Common use of Spare Engine Credits Clause in Contracts

Spare Engine Credits. 2.1 In consideration of Spirit agreeing to purchase the Spare Engines in accordance with the Contract, and to assist Spirit with such purchase, IAE shall credit Spirit‘s account in accordance with the following values for the corresponding Spare Engines (each a “Spare Engine Credit”): Engine Type Credit(Jan-06 US$) Issued on Delivery & Acceptance of: V2524-A5 ***** Each Firm Spare Engine V2527-A5 ***** Each Firm Spare Engine V2533-A5 ***** Each Firm Spare Engine V2524-A5 ***** Each Option Spare Engine

Appears in 2 contracts

Samples: Contract (Spirit Airlines, Inc.), Spirit Airlines, Inc.

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Spare Engine Credits. 2.1 In consideration of Spirit agreeing to purchase the Spare Engines in accordance with the Contract, and to assist Spirit with such purchase, IAE shall credit Spirit‘s account in accordance with the following values for the corresponding Spare Engines (each a “Spare Engine Credit”): Engine Type Credit(Jan-06 Credit (Jan-06 US$) Issued on Delivery & Acceptance of: V2524-A5 ***** Each Firm Spare Engine V2527-A5 ***** Each Firm Spare Engine V2533-A5 ***** Each Firm Spare Engine V2524-A5 ***** Each Option Spare Engine

Appears in 1 contract

Samples: www.sec.gov

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Spare Engine Credits. 2.1 In consideration of Spirit agreeing to purchase the Spare Engines in accordance with the Contract, and to assist Spirit with such purchase, IAE shall credit Spirit‘s Spirit's account in accordance with the following values for the corresponding Spare Engines (each a "Spare Engine Credit"): Engine Type Credit(Jan-06 US$) Issued on Delivery & Acceptance of: V2524-A5 [***** ] Each Firm Spare Engine V2527-A5 [***** ] Each Firm Spare Engine V2533-A5 [***** ] Each Firm Spare Engine V2524-A5 [***** ] Each Option Spare Engine

Appears in 1 contract

Samples: Contract (Spirit Airlines, Inc.)

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