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 […***…] the Seller will, at its discretion, as promptly as practicable and with the Seller’s financial participation as hereinafter provided, either : - design and furnish to the Buyer a correction for such Item and provide any parts required for such correction (including Seller designed standard parts but excluding industry standard parts), or - replace such Item.

Appears in 2 contracts

Samples: Purchase Agreement (Hawaiian Holdings Inc), Purchase Agreement (Hawaiian 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 […***…] ** after the Delivery of said Aircraft in which such Item was originally installed, the Seller will, at its discretion, discretion and as promptly as practicable and with the Seller’s financial participation as hereinafter provided, either : - either: (a) design and furnish to the Buyer a correction for such Item with a Failure and provide any parts required for such correction (including Seller designed standard parts but excluding industry standard parts), or - or (b) replace such Item.

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 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, discretion and as promptly as practicable and with the Seller’s financial participation as hereinafter provided, either : - either: (a) design and furnish to the Buyer a correction for such Item with a Failure and provide any parts required for such correction (including Seller designed standard parts but excluding industry standard parts), or - or (b) replace such Item.

Appears in 2 contracts

Samples: Purchase Agreement (Frontier Group Holdings, Inc.), 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 Seller agrees that if a Failure occurs in an Item [***] after the Delivery of said Backlog Aircraft, or for Incremental Aircraft, [***] after Delivery of said Incremental Aircraft in which such Item was originally installed, the Seller will, at its discretion, discretion and as promptly as practicable and with the Seller’s financial participation as hereinafter provided, either : - either: (a) design and furnish to the Buyer a correction for such Item with a Failure and provide any parts required for such correction (including Seller designed standard parts but excluding industry standard parts), or - or (b) replace such Item.

Appears in 1 contract

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

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