Common use of Commercial Conditions for price Adjustment Clause in Contracts

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)

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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)

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