Program Aircraft definition

Program Aircraft means each Aircraft specified in Table 1 of the Purchase Agreement as of the date of this Letter Agreement.

Program Aircraft means each Aircraft specified in Article 2 of this Letter Agreement.

Program Aircraft means (i) each firm and exercised Option Aircraft in Table 1 of the Purchase Agreement as of the date of this Letter Agreement that are scheduled for delivery after January 1, 2024, (ii) each of the (100) 737-7 firm Aircraft, (iii) each exercised Original Option Aircraft, (iv) each exercised 2020 Option Aircraft and (v) each exercised 2021 Option Aircraft. [***]

Examples of Program Aircraft in a sentence

• The escalation forecast applicable to a given Program Aircraft is set forth in Attachment A.

• Only one escalation forecast shall be used to conduct the escalation analysis performed in accordance with Article 4.1, below, for a given Program Aircraft.

• The escalation adjustment for any other sum, identified in the Purchase Agreement as subject to escalation pursuant to Supplemental Exhibit AE1, and which pertains to the Program Aircraft shall be calculated using the escalation methodology established in this Letter Agreement for such Program Aircraft notwithstanding any other provisions of the Purchase Agreement to the contrary.

• Notwithstanding any other provision of the Purchase Agreement to the contrary, the parties agree that the Escalation Adjustment for the Airframe Price and Optional Features Prices for each Program Aircraft shall be determined in accordance with this Letter Agreement.

• Notwithstanding any other provision of the Purchase Agreement to the contrary, the parties agree that the *** for the Airframe Price and Optional Features Prices for each Program Aircraft shall be determined in accordance with this Letter Agreement.

More Definitions of Program Aircraft

Program Aircraft means a (i) commercial transport aircraft having a current model designation of 787 as of Closing and (ii) any derivative thereof, as such term is commonly understood in the commercial aircraft industry.

Program Aircraft means each Block B Aircraft specified in Table 1B of the Purchase Agreement as of the date of this Letter Agreement.

Program Aircraft means each Aircraft specified in Table 1 of the Purchase Agreement as of the date of this Letter Agreement, including Reconfirmation Aircraft, as defined in letter agreement VLS-PA-03814-LA-1208464, “Reconfirmation Aircraft”.

Program Aircraft means each Aircraft under the Purchase Agreement.

Program Aircraft means each Aircraft specified in Table 1 to the Purchase Agreement as originally executed, [CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SEC PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT].

Program Aircraft means (i) each firm and exercised Option Aircraft in Table 1 of the Purchase Agreement as of the date of this Letter Agreement that are scheduled for delivery after January 1, 2024, (ii) each of the (100) 737-7 firm Aircraft, (iii) each of the (108) firm incremental aircraft added as of SA-20, (iv) each exercised Original Option Aircraft, (v) each exercised 2020 Option Aircraft, (vi) each exercised 2021 Option Aircraft, and (vii) each exercised 2023 Option Aircraft. [***] Applicability. [***] [***] [***]

Program Aircraft in Article 1 of the Letter Agreement is hereby deleted in its entirety and replaced with the following new definition: Program Aircraft means each 787-10 Aircraft specified in Table 1 of the Purchase Agreement as of the date of this Letter Agreement and any 787-10 Option Aircraft for which Customer has exercised its option exercise rights. 2.