Common use of PREDELIVERY PAYMENTS Clause in Contracts

PREDELIVERY PAYMENTS. 5.3.1 Predelivery Payments are nonrefundable (although amounts equal to Predelivery Payments may be paid to the Buyer pursuant to Clause 10 or 11) and will be paid by the Buyer to the Seller for the Aircraft.

Appears in 3 contracts

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

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PREDELIVERY PAYMENTS. 5.3.1 5.2.1 Predelivery Payments are nonrefundable non-refundable (although amounts equal to Predelivery Payments may be paid to the Buyer pursuant to Clause 10 or 11Subclauses 10.2, 10.3, 10.5, 11.4, 11.5 and 21.2) and will shall be paid by the Buyer to the Seller for the Aircraft.

Appears in 1 contract

Samples: Letter Agreement (Delta Air Lines Inc /De/)

PREDELIVERY PAYMENTS. 5.3.1 5.2.1 Predelivery Payments are nonrefundable (although amounts equal to Predelivery Payments may be paid to the Buyer pursuant to Clause 10 or 1111.3) and will shall be paid by the Buyer to the Seller for Aircraft. The aggregate Predelivery Payment amount is twenty-five percent (25 %) of the AircraftPredelivery Payment Reference Price calculated as set forth in Clause 5.2.2.

Appears in 1 contract

Samples: Letter Agreement (Hawaiian Holdings Inc)

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PREDELIVERY PAYMENTS. 5.3.1 Predelivery Payments are nonrefundable (although amounts equal to Predelivery Payments may be paid to the Buyer pursuant to Clause 10 or 1111.3) and will be paid by the Buyer to the Seller for the Aircraft.

Appears in 1 contract

Samples: Letter Agreement (Air Lease Corp)

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