Commercial Conditions for price Adjustment. Prices of this Agreement will be adjusted [*****], in accordance with the following adjustment formula: where: • [*****] is the [*****] for the year N+1, • [*****] is the [*****] as determined by economic conditions of year N (current year), • [*****] is the [*****] in the year N, • [*****] is the corresponding [*****] of the year N-1, • [*****] is the [*****] in the year N, • [*****] is the corresponding [*****] of the year N-1. Escalation is subject to a [*****] for Stock, Clause 10.1, and Standard Exchange, Clause 10.2, services.
Appears in 2 contracts
Samples: Global Maintenance Agreement (Azul Sa), Global Maintenance Agreement (Azul Sa)
Commercial Conditions for price Adjustment. Prices of this Agreement will be adjusted [*****], ] in accordance with the following adjustment formula: where: • [*****] is the [*****] for the year N+1, • [*****] is the [*****] as determined by economic conditions of year N (current year), • [*****] is the [*****] in the year N, • [*****] is the corresponding [*****] of the year N-1, • [*****] is the [*****] in the year N, • [*****] is the corresponding [*****] of the year N-1. Escalation is subject to a [*****] for Stock, Clause 10.1, and Standard Exchange, Clause 10.2, services.
Appears in 2 contracts
Samples: Global Maintenance Agreement (Azul Sa), Global Maintenance Agreement (Azul Sa)