Conditions Precedent to Allowances Sample Clauses

Conditions Precedent to Allowances. “The allowances set forth in this document are contingent upon Airline purchasing and accepting delivery of a minimum of eighteen (18) Firm Order A319/A320 Aircraft and the two (2) Firm CFM56-5B spare Engines (one (1) CFM56-5B5/P and one (1) CFM56- 5B4/P) according to the delivery schedules in Attachment A, subject to Clauses A.1, A.3, A.5, A.6 and A.7 of this Letter Agreement No. 1 (hereinafter the “Conditions Precedent”). If the defined Conditions Precedent are not satisfied, the allowance levels shall be adjusted as defined below. The term “Aircraft” as used in this attachment shall mean any A319/A320 narrowbody/single isle series Aircraft powered by the CFM56-5B Engines. Qnty. Aircraft Delivered Allowance Adjustment 18 Firm Order A319/A320 Aircraft and up ***** From 1-17 Firm Order A319/A320 Aircraft ***** 0 firm A319/A320 Aircraft ***** “If Airline does not purchase and take delivery of the two (2) spare Engines per the delivery schedule in Attachment A, subject to Clauses A.3, A.5, A.6 and A.7 of this Letter Agreement No. 1, no later than ***** after the new Spare Engine delivery scheduled dates, the special per Aircraft Introductory Allowance ***** “In any case where an allowance adjustment is made, Airline shall reimburse CFM the appropriate amount as calculated per the above plus escalation on that amount per the Price Escalation Adjustment set forth in Attachment D. Escalation shall be calculated from time of initial Aircraft delivery to date of payment to CFM.”
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Conditions Precedent to Allowances. The allowances set forth in this document are contingent upon Airline acquiring a minimum of twenty-five (25) Firm Order A320 Aircraft and the five (5) Firm CFM56-5B spare Engines (in proportion to the actual fleet mix) according to the delivery schedules in Attachment A, (hereinafter the “Conditions Precedent”). If the defined Conditions Precedent are not satisfied, the allowance levels shall be adjusted as defined below. The term “
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Conditions Precedent to Allowances. The allowances set forth in this document are contingent upon Airline purchasing and accepting delivery of a minimum of eighteen (18) Firm Order A319/A320 Aircraft and the two (2) Firm CFM56-5B spare Engines (one (1) CFM56-5B5/P and one (1) CFM56-5B4/P) according to the delivery schedules in Attachment B, subject to Clauses A.5, A.7 and B.3 (hereinafter the “Conditions Precedent”). If the defined Conditions Precedent are not satisfied, the allowance levels shall be adjusted as defined below. The term “Aircraft” as used in this attachment shall mean any A319/A320 narrowbody/single isle series Aircraft powered by the CFM56-5B Engines.
Sample 1

Related to Conditions Precedent to Allowances

  • Conditions Precedent to All Loans Each Lender’s obligations to make each Loan is subject to the following conditions precedent:

  • Conditions Precedent to All Advances The obligation of Bank to make each Advance, including the initial Advance, is further subject to the following conditions:

  • CONDITIONS PRECEDENT TO LOAN The obligations of Lender to make the Loan hereunder are subject to the satisfaction by Borrower of the following conditions:

  • Conditions Precedent to Loans The obligation of each Lender to make any Loans is subject, at the time of each such Loan, to the satisfaction of the following conditions:

  • Conditions Precedent to Advances Notwithstanding any other provision of this Agreement, no Loan proceeds, Revolving Credit Loans, advances or other extensions of credit under the Loan shall be disbursed under this Agreement unless the following conditions have been satisfied or waived immediately before such disbursement:

  • Conditions Precedent to EFFECTIVENESS OF SECTIONS 2.01 AND 2.03. Sections 2.01 and 2.03 of this Agreement shall become effective on and as of the first date (the "EFFECTIVE DATE") on which the following conditions precedent have been satisfied:

  • Conditions Precedent to Purchase The Purchase under this Agreement is subject to the conditions precedent that (a) Buyer shall have received on or before the date of such purchase those documents listed on Schedule A and (b) all of the conditions to the initial purchase under the Purchase Agreement shall have been satisfied or waived in accordance with the terms thereof.

  • CONDITIONS PRECEDENT TO OBLIGATIONS OF EACH PARTY The obligations of each Party to effect the Merger and otherwise consummate the Contemplated Transactions to be consummated at the Closing are subject to the satisfaction or, to the extent permitted by applicable Law, the written waiver by each of the Parties, at or prior to the Closing, of each of the following conditions:

  • Conditions Precedent to Funding The obligations of the Lender to make any Advance, are subject to the conditions precedent that the Lender shall have received the following, in form and substance satisfactory to the Lender:

  • Conditions Precedent to the Consummation of the Purchase ---------------------------- The following are conditions precedent to the consummation of the Agreement on or before the Closing Date:

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