Common use of Costs of SCNs for Certification Clause in Contracts

Costs of SCNs for Certification. 7.3.1 The costs of implementing the variation or modification referred to in Clause 7.2.2 above shall be (i) for the account of the Seller if the Change in Law became effective prior to the date of this Agreement; (ii) shared equally between the Seller and the Buyer if the Change in Law became effective after the date of this Agreement. 7.3.2 Notwithstanding the provisions of sub-Clauses 7.3.1 (i) and (ii), if the Change in Law relates to the Propulsion Systems, the costs shall be borne in accordance with such arrangements as may be made separately between the Buyer and the Propulsion Systems Manufacturer. *** This information is subject to confidential treatment and has been omitted and filed separately with the Commission.

Appears in 2 contracts

Samples: Purchase Agreement (China Southern Airlines Co LTD), Purchase Agreement (China Southern Airlines Co LTD)

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Costs of SCNs for Certification. 7.3.1 The costs of implementing the variation or modification referred to in Clause 7.2.2 above shall be (i) for the account of the Seller if the Change in Law became effective prior to the date of this Agreement; (ii) shared equally between the Seller and the Buyer if the Change in Law became effective after the date of this Agreement. 7.3.2 Notwithstanding the provisions of sub-Clauses 7.3.1 (i) and (ii), if the Change in Law relates to the Propulsion Systems, the costs shall be borne in accordance with such arrangements as may be made separately between the Buyer and the Propulsion Systems Manufacturer. *** This information is subject to confidential treatment and has been omitted and filed separately with the Commission.

Appears in 1 contract

Samples: Purchase Agreement (China Southern Airlines Co LTD)

Costs of SCNs for Certification. 7.3.1 The costs of implementing the variation or modification referred to in Clause 7.2.2 above shall be (i) : **** It is understood that such costs shall reflect the Seller’s price for the account of the Seller if the Change in Law became effective prior such variation or modification as is generally offered to the date of this Agreement; (ii) shared equally between the Seller and the Buyer if the Change in Law became effective after the date of this Agreementmarket. 7.3.2 Notwithstanding the provisions of sub-Clauses 7.3.1 (i) and to (iiiii), if the Change in Law relates to the Propulsion Systems, the costs shall be borne in accordance with such arrangements as may be made separately between the Buyer and the Propulsion Systems Manufacturer. *** This information is subject to confidential treatment and has been omitted and filed separately with the Commission.

Appears in 1 contract

Samples: Purchase Agreement (Avolon Holdings LTD)

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Costs of SCNs for Certification. 7.3.1 The costs of implementing the variation or modification referred to in Clause 7.2.2 above shall be (i) for the account of the Seller [*****] if the Change in Law became effective prior to the date of this Agreement; (ii) shared equally between the Seller and the Buyer [*****] if the Change in Law became effective after the date of this Agreement. 7.3.2 Notwithstanding the provisions of sub-Clauses 7.3.1 (i) and (ii), if the Change in Law relates to the Propulsion Systems, the costs shall be borne in accordance with such arrangements as may be made separately between the Buyer and the Propulsion Systems Manufacturer. *** This information is subject to confidential treatment and has been omitted and filed separately with the Commission.

Appears in 1 contract

Samples: Purchase Agreement (Azul Sa)

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