Common use of Base Price Adjustments Clause in Contracts

Base Price Adjustments. The Aircraft Basic Price of the Option Aircraft will be adjusted to Boeing's then-current prices as of the date of execution of the definitive agreement for the Option Aircraft in accordance with the agreement reached below. The Aircraft Basic Price starting point for options delivering in 2003 is *** (July 1992 STE), for options delivering in 2004 is *** (July 1992 STE), for options delivering in 2005 through 2009 is *** (July 1992 STE). Such Aircraft Basic Price may increase in accordance with paragraphs 2.2.1, 2.2.2, 2.2.3 and 2.2.4. For any other changes to the Aircraft Basic Price, Boeing may increase the Aircraft Basic Price by a maximum of *** (July 1992 STE) for Aircraft delivering in 2005 and by a maximum of *** (July 1992 STE) per year or portion thereof starting in January 2006.

Appears in 2 contracts

Samples: Supplemental Agreement (Southwest Airlines Co), Supplemental Agreement (Southwest Airlines Co)

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Base Price Adjustments. The Aircraft Basic Price of the Option Aircraft will be adjusted to Boeing's then-current prices as of the date of execution of the definitive agreement for the Option Aircraft in accordance with the agreement reached below. The Aircraft Basic Price starting point for options delivering in 2003 from January 2002 through December 2006 is *** (July 1992 STE), for options delivering in 2004 is *** (July 1992 STE), for options delivering in 2005 through 2009 is *** (July 1992 STE). Such Aircraft Basic Price may increase in accordance with paragraphs 2.2.12.3.1, 2.2.22.3.2, 2.2.3 2.3.3 and 2.2.42.3.4. For any other changes to the Aircraft Basic Price, Boeing may increase the Aircraft Basic Price by a maximum of *** (July 1992 STE) for Aircraft delivering in 2005 and by a maximum of *** (July 1992 STE) per year or portion thereof starting in January 20062002.

Appears in 1 contract

Samples: Letter Agreement (Southwest Airlines Co)

Base Price Adjustments. The Aircraft Basic Price of the Option Aircraft will be adjusted to Boeing's then-current prices as of the date of execution of the definitive agreement for the Option Aircraft in accordance with the agreement reached below. The Aircraft Basic Price starting point for options delivering in 2003 is $ *** (July 1992 STE), for options delivering in 2004 is $ *** (July 1992 STE), for options delivering in 2005 through 2009 is $ *** (July 1992 STE). Such Aircraft Basic Price may increase in accordance with paragraphs 2.2.1, 2.2.2, 2.2.3 and 2.2.4. For any other changes to the Aircraft Basic Price, Boeing may increase the Aircraft Basic Price by a maximum of $ *** (July 1992 STE) for Aircraft delivering in 2005 and by a maximum of $ *** (July 1992 STE) per year or portion thereof starting in January 2006.

Appears in 1 contract

Samples: Supplemental Agreement (Southwest Airlines Co)

Base Price Adjustments. The Aircraft Basic Price of the Option Aircraft will be adjusted to Boeing's then-current prices as of the date of execution of the definitive agreement for the Option Aircraft in accordance with the agreement reached below. The Aircraft Basic Price starting point for options delivering in 2003 is *** (July 1992 STE), for options delivering in 2004 is *** (July 1992 STE), for options delivering in 2005 from January 2002 through 2009 December 2006 is *** (July 1992 STE). Such Aircraft Basic Price may increase in accordance with paragraphs 2.2.12.3.1, 2.2.22.3.2, 2.2.3 2.3.3 and 2.2.42.3.4. For any other changes to the Aircraft Basic Price, Boeing may increase the Aircraft Basic Price by a maximum of *** (July 1992 STE) for Aircraft delivering in 2005 and by a maximum of *** (July 1992 STE) per year or portion thereof starting in January 20062002.

Appears in 1 contract

Samples: Letter Agreement (Southwest Airlines Co)

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Base Price Adjustments. The Aircraft Basic Price of the Option Aircraft will be adjusted to Boeing's then-current prices as of the date of execution of the definitive agreement for the Option Aircraft in accordance with the agreement reached below. The Aircraft Basic Price starting point for options delivering in 2003 is $*** (July 1992 STE), for options delivering in 2004 is $*** (July 1992 STE), for options delivering in 2005 through 2009 and 2006 is $*** (July 1992 STE). Such Aircraft Basic Price may increase in accordance with paragraphs 2.2.1, 2.2.2, 2.2.3 and 2.2.4. For any other changes to the Aircraft Basic Price, Boeing may increase the Aircraft Basic Price by a maximum of *** (July 1992 STE) for Aircraft delivering in 2005 and by a maximum of $*** (July 1992 STE) per year or portion thereof starting in January 2006March 2003.

Appears in 1 contract

Samples: Letter Agreement (Southwest Airlines Co)

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