BUY-BACK DATE Sample Clauses

BUY-BACK DATE. 3.1 The Parties agree that the Buy-Back of the Final Buy-Back Items shall occur and be finalized not later than six (6) months after the Entry Into Force (the “Buy-Back Date”). 3.2 In the event that the Buy-Back of the Final Buy-Back Items has not occurred in whole or in part at the Buy-Back Date, the Parties will agree in good faith on a new date to finalize the Buy-Back for such remaining Items (the “Remaining Buy-Back Items”). 3.3 If the Parties fail to agree on such new date within ten (10) Days after the Buy-Back Date, the Parties shall have no right or obligation whatsoever with respect to the Buy-Back of such Remaining Buy-Back Items and AIRBUS shall be entitled to purchase from third parties said Remaining Buy-Back Items. 3.4 On the Buy-Back Date, AIRBUS shall issue a purchase order for the Final Buy-Back Items or upon agreement of the Parties on the new date for the Buy-Back of the Remaining Buy-Back Items.