AIRCRAFT TYPE CONVERSION Sample Clauses

AIRCRAFT TYPE CONVERSION. 2.1 The Buyer has requested and the Seller has agreed to convert three (3) A319-100 corresponding to Aircraft rank 68, Aircraft rank 80 and Aircraft rank 72 into A320 Aircraft as set out in the table here below: Rank Number Scheduled Delivery Month Original Aircraft Type Revised Aircraft Type Aircraft Batch 68 [***] A319-100 A320-200 Second Batch of Incremental Aircraft 80 [***] A319-100 A320-200 2010 Incremental Aircraft 72 [***] A319-100 A320-200 Second Batch of Incremental Aircraft With the above conversion, the provisions and obligations set forth in Letter Agreement No.5B to the Amendment No.5 in relation to the Second Batch of Incremental Aircraft and Letter Agreement No.5 to the Amendment No.9 in relation to the 2010 Incremental Aircraft so converted shall herewith be considered fulfilled in their entirety with regard to the Aircraft rank 68, rank 72 and rank 80 and neither Party shall have any further rights and or obligations under the Amendment No.9 toward the other Party with respect thereto.
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AIRCRAFT TYPE CONVERSION. 3.1 The Buyer has requested and the Seller has agreed to convert three (3) A319-100 corresponding to Aircraft rank 58, rank 59 and Aircraft rank 73 into A320 Aircraft as set out in the table here below: Rank number Original Scheduled Delivery Months or Scheduled Delivery Quarter Original Aircraft Type Revised Aircraft Type Aircraft Batch 58 [***] A319-100 A320-200 Second Batch of Incremental Aircraft 59 [***] A319-100 A320-200 Second Batch of Incremental Aircraft 73 [***] A319-100 A320-200 Second Batch of Incremental Aircraft With the above conversion, the provisions and obligations set forth in Letter Agreement No.5B to the Amendment No.5 in relation to the Second Batch of Incremental Aircraft so converted shall herewith be considered fulfilled in their entirety with regard to the Aircraft rank 58, rank 59 and rank 73; and neither Party shall have any further rights and or obligations under the Amendment No.9 toward the other Party with respect thereto. For the avoidance of doubt, the Aircraft rank 58 and rank 59, now being A320 Aircraft, shall be Sharklets Installed Aircraft. “[***]” This information is subject to confidential treatment and has been omitted and filed separately with the commission. Ref: CT1105955 5/10
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AIRCRAFT TYPE CONVERSION. 2.1 The Buyer and the Seller hereby agree that upon execution of this Amendment N°2, the A330-200 Aircraft rank 3, bearing CAC ID 359405, shall be irrevocably converted into an A330-300 model Aircraft.
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AIRCRAFT TYPE CONVERSION. Pursuant to the Buyer’s request to convert the aircraft type of Aircraft bearing rank numbers 15 and 16 and advance the Scheduled Delivery Month of Aircraft bearing rank number 15, the Parties hereby agree that the aircraft type of Aircraft with rank numbers 15 and 16, and Scheduled Delivery Month of Aircraft bearing rank number 15 shall hereby be amended as set out in the table here below: Rank numbers Original Aircraft type Revised Aircraft type Original Scheduled Delivery Months Revised Scheduled Delivery Month 15 A319-100 A320-200 ***** ***** 16 A319-100 A320-200 ***** ***** It is furthermore agreed by the Parties that the provisions and obligations set forth in clause 1 to letter agreement No.4 to the Agreement for Aircraft with rank numbers 15 and 16 shall herewith be considered fulfilled in their entirety and neither Party shall have any further rights and or obligations under clause 1 to letter agreement No.4 to the Agreement toward the other Party with respect thereto.
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AIRCRAFT TYPE CONVERSION. Pursuant to the Buyer’s request to convert the aircraft type of three (3) Aircraft from the First Batch of Incremental Aircraft, the Parties hereby agree that the aircraft type of First Batch of Incremental Aircraft with rank numbers 48, 49 and 50, as set forth in article 9.1.2 of clause 2.1.1 of Amendment No.5 shall hereby be amended as set out in the table here below: Rank number Scheduled Delivery Months Original Aircraft type Revised Aircraft type Aircraft batch 48 [***] A319-100 A320-200 First Batch of Incremental Aircraft 49 [***] A319-100 A320-200 First Batch of Incremental Aircraft 50 [***] A319-100 A320-200 First Batch of Incremental Aircraft
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AIRCRAFT TYPE CONVERSION. Pursuant to the Buyer’s request to convert the aircraft type of one (1) Aircraft from the Second Batch of Incremental Aircraft, the Parties hereby agree that the aircraft type of Second Batch of Incremental Aircraft with rank number 66 shall hereby be amended as set out in the table here below: Rank number Scheduled Delivery Months Original Aircraft type Revised Aircraft type Aircraft batch 66 [***] A319-100 A320-200 Second Batch of Incremental Aircraft It is furthermore agreed by the Parties that the provisions and obligations set forth in letter agreement No.5B to the Amendment No 5 in relation to the Second Batch of Incremental Aircraft shall herewith be considered fulfilled in their entirety with regard to the Aircraft with rank number 66 and neither Party shall have any further rights and or obligations under the Amendment No 5 toward the other Party with respect thereto.
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AIRCRAFT TYPE CONVERSION. 2.1 The Seller hereby grants and the Buyer hereby exercises its right to convert one Aircraft, corresponding to Aircraft rank 72 and being a Second Batch of Incremental Aircraft, from an A320-200 type into an A321-200 type Aircraft (such converted A321 aircraft hereinafter referred to as “Aircraft Rank 72”) and reschedule the Scheduled Delivery Month of this Aircraft Rank 72.
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AIRCRAFT TYPE CONVERSION. The [***]Ceo Aircraft bearing rank [***]are hereby each irrevocably [***] into an [***]Aircraft (the “[***] Aircraft”) and (ii) the [ ] neo Aircraft bearing rank [***]are hereby each irrevocably [***] into an A[***]neo Aircraft (the “[***] neo Aircraft”); the [***] of these [***]Aircraft being referred to as the “ [***]Aircraft and [***]Aircraft individually or collectively the “[***] Aircraft” Unless otherwise expressly amended herein, (i) all terms and conditions governing the sale and purchase of A[***] Aircraft under the GTH Agreement (including, without limitation, the provisions concerning the amount and the payment of the Final Price for [***]Aircraft), shall apply to the [***]Aircraft; and (ii) all terms and conditions governing the sale and purchase of an [***]neo Aircraft under the GTH Agreement (including, without limitation, the provisions concerning the amount and the payment of the Final Price for [***]neo Aircraft) shall apply to the [ ] neo Aircraft.
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Related to AIRCRAFT TYPE CONVERSION

