Common use of New Engine Option Clause in Contracts

New Engine Option. 2.1.1.1 The Seller is currently developing a new engine option (the “New Engine Option” or “NEO”) that will be applicable to the A319-100, A320-200 and A321-200 model aircraft. The specification of the A320 Family NEO Aircraft will be derived from the relevant Standard Specification and will include (i) as applicable, the Propulsion Systems set forth in Clauses 2.3.4, 2.3.5 and 2.3.6 below, (ii) Sharklets, (iii) airframe structural adaptations, and (iv) Aircraft systems and software adaptations required to operate A320 Family NEO Aircraft. The foregoing is currently reflected in the Irrevocable SCNs, the implementation of which is hereby irrevocably accepted by the Buyer.

New Engine Option. 2.1.1.1 2.1.2.1 The Seller is currently developing a new engine option (the “New Engine Option” or “NEO”) that will be ), applicable to the A319-100, A320-200 A320 and A321-200 model A321 type aircraft. The specification of the A319, A320 Family and A321 NEO Aircraft will shall be derived from the relevant current A319, A320 and A321 respective Standard Specification Specification(s) and will include (i) based on the new Propulsion Systems, as applicable, the Propulsion Systems set forth in Clauses 2.3.4, 2.3.5 and 2.3.6 Clause 2.3 below, (ii) and Sharklets, (iii) combined with the required airframe structural adaptations, and (iv) as well as Aircraft systems and software adaptations required to operate such A320 NEO Family NEO Aircraft. The foregoing is currently reflected in the Irrevocable SCNsSCNs listed in Appendix 1 to Exhibit A, the implementation of which is hereby irrevocably accepted by the Buyer.