Common use of Price and Advance Payments Clause in Contracts

Price and Advance Payments. 5.1 The Airframe Price, Optional Features Price and, if applicable, Engine Price will be adjusted to Boeing’s and the engine manufacturer’s then-current prices for such elements as of the date of execution of the definitive purchase agreement for the Substitute Aircraft. The escalation indices and methodology used to estimate the Advance Payment Base Price (APBP) will be adjusted to Boeing’s and the engine manufacturer’s then-current provisions for such elements as of the date of execution of the definitive purchase agreement for the Substitute Aircraft.

Appears in 2 contracts

Samples: Purchase Agreement (China Southern Airlines Co LTD), Letter Agreement (China Eastern Airlines Corp LTD)

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Price and Advance Payments. 5.1 The Airframe Price, Optional Features Price and, if applicablePrices, Engine Price and Aircraft Basic Price will be adjusted to Boeing’s and the engine manufacturer’s then-current prices for such elements as of the date of execution of the definitive purchase agreement for the Substitute Aircraft. The escalation indices and methodology used to estimate the Advance Payment Base Price (APBP) Prices will be adjusted to Boeing’s and the engine manufacturer’s then-current provisions for such elements as of the date of execution of the definitive purchase agreement for the Substitute Aircraft.

Appears in 2 contracts

Samples: Letter Agreement (China Southern Airlines Co LTD), Letter Agreement (China Southern Airlines Co LTD)

Price and Advance Payments. 5.1 4.1 The Airframe Price, Optional Features Price and, if applicable, Engine Price will be adjusted to Boeing’s and the engine manufacturer’s then-current prices for such elements as of the date of execution of the definitive purchase agreement for the Substitute Aircraft. The escalation indices and methodology used to estimate the Advance Payment Base Price (APBP) will be adjusted to Boeing’s and the engine manufacturer’s then-current provisions for such elements as of the date of execution of the definitive purchase agreement for the Substitute Aircraft.

Appears in 1 contract

Samples: Letter Agreement (China Eastern Airlines Corp LTD)

Price and Advance Payments. 5.1 The Airframe Price, Optional Features Price and, if applicable, Engine Price will be adjusted to Boeing’s and the engine manufacturer’s then-current prices for such elements as of the date of execution of the definitive purchase agreement for the Substitute Aircraft. The escalation indices and methodology used to estimate the Advance Payment Base Price (APBP) will be adjusted to Boeing’s and the engine manufacturer’s then-current provisions for such elements as of the date of execution of the definitive purchase agreement for the Substitute Aircraft.

Appears in 1 contract

Samples: Purchase Agreement (China Southern Airlines Co LTD)

Price and Advance Payments. 5.1 The Airframe Price, Optional Features Price and, if applicable, Engine Price will be adjusted to Boeing’s and the engine manufacturer’s then-current prices for such elements as of the date of execution of the definitive purchase agreement for the Substitute AircraftAircraft will be in *** base year dollar. The escalation indices and methodology used to estimate the Advance Payment Base Price (APBP) will be adjusted to Boeing’s and the engine manufacturer’s then-current provisions for such elements as of the date of execution of the definitive purchase agreement for the Substitute Aircraft.

Appears in 1 contract

Samples: Purchase Agreement (China Southern Airlines Co LTD)

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Price and Advance Payments. 5.1 4.1 The Airframe Price, Optional Features Price and, if applicable, Engine Price will be adjusted to Boeing’s and the engine manufacturer’s then-current prices for such elements as of the date of execution of the definitive purchase agreement [****] for the [****] Substitute Aircraft. The escalation indices and methodology used to estimate the Advance Payment Base Price (APBP) will be adjusted to Boeing’s and the engine manufacturer’s then-current provisions for such elements as of the date of execution of the definitive purchase agreement for the [****] Substitute Aircraft.

Appears in 1 contract

Samples: Letter Agreement (Gol Intelligent Airlines Inc.)

Price and Advance Payments. 5.1 The Airframe Price, Optional Features Price and, if applicable, Engine Price will be adjusted to Boeing’s and the engine manufacturer’s then-current prices for such elements as of the date of execution of the definitive purchase agreement for the Substitute Aircraft. The escalation indices and methodology used to estimate the Advance Payment Base Price (APBP) will be adjusted to Boeing’s and the engine manufacturer’s then-current provisions for such elements as of the date of execution of the definitive purchase agreement for the Substitute Aircraft.

Appears in 1 contract

Samples: Letter Agreement (Gol Intelligent Airlines Inc.)

Price and Advance Payments. 5.1 The Airframe Price, Optional Features Price and, if applicable, Engine Price will be adjusted to Boeing’s and the engine manufacturer’s then-current prices for such elements as of the date of execution of the definitive purchase agreement for the Substitute Aircraft. The escalation indices and methodology used to estimate However, the Advance Payment Base Price (APBP) APBP for the Substitute Aircraft will be adjusted to Boeing’s and remain the engine manufacturer’s then-current provisions for such elements same as the APBP of the date Aircraft scheduled in the same delivery month for the purposes of execution of the definitive purchase agreement calculating advance payments for the Substitute Aircraft.

Appears in 1 contract

Samples: Letter Agreement (China Eastern Airlines Corp LTD)

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