, which may apply. Such flight hours shall be conducted in accordance with FAR 91-501 as a “Time Sharing Agreement.” This hourly demo rate represents reimbursement of direct operating costs as allowed by FAR 91.501. Such amount may be increased by any applicable federal, state, or local taxes. Such charge, in addition to any prior demonstration flight charges incurred by Buyer, shall be waived by Seller if Buyer completes its purchase of the Aircraft.
AutoNDA by SimpleDocs
Demonstration Flight. 6.1 Prior to Collection Date I and Collection Date II, the respective Airship will be flown by Rigid for such periods as may be required to demonstrate to Buyer the function of the Airships and its equipment in accordance with Rigid's production flight test procedures. The aggregate duration of such flights will not be less than 1,5 hours or more than 4 hours. Five persons designated by Buyer may participate in such flights as observers.
Demonstration Flight. (A) Immediately following the correction of any discrepancies pursuant to Section 2(c)(ii), but prior to Lessee's technical acceptance of the Aircraft, Lessee shall participate in a demonstration flight in the Aircraft, which shall be the first two hours of the ferry flight of the Aircraft from the Preliminary Inspection Location to the Delivery Location under the Purchase Agreement, in accordance with such procedures as may be mutually agreed between Lessor and Lessee (including, without limitation, such procedures set forth on Exhibit I) to demonstrate the proper functioning of the Aircraft systems and components within limits and/or guidelines established by the relevant manufacturers, the FAA. Such flight shall continue for a duration of up to two (2) hours. The power assurance run shall be performed immediately prior to the ferry flight.

Related to Demonstration Flight

  • Maintenance Training 16.8.1 The Seller will provide maintenance training for the Buyer’s ground personnel as further set forth in Appendix A to this Clause 16. The available courses will be as listed in the Seller’s Customer Services Catalog current at the time of the course. The practical training provided in the frame of maintenance training will be performed on the training devices in use in the Seller’s Training Centers.

  • Compliance Control Services (1) Support reporting to regulatory bodies and support financial statement preparation by making the Fund's accounting records available to the Trust, the Securities and Exchange Commission (the “SEC”), and the independent accountants.

  • Periodic Review of Costs of Environmental Compliance In the ordinary course of its business, the Company conducts a periodic review of the effect of Environmental Laws on the business, operations and properties of the Company and its subsidiaries, in the course of which it identifies and evaluates associated costs and liabilities (including, without limitation, any capital or operating expenditures required for clean-up, closure of properties or compliance with Environmental Laws or any permit, license or approval, any related constraints on operating activities and any potential liabilities to third parties). On the basis of such review and the amount of its established reserves, the Company has reasonably concluded that such associated costs and liabilities would not, individually or in the aggregate, result in a Material Adverse Change.

  • Repairs; Maintenance and Compliance Borrower shall at all times maintain, preserve and protect all franchises and trade names, and Borrower shall cause the Property to be maintained in a good and safe condition and repair and shall not remove, demolish or alter the Improvements or Equipment (except for alterations performed in accordance with Section 5.4.2 below and normal replacement of Equipment with Equipment of equivalent value and functionality). Borrower shall promptly comply with all Legal Requirements and immediately cure properly any violation of a Legal Requirement. Borrower shall notify Lender in writing within two (2) Business Days after Borrower first receives notice of any such non-compliance. Borrower shall promptly repair, replace or rebuild any part of the Property that becomes damaged, worn or dilapidated and shall complete and pay for any Improvements at any time in the process of construction or repair.

  • Listing and Maintenance Requirements Compliance The Company has not in the two years preceding the date hereof received written notice from any stock exchange, market or trading facility on which the Common Stock is or has been listed or quoted to the effect that the Company is not in compliance with the listing, maintenance or other requirements of such exchange, market, trading or quotation facility. The Company has no reason to believe that it does not now or will not in the future meet any such requirements.

  • Quality Service Standards/NAV Errors Price Associates and the Fund may, from time to time, agree to certain quality service standards, with respect to the Services hereunder. In the event Price Associates is the party responsible for causing an error in the computation of the net asset value for a Fund or share class of a Fund (“NAV Error”), the actions that are required to be taken as to such NAV Error shall be made in accordance with the Fund’s Net Asset Value Error Correction Policy and Procedures (“NAV Error Policy”) attached hereto as Schedule II.

