Common use of Return of Aircraft Clause in Contracts

Return of Aircraft. provisions for redelivery of the relevant aircraft, including, if applicable, replacement engines and parts, on expiry or termination of the lease (other than any expiration or termination coincident with the purchase of the relevant aircraft pursuant to exercise of a purchase option by the relevant lessee or in cases in which such lease provides for retention of the relevant Aircraft by the lessee or for delivery to a third party), specifying the required return condition and any obligation upon the lessee to remedy or compensate the lessor, directly or indirectly, for any material deviations from such return condition in each case considering the other terms of the relevant lease and to the extent consistent with the reasonable commercial practices of leading international aircraft operating lessors;

Appears in 4 contracts

Samples: Airplanes Us Trust, Airplanes Us Trust, Airplanes Us Trust

AutoNDA by SimpleDocs

Return of Aircraft. provisions for redelivery of the relevant aircraft, including, if applicable, replacement engines and parts, on expiry or termination of the lease (other than any expiration or termination coincident with the purchase of the relevant aircraft Aircraft pursuant to exercise of a purchase option by the relevant lessee or in cases in which such lease provides for retention of the relevant Aircraft by the lessee or for delivery to a third party), specifying the required return condition and any obligation upon the lessee to remedy or compensate the lessor, directly or indirectly, for any material deviations from such return condition condition, in each case considering the other terms of the relevant lease and to the extent consistent with the reasonable commercial practices of leading international aircraft operating lessorsLeasing Company Practice;

Appears in 2 contracts

Samples: Aircraft Lease Agreement (International Lease Finance Corp), Aircraft Lease Agreement (International Lease Finance Corp)

Return of Aircraft. provisions for redelivery of the relevant aircraft, including, if applicable, replacement engines and parts, on expiry or termination of the lease (other than any expiration or termination coincident with the purchase of the 194 relevant aircraft pursuant to exercise of a purchase option by the relevant lessee or in cases in which such lease provides for retention of the relevant Aircraft by the lessee or for delivery to a third party), specifying the required return condition and any obligation upon the lessee Lessee to remedy or compensate the lessor, directly or indirectly, for any material deviations from such return condition condition, in each case considering the other terms of the relevant lease and to the extent consistent with the reasonable commercial practices of leading international aircraft operating lessors;

Appears in 1 contract

Samples: Indenture (Aerco LTD)

Return of Aircraft. provisions for redelivery of the relevant aircraft, including, if applicable, replacement engines and parts, on expiry or termination of the lease (other than any expiration or termination coincident with the purchase of the relevant aircraft pursuant to exercise of a purchase option Purchase Option by the relevant lessee or in cases in which such lease provides for retention of the relevant Aircraft by the lessee or for delivery to a third party), specifying the required return condition and any obligation upon the lessee to remedy or compensate the lessor, directly or indirectly, for any material deviations from such return condition condition, in each case considering the other terms of the relevant lease and to the extent consistent with the reasonable commercial practices of leading international aircraft operating lessors;

Appears in 1 contract

Samples: Trust Indenture (Avolon Holdings LTD)

AutoNDA by SimpleDocs

Return of Aircraft. provisions for redelivery of the relevant aircraft, including, if applicable, replacement engines and parts, on expiry or termination of the lease (other than any expiration or termination coincident with the purchase of the 181 relevant aircraft pursuant to exercise of a purchase option by the relevant lessee or in cases in which such lease provides for retention of the relevant Aircraft by the lessee or for delivery to a third party), specifying the required return condition and any obligation upon the lessee to remedy or compensate the lessor, directly or indirectly, for any material deviations from such return condition condition, in each case considering the other terms of the relevant lease and to the extent consistent with the reasonable commercial practices of leading international aircraft operating lessors;

Appears in 1 contract

Samples: Indenture (Morgan Stanley Aircraft Finance)

Return of Aircraft. provisions for redelivery of the relevant aircraftAircraft, including, if applicable, replacement engines and parts, on expiry or termination of the lease Lease (other than any expiration or termination coincident with the purchase of the relevant aircraft Aircraft pursuant to exercise of a purchase option by the relevant lessee Lessee or in cases in which such lease Lease provides for retention of the relevant Aircraft by the lessee or for delivery to a third party), specifying the required return condition and any obligation upon the lessee Lessee to remedy or compensate the lessorLessor, directly or indirectly, for any material deviations from such return condition condition, in each case considering the other terms of the relevant lease Lease and to the extent consistent with the reasonable commercial practices of leading international aircraft operating lessorsLeasing Company Practice;

Appears in 1 contract

Samples: Credit Agreement

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