Common use of Aircraft Procurement Clause in Contracts

Aircraft Procurement. No later than May 15, 2014, Mesa shall demonstrate to US Airways’ reasonable satisfaction that Mesa will be able to execute definitive leases for, or otherwise procure, the New Aircraft (for example by providing copies of executed leases, term xxxxxx, XXXx, or MOUs showing the induction date and term for the New Aircraft covered by such documents). Should Mesa fail to demonstrate to US Airways’ reasonable satisfaction that Mesa will procure and deliver the New Aircraft as required hereby, US Airways may, at its sole discretion, cancel the addition of the New Aircraft to the Code Share Agreement without any further liability or obligation whatsoever.

Appears in 2 contracts

Samples: Revenue Sharing Agreement (Mesa Air Group Inc), Revenue Sharing Agreement (Mesa Air Group Inc)

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Aircraft Procurement. No later than May February 15, 2014, Mesa shall demonstrate to US Airways’ reasonable satisfaction that Mesa will be able to execute definitive leases for, or otherwise procure, the New Aircraft (for example by providing copies of executed leases, term xxxxxx, XXXx, or MOUs showing the induction date and term for the New Aircraft covered by such documents). Should Mesa fail to demonstrate to US Airways’ reasonable satisfaction that Mesa will procure and deliver the New Aircraft as required hereby, US Airways may, at its sole discretion, cancel the addition of the New Aircraft to the Code Share Agreement without any further liability or obligation whatsoever.

Appears in 2 contracts

Samples: Revenue Sharing Agreement (Mesa Air Group Inc), Revenue Sharing Agreement (Mesa Air Group Inc)

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