Backlog Aircraft Clause Samples

The 'Backlog Aircraft' clause defines how aircraft that are on order but not yet delivered—referred to as backlog aircraft—are treated under the agreement. This clause typically outlines the rights and obligations of the parties regarding these undelivered aircraft, such as delivery schedules, payment terms, or the ability to assign or transfer delivery positions. Its core function is to provide clarity and structure around the management and allocation of aircraft that are pending delivery, thereby reducing uncertainty and potential disputes related to future aircraft deliveries.
Backlog Aircraft the A320 Backlog Aircraft and the A321 Backlog Aircraft.
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Backlog Aircraft the A320 Backlog Aircraft and the A321 Backlog Aircraft. Base Price of the Airframe – the Base Price of the A319 NEO Airframe, the Base Price of the A320 Backlog Airframe, the Base Price of A320 NEO Airframe, the Base Price of the A321 Backlog Airframe, the Base Price of the A321 NEO Airframe, the Base Price of the Group 1 A320 Airframe, the Base Price of the Incremental A321 Airframe, the Base Price of the Incremental A321 NEO Airframe, [***], the Base Price of the Additional A321 as applicable. Base Price of the A321 LR Airframe – as defined in Paragraph 4 herein. Base Price of the Group 1 A320 Airframe – as defined in Paragraph 4 herein. [***] [***]
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Backlog Aircraft. [***] 4 ASSIGNMENT
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Backlog Aircraft the A319 Backlog Aircraft, the A320 Backlog Aircraft and the A321 Backlog Aircraft. Incremental Aircraft – the A320 Incremental Aircraft and A321 Incremental Aircraft. Predelivery Payment – with respect to any Aircraft, any of the payments determined in accordance with Clause 5.3 for such Aircraft. Propulsion System – any or all, as applicable, of the A319 Propulsion System, A320 Propulsion System and the A321 Propulsion System. Propulsion System Manufacturer – as applicable, the manufacturer of the A319 Propulsion System, A320 Propulsion System or the A321 Propulsion System. Propulsion System Price Revision Formula – the applicable Propulsion System price revision formula set forth in Part 2 or Part 3 of Exhibit C.
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Backlog Aircraft the A320 Backlog Aircraft and the A321 Backlog Aircraft. Base Price of the Airframe - the Base Price of the A319 NEO Airframe, the Base Price of the A320 Backlog Airframe, the Base Price of A320 NEO Airframe, the Base Price of the A321 Backlog Airframe, the Base Price of the A321 NEO Airframe, the Base Price of the Group 1 A320 Airframe, the Base Price of the Incremental A321 Airframe, the Base Price of the Incremental A321 NEO Airframe, the Base Price of the Converted A321 Airframe or the Base Price of the Converted A321 NEO Airframe, as applicable. Base Price of the A319 NEO Airframe - as defined in Paragraph 4 herein. Base Price of the A321 NEO Airframe - as defined in Paragraph 4 herein. Base Price of the Group 1 A320 Airframe - as defined in Paragraph 4 herein. Base Price of the Converted A321 Backlog Airframe - as defined in Paragraph 4 herein. Base Price of the Converted A321 NEO Airframe - as defined in Paragraph 4 herein. Base Price of the Incremental A321 Airframe - as defined in Paragraph 4 herein. Base Price of the Incremental A321 NEO Airframe - as defined in Paragraph 4 herein.
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Backlog Aircraft. The Buyer and the Seller acknowledge that the Buyer [***] in accordance with the terms and conditions set forth in Paragraph 2 of this Letter Agreement.
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Related to Backlog Aircraft

  • Aircraft This peril includes self-propelled missiles and spacecraft.

  • Lease of Aircraft Lessor agrees to lease the Aircraft to Lessee pursuant to the provisions of FAR Section 91.501(b)(6) and Section 91.501(c)(1) and this Agreement, and to provide a fully-qualified and credentialed flight crew for all flights to be conducted hereunder during the Term (as defined in Section 13) hereof. The parties acknowledge and agree that this Agreement did not result in any way from any direct or indirect advertising, holding out or soliciting on the part of Lessor or any person purportedly acting on behalf of Lessor. Lessor and Lessee intend that the lease of the Aircraft effected by this Agreement shall be treated as a “wet lease” pursuant to which Lessor provides transportation services to Lessee in accordance with FAR Section 91.501(b)(6) and Section 91.501(c)(1).

  • Return of Aircraft 64 23.1 Date of Return................................................64 23.2

  • ESTIMATED / SPECIFIC QUANTITY CONTRACTS Estimated quantity contracts, also referred to as indefinite delivery / indefinite quantity contracts, are expressly agreed and understood to be made for only the quantities, if any, actually ordered during the Contract term. No guarantee of any quantity is implied or given. With respect to any specific quantity stated in the contract, the Commissioner reserves the right after award to order up to 20% more or less (rounded to the next highest whole number) than the specific quantities called for in the Contract. Notwithstanding the foregoing, the Commissioner may purchase greater or lesser percentages of Contract quantities should the Commissioner and Contractor so agree. Such agreement may include an equitable price adjustment.

  • Condition of Aircraft The Aircraft at the time of its return to Lessor shall have been maintained in accordance with the provisions of this Agreement with the same care and consideration for the technical condition of the Aircraft as if it were to have been kept in continued regular service by the Lessee, and shall meet the following requirements: