Common use of Aircraft Allowance Clause in Contracts

Aircraft Allowance. For each of the CFM56-5B3 powered Aircraft delivered to Airline per the Aircraft Delivery Schedule CFM will provide Airline with a per aircraft allowance for each such Aircraft in the amount of *****. Such per Aircraft allowance is stated in *****, and shall be subject to adjustment for escalation to the date of delivery of each shipset of Engines to Airline in accordance with the escalation formula set forth in Attachment D hereto and subject to the escalation cap set forth in paragraph (iv) below. Each per Aircraft Allowance will be earned by Airline upon delivery of each shipset of Engines to Airframer, (consistent with the Aircraft Delivery Schedule) payable in each case by wire transfer to Airline as soon as possible, but in any event within ***** following receipt of written notice from Airline that it has taken delivery of each Aircraft in accordance with its purchase agreement with Airframer. If requested in writing by Airline at least ***** prior to the scheduled Aircraft delivery date, CFM will by the time of delivery of such Aircraft pay in cash the amount of the Aircraft Allowance directly to Airbus. Airline shall continue to advise CFM of any delivery date changes. If CFM actually pays the Aircraft Allowance to Airbus on the delivery date as most recently notified by Airline and the actual delivery date is delayed more than ***** from the date CFM provides such allowance, Airline will pay to CFM interest on such amount, calculated from the date of payment to Airbus to but excluding the date of actual Aircraft delivery or return of such payment to CFM. Interest will be computed at *****. Such payment to Airbus may be offset against any amounts due and owing CFM.

Aircraft Allowance. For each of the CFM56-5B3 powered Aircraft referenced and delivered to Airline per under the Aircraft Delivery Schedule Schedule, CFM will provide Airline with a per aircraft per-Aircraft allowance for each such Aircraft in the amount of […*****…]. Allegiant 5B GTA No. 1-0000000000 CFM Proprietary Information Page 2 of 15 Such per Aircraft allowance Allowance is stated in *****January 2016 US Dollars (CPI=216.64), and shall be subject to adjustment adjusted for escalation to the date of delivery of each shipset of Engines Aircraft to Airline in accordance with the escalation formula set forth in Attachment D hereto and subject hereto. If due to fault or negligence of Airline, there is a delay in delivery of Aircraft, such escalation shall stop at the escalation cap set forth original (scheduled delivery date in paragraph (iveffect at the time of delay due to fault or negligence of Airline) belowscheduled delivery date of the Aircraft. Each per Aircraft Allowance will be earned by Airline upon delivery of each shipset of Installed Engines to Airframer, (consistent with the Aircraft Delivery Schedule) payable in each case by wire transfer and paid as follows: If paid to Airline as soon as possible, but in any event Each per Aircraft Allowance will be made available and paid to Airline within ***** (3) business days following receipt of written notice from Airline that it has taken delivery of each Aircraft in accordance with its purchase agreement with AirframerAircraft. If paid to Airframer If requested in writing by Airline at least ***** 30 days prior to the scheduled Aircraft delivery date, CFM will by the time of delivery of such Aircraft pay in cash the amount of the Aircraft Allowance directly to Airbusthe Airframer. Notwithstanding the foregoing, CFM will not initiate the actual payment of the Aircraft Allowance to the Airframer until it receives further written direction by Airline at the time Airline takes delivery of each Aircraft. Airline shall continue to advise will keep CFM informed of any Aircraft delivery date changes. If For the avoidance of doubt, CFM actually pays agrees it shall not provide the Aircraft Allowance to Airbus on the Airframer without the Airline’s further written direction under the foregoing and Airline agrees that it shall not issue such further written direction earlier than the date of Aircraft delivery date as most recently notified by Airline to Airline. If, after such further written direction from Airline, CFM actually provides the Aircraft Allowance to the Airframer and the actual delivery date is delayed (not due to acts or failure to act by CFM) more than ***** 2 days from the date CFM provides such allowance, Airline will pay to CFM interest on such amount, calculated from the date of payment to Airbus the Airframer to but excluding the date of actual Aircraft delivery or return of such payment to CFMdelivery. Interest will be computed at […*****…]. Such payment to Airbus the Airframer may be offset against any amounts due and owing CFM.

Aircraft Allowance. For each of the CFM56-5B3 powered A321 Aircraft delivered to Airline per the Aircraft Delivery Schedule CFM will provide Airline with a per aircraft allowance for each such A321 Aircraft in the amount of [***]. For each of the CFM56-5B4 powered A320 Aircraft delivered to Airline per the Aircraft Delivery Schedule CFM will provide Airline with a per aircraft allowance for each such A320 Aircraft in the amount of [***]. Such per Aircraft allowance is stated in [*****], and shall be subject to adjustment for escalation to the date of delivery of each shipset of Engines to Airline in accordance with the escalation formula set forth in Attachment D hereto and subject to the escalation cap set forth in paragraph (iv) below. Each per Aircraft Allowance will be earned by Airline upon delivery of each shipset of Engines to Airframer, (consistent with the Aircraft Delivery Schedule) payable in each case by wire transfer to Airline as soon as possible, but in any event within [***** ] following receipt of written notice from Airline that it has taken delivery of each Aircraft in accordance with its purchase agreement with Airframer. If requested in writing by Airline at least [***** ] prior to the scheduled Aircraft delivery date, CFM will by the time of delivery of such Aircraft pay in cash the amount of the Aircraft Allowance directly to Airbus. Airline shall continue to advise CFM of any delivery date changes. If CFM actually pays the Aircraft Allowance to Airbus on the delivery date as most recently notified by Airline and the actual delivery date is delayed more than [***** ] from the date CFM provides such allowance, Airline will pay to CFM interest on such amount, calculated from the date of payment to Airbus to but excluding the date of actual Aircraft delivery or return of such payment to CFM. Interest will be computed at [*****]. Such payment to Airbus may be offset against any amounts due and owing CFM.. CFM PROPRIETARY INFORMATION (subject to restrictions on first page) LETTER AGREEMENT NO. 9