Common use of Annulment of the Formula Clause in Contracts

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

Appears in 3 contracts

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

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

Appears in 1 contract

Samples: Letter Agreement (Virgin America Inc.)

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Annulment of the Formula. Should the above ***** provisions become null and void by action of the US Government, the LEAP-X Reference Price will be adjusted due to increases in the costs of labor and material which have occurred from the period represented by the applicable Reference ***** to the ***** twelfth (12th) month prior to the scheduled month of Aircraft delivery.

Appears in 1 contract

Samples: Letter Agreement (Virgin America Inc.)

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