Common use of Adjustment of allowances Clause in Contracts

Adjustment of allowances. The special allowance described in paragraph II.A of this Letter Agreement No. 1 is contingent upon Airline purchasing and accepting delivery of a minimum of ***** CFM56-5B5/P powered A319 aircraft (“Minimum Number of Aircraft”) for delivery during the Delivery Period. If Airline has canceled or otherwise failed to accept delivery of one or more of the required Minimum Number of Aircraft within the Delivery Period, the allowances will be adjusted as follows: Number of Aircraft delivered to Airline Percentage of specified allowances on Aircraft actually delivered to Airline ***** ***** ***** ***** ***** ***** ***** ***** Adjustment of allowances in accordance with the above formula may be made by CFMI prospectively to take into account Aircraft delays and/or cancellations. In any case, Airline agrees to promptly reimburse CFMI for any allowance overpayments determined to have been made at the application of the adjustment formula set forth above *****. Unless otherwise agreed by CFMI, no allowance shall be paid on Aircraft not accepted within the Delivery Period and such Aircraft shall not be counted for purposes of the adjustment formula set forth above.

Adjustment of allowances. The special allowance described in paragraph II.A II of this Letter Agreement No. 1 3 is contingent upon Airline purchasing and accepting delivery of a minimum of ***** Additional A319 Aircraft or Additional A320 Aircraft (as described in this Letter Agreement No. 3),) and purchasing and taking delivery from CFMI ***** spare CFM56-5B5/P powered A319 aircraft 5B engines (“Minimum Number of AircraftNumber”) for delivery during the Delivery Period. If Airline has canceled or otherwise failed to accept delivery of one or more of the required Minimum Number of Aircraft within the Delivery Period, the allowances will be adjusted as follows: Number of Aircraft delivered to Airline Percentage of specified allowances on Aircraft actually delivered to Airline ***** ***** ***** ***** ***** ***** ***** ***** Adjustment of allowances in accordance with the above formula may be made by CFMI prospectively to take into account Aircraft delays or Spare Engine delays, and/or cancellations. In any case, Airline agrees to promptly reimburse CFMI for any allowance overpayments determined to have been made at the application of the adjustment formula set forth above *****. Unless otherwise agreed by CFMI, no allowance shall be paid on Aircraft not accepted within the Delivery Period and such Aircraft shall not be counted for purposes of the adjustment formula set forth above.

Adjustment of allowances. The special allowance described in paragraph II.A II of this Letter Agreement No. 1 2 is contingent upon Airline purchasing and accepting delivery of a minimum of ***** CFM56-5B8/P powered A318 Aircraft, ***** Additional A319 Aircraft powered by CFM56-5B5/P powered A319 aircraft and ***** spare CFM56-5B Engine (“Minimum Number of AircraftNumber”) for delivery during the Delivery Period. If Airline has canceled or otherwise failed to accept delivery of one or more of the required Minimum Number of Aircraft within the Delivery Period, the allowances will be adjusted as follows: Number of Aircraft delivered to Airline Percentage of specified allowances on Aircraft actually delivered to Airline ***** ***** ***** ***** ***** ***** ***** ***** Adjustment of allowances in accordance with the above formula may be made by CFMI prospectively to take into account Aircraft delays or Spare Engine delays, and/or cancellations. In any case, Airline agrees to promptly reimburse CFMI for any allowance overpayments determined to have been made at the application of the adjustment formula set forth above *****. Unless otherwise agreed by CFMI, no allowance shall be paid on Aircraft not accepted within the Delivery Period and such Aircraft shall not be counted for purposes of the adjustment formula set forth above.