Dry Lease Agreement Template

NO MODIFICATION OR MODIFICATION OF THE RENTAL AGREEMENT OR ANY WAIVER OF ANY OF ITS PROVISIONS OR CONDITIONS IS VALID UNLESS IT IS SIGNED IN WRITING AND BY A PLENIPOTENTIARY REPRESENTATIVE OF EACH PARTY TO THIS RENTAL AGREEMENT. This agreement can be executed in counterparties that together form a document. The termination or termination of this rental agreement by the lessor in accordance with the provisions of the rental agreement does not exempt the tenant from the obligations then outstanding to the lessor under this rental agreement. (c) the lessor has the right to obtain any proceeds from the sale, lease or other assignment of the aircraft and has the right to apply them in the following order of priority: (i) to pay all costs, expenses and expenses of the lessor who, in exercising its rights under such lease or assumption of responsibility, distance; the retaining, repair, sale, leasing or other transfer of the aircraft; (ii) to the extent not previously paid by the lessee, to pay to the lessor all sums due by the lessee under the lease agreement; (iii) reimburse the Tenant for all sums previously paid by the Tenant as lump sum damages; and (iv) any excess must be paid to the tenant. The tenant must pay immediately for defects (i) and ii). . . .