Common use of PAINT Clause in Contracts

PAINT. PLM is to compensate Varig for painted liveries at ----- the rate of $25,000.00 per Aircraft (except for complex or full liveries) and such amount shall be offset against the next due payment from Varig.

Appears in 3 contracts

Sources: Settlement Agreement (PLM Equipment Growth Fund V), Settlement Agreement (Professional Lease Management Income Fund I LLC), Settlement Agreement (PLM Equipment Growth & Income Fund Vii)