Rolling Option Aircraft Sample Clauses

Rolling Option Aircraft. If, and each time, Boeing and Buyer execute an agreement for the purchase of an Option Aircraft, Boeing will offer an equivalent number of additional Option Aircraft (Rolling Option Aircraft) to Buyer up to a maximum of six (6) Rolling Option Aircraft, subject to Boeing's then available Model 737-700 delivery positions (STAP) but with delivery dates not sooner than twenty-four (24) months from the date of such offer. The terms, provisions, and conditions for sale of Rolling Option Aircraft shall be the same as those in this Letter Agreement for Option aircraft delivering in the same general time period, except that a Simulator Data Package Credit Memorandum as contemplated in subparagraph 4.3 of this Letter Agreement will not be issued for Rolling Option Aircraft.
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Rolling Option Aircraft is revised to (i) replace the scrivener reference to “Firm Aircraft” with “Rolling Option Aircraft”; and (ii) add a new sentence: “Upon the addition of the 737-900ER model aircraft to Purchase Agreement 2022, all remaining Rolling Options and Rolling Option Aircraft under Purchase Agreement 2022 are cancelled” and now reads as follows: “Rolling Option Aircraft is defined as those Aircraft listed in Table 2 to the applicable Purchase Agreement and are initially: (i) 280 model 737 Aircraft; (ii) 90 model 757 Aircraft; (iii) 19 model 767-300 Aircraft; and (iv) 25 model 767-400 Aircraft. Upon the addition of the 737-900ER model aircraft to Purchase Agreement 2022, all remaining Rolling Options and Rolling Option Aircraft under Purchase Agreement 2022 are cancelled.”
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Rolling Option Aircraft. 228 The Buyer will [***] Rolling Option Aircraft [***] Initial Option Aircraft [***] Rolling Option Aircraft. Upon the Buyer’s written request (which will [***]) to the Seller for Rolling Option Aircraft, the Seller will offer the Buyer in writing, delivery positions for the Rolling Option Aircraft, [***] (such Seller’s notice being the “Rolling Option Delivery Notice”). For the ten (10) Working Day period following issuance of the Rolling Option Delivery Notice, the delivery month, number and A320 Family Aircraft type so offered will be held by the Seller for the exclusive option exercise of the Buyer. The Buyer will exercise its option to purchase such Rolling Option Aircraft by (i) providing written acceptance of the A320 Family Aircraft type and delivery position for such A320 Family Aircraft offered by the Seller within ten (10) Working Days following receipt of the Rolling Option Delivery Notice, and (ii) concurrently with such written confirmation, paying the Seller any Predelivery Payments for such Rolling Option Aircraft due in accordance with Paragraph 1.5 below. Delivery positions for Rolling Option Aircraft will remain subject to prior sale and other disposition until firmly ordered by the Buyer in accordance with the provisions of this paragraph, and Paragraph 1.6 will apply mutatis mutandis to Rolling Aircraft.
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Related to Rolling Option Aircraft

  • Delivery Schedule The scheduled months of delivery of the Aircraft are listed in the attached Table 1. Exhibit B describes certain responsibilities for both Customer and Boeing in order to accomplish the delivery of the Aircraft.

  • Aircraft Basic Price The Aircraft Basic Price is listed in Table 1 and is subject to escalation in accordance with the terms of this Purchase Agreement.

  • Delivery Location The Aircraft shall be located at the agreed Delivery Location;

  • Return of Aircraft, Etc (a) If an Event of Default shall have occurred and be continuing and the Equipment Notes have been accelerated, subject to Section 4.03 hereof and unless the Owner Trustee or the Owner Participant shall have elected to purchase the Equipment Notes, at the request of the Mortgagee, the Owner Trustee shall promptly execute and deliver to the Mortgagee such instruments of title and other documents as the Mortgagee may deem necessary or advisable to enable the Mortgagee or an agent or representative designated by the Mortgagee, at such time or times and place or places as the Mortgagee may specify, to obtain possession of all or any part of the Mortgaged Property included in the Trust Indenture Estate to which the Mortgagee shall at the time be entitled hereunder. If the Owner Trustee shall for any reason fail to execute and deliver such instruments and documents after such request by the Mortgagee, the Mortgagee may (i) obtain a judgment conferring on the Mortgagee the right to immediate possession and requiring the Owner Trustee to execute and deliver such instruments and documents to the Mortgagee, to the entry of which judgment the Owner Trustee hereby specifically consents to the fullest extent permitted by Law, and (ii) pursue all or part of such Mortgaged Property wherever it may be found and, in the event that a Lease Event of Default has occurred and is continuing, may enter any of the premises of Lessee wherever such Mortgaged Property may be or be supposed to be and search for such Mortgaged Property and take possession of and remove such Mortgaged Property. All expenses of obtaining such judgment or of pursuing, searching for and taking such property shall, until paid, be secured by the Lien of this Trust Indenture.

  • Closing Date Deliverables On the Closing Date, the Sponsor Holdco shall deliver to Acquiror and the Company a duly executed copy of that certain Amended and Restated Registration Rights Agreement, by and among Acquiror, the Company, the Sponsor Holdco and certain of the Company’s stockholders or their respective affiliates, as applicable, in substantially the form attached as Exhibit C to the Merger Agreement.

  • Delivery Pressure Seller shall be required to deliver or cause delivery of the Gas to the Point of Delivery and for delivering such Gas at a pressure sufficient to effect such delivery. Notwithstanding anything to the contrary herein, Seller shall have the right but not the obligation to install compression to effect deliveries of Gas hereunder.

  • Aircraft The Airframe to be sold by AVSA to the Owner Trustee as provided in the Participation Agreement and to be leased under the Lease (or any permitted substitute airframe thereunder) together with two Engines (whether either is an initial Engine or a Replacement Engine) whether or not any of such initial or Replacement Engines may from time to time be installed on such Airframe or may be installed on any other airframe or on any other aircraft, including any aircraft substituted pursuant to Section 11.03

  • Return of Aircraft 64 23.1 Date of Return................................................64 23.2

  • Delivery Point Once Manufacture of the Products has been completed, Contractor shall be responsible for delivering the Finished Goods FCA, (as defined in Incoterms (2000) published by the International Chamber of Commerce) and to a freight forwarder specified by Company in its Order, or otherwise approved by Company. “Delivery Point” as used in this Agreement shall mean the specific time and location that the Product is delivered to the shipper specified on the Order.

  • Spare Parts Contractor shall be responsible for obtaining vendor recommendations for spare parts and delivering such recommendations and spare parts to Owner in accordance with Section 3.4 of the Agreement.

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