Pricing Periods Clause Samples

Pricing Periods. (a) Subject to subsection --------------- (b) of this Section, "Level I Pricing Period" means any period during which ---------------------- Index Debt shall be rated BBB+ or better by S&P or Baa1 or better by ▇▇▇▇▇'▇, and "Level II Pricing Period" means any period that is not a Level ----------------------- I Pricing Period. "Pricing Period" means a Level I Pricing Period or a Level -------------- II Pricing Period.

Pricing Periods. (a) Subject to paragraph (b) below, "Level I Pricing Period" shall mean any period during which Index Debt shall be rated A- or better by S&P and A3 or better by Moody's; "Level II Pricing Period" shall mean any ▇▇▇▇▇▇ during which Index Debt shall be rated (i) BBB+ or better by S&P and Baa1 by Moody's or (ii) BBB+ by S&P and Baa1 or better by Mood▇'▇; "Level III Pricing Period" shall mean any ▇▇▇▇▇▇ during which Index Debt shall be rated (i) BBB or better by S&P and Baa2 by Moody's or (ii) BBB by S&P and Baa2 or better by M▇▇▇▇'▇; "Level IV Pricing Period" shall mean any ▇▇▇▇▇▇ during which Index Debt shall be rated (i) BBB- or better by S&P and Baa3 by Moody's or (ii) BBB- by S&P and Baa3 or better by ▇▇▇▇▇'▇; and "Level V Pricing Period" shall mean a▇▇ ▇▇▇▇od that is not a Level I Pricing Period, a Level II Pricing Period, a Level III Pricing Period or a Level IV Pricing Period, including any period during which Index Debt shall be unrated by either S&P or Moody's. "Pricing Period" shall mean a Level I Pricin▇ ▇eriod, a Level II Pricing Period, a Level III Pricing Period, a Level IV Pricing Period or a Level V Pricing Period.

Pricing Periods. The Parties are modifying the Pricing Periods for the models set forth in Table 1 below. The Parties will reconvene in 2028 to negotiate pricing beyond 2030. 737NG/MAX all Derivatives, including P8 12/31/2030 767 all Derivatives except 767-2C 12/31/2030 777 Freighters 12/31/2030 777X all Derivatives 12/31/2030 4. 737 Pricing for Various Production Rates. 737 Prices, to be documented in SBP Attachment 1, will be discounted or increased depending upon the monthly production rate, per Table 2, below. The 737 P-8 will be used to calculate 737 production rates; however, the production rate-based discounts or increased pricing specified in Table 2 below do not apply to the 737 P-8 Products. In addition, the production rate-based discounts or increased pricing specified in Table 2 below do not apply to the 737 MAX Composite Inner Wall (CIW; reference Sustaining SBP Attachment 1D), which is included within the 737 MAX Thrust Reverser Prices listed in Sustaining SBP Attachment 1 Exhibit B.1. Sustaining SBP Attachment 15 will be amended to incorporate a maximum production rate of [*****] APM (with mutually agreed minor model mix).

Pricing Periods. 47 ARTICLE V

Pricing Periods. Notwithstanding any other provision of this Agreement, in the event that a Pricing Period comes into effect which would require a downward adjustment to the rates applicable to any Borrowings outstanding by way of Bankers' Acceptances, Letters of Credit, COF Loans and/or LIBOR Loans such rates shall not be adjusted downward prior to: (a) in the case of Bankers' Acceptances, the applicable B/A Maturity Date; (b) in the case of Letters of Credit, the applicable expiry date; (c) in the case of Libor Loans, the end of the applicable Libor Interest Period; and (d) in the case of COF Loans, the end of the applicable COF Interest Period. and in any event no rates shall be adjusted downward until such time as the Canadian Borrower notifies the Canadian Administrative Agent and a U.S. Borrower notifies the U.S. Administrative Agent in writing that a Pricing Period which would require a downward adjustment to the applicable rates has come into effect.

Pricing Periods. (a) Subject to paragraph (b) below, "Level I Pricing Period" shall mean any period during which Index Debt shall be rated A- or better by S&P and A3 or better by Mood▇'▇; "▇evel II Pricing Period" shall mean any period during which Index Debt shall be rated (i) BBB+ or better by S&P and Baa1 by Mood▇'▇ ▇▇ (ii) BBB+ by S&P and Baa1 or better by Mood▇'▇; "▇evel III Pricing Period" shall mean any period during which Index Debt

Pricing Periods. Pricing Periods shall be one calendar year in length, and begin on the date of this agreement. Sixty (60) days prior to the end of each Pricing Period, VEL and SCO shall review the pricing for the next Pricing Period, which will be for one (1) year. If VEL and SCO do not agree on the price to be effective during any Pricing Period, then this Agreement shall terminate at the expiration of the then-current Pricing Period after receipt of items ordered but not yet shipped.

Pricing Periods. Each Level I Pricing Period, Level II Pricing Period, Level III Pricing Period or Level IV Pricing Period (each a "Pricing Period") shall commence on (and include) the date that is the first day of the third month following the end of each fiscal quarter of the Borrower and shall terminate on the day before the beginning of the next Pricing Period. Notwithstanding the foregoing, in the event the Borrower has failed to deliver any Required Financial Information when due in accordance with Section 6.01, a Level IV Pricing Period shall be deemed to be in effect beginning as of the first day of the third month following the end of the fiscal quarter for which any Required Financial Information was not timely delivered and such Level IV Pricing Period shall remain effective until a fiscal quarter in which Borrower has delivered the Required Financial Information when due in accordance with Section 6.01, and then the applicable Pricing Period as determined pursuant hereto with reference to the Required Financial Information shall become effective on the date determined above. Interest on Revolving Loans shall be payable in arrears on each applicable Interest Payment Date (and at such other times as may be specified herein)."

Pricing Periods. The purchase and sale of Shares and Warrants hereunder shall be consummated, on or before December 31, 1997, in one or more Pricing Periods, each of which shall be governed by the terms and conditions of this Agreement and the Pricing Period Confirmation executed by the Company and the Investor with respect to such Pricing Period. The Closing Date may be any date on or after the date of delivery to the Investor of the Pricing Period Confirmation or, if such day is not an Exchange Business Day, the immediately succeeding Exchange Business Day. The number of Exchange Business Days in any one Pricing Period shall not exceed 21. The Targeted Purchase Amount for any Pricing Period shall not be less than $1,000,000 or more than the lesser of the $2,500,000 and the Remaining Purchase Amount. The Pricing Period Confirmation shall be deemed delivered on any date in which it is actually received by the Investor prior to 1:00 p.m. New York City time. Any Pricing Period Confirmation received after such time shall be deemed delivered on the next succeeding Exchange Business Day. Receipt of a Pricing Period Confirmation executed by the Company shall obligate the Investor to purchase a Targeted Purchase Amount of at least $1,000,000 with a Closing Date three Exchange Business Days after the date of delivery of the Pricing Period Confirmation and a Pricing Period of 21 Exchange Business Days. Written acknowledgment and agreement of the Investor on the Pricing Period Confirmation shall be required for any Pricing Period Confirmation terms which differ. The Company shall not submit a Pricing Period Confirmation which would have the effect of causing more than one Pricing Period to be in effect at the same time.