Common use of Annulment of Formula Clause in Contracts

Annulment of Formula. Should the above ***** provisions become null and void by action of the US Government, the Reference Price shall be adjusted due to increases in the costs of labor and materiel which have occurred from the period represented by the applicable ***** to the ***** prior to the scheduled Aircraft delivery.

Appears in 2 contracts

Samples: A321 Aircraft Purchase Agreement (Frontier Group Holdings, Inc.), A321 Aircraft Purchase Agreement (Frontier Group Holdings, Inc.)

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Annulment of Formula. Should the above ***** provisions become null and void by action of the US Government, the Reference Price shall be adjusted due to increases in the costs of labor and materiel material which have occurred from the period represented by the applicable Reference ***** to the twelfth (12th) month prior to the month of Aircraft Delivery. ***** prior to ***** Confidential portions of the scheduled Aircraft deliverymaterial have been omitted and filed separately with the Securities and Exchange Commission.

Appears in 1 contract

Samples: Letter Agreement (Virgin America Inc.)

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

Appears in 1 contract

Samples: Letter Agreement (Virgin America Inc.)

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Annulment of Formula. Should the above ***** provisions become null and void by action of the US Government, the Reference Price shall will be adjusted due to increases in the costs of labor and materiel which have occurred from the period represented by the applicable ***** Reference Price Indexes to the [*CTR**** ] month prior to the scheduled Aircraft delivery.. EXHIBIT C-4

Appears in 1 contract

Samples: Letter Agreement (American Airlines Inc)

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