Common use of OPTIONAL ALLOWANCES AND ADJUSTMENTS Clause in Contracts

OPTIONAL ALLOWANCES AND ADJUSTMENTS. 1. When IAE declares Campaign Change, IAE, at its sole option, may grant to the Operator allowances and adjustments, such as, but not necessarily limited to: a. No charge material b. Specially priced material c. Single payment settlements for the Operators' fleet d. Fixed allowance support for each Nacelle. 2. These optional allowances and adjustments will be provided either: a. Instead of the standard Allowances of Paragraph B., b. In addition to the standard Allowances of Paragraph B., or c. As a portion of the standard Allowances of Paragraph B. 3. In no event shall the worth to the Operator, as reasonably determined by IAE, be less than the amount that would have been granted to the Operator as a standard Campaign Change Allowance, per Paragraph B. In considering the use of these optional allowances and adjustments, IAE will attempt to minimize the financial and administrative impact on the Operator.

Appears in 2 contracts

Samples: General Terms of Sale (Jetblue Airways Corp), General Terms of Sale (Jetblue Airways Corp)

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OPTIONAL ALLOWANCES AND ADJUSTMENTS. 1. When IAE declares a Campaign Change, IAE, at its sole option, may grant to the Operator allowances and adjustments, such as, but not necessarily limited to: a. No charge material material b. Specially priced material material c. Single payment settlements for the Operators' fleet fleet d. Fixed allowance support for each Nacelle. 2. These optional allowances and adjustments will be provided either: a. Instead of the standard Allowances of Paragraph B., , b. In addition to the standard Allowances of Paragraph B., or or c. As a portion of the standard Allowances of Paragraph B. 3. In no event shall the worth to the Operator, as reasonably determined by IAE, be less than the amount that would have been granted to the Operator as a standard Campaign Change Allowance, per Paragraph B. In considering the use of these optional allowances and adjustments, IAE will attempt to minimize the financial and administrative impact on the Operator.

Appears in 1 contract

Samples: V2500 Support Contract (America West Airlines Inc)

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