Common use of Annulment of Formula Clause in Contracts

Annulment of Formula. Should the above escalation provisions become null and void by action of the US Government, the price shall be adjusted due to increases in the costs of labor and material which have occurred from the period represented by the applicable Reference Price Indexes to the sixth (6th) month prior to the scheduled Aircraft Delivery.

Appears in 2 contracts

Samples: License Agreement (Fedex Corp), Letter Agreement (KLM Royal Dutch Airlines)

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Annulment of Formula. Should the above escalation provisions become null and void by action of the US Government, the price shall be adjusted due to increases in the costs of labor and material which have occurred from the period represented by the applicable Reference Price Indexes to the sixth Fifth (6th5th), Sixth(6th) month and Seventh (7th) months averaged prior to the scheduled Aircraft Delivery.

Appears in 2 contracts

Samples: Letter Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.), A320 Purchase Agreement (Jetblue Airways Corp)

Annulment of Formula. Should the above escalation provisions become null and void by action of the US Government, the price shall will be adjusted due to increases in the costs of labor and material which have occurred from the period represented by the applicable Reference Price Indexes to average of the fifth (5th), sixth (6th) month and seventh (7th) months prior to the scheduled Aircraft Delivery.delivery. Spirit Airlines – A320 Family 2 EXHIBIT H-1 PROPULSION SYSTEMS PRICE REVISION FORMULA INTERNATIONAL AERO ENGINE

Appears in 2 contracts

Samples: Family Purchase Agreement (Spirit Airlines, Inc.), Letter Agreement (Spirit Airlines, Inc.)

Annulment of Formula. Should the above escalation provisions become null and void by action of the US Government, the price shall be adjusted due to increases in the costs of labor and material which have occurred from the period represented by the applicable Reference Price Indexes to the sixth Fifth (5th), Sixth (6th) month and Seventh (7th) months averaged prior to the scheduled Aircraft Delivery.

Appears in 2 contracts

Samples: China Eastern Airlines Corp LTD, China Eastern Airlines Corp LTD

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Annulment of Formula. Should the above escalation provisions become null and void by action of the US Government, the price shall will be adjusted due to increases in the costs of labor and material which have occurred from the period represented by the applicable Reference Price Indexes to average of the fifth (5th), sixth (6th) month and seventh (7th) months prior to the scheduled Aircraft Delivery.delivery. Spirit Airlines - A320 Family 2 EXHIBIT H-1 PROPULSION SYSTEMS PRICE REVISION FORMULA INTERNATIONAL AERO ENGINE

Appears in 1 contract

Samples: Family Purchase Agreement (Spirit Airlines, Inc.)

Annulment of Formula. Should the above escalation provisions become null and void by action of the US Government, the price Reference Price shall be adjusted due to increases in the costs of labor and material which have occurred from the period represented by the applicable Reference Price Indexes to the sixth (6th) month ***** prior to the scheduled Aircraft Delivery.. VOI A320 Family PA - AMDT 8 – Ref. D11032737 - December 2011 313/40 EXHIBIT A – PART 2 AND PART 3 – Propulsion Systems Price Revision Formula

Appears in 1 contract

Samples: Letter Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)

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