Common use of Option Exercise Clause in Contracts

Option Exercise. 4.1. Customer may exercise an option by giving written notice to Boeing on or before the option exercise dates listed in the Attachment (Option Exercise Date). 4.2. If Boeing must make production decisions which are dependent on Customer exercising an option earlier than the Option Exercise Date, Boeing may accelerate the Option Exercise Date subject to Customer's agreement. If Boeing and Customer fail to agree to a revised Option Exercise Date, either party may terminate the option and Boeing will refund to Customer, without interest, any Deposit and advance payments received by Boeing with respect to the terminated Aircraft.

Option Exercise. 4.1. 6.1 Customer may exercise an option by giving written notice to Boeing on or before the option exercise dates date *** prior to the first day of the delivery month listed in the Attachment A (Option Exercise Date). 4.2. If Boeing must make production decisions which are dependent on Customer exercising an option earlier than 6.3 Notwithstanding paragraph 6.1 above, for the Option Exercise DateAircraft scheduled to deliver in ***, Boeing may accelerate as of the effective date of Supplemental Agreement No. 4 to the Purchase Agreement, the Option Exercise Date subject to Customer's agreement. If Boeing and Customer fail to agree to a revised Option Exercise Date, either party may terminate will be the option and Boeing will refund to Customer, without interest, any Deposit and advance payments received by Boeing with respect date *** prior to the terminated Aircraft.first day of the delivery month listed in Attachment A.

Option Exercise. 4.1. 4.1 Customer may exercise an option by giving written notice to Boeing on or before the option exercise date [ * ] prior to the delivery dates listed in the Attachment (Option Exercise Date). Upon option exercise, Boeing will have the right to adjust the scheduled delivery by [ * ]. 4.24.2 [ * ] P.A. No. If Boeing must make production decisions which are dependent on Customer exercising an option earlier than the Option Exercise Date, Boeing may accelerate the Option Exercise Date subject to Customer's agreement. If Boeing and Customer fail to agree to a revised Option Exercise Date, either party may terminate the option and Boeing will refund to Customer, without interest, any Deposit and advance payments received by Boeing with respect to the terminated Aircraft.3157 (SA # 4) Option_Aircraft

Option Exercise. 4.1. 4.1 Customer may exercise an option by giving written notice to Boeing on or before the option exercise date [*] prior to the delivery dates listed in the Attachment (Option Exercise Date). Upon option exercise, Boeing will have the right to adjust the scheduled delivery by [*]. 4.2. If 4.1.1 Notwithstanding Section 4.1 above, Customer and Boeing must make production decisions which are dependent on Customer exercising an option earlier than the Option Exercise Date, Boeing may accelerate agree to revise the Option Exercise Date subject of six (6) Option Aircraft to Customer's agreement. If Boeing and Customer fail to agree to a revised [*], as summarized in Table A below: # Delivery Month of Option Aircraft Option Exercise Date, either party may terminate the option and Boeing will refund to Customer, without interest, any Deposit and advance payments received by Boeing with respect to the terminated Aircraft. 4.2 [*]

Option Exercise. 4.1. Customer may exercise an option by giving written notice to Boeing on or before the option exercise date twenty-four (24) months prior to the delivery dates listed in the Attachment (Option Exercise Date). 4.2. If Boeing must make production decisions which are dependent on Customer Customer’s exercising an option earlier than the Option Exercise Date, Boeing may accelerate the Option Exercise Date subject to Customer's ’s agreement. If Boeing and Customer fail to agree to a revised Option Exercise Date, either party may terminate the option and Boeing will refund to Customer, without interest, any Deposit and advance payments received by Boeing with respect to the terminated Option Aircraft.

Option Exercise. 4.1. 10.1 Customer may exercise an option by giving written notice to Boeing on or before the option exercise dates listed in the Attachment [***]. (Option Exercise Date). 4.2. 10.2 If Boeing must make production decisions which are dependent on Customer Customer's exercising an option earlier than the Option Exercise Date, Boeing may accelerate the Option Exercise Date and/or the delivery date for the Option Aircraft subject to Customer's agreement. If Boeing and Customer fail to agree to a revised Option Exercise DateDate and/or delivery date, either party may terminate the option and Boeing will refund to Customer, without interest, any Option Deposit and advance payments payments, if any, received by Boeing with respect to the terminated Option Aircraft.

Option Exercise. 4.1. 4.1 Customer may exercise an option by giving written notice to Boeing on or before the option exercise date 18 months prior to the delivery dates listed in the Attachment Attachments (Option Exercise Date). 4.2. 4.2 If Boeing must make production decisions which are dependent on Customer Customer's exercising an option earlier than the Option Exercise Date, Boeing may accelerate the Option Exercise Date subject to Customer's agreement. If Boeing and Customer fail to agree to a revised Option Exercise Date, either party may terminate the option and Boeing will refund to Customer, without interest, any Deposit and advance payments received by Boeing with respect to the terminated Option Aircraft.