Prices for Parts and Labor. In no event shall AEPC™ be required to pay (i) a price for any Component that exceeds the then-current OEM retail prices, as listed in the OEM parts catalog, or 110% of the price paid to the Component provider whichever is less; or (ii) labor rates that exceed the then-current regional labor rate.
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Samples: Airframe Maintenance Program Agreement, Airframe Maintenance Program Agreement, Mooney/Pistonpower™ Airframe Maintenance Program Agreement
Prices for Parts and Labor. In no event shall AEPC™ be required to pay (i) a price for any Component that exceeds the then-current OEM retail prices, as listed in the OEM parts catalog, or 110% of the price paid to the Component or Accessory provider whichever is less; or (ii) labor rates that exceed the then-current regional labor rate.
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