Examples of Option Helicopters in a sentence
It is agreed, that the Buyer may use the technical assistance to which it is entitled hereunder on one or more of the Helicopters, Option Helicopters or RFR Helicopters.
The Seller agrees to allocate down payments or progress payments to those Helicopters and Option Helicopters as may be requested from time to time by Buyer in connection with Buyer’s financing of such Helicopters and Option Helicopters, provided that in all cases the aggregate amount of all down payments and progress payments paid by the Buyer shall not be less than the aggregate amount of down payments and progress payments required to be paid hereunder.
Whereas the Parties are willing to enter into a new multiyear contract for the supply of additional twenty (20) firm Helicopters and several Option Helicopters for delivery from February 2012 through — May 2016 and associated services, under new conditions.
If due to governmental action the export to the Buyer of the Helicopters or part of the Option Helicopters or substantial part thereof is not authorized, this situation is recognized expressly by the parties as a case of Force Majeure and the Buyer agrees that it will hold the Seller harmless and will waive any claim for any damage that may result therefrom except for the repayment to the Buyer of any corresponding portion of the Contract Price.
Option Helicopter Option Exercise Date 11 *** 12 *** 13 *** 14 *** 15 *** 16 *** 17 *** 18 *** 19 *** 20 *** 21 *** 22 *** 23 *** 24 *** 25 *** 26 *** Except as modified by this section 5 and Exhibit A2, all other terms of this Agreement shall apply to the Option Helicopters.
See Exhibit A2 for the price and schedule applicable to the Option Helicopters.
For deliveries of Helicopters in 2013 and subsequent years and in the event of confirmation of the Option Helicopters, the price of such Helicopters would be confirmed by the Seller, ***.
If due to governmental action the export to the Buyer of the Helicopters or the Option Helicopters or a substantial part thereof is not authorized, this situation is recognized expressly by the Parties as a case of Force Majeure and the Buyer agrees that it will hold the Seller harmless and will waive any claim for any damage that may result therefrom except for the repayment to the Buyer of any corresponding portion of the Contract Price.
In connection with the future UK SAR-H tender process, the Parties intend to hold meetings by the end of 2008 for a review of the Delivery Dates of the Option Helicopters in order to modify the Delivery Date of the last four (4) Option Helicopters (as set forth in Annex 2) in 2012.
Therefore, the Buyer shall ensure that the sums received by the Seller for the sale of the Helicopters and/or Option Helicopters shall be equal to the full amounts expressed to be due, without deduction or withholding on account of and free from any and all taxes.