Purchase Agreement Amendment Clause Samples
A Purchase Agreement Amendment is a contractual provision that allows parties to modify the terms of an existing purchase agreement. This clause typically outlines the process for making changes, such as requiring written consent from all parties involved and specifying which sections of the original agreement are being altered. By providing a formal mechanism for updates, the amendment clause ensures that any adjustments to the agreement are clearly documented and mutually agreed upon, thereby reducing the risk of misunderstandings or disputes over contract terms.
Purchase Agreement Amendment. 4.1 Within [****] following final 787-923 Aircraft Configuration of the Boeing Model 787-923 Aircraft, Boeing and Customer will execute a separate written amendment to the Purchase Agreement for the Boeing Model 787-923 aircraft to reflect the following:
4.1.1 Incorporation of those Optional Features which have been agreed to by Customer and Boeing (Customer Configuration Changes) into Exhibit A(R1) (Boeing Model 787-923 Aircraft) of the Purchase Agreement; and
4.1.2 [****] P.A. No. 3219 SA-5 L.A. 3219-08R2
Purchase Agreement Amendment. Within 30 days after reaching agreement as to the final Aircraft Configuration, Boeing will provide Customer an amendment to the Purchase Agreement reflecting the effects of the configuration changes agreed to by the parties.
A. Very truly yours, THE BOEING COMPANY By /s/ Dawn ▇. ▇▇▇▇▇▇ ---------------------- Its Attorney-In-Fact ---------------------- ACCEPTED AND AGREED TO this Date: June 6, 1997 ATLAS AIR, INC. By /s/ M.A. Chow▇▇▇ ---------------------- Its CEO ----------------------
A. No. 2021 Open Configuration Matters 6-1162-DSF-086 Atlas Air, Inc. 538 ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇bject: Remedy for Deviation from Fuel Burn Objective for Model 747-400F Aircraft Reference: Purchase Agreement No. 2021 (the Purchase Agreement) between The Boeing Company (Boeing) and Atlas Air Inc. (Customer) relating to Model 747-400F Aircraft (the Aircraft) This Letter Agreement amends and supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement have the same meaning as in the Purchase Agreement. Letter Agreement 6-1162-DSF-082 contains performance guarantees (the Performance Guarantees) which include tolerances of [ ] from nominal levels for the block fuel described in Paragraph 2.1.2 of the Performance Guarantees (the Block Fuel Guarantee). Customer has requested that Boeing [ ]. In response to Customer's request, Boeing [ ] in the event that fuel burn performance exceeds nominal block fuel performance as specified in paragraph 2.1.2 of the Attachment to Letter Agreement 6-1162-DSF-082 [ ].
Purchase Agreement Amendment. The conditions set forth in Section 5 of the Purchase Agreement Amendment shall have been satisfied (for the avoidance of doubt, the transactions contemplated by the Purchase Agreement Amendment shall be consummated simultaneously with the transactions contemplated by this Agreement). (p) [Intentionally Omitted.]
Purchase Agreement Amendment. Within 30 days after reaching agreement as to the final Aircraft Configuration, Boeing will provide Customer an amendment to the Purchase Agreement reflecting the effects of the configuration changes agreed to by the parties. * Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.
Purchase Agreement Amendment. Within 30 days after reaching agreement as to the final Aircraft Configuration, Boeing will provide Customer an amendment to the Purchase Agreement reflecting the effects of the configuration changes agreed to by the parties.
Purchase Agreement Amendment. Upon (a) the approval by written consent of the Disinterested Directors, in the form reasonably acceptable to the Company’s board of directors (including Lender and the Disinterested Directors), of not less than all of the Distinterested Directors, and (b) thereafter concurrently with and conditioned upon the execution and delivery by Company of that certain First Amendment to the Purchase Agreement attached to this Agreement in the form of Exhibit B (the “ Purchase Agreement Amendment ”), the Bitcoin Loan Amendment and the Voting Agreement Amendment (collectively, the “ Purchase Agreement Amendment Conditions ”), the Lead Investor agrees to execute and deliver the Loan Amendment to amend the terms of the Loan Agreement as stated therein, provided that, for clarification, unless otherwise expressly provided in this Agreement or the Purchase Agreement Amendment, no other terms of the Purchase Agreement or the CD shall be modified, and Company hereby reaffirms the CD and the CD Amount due to the Lead Investor . For further clarification, the Lead Investor shall not be obligated to enter into the Purchase Agreement Amendment unless and until the Purchase Agreement Amendment Conditions are satisfied as contemplated in this Section 2 . 3.
Purchase Agreement Amendment. Within 30 days after reaching agreement as to the final Aircraft Configuration, Boeing will provide Customer an amendment to the Purchase Agreement reflecting the effects of the configuration changes agreed to by the parties. Very truly yours, THE BOEING COMPANY By ------------------------------- Its Attorney-In-Fact ------------------------------ ACCEPTED AND AGREED TO this Date:_______________________ , 1999 Midway Airlines Corporation By __________________________ Its__________________________
Purchase Agreement Amendment. Buyer shall have executed and delivered the Purchase Agreement Amendment.
Purchase Agreement Amendment. The Purchase Agreement shall be amended as follows:
a. Section 1.3(a)(ii) shall be deleted in its entirety and replaced with the following: One million seven hundred fifty thousand (1,750,000) shares of Purchaser's restricted voting common stock, par value $0.025 per share (the "Purchase Price Shares") shall be issued to Seller within five (5) days of the date of the Closing. In the event that the Closing has not occurred prior to January 6, 2016, provided that such failure to consummate closing is not attributable to Seller’s, Company’s or FWCD’s failure to execute, deliver and/or otherwise satisfy conditions of closing where Purchaser and the Subsidiaries stand ready, willing and able to close, the Purchase Price Shares shall be issued to Seller by no later than January 12, 2016. Purchaser will execute irrevocable instructions addressed to its transfer agent concerning the issuance of the Purchase Price Shares in accordance with the foregoing (the “Issuance Instructions”) and the Issuance Instructions will be delivered to an escrow agent and be held in escrow for the benefit of Seller by such escrow agent pursuant to the terms of that certain Escrow Agreement dated December 4, 2015 (the "Escrow Agreement"). In the event that the Closing does not occur on or before the Closing Date provided that such failure to consummate closing is not attributable to Seller’s, Company’s or FWCD’s failure to execute, deliver and/or otherwise satisfy conditions of closing where Purchaser and the Subsidiaries stand ready, willing and able to close, Purchaser shall pay to Seller upon demand by wire transfer of immediately available funds to such account or accounts as Seller may direct an amount equal to the amount of federal and state income tax owed by Seller as a result of the receipt of the Purchase Price Shares (the "Tax Liability") based on the amount of the taxable income recognized as a result of the receipt by Seller of the Purchase Price Shares (the "Taxable Income") all as reasonably determined by Seller's tax preparer and as reflected on Seller's federal and state income tax returns. Notwithstanding the foregoing, Purchaser shall not be required to pay the Tax Liability in the event that on the date the Tax Liability is finally determined by Seller's tax preparer: (A) the Purchase Price Shares have been sold by Seller and Seller's net amount received on such sale is in excess of: (i) the Tax Liability; plus (ii) the Taxable Income; (B) the Purchase Price Shares ...
Purchase Agreement Amendment. M▇. ▇▇▇▇▇ ▇. Cenac, Jr., C▇▇▇▇ Towing and Cenac Offshore shall have executed and delivered the Purchase Agreement Amendment.