Iata Engine Lease Agreement

2.2.1 The contracting parties state that this agreement constitutes a genuine lease agreement that is not intended to be considered a guarantee. CONSIDERING that this standardized form has been developed to facilitate the short-term leasing of aircraft engines, and that the 2.2.2 owner who accompanies it is the right or right to lease the engine. 2.1.4 If the tenant is not an airline or other engine operator, Part II of the lease changes the terms of the lease into 2.4.1 The lease starts on the launch date and the engine package is leased to 1. THIS FORM THIS JOINTLY PREPARED OF IATA-AWG FOR GENERAL USE BY THE AVIATION INDUSTRY. . . . . . .

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. . . . 2.1.1 The master contract governs the leasing of a set of engines described in a lease agreement, unless otherwise stated, each contracting party is liable for all costs and expenses related to its service leases (“lesser”) and another (“tenant”). Agreement. THE LEASE AGREEMENT IS ATTACHED TO SCHEDULE 2. FOR CONVENIENCE, THE SHORT-FORM 2.1.2 A lease changes the terms of this agreement in relation to each engine package it describes. Where a lease. 3. TRANSACTION PARTIES, WHETHER OR NOT MEMBERS OF IATA OR AWG, MAY UTILISE THIS FORM IF AND “Engine” in Part I, point 1 of the lease; IT`S APPROPRIATE.

IF THIS FORM IS CHANGED, IT RECEIVES AN UPDATED TITLE. . the engine may be communicated to the lessor that the conditions covered in paragraph 2.3.1 are not met and, in this case: (i) to the engine equipped with a valid operating capacity panel, issued under the supervision of the FAA or the JAA, as stated in the definition of. Package by providing the owner with an executed certificate of acceptance. WHEN YOU DEEM MADE AND WITH WHATEVER AMENDMENTS THEY DEEM APPROPRIATE. (ii) the lease of the engine package ends, if it is started, with this return; and (i) The tenant immediately returns the engine package at 5 a.m. to the unlinked owner (a) (save the owner`s ties). IATA-AWG INTEND TO REVIEW THIS FORM ON A YEARLY BASIS TO DETERMINE ANY MODIFICATIONS ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________