Common use of Delay Charge for Spare Engines Clause in Contracts

Delay Charge for Spare Engines. In the event Airline delays the scheduled delivery date of a Spare Engine for a period, or cumulative period, of more than [***], such delay shall be considered a cancellation and the applicable provisions hereof regarding the effect of cancellation shall apply.

Delay Charge for Spare Engines. In the event Airline delays the scheduled delivery date of a Spare Engine for a period, or cumulative period, of more than [***]] month, such delay shall be considered a cancellation and the applicable provisions hereof regarding the effect of cancellation shall apply.