Common use of Basic Credit Memorandum Clause in Contracts

Basic Credit Memorandum. In consideration of Buyer's purchase of twelve (12) firm Model 737- 400 aircraft (Firm Aircraft) and twelve (12) option Model 737-400 aircraft (Option Aircraft), Boeing shall issue a credit memorandum at time of delivery of each Firm and Option Aircraft to Buyer in an amount equal to [Confidential Treatment Requested] of Base Airframe plus Engine Price for Model 737-400/500/300 aircraft (Current Generation Aircraft) or Base Aircraft price for Model 737-800/700/600 aircraft (New Generation Aircraft), [Confidential Treatment Requested]. BASIC CREDIT MEMORANDA [Confidential Treatment Requested] MODEL FIRM AND OPTION TYPE AIRCRAFT 737-400 [Confidential Treatment Requested] 737-800 [Confidential Treatment Requested] 737-700 [Confidential Treatment Requested] 737-300 [Confidential Treatment Requested] 737-600 [Confidential Treatment Requested] 737-500 [Confidential Treatment Requested]