United’s Exercise of the CRJ Lease Option Sample Clauses
United’s Exercise of the CRJ Lease Option. The parties acknowledge and agree that, on [***], United delivered a valid CRJ Lease Notice to Contractor, and that, as of the date of this Agreement, Contractor is in negotiations with the CRJ Third Party Lessee for the execution and delivery of one or more leases for the CRJ700 Covered Aircraft. In connection therewith, the parties have amended Schedule 1 to this Agreement (as reflected in this Second and Amended and Restated Capacity Purchase Agreement) to reflect the removal of the CRJ700 Covered Aircraft from the capacity purchase provisions of this Agreement. For each CRJ700 Covered Aircraft, from and after the “CRJ Scheduled Exit Date” for such aircraft as set forth on Table 3 to Schedule 1, (x) [***]