  • Optional Conversion To convert any Conversion Amount into shares of Common Stock on any date (a "Conversion Date"), the Holder shall (A) transmit by email, facsimile (or otherwise deliver), for receipt on or prior to 11:59 p.m., New York, NY Time, on such date, a copy of an executed notice of conversion in the form attached hereto as Exhibit A (the "Conversion Notice") to the Company. On or before the third Business Day following the date of receipt of a Conversion Notice (the "Share Delivery Date"), the Company shall (A) if legends are not required to be placed on certificates of Common Stock pursuant to the then existing provisions of Rule 144 of the Securities Act of 1933 (“Rule 144”) and provided that the Transfer Agent is participating in the Depository Trust Company's ("DTC") Fast Automated Securities Transfer Program, credit such aggregate number of shares of Common Stock to which the Holder shall be entitled to the Holder's or its designee's balance account with DTC through its Deposit Withdrawal Agent Commission system or (B) if the Transfer Agent is not participating in the DTC Fast Automated Securities Transfer Program, issue and deliver to the address as specified in the Conversion Notice, a certificate, registered in the name of the Holder or its designee, for the number of shares of Common Stock to which the Holder shall be entitled which certificates shall not bear any restrictive legends unless required pursuant the Rule 144. If this Note is physically surrendered for conversion and the outstanding Principal of this Note is greater than the Principal portion of the Conversion Amount being converted, then the Company shall, upon request of the Holder, as soon as practicable and in no event later than three (3) Business Days after receipt of this Note and at its own expense, issue and deliver to the holder a new Note representing the outstanding Principal not converted. The Person or Persons entitled to receive the shares of Common Stock issuable upon a conversion of this Note shall be treated for all purposes as the record holder or holders of such shares of Common Stock upon the transmission of a Conversion Notice.

  • Lender Optional Conversion Lender has the right beginning on April 1, 2023 until the Outstanding Balance has been paid in full, at its election, to convert (“Conversion”) all or any portion of the Outstanding Balance into fully paid and non-assessable Common Shares, par value $0.01 (the “Common Shares”), of Borrower (“Conversion Shares”) as per the following conversion formula: the number of Conversion Shares equals the amount being converted (the “Conversion Amount”) divided by the Conversion Price. Conversion notices in the form attached hereto as Exhibit A (each, a “Conversion Notice”) may be effectively delivered to Borrower by any method set forth in the “Notices” Section of the Purchase Agreement, and all Conversions shall be cashless and not require further payment from Lender. Borrower shall deliver the Conversion Shares from any Conversion to Lender in accordance with Section 7 below.