  • TECHNICAL SUPPORT SERVICES 2.1 The technical support services (the "Services"): Party A agrees to provide to Party B the relevant services requested by Party B, which are specified in Exhibit 1 attached hereto ("Exhibit 1").

  • Maintenance and Operation (a) Lessee, at its own cost and expense, shall maintain, repair and keep each Unit, and cause the Manager under the Management Agreement to maintain, repair and keep each Unit, (i) according to Prudent Industry Practice and in all material respects, in good working order, and in good physical condition for railcars of a similar age and usage, normal wear and tear excepted, (ii) in a manner in all material respects consistent with maintenance practices used by the Manager in respect of railcars owned, leased or managed by the Manager similar in type to such Unit or, with respect to (A) any Equipment subject to an Existing Equipment Sublease that is a Net Sublease, maintenance practices used by the applicable Sublessee in respect of railcars similar in type to such Unit used by such Sublessee on its domestic routes in the United States; (provided further, however that after the return to the Manager of any Unit which was subject to a Net Sublease immediately prior to such return, such Unit shall be maintained and repaired in all material respects in a manner consistent with maintenance practices used by the Manager in respect of railcars owned, leased or managed by the Manager similar in type to such Unit) and (B) any Permitted Sublease that is a Net Sublease entered into after the Closing Date where (x) the long term unsecured debt of the applicable Sublessee is rated at least BBB- by S&P and Baa3 by Xxxxx'x (or at least BBB- by S&P or Baa3 by Xxxxx'x if then rated by only one such rating agency) or similarly rated by any rating agency, (y) the applicable Sublessee is organized under the laws of the United States or any State thereof and (z) the applicable Sublessee is the owner or lessee of at least 250 railcars used primarily on domestic routes in the United States, maintenance practices used by such Sublessee in respect of railcars similar in type to such Unit, (iii) in accordance with all manufacturer's warranties in effect but only to the extent that the lack of compliance therewith would reasonably be expected to adversely affect the coverage thereunder and in accordance with all applicable provisions, if any, of insurance policies required to be maintained pursuant to Section 12 and (iv) in compliance in all material respects with any applicable laws and regulations from time to time in effect, including, without limitation, the Field Manual of the AAR, FRA rules and regulations and Interchange Rules as they apply to the maintenance and operation of the Units in interchange regardless of upon whom such applicable laws and regulations are nominally imposed; provided, however, that, so long as the Manager or, with respect to any Equipment subject to an Existing Equipment Sublease which is a Net Sublease, the applicable Sublessee, as applicable, is similarly contesting such law or regulation with respect to all other similar equipment owned or operated by Manager or, with respect to any Equipment subject to an Existing Equipment Sublease which is a Net Sublease, the applicable Sublessee, as applicable, Lessee (or such Sublessee) may, in good faith and by appropriate proceedings diligently conducted, contest the validity or application of any such standard, rule or regulation in any manner that does not (w) materially interfere with the use, possession, operation or return of any of the Units, (x) materially adversely affect the rights or interests of Lessor, Policy Provider or the Indenture Trustee in the Units or hereunder, (y) expose Lessor, Policy Provider or the Indenture Trustee to criminal sanctions or (z) violate any maintenance requirements contained in any insurance policy required to be maintained by the Lessee under this Lease or the Collateral Agency Agreement if such violation would reasonably be expected to adversely affect the coverage thereunder; provided further, that Lessee shall promptly notify Lessor, Policy Provider and Indenture Trustee in reasonable detail of any such contest. In no event shall Lessee discriminate in any material respect as to the use or maintenance of any Unit (including the periodicity of maintenance or recordkeeping in respect of such Unit) as compared to equipment of a similar nature which the Manager owns or manages. Lessee will maintain all records, logs and other materials required by relevant industry standards or any governmental authority having jurisdiction over the Units required to be maintained in respect of any Unit, all as if Lessee were the owner of such Units, regardless of whether any such requirements, by their terms, are nominally imposed on Lessee, Lessor or Owner Participant.

  • Support Services Other than the assistance provided in the Information, the BNPP Entities do not offer any support services in connection with the Software.

  • Money Market Fund Compliance Testing and Reporting Services Subject to the authorization and direction of the Trust and, in each case where appropriate, the review and comment by the Trust’s independent accountants and legal counsel, and in accordance with procedures that may be established from time to time between the Trust and the Administrator, the Administrator will:

Time is Money Join Law Insider Premium to draft better contracts faster.