Common use of Modification of Propulsion Systems Reference Price and Propulsion Systems Price Revision Formula Clause in Contracts

Modification of Propulsion Systems Reference Price and Propulsion Systems Price Revision Formula. The Propulsion Systems Reference Price, the prices of the related equipment and the Propulsion Systems Price Revision Formula are based on information received from the Propulsions Systems Manufacturer and are subject to amendment by the Propulsion Systems Manufacturer at any time prior to the Delivery Date. If the Propulsion Systems Manufacturer makes any such amendment, the amendment shall be automatically incorporated into this Agreement and the Propulsion Systems Reference Price, the prices of the related equipment and the Propulsion Systems Price Revision Formula shall be adjusted accordingly. The Seller agrees to notify the Buyer as soon as it receives notice of any such amendment from the Propulsion Systems Manufacturer.

Appears in 2 contracts

Samples: A330 Purchase Agreement (China Eastern Airlines Corp LTD), Letter Agreement (China Eastern Airlines Corp LTD)

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Modification of Propulsion Systems Reference Price and Propulsion Systems Price Revision Formula. The Propulsion Systems Reference Price, the prices of any equipment related to the related equipment Propulsion Systems and the Propulsion Systems Price Revision Formula are based on information received from the Propulsions Systems Manufacturer and are subject to amendment by the Propulsion Systems Manufacturer at any time prior to the Delivery Date. If the Propulsion Systems Manufacturer makes any such amendment, the amendment shall be automatically incorporated into this AGTA and the relevant Purchase Agreement and the Propulsion Systems Reference Price, the prices of the related equipment and the Propulsion Systems Price Revision Formula shall be adjusted accordingly. The Seller agrees to notify the Buyer as soon as it receives notice of any such amendment from the Propulsion Systems Manufacturer.

Appears in 1 contract

Samples: Letter Agreement (China Southern Airlines Co LTD)

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Modification of Propulsion Systems Reference Price and Propulsion Systems Price Revision Formula. The Propulsion Systems Reference Price, the prices of the related equipment and the Propulsion Systems Price Revision Formula are based on information received from the Propulsions Systems Manufacturer and are subject to amendment by the Propulsion Systems Manufacturer at any time prior to the Delivery Date. If the Propulsion Systems Manufacturer makes any such amendment, amendment the amendment shall be automatically incorporated into this Agreement and the Propulsion Systems Reference Price, the prices of the related equipment and the Propulsion Systems Price Revision Formula shall be adjusted accordingly. The Seller agrees to notify the Buyer as soon as it receives notice of any such amendment from the Propulsion Systems Manufacturer. Upon the Buyer's request, the Seller shall provide the Buyer with documented evidence of such a change being imposed by the Propulsion Systems Manufacturer.

Appears in 1 contract

Samples: Letter Agreement (KLM Royal Dutch Airlines)

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