Common use of Program Term Clause in Contracts

Program Term. The Program shall begin on the first day of the first calendar month that begins [*] first Covered Aircraft is delivered by Boeing to Customer, continue for [*] consecutive years thereafter (Program Term) and consist of [*] periods beginning on the date the Program Term commences (Reporting Period(s)).

Appears in 4 contracts

Samples: Letter Agreement (Avianca Holdings S.A.), Letter Agreement (Avianca Holdings S.A.), Letter Agreement (Avianca Holdings S.A.)

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Program Term. The Program shall begin on the first day of the first calendar month that begins [*] in which the first Covered Aircraft is delivered by Boeing to Customer, continue for [*[ * ] consecutive years thereafter (Program Term) and consist of [*[ * ] periods beginning on the date the Program Term commences and thereafter on the yearly anniversary thereof (Reporting Period(sREPORTING PERIOD(S)).

Appears in 1 contract

Samples: Letter Agreement (Atlas Air Worldwide Holdings Inc)

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