Common use of Advance Payments for the Aircraft Clause in Contracts

Advance Payments for the Aircraft. Due on the Effective Date of the Purchase Agreement. It is understood that Customer’s ability to make advance payments described in Articles 4.2 and 4.3 of the Purchase Agreement may be impacted due to monetary issues. Therefore Boeing agrees all advance payments due on the effective date of the signing of the Purchase Agreement, as specified in Articles 4.2 and 4.3, may be [************************************************], by which time Customer will pay all advance payments specified in the Purchase Agreement as being due on or before that date.

Appears in 2 contracts

Samples: Letter Agreement (China Southern Airlines Co LTD), Purchase Agreement (China Southern Airlines Co LTD)

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Advance Payments for the Aircraft. Due on the Effective Date of the Purchase Agreement. It is understood that Customer’s ability to make advance payments described in Articles 4.2 and 4.3 of the Purchase Agreement may be impacted due to monetary issues. Therefore Boeing agrees all advance payments due on or before the effective date of the signing of the Purchase Agreement, as specified in Articles 4.2 and 4.3, may be deferred without interest until [************************************************CTR], by which time Customer will pay all advance payments specified in the Purchase Agreement as being due on or before that date.

Appears in 1 contract

Samples: Purchase Agreement (China Southern Airlines Co LTD)

Advance Payments for the Aircraft. Due on the Effective Date of the Purchase Agreement. It is understood that Customer’s ability to make advance payments described in Articles Article 4.2 and 4.3 of the Purchase Agreement may be impacted due to monetary issues. Therefore , therefore Boeing agrees that all advance payments due on the effective date of the signing of the Purchase Agreement, as specified in Articles 4.2 and 4.3Article 4.2, may be [************************************************]deferred without interest until ten business days after the effective date of the Purchase Agreement, by which time Customer will pay all advance payments specified in the Purchase Agreement as being due on or before that date. 2.

Appears in 1 contract

Samples: Letter Agreement (China Southern Airlines Co LTD)

Advance Payments for the Aircraft. Due on the Effective Date of the Purchase Agreement. It is understood that Customer’s ability to make the initial *** advance payments described in Articles Article 4.2 and 4.3 of the Purchase Agreement may be impacted due to monetary issues. Therefore , therefore Boeing agrees all that such advance payments due on the effective date of the signing Purchase Agreement, may be deferred without interest until *** business days after the effective date of the Purchase Agreement, as specified in Articles 4.2 and 4.3, may be [************************************************], by which time Customer will pay all such advance payments specified in the Purchase Agreement as being due on or before that date.. XIA-PA-03757-LA-1207433 Payment Matters LA Page 1 BOEING PROPRIETARY

Appears in 1 contract

Samples: Purchase Agreement (China Southern Airlines Co LTD)

Advance Payments for the Aircraft. Due on the Effective Date of the Purchase Agreement. It is understood that Customer’s ability to make advance payments described in Articles 4.2 and 4.3 of the Purchase Agreement may be impacted due to monetary issues. Therefore Boeing agrees all advance payments due on or before the effective date of the signing of the Purchase Agreement, as specified in Articles 4.2 and 4.3, may be deferred without interest until [************************************************], CTR] by which time Customer will pay all advance payments specified in the Purchase Agreement as being due on or before that date.

Appears in 1 contract

Samples: Purchase Agreement (China Southern Airlines Co LTD)

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Advance Payments for the Aircraft. Due on the Effective Date of the Purchase Agreement. It is understood that Customer’s ability to make advance payments described in Articles 4.2 and 4.3 of the Purchase Agreement may be impacted due to monetary issues. Therefore Boeing agrees all advance payments due on the effective date of the signing of the Purchase Agreement, as specified in Articles 4.2 and 4.3, may be deferred without interest until [************************************************], by which time Customer will pay all advance payments specified in the Purchase Agreement as being due on or before that date.

Appears in 1 contract

Samples: Purchase Agreement (China Southern Airlines Co LTD)

Advance Payments for the Aircraft. Due on the Effective Date of the Purchase Agreement. It is understood that Customer’s ability to make advance payments described in Articles 4.2 and 4.3 of the Purchase Agreement may be impacted due to monetary issues. Therefore Boeing agrees all advance payments due on the effective date of the signing of the Purchase Agreement, as specified in Articles 4.2 and 4.3, may be initial [*******************] advance payments described in Article 4.2 of the Purchase Agreement may be impacted due to monetary issues, therefore Boeing agrees that such advance payments due on the effective date of the Purchase Agreement may be deferred without interest until [*****************************], ] days after the effective date of the Purchase Agreement; by which time Customer will pay all such advance payments specified in the Purchase Agreement as being due on or before that date.

Appears in 1 contract

Samples: Letter Agreement (China Southern Airlines Co LTD)

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