Base Price; Performance Statistics Clause Samples

Base Price; Performance Statistics. As to each Engine, the “Base Price” for such Engine is set out on Schedule A under the heading “Base Price [***] provided that the Parties shall promptly meet and confer following the date of this Agreement to determine the Adjusted Engine Sales Prices as to any applicable Engines. Notwithstanding the foregoing, with respect to each Engine, either Party shall have the right, but not the obligation, exercisable by delivering written notice to the other Party on or prior to 5:00 p.m. Chicago, Illinois time on [***] (the “Adjustment Deadline”) to deem such Engine an “Appraisal Engine”, as to which the provisions of Section III(b) shall then apply.