Common use of Thrust Upgrades Clause in Contracts

Thrust Upgrades. If increased thrust for Aircraft becomes available, CFM will provide Airline with thrust upgrades for the fleet of Airbus A320 aircraft powered by LEAP-X1A26 engines to enable Airline to operate at the higher thrust (“Thrust Upgrade”). This thrust upgrade will be provided ***** to the Airline under the following conditions: ***** Notwithstanding the terms of Section A(iv)(b) and (c) above, Airline (or its sublessee) may retain the Thrust Upgrade during any period which Airline has: (i) leased the Aircraft; or (ii) subleased the Aircraft to a sublessee and Airline remains a primary lessee of the Aircraft with an aircraft lessor.

Appears in 2 contracts

Sources: General Terms Agreement (Virgin America Inc.), General Terms Agreement (Virgin America Inc.)