Airframe Warranties Agreement

September 10th, 2021

The seller must obtain the performance of the aircraftframe warranty contract by the aircraft manufacturer and the engine guarantee letter by the engine manufacturer, whose agreements have been attached to them by the warranty provisions of the aircraft sales contract between the aircraft and the seller and the engine manufacturer`s warranties with respect to the engines. If the Service does not intend to obtain from the aircraft manufacturer and/or engine manufacturer confirmation of an assignment of ownership of the warranty proceeds in accordance with the safety documents, but intends to provide warranties to the safety agent under an Airframe warranty agreement and/or engine warranty agreement, the agent has also received a full copy of the applicable agreement(s). In accordance with the terms of the airframe warranty contract and the engine warranty contract, the lessor authorizes the lessee to exercise, from the date of delivery, the rights of the lessor in respect of airframe warranties or engine warranties under the conditions and subject to the terms of the airframe warranty contract and the engine warranty contract. During the lease period, the lessee shall enjoy the benefits of airframe warranties and engine warranties, in accordance with the terms of the Airframe Warranty Agreement or the Engine Warranty Agreement, respectively. The airframe guarantee contract and the engine guarantee contract relating to the aircraft financed by the proceeds of that loan at issue shall be executed and delivered by the parties on the relevant loan date of that relevant loan, unless otherwise agreed between the lender and the Republic. This site is protected by reCAPTCHA and Google`s privacy policy and terms of use apply. Unable to subscribe to the email address. Please try again. Learn more about FindLaw`s newsletters, including our terms of service and privacy policy.

The loan agent must have received an executed copy of the Airframe guarantee agreement, essentially as described in Appendix D, as well as the “first notification”, essentially in the form of Annex 3. assignment of the sales contract (if applicable); (m) Airframe Warranties Agreement (s) Engine Warranties Agreement; (o) the agreement and agreement of the manufacturer (if any); (p) aircraft purchase contract (if applicable); (q) vouchers; (r) SFOE sales contract; (s) powers; (t) aircraft safety documents; (u) letter of designation (if applicable); and (v) substitution supplements (if any). .

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