Common use of Basic Credit Memorandum Clause in Contracts

Basic Credit Memorandum. In consideration of Customer's purchase of ten (10) firm Model 747-400F aircraft (Firm Aircraft), Boeing will issue a credit memorandum at time of delivery of each Firm Aircraft to Customer in an amount equal to [ ] of the Base Airframe Price (excluding special features, engines and BFE/SPE), expressed in July 1995 dollars and subject to airframe escalation as described in Article 2.1.7 of the AGTA.

Appears in 3 contracts

Samples: Purchase Agreement (Atlas Air Inc), Purchase Agreement (Atlas Air Inc), Purchase Agreement (Atlas Air Inc)

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