  • Partial Conversion In the event some but not all of the shares of Series A Preferred Stock represented by a certificate(s) surrendered by a holder are converted, the Corporation shall execute and deliver to or on the order of the holder, at the expense of the Corporation, a new certificate representing the number of shares of Series A Preferred Stock which were not converted.

  • CONVERSION SCHEDULE The Original Issue Discount Senior Convertible Debentures due on March 1, 2018 in the aggregate principal amount of $385,000 are issued by Legend Oil and Gas, Ltd., a Colorado corporation. This Conversion Schedule reflects conversions made under Section 4 of the above referenced Debenture. Dated: Date of Conversion (or for first entry, Original Issue Date) Amount of Conversion Aggregate Principal Amount Remaining Subsequent to Conversion (or original Principal Amount) Company Attest

  • Conversion Delays If the Company fails to deliver shares in accordance with the timeframe stated in Section 1.00(b), the Holder, at any time prior to selling all of those shares, may rescind any portion, in whole or in part, of that particular conversion attributable to the unsold shares. The rescinded conversion amount will be returned to the Principal Sum with the rescinded conversion shares returned to the Company, under the expectation that any returned conversion amounts will tack back to the Effective Date.

  • Optional Conversion of Advances Each Borrower may on any Business Day, upon notice given to the Administrative Agent not later than 12:00 noon on the third Business Day prior to the date of the proposed Conversion and subject to the provisions of Sections 2.10 and 2.14, Convert all or any part of Advances made to such Borrower of one Type comprising the same Borrowing into Advances of the other Type or of the same Type but having a new Interest Period; provided, however, that any Conversion of Eurodollar Rate Advances into Base Rate Advances shall be made only on the last day of an Interest Period for such Eurodollar Rate Advances, any Conversion of Base Rate Advances into Eurodollar Rate Advances shall be in an amount not less than the minimum amount specified in Section 2.02(b) and no Conversion of any Advances shall result in more separate Borrowings than permitted under Section 2.02(b). Each such notice of a Conversion shall, within the restrictions specified above, specify (i) the date of such Conversion, (ii) the Advances to be Converted, and (iii) if such Conversion is into Eurodollar Rate Advances, the duration of the initial Interest Period for each such Advance. Each notice of Conversion shall be irrevocable and binding on the applicable Borrower. This Section shall not apply to Swingline Borrowings, which may not be Converted.

  • Failure to Deliver Conversion Shares If, in the case of any Notice of Conversion, such Conversion Shares are not delivered to or as directed by the applicable Holder by the Share Delivery Date, the Holder shall be entitled to elect by written notice to the Company at any time on or before its receipt of such Conversion Shares, to rescind such Conversion, in which event the Company shall promptly return to the Holder any original Debenture delivered to the Company and the Holder shall promptly return to the Company the Conversion Shares issued to such Holder pursuant to the rescinded Conversion Notice.

  • Continuation and Conversion Elections By delivering a Continuation/Conversion Notice to the Administrative Agent on or before 12:00 noon, New York City time, on a Business Day, the Borrower may from time to time irrevocably elect, on not less than one Business Day's notice (in the case of a conversion of LIBO Rate Loans to Base Rate Loans) or three Business Days' notice (in the case of a continuation of LIBO Rate Loans or a conversion of Base Rate Loans into LIBO Rate Loans) nor more than five Business Days' notice (in the case of any Loans) that all, or any portion (a) in a minimum amount of $1,000,000 or any larger integral multiple of $500,000, be, in the case of Base Rate Loans, converted into LIBO Rate Loans or, in the case of LIBO Rate Loans, continued as LIBO Rate Loans or (b) in a minimum amount of $500,000 or any larger integral multiple of $100,000, be, in the case of LIBO Rate Loans, converted into Base Rate Loans (in the absence of delivery of a Continuation/Conversion Notice with respect to any LIBO Rate Loan at least three Business Days before the last day of the then current Interest Period with respect thereto, such LIBO Rate Loan shall, on such last day, automatically convert to a Base Rate Loan); provided, however, that (x) each such conversion or continuation shall be pro rated among the applicable outstanding Loans of the relevant Lenders, and (y) no portion of the outstanding principal amount of any Loans may be continued as, or be converted into, LIBO Rate Loans when any Default or Event of Default has occurred and is continuing.

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