Common use of Delivery of Reference Aircraft Clause in Contracts

Delivery of Reference Aircraft. the Reference Aircraft corresponding to the Aircraft (construed in accordance with Clause 1.2.1(n) of the Buyback Support Agreement) has been delivered to the Seller in accordance with the terms and conditions set out in the Purchase Agreement. The conditions precedent set out in paragraphs A(a), A(b), B(i), B(ii), B(iii), B(iv) and B(v) shall each be subject a grace period of fifteen (15) Business Days commencing on the Scheduled Delivery Date. The condition precedent set out in paragraph B(vii) above, shall, with regard to any non-fulfilment of such condition precedent which results solely from a Third Party Event, be subject to a grace period of one hundred twenty (120) days and, in any other circumstances, sixty (60) days, but in either case commencing on the Scheduled Delivery Date.