Calculation - Eligible Aircraft Delivering in 1998 Sample Clauses

Calculation - Eligible Aircraft Delivering in 1998. At the time of delivery of each Eligible Aircraft delivering in 1998, Boeing will issue to Customer a credit memorandum (the 1998 Credit Memorandum) which shall be applied to the Aircraft Price of such Eligible Aircraft. The 1998 Credit Memorandum shall be calculated as follows:
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Calculation - Eligible Aircraft Delivering in 1998. At the time of delivery of each Eligible Aircraft delivering in [XX], Boeing will issue to Buyer a credit memorandum (the [XX] Credit Memorandum) which shall be applied to the Purchase Price of such Aircraft. The [XX] Credit Memorandum shall be calculated as follows: (i) [XXXXXX] of the difference between the Aircraft escalation calculated for a December [XX] aircraft delivery position, and the escalation calculated for the month of delivery of the [XX] Eligible Aircraft; provided however, The maximum amount of the [XX] Credit Memorandum shall not exceed [X] percent pursuant to the following calculation: At the time of the delivery of the 1998 Eligible Aircraft, the Aircraft Basic Price will be escalated to a December 1997 delivery month. The December 1997 escalated price will be referred to in the following formula as the "December [XX] Index Amount." The [XX] Credit Memorandum for the [XX] Eligible Aircraft will not exceed an amount equal to: the December 1997 Index Amount times [XX]; and,

Related to Calculation - Eligible Aircraft Delivering in 1998

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

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