Delay in Delivery of More Than Twelve Months. If the revised delivery month is more than 12 months after the scheduled delivery month, either party may terminate the applicable purchase agreement with respect to such aircraft within 30 days of the notice. If either party does not terminate the applicable purchase agreement with respect to such aircraft, all terms and conditions of the applicable purchase agreement will remain in effect.
Appears in 6 contracts
Samples: Aircraft General Terms Agreement (Copa Holdings, S.A.), Aircraft General Terms Agreement (Alaska Air Group, Inc.), Aircraft General Terms Agreement (Copa Holdings, S.A.)
Delay in Delivery of More Than Twelve Months. If the revised delivery month is more than 12 months after the scheduled delivery month, either party may terminate the applicable purchase agreement with respect to such aircraft within 30 days of the notice. If either party does not terminate the applicable purchase agreement is not terminated with respect to such aircraft, all terms and conditions of the applicable purchase agreement will remain in effect.
Appears in 4 contracts
Samples: Letter Agreement (Fedex Corp), Purchase Agreement (Fedex Corp), Aircraft General Terms Agreement (Fedex Corp)
Delay in Delivery of More Than Twelve Months. If the revised delivery month in such notice is more than 12 twelve (12) months after the scheduled delivery monthScheduled Delivery Month, either party may terminate the applicable purchase agreement Purchase Agreement with respect to such aircraft Aircraft within 30 thirty (30) days of the receipt of such notice. If either party Customer does not terminate the applicable purchase agreement Purchase Agreement with respect to such aircraftAircraft, all terms and conditions of the applicable purchase agreement Purchase Agreement will remain in effect.
Appears in 1 contract
Samples: Letter Agreement (Amr Corp)
Delay in Delivery of More Than Twelve Months. If the revised delivery month in such notice is more than 12 months after the scheduled delivery month, either party may terminate the applicable purchase agreement with respect to such aircraft within 30 days of the notice. If either party does not terminate the applicable purchase agreement with respect to such aircraft, all terms and conditions of the applicable purchase agreement will remain in effect.
Appears in 1 contract
