Common use of Propulsion System Reference Price Clause in Contracts

Propulsion System Reference Price. The Reference Price for a set of two (2) International Aero Engines V2524-A5 series Propulsion System is as quoted in Clause 3.1.2.4 of the Agreement. This Reference Price applies to the Propulsion System type as specified in Clause 2.3.1 of the Agreement. The Reference Price for a set of two (2) International Aero Engines V2527-A5 series Propulsion System is as quoted in Clause 3.1.2.5 of the Agreement. This Reference Price applies to the Propulsion System type as specified in Clause 2.3.2 of the Agreement. The Reference Price for a set of two (2) International Aero Engines V2533-A5 series Propulsion System is as quoted in Clause 3.1.2.6 of the Agreement. This Reference Price applies to the Propulsion System type as specified in Clause 2.3.3 of the Agreement. These Reference Prices are subject to adjustment for changes in economic conditions as measured by data obtained from the US Department of Labor, Bureau of Labor Statistics, and in accordance with the provisions hereof.