Common use of General Expiration of Rights Clause in Contracts

General Expiration of Rights. Each Basic Purchase Right shall expire at the time of execution of the amendment to the Purchase Agreement providing for the purchase of the applicable [*], or, if no such amendment to the Purchase Agreement is executed. on 30 June ()xxxxx of the calendar years 2015 through 2018 for any then unexercised [*] with respect to the first calendar year commencing after such date. 2. [*] Subject to the terms and conditions contained herein, in addition to the Aircraft described in Table 1-3 to the Purchase Agreement as of the date of execution of Supplemental Agreement No. 3, Customer will have the right to purchase [*] Boeing Model 787-S aircraft on the terms and conditions described in this Letter Agreement ([*]). Customer’s right of substitution with respect to any Boeing Model 787-8 aircraft pursuant to the Purchase Agreement (or any other letter agreement amending and supplementing the Purchase Agreement) shall be applicable to each such [*].

General Expiration of Rights. Each Basic Purchase Right shall expire at the time of execution of the amendment to the Purchase Agreement providing for the purchase of the applicable [*], ] or, if no such amendment to the Purchase Agreement is executed. , on 30 June ()xxxxx of each of the calendar years 2012 through 2015 through 2018 for any then unexercised [*] with respect to the first calendar year commencing after such date. 2. [*] Subject to the terms and conditions contained herein, in addition to the Aircraft described in Table 1-3 2 to the Purchase Agreement as of the date of execution of Supplemental Agreement No. 32, Customer will have the right to purchase ([*] Boeing Model 787-S 8 aircraft on the terms and conditions described in this Letter Agreement ([*]). Customer’s right of substitution with respect to any Boeing Model 787-8 aircraft pursuant to the Purchase Agreement (or any other letter agreement amending and supplementing the Purchase Agreement) shall be applicable to each such [*].