Common use of AGTA Basic Articles Clause in Contracts

AGTA Basic Articles. 1.1 Article 2.1.1, “Airframe Price,” of the basic articles of the AGTA is revised to read as follows: Airframe Price is defined as the price of the airframe for a specific model of aircraft described in a purchase agreement. (For Models 737-600, 737-700, 737-800, 737-900, 737-7, 737-8, 737-9, 737-10, 747-8, 777-200LR, and 777-300ER, ***.) 1.2 Article 2.1.3, “Engine Price” of the basic articles of the AGTA is revised to read as follows: Engine Price is defined as the price set by the engine manufacturer for a specific engine to be installed on the model of aircraft described in a purchase agreement (*** to Models 737-600, 737-700, 737- 800, 737-900, 737-7, 737-8, 737-9, 737-10, 747-8, 777-200LR and 777- 300ER). UAL-PA-03776-LA-1208596R1 SA-10 AGTA Matters Page 1 BOEING PROPRIETARY 1.3 Article 2.1.5, “*** Adjustment” of the basic articles of the AGTA is revised to read as follows: *** Adjustment is defined as the price adjustment to the Airframe Price (*** for Models 737-600, 737-700 737-800, 737-900, 737- 7, 737-8, 737-9, 737-10, 747-8, 777-200LR and 777-300ER) and the *** Features Prices resulting from the calculation using the economic price formula contained in the *** to the ***. The price adjustment to the Engine Price for all other models of aircraft will be calculated using the *** in the ***. 1.4 Article 11 of the AGTA i entitled “Notices” is revised to read as follows: Article 11.

Appears in 1 contract

Sources: Supplemental Agreement (United Airlines, Inc.)

AGTA Basic Articles. 1.1 1.1.1 Article 2.1.1, “Airframe Price,” of the basic articles of the AGTA is revised to read as follows: Airframe Price is defined as the price of the airframe for a specific model of aircraft described in a purchase agreement. (For Models 737-600, 737-700, 737-800, 737-900900ER, 737-7, 737-8, 737-9, 737-10, 747-8, 777-200LR, and 777-300ER, 300ER ***.) 1.2 1.1.2 Article 2.1.3, “Engine Price” of the basic articles of the AGTA is revised to read as follows: Engine Price is defined as the price set by the engine manufacturer for a specific engine to be installed on the model of aircraft described in a purchase agreement (*** to Models 737-600, 737-700, 737- 737-800, 737-900900ER, 737-7, 737-8, 737-9, 737-10, 747-8, 777-200LR and 777- 777-300ER). UAL-PA-03776-LA-1208596R1 SA-10 AGTA Matters Page 1 BOEING PROPRIETARY. 1.3 1.1.3 Article 2.1.5, “*** Escalation Adjustment” of the basic articles of the AGTA is revised to read as follows: *** Escalation Adjustment is defined as the price adjustment to the Airframe Price (*** for Models 737-600, 737-700 737-800, 737-900900ER, 737- 737-7, 737-8, 737-9, 737-10, 747-8, 777-200LR and 777-300ER) and the *** Optional Features Prices resulting from the calculation using the economic price formula contained in the *** to the ***. The price adjustment to the Engine Price for all other models of aircraft will be calculated using the *** in the *** to the ***. 1.4 Article 11 of the AGTA i entitled “Notices” is revised to read as follows: Article 11.

Appears in 1 contract

Sources: Purchase Agreement (United Air Lines Inc)