Legal Documents
Aircraft Lease Agreement
This Aircraft Lease Agreement applies to used aircraft lease arrangements contemplated between one party (“Lessor”) and another party (“Lessee”).
It is a document that sets out the terms and conditions upon which the Lessor wishes to lease an aircraft to the Lessee.
This Agreement may be modified as necessary.
₦15,000
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Aircraft Lease Agreement
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Table of Contents
- INTERPRETATION AND CONSTRUCTION
- TERM OF LEASE
- PAYMENTS
- TAXATION
- DELIVERY
- ACCEPTANCE AND WARRANTY
- TITLE OF THE AIRCRAFT
- LESSEE’S PURCHASE OPTION
- RETURN OF THE AIRCRAFT AT THE END OF LEASE
- LESSOR’S RIGHT TO INSPECT
- LAWFUL USE
- AIRCRAFT LOCATION
- LOG BOOKS AND RECORDS
- ADDITIONAL EQUIPMENT AND MODIFICATION
- PILOT QUALIFICATIONS
- MAINTENANCE AND REPAIRS
- HOLD HARMLESS
- LIABILITY INSURANCE
- ASSIGNMENT, SUBLEASE AND ENCUMBRANCE
- DEFAULT AND BREACH
- REPOSSESSION
- DISCLAIMER AND WAIVER
- NOTICES
- APPLICABLE LAW AND DISPUTE RESOLUTION
- ARBITRATION
- ENTIRE AGREEMENT
- AMENDMENT
- BINDING EFFECT; ASSIGNMENT
- ATTORNEYS’ FEES
- REMEDIES NOT EXCLUSIVE
- THIRD-PARTY RIGHTS
- RELATIONSHIP OF THE PARTIES
- FORCE MAJEURE
- CONFIDENTIALITY
- TERMINATION