Common use of Option Aircraft Clause in Contracts

Option Aircraft. 8.1 The opening paragraph of Article 23 and delivery schedule table of the Purchase Agreement are hereby deleted and replaced by the following: “Buyer shall have the option to purchase up to seventy-four (74) additional Option Aircraft, to be delivered on the last day of the applicable month set forth below or such earlier date in such month specified pursuant to Article 7.1: Option A/C Delivery Month Option A/C Delivery Month Option A/C Delivery Month 1 Oct 08 26 *** 51 *** 2 *** 27 *** 52 *** 3 *** 28 *** 53 *** 4 *** 29 *** 54 *** 5 *** 30 *** 55 *** 6 *** 31 *** 56 *** 7 *** 32 *** 57 *** 8 *** 33 *** 58 *** 9 *** 34 *** 59 *** 10 *** 35 *** 60 *** 11 *** 36 *** 61 *** 12 *** 37 *** 62 *** 13 *** 38 *** 63 *** 14 *** 39 *** 64 *** 15 *** 40 *** 65 *** 16 *** 41 *** 66 *** 17 *** 42 *** 67 *** 18 *** 43 *** 68 *** 19 *** 44 *** 69 *** 20 *** 45 *** 70 *** 21 *** 46 *** 71 *** 22 *** 47 *** 72 *** 23 *** 48 *** 73 *** 24 *** 49 *** 74 Aug 12” 25 *** 50 ***

Appears in 1 contract

Samples: Purchase Agreement (Republic Airways Holdings Inc)

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Option Aircraft. 8.1 9.1 The opening paragraph of Article 23 and delivery schedule table of the Purchase Agreement are hereby deleted and replaced by the following: “Buyer shall have the option to purchase up to seventy-four five (7475) additional Option Aircraft, to be delivered on the last day of the applicable month set forth below or such earlier date in such month specified pursuant to Article 7.1: Option A/C Delivery Month Option A/C Delivery Month Option A/C Delivery Month 1 Oct 08 Jul 2008 26 *** 51 *** 2 *** 27 *** 52 *** 3 *** 28 *** 53 *** 4 *** 29 *** 54 *** 5 *** 30 *** 55 *** 6 *** 31 *** 56 *** 7 *** 32 *** 57 *** 8 *** 33 *** 58 *** 9 *** 34 *** 59 *** 10 *** 35 *** 60 *** 11 *** 36 *** 61 *** 12 *** 37 *** 62 *** 13 *** 38 *** 63 *** 14 *** 39 *** 64 *** 15 *** 40 *** 65 *** 16 *** 41 *** 66 *** 17 *** 42 *** 67 *** 18 *** 43 *** 68 *** 19 *** 44 *** 69 *** 20 *** 45 *** 70 *** 21 *** 46 *** 71 *** 22 *** 47 *** 72 *** 23 *** 48 *** 73 *** 24 *** 49 *** 74 Aug 12” *** 25 *** 50 **** 75 Sep 2012

Appears in 1 contract

Samples: Purchase Agreement (Republic Airways Holdings Inc)

Option Aircraft. 8.1 4.1 The opening paragraph of Article 23 and delivery schedule table of the Purchase Agreement are hereby deleted and replaced by the following: “Buyer shall have the option to purchase up to seventy-four nine (7479) additional Option Aircraft, to be delivered on the last day of the applicable month set forth below or such earlier date in such month specified pursuant to Article 7.1: Option A/C Delivery Month Option A/C Delivery Month *** *** Option A/C Delivery Month 1 Oct Jul 08 26 *** 51 *** 2 *** 27 *** 52 *** 3 *** 28 *** 53 *** 4 *** 29 *** 54 *** 5 *** 30 *** 55 *** 6 *** 31 *** 56 *** 7 *** 32 *** 57 *** 8 *** 33 *** 58 *** 9 *** 34 *** 59 *** 10 *** 35 *** 60 *** 11 *** 36 *** 61 *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** 79 Aug 12 *** 37 *** 62 *** 13 *** 38 *** 63 *** 14 *** 39 *** 64 *** 15 *** 40 *** 65 *** 16 *** 41 *** 66 *** 17 *** 42 *** 67 *** 18 *** 43 *** 68 *** 19 *** 44 *** 69 *** 20 *** 45 *** 70 *** 21 *** 46 *** 71 *** 22 *** 47 *** 72 *** 23 *** 48 *** 73 *** 24 *** 49 *** 74 Aug 12” 25 *** 50 ***

Appears in 1 contract

Samples: Purchase Agreement (Republic Airways Holdings Inc)

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Option Aircraft. 8.1 5.1 The opening paragraph of Article 23 and delivery schedule table of the Purchase Agreement are hereby deleted and replaced by the following: “Buyer shall have the option to purchase up to seventy-four (74) 74 additional Option Aircraft, to be delivered on the last day of the applicable month set forth below or such earlier date in such month specified pursuant to Article 7.1: Option A/C Delivery Month Option A/C Delivery Month Option A/C Delivery Month 1 Oct 08 Mar 09 26 *** 51 *** 2 *** 27 *** 52 *** 3 *** 28 *** 53 *** 4 *** 29 *** 54 *** 5 *** 30 *** 55 *** 6 *** 31 *** 56 *** 7 *** 32 *** 57 *** 8 *** 33 *** 58 *** 9 *** 34 *** 59 *** 10 *** 35 *** 60 *** 11 *** 36 *** 61 *** 12 *** 37 *** 62 *** 13 *** 38 *** 63 *** 14 *** 39 *** 64 *** 15 *** 40 *** 65 *** 16 *** 41 *** 66 *** 17 *** 42 *** 67 *** 18 *** 43 *** 68 *** 19 *** 44 *** 69 *** 20 *** 45 *** 70 *** 21 *** 46 *** 71 *** 22 *** 47 *** 72 *** 23 *** 48 *** 73 *** 24 *** 49 *** 74 Aug 12” Apr 13 25 *** 50 ***

Appears in 1 contract

Samples: Purchase Agreement (Republic Airways Holdings Inc)

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