Specification Change Notice (SCN. The Specification may be amended by written agreement between the parties in a Specification Change Notice. Each Specification Change Notice shall be substantially in the form set out in Exhibit B and shall set out such SCN’s scope of implementation and will also set forth in detail the particular change to be made to the Specification [*]. Such SCN may result in an adjustment of the Basic Price. SCNs will not be binding until signed by persons duly authorized to execute the same on behalf of the Seller and the Buyer.
Appears in 3 contracts
Samples: Letter Agreement (Avianca Holdings S.A.), Letter Agreement (Avianca Holdings S.A.), Letter Agreement (Avianca Holdings S.A.)
Specification Change Notice (SCN. The Specification may be amended by written agreement between the parties in a Specification Change Notice. Each Specification Change Notice shall be substantially in the form set out in Exhibit B and shall set out such SCN’s scope of implementation and will also set forth in detail the particular change to be made to the Specification [*]and the effect, if any, of such change on design, performance, weight, time of Delivery of the relevant Aircraft, and on the text of the Specification. Such SCN may result in an adjustment of the Basic Price. SCNs will not be binding until signed by persons duly authorized to execute the same on behalf of the Seller and the Buyer.
Appears in 2 contracts
Samples: Participation Agreement (AerCap Holdings N.V.), Aircraft Purchase Agreement (AerCap Holdings N.V.)
