Common use of Option Exercise Clause in Contracts

Option Exercise. 5.1 To exercise its Option, Buyer will give written or telegraphic notice thereof to Boeing on or before eighteen (18) months prior to the first day of the delivery month of each Option Aircraft. In such notice Buyer will select the Option Model type, and the applicable delivery positions.

Appears in 4 contracts

Samples: Letter Agreement (Southwest Airlines Co), Letter Agreement (Southwest Airlines Co), Supplemental Agreement (Southwest Airlines Co)

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Option Exercise. 5.1 To exercise its Option, Buyer will give written or telegraphic notice thereof to Boeing on or before eighteen sixteen (1816) months prior to the first day of the delivery month of each Option Aircraft. In such notice Buyer will select the Option Model type, and the applicable delivery positions. Table 2 of the Agreement lists the Option Exercise dates.

Appears in 3 contracts

Samples: Supplemental Agreement (Southwest Airlines Co), Supplemental Agreement (Southwest Airlines Co), Supplemental Agreement (Southwest Airlines Co)

Option Exercise. 5.1 To exercise its Option, Buyer will give written or telegraphic notice thereof to Boeing on or before eighteen sixteen (1816) months prior to the first day of the delivery month of each Option Aircraft. In such notice Buyer will select the Option Model type, and the applicable delivery positions.

Appears in 3 contracts

Samples: Supplemental Agreement (Southwest Airlines Co), Supplemental Agreement (Southwest Airlines Co), Supplemental Agreement (Southwest Airlines Co)

Option Exercise. 5.1 4.1 To exercise its Option, Buyer will give written or telegraphic notice thereof to Boeing on or before eighteen (18) months prior to the first day of the delivery month of each Option Aircraft. In such notice Buyer will select the Option Model type, and the applicable delivery positions.

Appears in 3 contracts

Samples: Letter Agreement (Southwest Airlines Co), Letter Agreement (Southwest Airlines Co), Letter Agreement (Southwest Airlines Co)

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Option Exercise. 5.1 To exercise its Option, Buyer will give written or telegraphic notice thereof to Boeing on or before eighteen (18) *** months prior to the first day of the delivery month of each Option Aircraft. In such notice Buyer will select the Option Model type, and the applicable delivery positions.

Appears in 1 contract

Samples: Letter Agreement (Southwest Airlines Co)

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