Seller’s Support. Before Delivery of the first Aircraft, the Seller will provide the Buyer with the warranties and service life policies that the Seller has obtained pursuant to the Supplier Product Support Agreements.
Seller’s Support. (a) Seller shall be required to post Credit Support in the amount of to secure Seller’s obligations in the period between the Effective Date and the Commercial Operation Date (“Development Period Security”). of the Development Period Security shall be provided to Buyer no later than the earlier of (x) fifteen (15) days after the Effective Date and (y) the Business Day immediately preceding the date on which Buyer files an application for the Regulatory Approval with the MDPU; and the remaining of the Development Period Security shall be provided to Buyer within fifteen (15) Business Days after receipt of the Regulatory Approval. If at any time prior to the Commercial Operation Date, the amount of Development Period Security is reduced as a result of Buyer’s draw upon such Development Period Security because of Seller’s failure to pay to Buyer when due, after the expiration of applicable cure periods, amounts owed to Buyer under this Agreement, to less than the amount of Development Period Security required to be provided by Seller through the period ending fifteen (15) days after receipt of the Regulatory Approval, Seller shall replenish such Development Period Security to the amount of Development Period Security required to be provided by Seller through the period ending fifteen (15) days after receipt of the Regulatory Approval within five (5) days of that draw. Buyer shall return any undrawn amount of the Development Period Security to Seller within thirty (30) days after the later of (x) Buyer’s receipt of an undisputed notice from Seller that the Commercial Operation Date has occurred or
Seller’s Support. (a) Within five (5) Business Days following the receipt of the Regulatory Approval, Seller shall cause Seller Guarantor to deliver to Buyer a guaranty by Seller Guarantor of Seller’s payment obligations under this Agreement substantially in the form of Exhibit G (the “Seller Guaranty”). Seller shall be required to cause Seller Guarantor to maintain the Seller Guaranty thereafter continuing through and including the date that all of Seller’s obligations under this Agreement have been satisfied. Such Seller Guaranty shall be capped at the amount of Unsecured Credit Limit under Section 6.5.
Seller’s Support. (a) Seller shall be required to post Credit Support with a Value of at least $79,920.00 to secure Seller’s Obligations until the Commercial Operation Date (“Development Period Security”). Fifty percent (50%) of the Development Period Security shall be provided to Buyer on the Effective Date, and the remaining fifty percent (50%) of the Development Period Security shall be provided to Buyer within fifteen (15) days after this Agreement becomes effective and binding pursuant to Section 8.1(a). Buyer shall return any undrawn amount of the Development Period Security to Seller within thirty (30) days after the later of (x) Buyer’s receipt of an undisputed notice from Seller that the Commercial Operation Date has occurred or
Seller’s Support. Prior to delivery of the first Aircraft, the Seller will obtain from all Vendors listed in the Supplier Product Support Agreements manual enforceable and transferable warranties, service life policies, and indemnities against patent infringements for Vendor Parts. The Seller will also obtain enforceable and transferable Vendor service life policies from landing gear Vendors for selected structural landing gear elements. The Seller undertakes to supply to the Buyer such Vendor warranties, Vendor service life policies and indemnities against patent infringements substantially in the form summarized in the Supplier Product Support Agreements manual.
Seller’s Support. The Seller will help the Buyer with the development and introduction of Aircraft training programs at the Buyer's training center, on the Buyer's request and terms to be agreed. The Seller will provide free-of-charge technical assistance in modifying the standard Courseware routers to the Buyer's in-house training programs.
Seller’s Support. Prior to delivery of the first Aircraft under this Agreement, the Seller will obtain from all Vendors listed in the Supplier Product Support Agreements manual enforceable and transferable warranties and indemnities against patent infringements for all of the components, equipment, accessories and parts of the Vendors that are installed in an Aircraft at the time of delivery thereof ("Vendor Parts," it being understood that such term will not include the Propulsion Systems, Buyer Furnished Equipment or other equipment selected by the Buyer to be supplied by Vendors with whom the Seller has no existing enforceable warranty agreements). The Seller will also obtain enforceable and transferable Vendor service life policies from landing gear Vendors for structural landing gear elements. The Seller undertakes to supply to the Buyer such Vendor warranties, Vendor service life policies and indemnities against patent infringements substantially in the form summarized in the Supplier Product Support Agreements manual.
Seller’s Support. (a) Seller shall be required to post Credit Support in the amount of $20,000.00 per MWh per hour of the Contract Maximum Amount to secure Seller’s Obligations (“Fixed Credit Support”). Fifty percent (50%) of the Fixed Credit Support shall be provided to Buyer on the Effective Date, and the remaining fifty percent (50%) of the Fixed Credit Support shall be provided to Buyer within fifteen (15) days after the receipt of the Regulatory Approval.
Seller’s Support. (a) Seller shall be required to post Credit Support with a Value of $7,410,800 (which is equal to $40,000.00 per MWh per hour of Contract Maximum Amount), as adjusted in accordance with Section 3.1(c), to secure Seller’s Obligations until the Commercial Operation Date (“Development Period Security”). Fifty percent (50%) of the Development Period Security shall be provided to Buyer on the Effective Date, and the remaining fifty percent (50%) of the Development Period Security shall be provided to Buyer within fifteen (15) days after the receipt of the Regulatory Approval. Buyer shall return any undrawn amount of the Development Period Security to Seller within thirty (30) days after the earlier of (i) the termination of this Agreement pursuant to Section 8.1 and (ii) the later of (x) Buyer’s receipt of an undisputed notice from Seller that the Commercial Operation Date has occurred or (y) Buyer’s receipt of the full amount of the Operating Period Security.
Seller’s Support. Prior to the delivery of the first Aircraft, the Seller shall obtain from all Vendors listed in the “Vendor Product Support Agreements” enforceable and transferable warranties for each of their components, equipment, accessories or parts installed in an Aircraft at the time of delivery thereof (“Vendor Parts”) except for the Propulsion Systems, Buyer Furnished Equipment and other equipment selected by the Buyer to be supplied by Vendors with whom the Seller has no existing enforceable warranty agreements. The Seller shall also obtain enforceable and transferable Vendor Service Life Policies from landing gear Vendors for selected structural landing gear elements. The Seller undertakes to assign to the Buyer such Vendor warranties and Vendor Service Life Policies in the form of “Vendor Product Support Agreements”.
