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 fourth months prior to the scheduled Aircraft Delivery.

Appears in 1 contract

Samples: A320 Purchase Agreement (Jetblue Airways Corp)

AutoNDA by SimpleDocs

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 labor, material and material fuel which have occurred from the period represented by the applicable Reference Price Indexes to the fourth months (4th) month prior to the scheduled month of Aircraft Deliverydelivery.

Appears in 1 contract

Samples: Letter Agreement (Tam S.A.)

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 Composite Price Indexes Index to the fourth months twelfth (12th) month prior to the scheduled month of Aircraft Delivery.

Appears in 1 contract

Samples: Letter Agreement (Jetblue Airways Corp)

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 labor, and material which have occurred from the period represented by the applicable Reference Composite Price Indexes Index to the fourth months twelfth (12th) month prior to the scheduled month of Aircraft Deliverydelivery.

Appears in 1 contract

Samples: Letter Agreement (KLM Royal Dutch Airlines)

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 labor, and material which have occurred from the period represented by the applicable Reference Composite Price Indexes Index to the fourth months twelfth (12th) month prior to the scheduled Aircraft DeliveryScheduled Delivery Month of the Aircraft.

Appears in 1 contract

Samples: Participation Agreement (AerCap Holdings N.V.)

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 materiel which have occurred from the period represented by the applicable Reference Price Indexes to the fourth months fifth (5th), sixth (6th) and seventh (7th) month prior to the scheduled Aircraft Deliverydelivery.

Appears in 1 contract

Samples: Aircraft Purchase Agreement (AerCap Holdings N.V.)

AutoNDA by SimpleDocs

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 fourth months sixth (6th) month prior to the scheduled Scheduled Aircraft DeliveryDelivery Month.

Appears in 1 contract

Samples: Participation Agreement (AerCap Holdings N.V.)

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 indexes to the fourth months *** prior to the scheduled Aircraft Deliverydelivery.

Appears in 1 contract

Samples: Letter Agreement (China Eastern Airlines Corp LTD)

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 fourth average of the fifth (5th), sixth (6th) and seventh (7th) months prior to the scheduled Aircraft Delivery.

Appears in 1 contract

Samples: Letter Agreement (Flyi Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.