Aircraft Operating Lease Agreement Template for India

1. Tax Provisions: Detailed tax arrangements when cross-border leasing or special tax considerations apply

2. Cape Town Convention Provisions: Specific provisions implementing Cape Town Convention requirements when applicable

3. Multiple Aircraft Provisions: Additional terms when the lease covers multiple aircraft

4. Sublease Provisions: Terms governing potential subleasing when permitted

5. Export/Import Provisions: Special terms for cross-border movement of aircraft

6. Financing Provisions: Additional terms when the aircraft is subject to financing arrangements

7. Sanctions Compliance: Specific provisions for compliance with international sanctions when relevant

8. Step-In Rights: Rights of financiers to take over the lease in case of default, when applicable

1. Aircraft Description: Detailed technical specifications of the aircraft

2. Conditions Precedent: List of conditions to be satisfied before lease commencement

3. Delivery Condition Requirements: Specific conditions the aircraft must meet at delivery

4. Return Condition Requirements: Detailed requirements for aircraft condition at lease termination

5. Insurance Requirements: Specific insurance coverage requirements and terms

6. Rent Payment Schedule: Detailed schedule of rent payments and calculations

7. Maintenance Reserve Rates: Rates and calculations for maintenance reserve payments

8. Form of Delivery Acceptance Certificate: Standard form for acknowledging aircraft delivery

9. Form of Return Acceptance Certificate: Standard form for acknowledging aircraft return

10. Permitted Sublessees: List of pre-approved potential sublessees if applicable

11. Required Documentation: List of technical and operational documents to be maintained

12. Power of Attorney: Standard form of power of attorney for aircraft registration/deregistration