Common use of Advance Payment Schedule Clause in Contracts

Advance Payment Schedule. Advance payment for each Aircraft will be made to Boeing by Buyer as follows: Due Date of Payment Amount Due /per Aircraft/ (Percentage times Advance Payment Base Price) Upon signing the Agreement 1% (less the Deposit) 24 months prior to the first 4% day of the scheduled delivery month of the Aircraft 21 months prior to the first 5% day of the scheduled delivery month of the Aircraft 18 months prior to the first 5% day of the scheduled delivery month of the Aircraft 12 months prior to the first 5% day of the scheduled delivery month of the Aircraft 9 months prior to the first 5% day of the scheduled delivery month of the Aircraft 6 months prior to the first 5% day of the scheduled delivery month of the Aircraft/ Total 30%

Appears in 2 contracts

Sources: Purchase Agreement (Alaska Air Group Inc), Purchase Agreement (Alaska Airlines Inc)

Advance Payment Schedule. Advance payment for each Aircraft will be made to Boeing by Buyer as follows: Due Date of Payment Amount Due /per Aircraft/ per Aircraft (Percentage times Advance Payment Base Price) Upon signing the Agreement 1% (less the Deposit) 24 months prior to the first 4% day of the scheduled delivery month of the Aircraft 21 months prior to the first 5% day of the scheduled delivery month of the Aircraft 18 months prior to the first 5% day of the scheduled delivery month of the Aircraft 12 months prior to the first 5% day of the scheduled delivery month of the Aircraft 9 months prior to the first 5% day of the scheduled delivery month of the Aircraft 6 months prior to the first 5% day of the scheduled delivery month of the Aircraft/ Aircraft Total 30%

Appears in 2 contracts

Sources: Purchase Agreement (Continental Airlines Inc /De/), Supplemental Agreement (Continental Airlines Inc /De/)

Advance Payment Schedule. Advance payment for each Aircraft will be made to Boeing by Buyer as follows: Due Date of Payment Amount Due /per Aircraft/ per Aircraft ------------------ ----------------------- (Percentage times Advance Payment Base Price) Upon signing the Agreement 1% (less the Deposit) 24 months prior to the first 4% day of the scheduled delivery month of the such Aircraft 21 months prior to the first 5% day of the scheduled delivery month of the such Aircraft 18 months prior to the first 5% day of the scheduled delivery month of the such Aircraft 12 months prior to the first 5% day of the scheduled delivery month of the such Aircraft 9 months prior to the first 5% day of the scheduled delivery month of the such Aircraft 6 months prior to the first 5% day of the scheduled delivery month of the Aircraft/ such Aircraft ---- Total 30%% P.A. 1947 5-1 K/WPA

Appears in 2 contracts

Sources: Purchase Agreement (Western Pacific Airlines Inc /De/), Purchase Agreement (Western Pacific Airlines Inc /De/)

Advance Payment Schedule. Advance payment for each Aircraft will be made to Boeing by Buyer as follows: Due Date of Payment Amount Due /per Aircraft/ (Percentage times Advance Payment Base Price) Upon signing the Purchase Agreement 11 % (less the Deposit) 24 months prior to the first 4% day of the scheduled delivery month of the Aircraft 4 % 21 months prior to the first 5% day of the scheduled delivery month of the Aircraft 5 % 18 months prior to the first 5% day of the scheduled delivery month of the Aircraft 5 % 12 months prior to the first 5% day of the scheduled delivery month of the Aircraft 5 % 9 months prior to the first 5% day of the scheduled delivery month of the Aircraft 5 % 6 months prior to the first 5% day of the scheduled delivery month of the Aircraft/ Aircraft 5 % Total 30%30 % P.A. 2924 Page 5

Appears in 1 contract

Sources: Purchase Agreement (Northwest Airlines Corp)