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: Purchase Agreement (China Eastern Airlines Corp LTD), Purchase 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 the related equipment and the Propulsion Systems Price Revision Formula are based on information received from the Propulsions Systems Manufacturer manufacturer and are subject to amendment by the Propulsion Systems Manufacturer manufacturer at any time prior to the Delivery Date. If the Propulsion Systems Manufacturer manufacturer makes any such amendment, the amendment shall be automatically incorporated into this Agreement Agreement, and the Propulsion Systems Reference Price, the prices of the related equipment and the Propulsion Systems Price Revision Formula shall will be adjusted accordingly. In particular, changes may reflect evolution in the Propulsion Systems characteristics and/or finalization of an agreement thereupon between the Seller and/or the Manufacturer and the Propulsion Systems manufacturer. The Seller agrees to notify the Buyer as soon as it receives notice of any such amendment from the Propulsion Systems Manufacturermanufacturer.

Appears in 1 contract

Samples: Purchase Agreement (Fedex Corp)

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: Purchase Agreement (KLM Royal Dutch Airlines)

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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: Aircraft General Terms Agreement (China Southern Airlines Co LTD)

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