Common use of Periods and Seller’s Undertakings Clause in Contracts

Periods and Seller’s Undertakings. Subject to the general conditions and limitations set forth in Clause 12.2.4, the Seller agrees that if a Failure occurs in an Item before ***** after the Delivery of said Aircraft, whichever will first occur, the Seller will, at its discretion and as promptly as practicable and with the Seller’s financial participation as hereinafter provided, either:

Appears in 2 contracts

Samples: A321 Aircraft Purchase Agreement (Frontier Group Holdings, Inc.), A321 Aircraft Purchase Agreement (Frontier Group Holdings, Inc.)

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Periods and Seller’s Undertakings. Subject to the general conditions and limitations set forth in Clause 12.2.4, the The Seller agrees that if a Failure occurs in an Item before [***** ] after the Delivery delivery of said Aircraft, whichever will first occurAircraft to the Buyer, the Seller will, shall at its reasonable discretion and as promptly as practicable and with the Seller’s financial participation as hereinafter provided, provided either:

Appears in 2 contracts

Samples: Letter Agreement (Avianca Holdings S.A.), Letter Agreement (Avianca Holdings S.A.)

Periods and Seller’s Undertakings. Subject to the general conditions and limitations set forth in Clause 12.2.4, the Seller agrees that if a Failure occurs in an Item before ***** after the Delivery of said Aircraft, whichever will first occurAircraft in which such Item was originally installed, the Seller will, at its discretion and as promptly as practicable and with the Seller’s financial participation as hereinafter provided, either:

Appears in 2 contracts

Samples: Letter Agreement (Frontier Group Holdings, Inc.), Letter Agreement (Frontier Group Holdings, Inc.)

Periods and Seller’s Undertakings. Subject to the general conditions and limitations set forth in Clause 12.2.4, the The Seller agrees that if a Failure occurs in an Item before ***** after the Delivery of said Aircraft, whichever will shall first occur, the Seller willshall, at its discretion and as promptly as practicable and with the Seller’s financial participation as hereinafter provided, either:: ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Frontier Group Holdings, Inc.)

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Periods and Seller’s Undertakings. Subject to the general conditions and limitations set forth in Clause 12.2.4, the Seller agrees that if a Failure occurs in an Item before [***** ] after the Delivery of said Backlog Aircraft, whichever will first occuror for Incremental Aircraft, [***] after Delivery of said Incremental Aircraft in which such Item was originally installed, the Seller will, at its discretion and as promptly as practicable and with the Seller’s financial participation as hereinafter provided, either:

Appears in 1 contract

Samples: Letter Agreement (Frontier Group Holdings, Inc.)

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