Common use of Notice of Exercise and Payment of Deposit Clause in Contracts

Notice of Exercise and Payment of Deposit. 6.1 Customer may exercise a Purchase Right by giving written notice to Boeing on [*************************************************] prior to the desired delivery month within the Delivery Period, specifying the desired month(s) of delivery within the Delivery Period (Notice of Exercise). Such Notice of Exercise will be accompanied by payment, by electronic transfer to the account specified below, of Boeing’s then standard proposal deposit for model 787-9 aircraft (Deposit) for each Purchase Right Aircraft subject to the Notice of Exercise. The Deposit will be applied against the first advance payment due for each such Purchase Right Aircraft. JPMorgan Chase Bank SWIFT No. CXXXXX00 ABA No. 000000000 Bank Account No. 9101012764 At the time of its receipt of each Notice of Exercise and related Deposit(s), Boeing will advise Customer as to the availability of the delivery month(s) requested.

Appears in 1 contract

Samples: Letter Agreement (China Southern Airlines Co LTD)

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Notice of Exercise and Payment of Deposit. 6.1 Customer may exercise a Purchase Right by giving written notice to Boeing on [*************************************************] or before the first day of the month twenty-four (24) months prior to the desired delivery month within the Delivery Period, specifying the desired month(s) of delivery within the Delivery Period (Notice of Exercise). Such Notice of Exercise will shall be accompanied by payment, by electronic transfer to the account specified below, of Boeing’s then standard proposal deposit for model 787737-9 8 aircraft (Deposit) for each Purchase Right Aircraft subject to the Notice of Exercise. The Deposit will be applied against the first advance payment due for each such Purchase Right Aircraft. JPMorgan Chase Bank SWIFT No. CXXXXX00 XXXXXX00 ABA No. 000000000 Bank Account No. 9101012764 XIA-PA-03807-LA-1705517 SA-3 BOEING PROPRIETARY At the time of its receipt of each Notice of Exercise and related Deposit(s), Boeing will advise Customer as to the availability of the delivery month(s) requested.

Appears in 1 contract

Samples: Purchase Agreement (China Southern Airlines Co LTD)

Notice of Exercise and Payment of Deposit. 6.1 Customer may exercise a Purchase Right by giving written notice to Boeing on [or before the first day of the month *************************************************] * months prior to the desired delivery month within the Delivery Period, specifying the desired month(s) of delivery within the Delivery Period (Notice of Exercise). Such Notice of Exercise will shall be accompanied by payment, by electronic transfer to the account specified below, of Boeing’s then standard proposal deposit for model 787737-9 800 aircraft (Deposit) for each Purchase Right Aircraft subject to the Notice of Exercise. The Deposit will be applied against the first advance payment due for each such Purchase Right Aircraft. JPMorgan Chase Bank SWIFT No. CXXXXX00 ABA CHXXXX00 XBA No. 000000000 Bank 020000000 Xank Account No. 9101012764 At the time of its receipt of each Notice of Exercise and related Deposit(s), Boeing will advise Customer as to the availability of the delivery month(s) requested.

Appears in 1 contract

Samples: Purchase Agreement (China Southern Airlines Co LTD)

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Notice of Exercise and Payment of Deposit. 6.1 Customer may exercise a Purchase Right by giving written notice to Boeing on [*************************************************] or before the first day of the month twenty-four (24) months prior to the desired delivery month within the Delivery PeriodPeriods, specifying the desired month(s) of delivery within the Delivery Period Periods (Notice of Exercise). Such Notice of Exercise will shall be accompanied by payment, by electronic transfer to the account specified below, of Boeing’s then standard proposal deposit for model 787737-9 8 aircraft (Deposit) for each Purchase Right Aircraft subject to the Notice of Exercise. The Deposit will be applied against the first advance payment due for each such Purchase Right Aircraft. JPMorgan Chase Bank SWIFT No. CXXXXX00 ABA No. 000000000 Bank Account No. 9101012764 At the time of its receipt of each Notice of Exercise and related Deposit(s), Boeing will advise Customer as to the availability of the delivery month(s) requested.

Appears in 1 contract

Samples: Letter Agreement (China Southern Airlines Co LTD)

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