Common use of Allowance for Initial Aircraft Sale Only Clause in Contracts

Allowance for Initial Aircraft Sale Only. Any allowance described herein applies only to the thirty (30) new firm A320 aircraft (together or individually the “Aircraft”) equipped with new LEAP-X1A26 engines (together or individually the “Engines”) purchased by Airline directly from the aircraft manufacturer. Allowances described herein do not apply to aircraft equipped with buyer-furnished engines, aircraft that have been the subject of a previous CFM proposal or offer, or, aircraft that have been previously sold or otherwise acquired through resale, lease, transfer, trade or exchange.

Appears in 2 contracts

Samples: Letter Agreement (Virgin America Inc.), General Terms Agreement (Virgin America Inc.)

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Allowance for Initial Aircraft Sale Only. Any allowance described herein applies only to the thirty (30) ***** new firm A320 A321 aircraft (together or individually the “Aircraft”) equipped with new LEAPCFM56-X1A26 5B3 engines (together or individually the “Engines”) purchased by Airline directly from the aircraft manufacturer. Allowances described herein do not apply to aircraft equipped with buyer-furnished engines, aircraft that have been the subject of a previous CFM proposal or offer, or, aircraft that have been previously sold or otherwise acquired through resale, lease, transfer, trade or exchange.

Appears in 2 contracts

Samples: Letter Agreement (Frontier Group Holdings, Inc.), Letter Agreement (Frontier Group Holdings, Inc.)

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Allowance for Initial Aircraft Sale Only. Any allowance described herein applies only to the thirty (30) [***] new firm A320 and A321 aircraft (together or individually the “Aircraft”) equipped with new LEAPCFM56-X1A26 5B4 and -5B3 engines (together or individually the “Engines”) purchased by Airline directly from the aircraft manufacturer. Allowances described herein do not apply to aircraft equipped with buyer-furnished engines, aircraft that have been the subject of a previous CFM proposal or offer, or, aircraft that have been previously sold or otherwise acquired through resale, lease, transfer, trade or exchange.

Appears in 1 contract

Samples: Letter Agreement (Frontier Group Holdings, Inc.)

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