Common use of Technical Conditions for Prices Adjustment Clause in Contracts

Technical Conditions for Prices Adjustment. Both Parties agree to modify the prices given in Clause 10 [*****] pursuant to Clause 11 if the operating parameters of the Aircraft, analyzed at the time of the adjustment (all calculations are made with figures corresponding to [*****]), change by more or less [*****] with respect to the estimated values of the same parameters, considered at the time of commencement of this Agreement. As from the date this Agreement enters into force, the Parties agree to take into account the following basic operating parameters as a reference for the above calculation:

Appears in 2 contracts

Samples: Global Maintenance Agreement (Azul Sa), Global Maintenance Agreement (Azul Sa)

AutoNDA by SimpleDocs

Technical Conditions for Prices Adjustment. Both Parties agree to modify the prices given in Clause 10 [*****] pursuant to Clause 11 if the operating parameters of the Aircraft, analyzed at the time of the adjustment (all calculations are made with figures corresponding to [*****]), change by more or less than [*****] with respect to the estimated values of the same parameters, considered at the time of commencement of this Agreement. As from the date this Agreement enters into force, the Parties agree to take into account the following basic operating parameters as a reference for the above calculation:

Appears in 2 contracts

Samples: Global Maintenance Agreement (Azul Sa), Global Maintenance Agreement (Azul Sa)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.