Common use of PREDELIVERY PAYMENTS Clause in Contracts

PREDELIVERY PAYMENTS. 5.3.1 The Buyer shall pay Predelivery Payments to the Seller calculated on the predelivery payment reference price of each Aircraft, The predelivery payment reference price is determined by the following formula: *** 5.3.5 Clause 5 - Page 2/5

Appears in 2 contracts

Samples: Purchase Agreement (China Eastern Airlines Corp LTD), Purchase Agreement (China Eastern Airlines Corp LTD)

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PREDELIVERY PAYMENTS. 5.3.1 The Buyer shall pay Predelivery Payments to the Seller calculated on the predelivery payment reference price of each Aircraft, . The predelivery payment reference price is determined by the following formula: **** 5.3.5 Clause 5 - Page 2/55.3.2 Such Predelivery Payments shall be made in accordance with the following schedule: 5.3.3 Any Predelivery Payment received by the Seller shall constitute an instalment in respect of the Final Price of the Aircraft. The Seller shall be entitled to hold and use any Predelivery Payment as absolute owner thereof, ****.

Appears in 1 contract

Samples: Purchase Agreement (Avolon Holdings LTD)

PREDELIVERY PAYMENTS. 5.3.1 5.2.1 The Buyer shall pay Predelivery Payments to the Seller calculated on the predelivery payment reference price of each Aircraft, Aircraft [xxx]. The predelivery payment reference price is determined by the following formula: *** 5.3.5 Clause 5 - Page 2/5:

Appears in 1 contract

Samples: Second A320 Family Purchase Agreement (Lan Airlines SA)

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PREDELIVERY PAYMENTS. 5.3.1 The Buyer shall pay Predelivery Payments to the Seller calculated on the predelivery payment reference price of each AircraftAircraft (the "Predelivery Payment Reference Price", as defined herebelow). The predelivery payment reference price Predelivery Payment Reference Price is determined by the following formula: *** 5.3.5 Clause 5 - Page 2/5A = Pb (1 + 0.03N)

Appears in 1 contract

Samples: Purchase Agreement (Tam S.A.)

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