Current Generation Aircraft Clause Samples
The 'Current Generation Aircraft' clause defines and specifies the types of aircraft considered to be of the latest or most advanced model currently in commercial operation. In practice, this clause typically lists or references specific aircraft models or series that meet certain technological, safety, or efficiency standards, ensuring that only up-to-date equipment is used for the contract's purposes. Its core function is to ensure that parties are aligned on the quality and capabilities of the aircraft involved, reducing ambiguity and helping to maintain high operational and safety standards.
Current Generation Aircraft. 3.1.1.1 Special Features are the features listed in Exhibit A-4 which Buyer has selected for incorporation in Current Generation Aircraft.
3.1.1.2 Base Airframe Price is the Aircraft Basic Price excluding the price of Special Features and Engines.
3.1.1.3 Engine Price is the price established by the Engine manufacturer for the Engines installed on the Aircraft including all accessories, equipment and parts set forth in Exhibit D-1.
3.1.1.4 Aircraft Basic Price is comprised of the Base Airframe Price, the Engine Price and the price of the Special Features.
Current Generation Aircraft. Model 737-524 Aircraft (the Current Generation Aircraft) which will be manufactured in accordance with the Boeing detail specification as described in Exhibit A-4, and as modified from time to time in accordance with this Agreement.
Current Generation Aircraft. The Model 737-490 Aircraft Basic Price, expressed in July 1995 dollars, is set forth below: Base Airframe Price: $ *** Special Features $ Engine Price $ Aircraft Basic Price $
Current Generation Aircraft. On or before October 1, 1996 for the Model 737-490 Aircraft, Boeing will provide to Buyer a BFE Requirements On-Dock/Inventory Document (BFE Document) or an electronically transmitted BFE Report which may be periodically revised, setting forth the items, quantities, on-dock dates and shipping instructions relating to the in sequence installation of BFE. For planning purposes, a preliminary BFE on-dock schedule is set forth in the attachment to this Exhibit.