Common use of Agreed Value Clause in Contracts

Agreed Value. The Agreed Value of the Aircraft shall be in the following amount (with each “Year” equaling twelve (12) calendar months, commencing with Delivery Date): First Year of Term: Twenty-Eight Million Dollars ($28,000,000) Second Year of Term: Twenty-Seven Million Dollars ($27,000,000) Third Year of Term: Twenty-Six Million Dollars ($26,000,000) Fourth Year of Term: Twenty-Five Million Dollars ($25,000,000) Fifth Year of Term: Twenty-Four Million Dollars ($24,000,000) Thereafter: Twenty-Three Million Dollars ($23,000,000)

Appears in 2 contracts

Samples: Air Transportation Services Agreement (Air Transport Services Group, Inc.), Lease Assumption and Option Agreement (Air Transport Services Group, Inc.)

AutoNDA by SimpleDocs

Agreed Value. The Agreed Value of the Aircraft shall be in the following amount (with each “Year” equaling twelve (12) calendar months, commencing with Delivery Date): First Year of Term: Twenty-Eight Thirty Million Dollars ($28,000,00030,000,000) Second Year of Term: Twenty-Seven Million Five Hundred Thousand Dollars ($27,000,00027,500,000) Third Year of Term: Twenty-Six Million Dollars ($26,000,000) Fourth Year of Term: Twenty-Five Million Dollars ($25,000,000) Fifth Fourth Year of Term: Twenty-Four Two Million Five Hundred Thousand Dollars ($24,000,000) Thereafter: Twenty-Three Million Dollars ($23,000,00022,500,000)

Appears in 2 contracts

Samples: Air Transportation Services Agreement (Air Transport Services Group, Inc.), Air Transportation Services Agreement (Air Transport Services Group, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!