Common use of Escalation of Credit Memoranda Clause in Contracts

Escalation of Credit Memoranda. Unless otherwise noted, the amounts of the Credit Memoranda stated in Paragraphs 1.1 through 1.5 are in [*] base year dollars and will be escalated to the scheduled month of the respective Exercised Purchase Right Aircraft delivery pursuant to the Airframe Escalation formula set forth in the Purchase Agreement applicable to the Exercised Purchase Right Aircraft. The Credit Memoranda may, at the election of Customer, be [*].

Appears in 5 contracts

Samples: Letter Agreement (Fedex Corp), Supplemental Agreement (Fedex Corp), Supplemental Agreement (Fedex Corp)

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Escalation of Credit Memoranda. Unless otherwise noted, the amounts of the Credit Memoranda stated in Paragraphs 1.1 through 1.5 [*] are in [*] base year dollars and will be escalated to the scheduled month of same time period as the respective Exercised Purchase Right Aircraft delivery Airframe pursuant to the Airframe Escalation formula set forth in the Purchase Agreement applicable to the Exercised Purchase Right Block D Option Aircraft. The Credit Memoranda may, at the election of Customer, be [*].

Appears in 2 contracts

Samples: Supplemental Agreement (Fedex Corp), Letter Agreement (Fedex Corp)

Escalation of Credit Memoranda. Unless otherwise noted, the amounts of the Credit Memoranda stated in Paragraphs 1.1 through 1.5 [*] are in [*] base year dollars and will be escalated to the scheduled month of same time period as the respective Exercised Purchase Right Aircraft delivery Airframe pursuant to the Airframe Escalation formula set forth in the Purchase Agreement applicable to the Exercised Purchase Right Option Aircraft. The Credit Memoranda may, at the election of Customer, be [*].

Appears in 2 contracts

Samples: Supplemental Agreement (Fedex Corp), Letter Agreement (Fedex Corp)

Escalation of Credit Memoranda. Unless otherwise noted, the amounts of the Credit Memoranda stated in Paragraphs 1.1 through 1.5 are in [*] base year dollars and will be escalated to the scheduled month of same time period as the respective Exercised Purchase Right Aircraft delivery Airframe pursuant to the Airframe Escalation formula set forth in the Purchase Agreement applicable to the Exercised Purchase Right Block D Option Aircraft. The Credit Memoranda may, at the election of Customer, be [*].

Appears in 2 contracts

Samples: Letter Agreement (Fedex Corp), Letter Agreement (Fedex Corp)

Escalation of Credit Memoranda. Unless otherwise noted, the amounts of the Credit Memoranda stated in Paragraphs 1.1 through 1.5 1.6 are in [*] base year dollars and will be escalated to the scheduled month of same time period as the respective Exercised Purchase Right Aircraft delivery Airframe pursuant to the Airframe Escalation formula set forth in the Purchase Agreement applicable to the Exercised Purchase Right Table 1-A2 Aircraft. The Credit Memoranda may, at the election of Customer, be [*].

Appears in 2 contracts

Samples: Letter Agreement (Fedex Corp), Letter Agreement (Fedex Corp)

Escalation of Credit Memoranda. Unless otherwise noted, the amounts of the Credit Memoranda stated in Paragraphs 1.1 through 1.5 are in [*] base year dollars and will be escalated to the scheduled month of same time period as the respective Exercised Purchase Right Aircraft delivery Airframe pursuant to the Airframe Escalation formula set forth in the Purchase Agreement applicable to the Exercised Purchase Right Table 1-A1 Aircraft. The Credit Memoranda may, at the election of Customer, be [*].

Appears in 2 contracts

Samples: Letter Agreement (Fedex Corp), Supplemental Agreement (Fedex Corp)

Escalation of Credit Memoranda. Unless otherwise noted, the amounts of the Credit Memoranda stated in Paragraphs 1.1 through 1.5 are in [*] base year dollars and will be escalated to the scheduled month of the respective Exercised Purchase Right Aircraft delivery pursuant to the Airframe Escalation formula set forth in the Purchase Agreement applicable to the Exercised Purchase Right Aircraft. The Credit Memoranda may, at the election of Customer, be (i) [*].

Appears in 2 contracts

Samples: Letter Agreement (Fedex Corp), Letter Agreement (Fedex Corp)

Escalation of Credit Memoranda. Unless otherwise noted, the amounts of the Credit Memoranda stated in Paragraphs 1.1 through 1.5 [*] are in [*] base year dollars and will be escalated to the scheduled month of same time period as the respective Exercised Purchase Right Aircraft delivery Airframe pursuant to the Airframe Escalation formula set forth in the Purchase Agreement applicable to the Exercised Purchase Right Block C Aircraft. The Credit Memoranda may, at the election of Customer, be [*].

Appears in 2 contracts

Samples: Supplemental Agreement (Fedex Corp), Letter Agreement (Fedex Corp)

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Escalation of Credit Memoranda. Unless otherwise noted, the amounts of the Credit Memoranda stated in Paragraphs 1.1 through 1.5 [*] are in [*] base year dollars and will be escalated to the scheduled month of same time period as the respective Exercised Purchase Right Aircraft delivery Airframe pursuant to the Airframe Escalation formula set forth in the Purchase Agreement applicable to the Exercised Purchase Right Aircraft. The Credit Memoranda may, at the election of Customer, be [*].

Appears in 2 contracts

Samples: Supplemental Agreement (Fedex Corp), Letter Agreement (Fedex Corp)

Escalation of Credit Memoranda. Unless otherwise noted, the amounts of the Credit Memoranda stated in Paragraphs 1.1 through 1.5 1.6 are in [*] base year dollars and will be escalated to the scheduled month of same time period as the respective Exercised Purchase Right Aircraft delivery Airframe pursuant to the Airframe Escalation formula set forth in the Purchase Agreement applicable to the Exercised Purchase Right Block H Aircraft and Block I Aircraft. The Credit Memoranda may, at the election of Customer, be [*].

Appears in 1 contract

Samples: Letter Agreement (Fedex Corp)

Escalation of Credit Memoranda. Unless otherwise noted, the amounts of the Credit Memoranda credit memoranda stated in Paragraphs 1.1 through 1.5 paragraphs 2.1 and 2.2 are in [*] 2017 base year dollars and will be escalated to the scheduled month of the respective Exercised Purchase Right Slide Aircraft delivery pursuant to the Airframe Escalation airframe escalation formula set forth in the Purchase Agreement applicable to the Exercised Purchase Right AircraftAgreement. The Credit Memoranda may, at the election of Customer, be [***].

Appears in 1 contract

Samples: Supplemental Agreement (Avianca Holdings S.A.)

Escalation of Credit Memoranda. Unless otherwise noted, the credit memoranda amounts of the Credit Memoranda stated in Paragraphs 1.1 through 1.5 1.4 are in [*] 2012 base year dollars and will be escalated to the scheduled delivery month of the respective Exercised Purchase Right Aircraft delivery pursuant to the Airframe Escalation formula set forth in the Purchase Agreement applicable to the Exercised Purchase Right respective Aircraft. The Credit Memoranda may, Customer may apply the credit memoranda (i) against the Aircraft Price of the respective Aircraft at the election time of Customer, be [*]delivery; or (ii) against the purchase of other Boeing goods and services; but not for advance payments.

Appears in 1 contract

Samples: Letter Agreement (China Southern Airlines Co LTD)

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