Common use of Credit Memorandum Clause in Contracts

Credit Memorandum. Boeing will provide concurrent with the delivery of each Model 767-316F Aircraft contained on the Aircraft Information Table No. 5 of the Purchase Agreement a credit memorandum equal to ***% of the escalated Airframe Price. This credit memorandum may be used for the purchase of any Boeing goods and services including aircraft but the credit memorandum may not be used for advance payments.

Appears in 2 contracts

Samples: Purchase Agreement (Lan Airlines SA), Purchase Agreement (Lan Airlines SA)

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Credit Memorandum. In consideration of Customer purchasing the 767 Aircraft, Boeing will provide concurrent with the delivery of each Model 767-316F and each Model 767-316ER Aircraft contained on the Aircraft Information Table Tables No. 5 5, 6, 7, and 8 of the Purchase Agreement a credit memorandum equal to [***% ] of the escalated Airframe Price. This credit memorandum may be used for the purchase of any Boeing goods and services including aircraft but the credit memorandum may not be used for advance payments.

Appears in 1 contract

Samples: Purchase Agreement (Lan Airlines SA)

Credit Memorandum. In consideration of Customer purchasing the Aircraft, Boeing will provide concurrent with the delivery of each Model 767-316F Aircraft contained on the Aircraft Information Table Tables No. 5 5, 6, 7, 8, 9 and 10 of the Purchase Agreement a credit memorandum equal to ***% of the escalated Airframe Price. This credit memorandum may be used for the purchase of any Boeing goods and services including aircraft but the credit memorandum may not be used for advance payments.

Appears in 1 contract

Samples: Purchase Agreement (Lan Airlines SA)

Credit Memorandum. In consideration of Customer purchasing the Aircraft, Boeing will provide concurrent with the delivery of each Model 767-316F Aircraft contained on the Aircraft Information Table Tables No. 5 5, 6, 7, 8 and 9 of the Purchase Agreement a credit memorandum equal to [***% ] of the escalated Airframe Price. This credit memorandum may be used for the purchase of any Boeing goods and services including aircraft but the credit memorandum may not be used for advance payments.

Appears in 1 contract

Samples: Purchase Agreement (Lan Airlines SA)

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Credit Memorandum. In consideration of Customer purchasing the Aircraft, Boeing will provide concurrent with the delivery of each Model 767-316F and each Model 767-316ER Aircraft contained on the Aircraft Information Table Tables No. 5 and 6 of the Purchase Agreement a credit memorandum equal to [***% ] of the escalated Airframe Price. This credit memorandum may be used for the purchase of any Boeing goods and services including aircraft but the credit memorandum may not be used for advance payments.

Appears in 1 contract

Samples: Purchase Agreement (Lan Airlines SA)

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