Common use of Spare Engines Clause in Contracts

Spare Engines. Spare Engine prices will be quoted as base prices, subject to escalation using the appropriate GE Engine escalation provisions then in effect. The appropriate GE escalation provisions will be set forth in each applicable letter agreement to this Agreement. No change to such escalation provisions will apply to Airline until GE provides Airline at least ninety (90) days prior written notice.

Appears in 2 contracts

Sources: General Terms Agreement (Azul Sa), General Terms Agreement (Azul Sa)

Spare Engines. Spare Engine prices will be quoted as base prices, subject to escalation using the appropriate GE Engine escalation provisions then in effect. The appropriate GE escalation provisions will be set forth in each applicable letter agreement to this Agreement. No change to such escalation provisions will apply to Airline ▇▇▇▇▇▇ until GE provides Airline ▇▇▇▇▇▇ at least ninety (90) [*] days prior written notice.

Appears in 2 contracts

Sources: General Terms Agreement, General Terms Agreement (Willis Lease Finance Corp)

Spare Engines. Spare Engine prices will be quoted as base prices, subject to escalation using the appropriate GE Engine escalation provisions then in effect. The appropriate GE escalation provisions will be set forth in each applicable letter agreement Letter Agreement to this Agreement. No change to such escalation provisions will apply to Airline until GE provides Airline at least ninety (90) days prior written notice. However, GE cannot change an escalation formula during any price protection period set forth in an applicable Letter Agreement.

Appears in 1 contract

Sources: General Terms Agreement (Hawaiian Holdings Inc)

Spare Engines. Spare Engine prices will be quoted as base prices, subject to escalation using the appropriate GE Engine escalation provisions then in effect. The appropriate GE escalation provisions will be set forth in each applicable letter agreement to this Agreement. No change to such escalation provisions will apply to Airline until GE provides Airline at least ninety (90) days [*****] prior written notice.

Appears in 1 contract

Sources: General Terms Agreement (Azul Sa)