Common use of Propulsion Systems Base Price Clause in Contracts

Propulsion Systems Base Price. The base price of the Propulsion Systems (the “Propulsion Systems Base Price”) shall be, as applicable pursuant to Clauses 3.1.2.1 or 3.1.2.2, the base price of the Propulsion Systems selected by the Buyer. 3.1.2.1 The base price of a set of two (2) CFM INTERNATIONAL Propulsion Systems is [xxx] at economic conditions prevailing for a theoretical delivery in xxx Appendix 2 to Amendment 5 Exhibit A BASIC PRICES OF [xxx] Such base prices have been computed from the relevant reference prices of the propulsion systems (the “Propulsion Systems Reference Price”) as defined in Exhibit B of Appendix 3 to this Amendment No 5; [xxx] The CFM International Propulsion Systems Reference Prices have been established in accordance with the delivery conditions prevailing in [xxx] at Reference Composite Price Index of [xxx] and shall be subject to revision up to the Delivery Date of each Aircraft [xxx] in accordance with the CFM INTERNATIONAL Price Revision Formula set out in Exhibit B of Appendix 3 to Amendment No.5. 3.1.2.2 The base price for a set of two (2) IAE Propulsion Systems is: [xxx] at economic conditions prevailing for a theoretical delivery in [xxx] . Such base prices have been computed from the relevant reference prices of the propulsion systems (the “Propulsion Systems Reference Price”) as defined in Exhibit C of Appendix 3 to this Amendment No 5: [xxx] The INTERNATIONAL AERO ENGINES Propulsion Systems Reference Prices are expressed at theoretical delivery conditions prevailing in [xxx] and shall be subject to revision up to the Delivery Date of each Aircraft [xxx] Delivery Date in accordance with the INTERNATIONAL AERO ENGINES Price Revision Formula set out in Clause 4.3 (as inserted by Exhibit C of Appendix 3 to Amendment No.5). 3.1.2.3 Seller confirms that the above-mentioned quotations as well as Propulsion Systems Manufacturer Price Revision Formulae (as set out in Clauses 4.2 and 4.3, as inserted by Exhibits B and C of Appendix 3 to Amendment No.5) are based upon information received from the respective Propulsion Systems Manufacturer and remain subject to any modification that might be imposed by the Propulsion Systems Manufacturer on the Seller. [xxx] Appendix 2 to Amendment 5 Exhibit A BASIC PRICES OF [xxx]

Appears in 1 contract

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

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Propulsion Systems Base Price. “[* * *]” This information is subject to confidential treatment and has been omitted and filed separately with the commission. A320F- LAN- AMDT 13- Second A320 Family PA Ref: XX0000000 8/15 The base price of the Propulsion Systems (the “Propulsion Systems Base Price”Pricen) shall be, as applicable pursuant to Clauses 3.1.2.1 or 3.1.2.2, the base price of the Propulsion Systems selected by the Buyer. 3.1.2.1 The base price of a set of two (2) CFM INTERNATIONAL Propulsion Systems is CFM56 5B3/3: USD [xxx* * *] for A321 Aircraft Rank 72 at economic conditions prevailing for a theoretical delivery in xxx Appendix 2 to Amendment 5 Exhibit A BASIC PRICES OF [xxx] January 2008. Such base prices have price has been computed from the relevant reference prices of the propulsion systems reference price (the “Propulsion Systems System Reference Price”) as defined in Exhibit B of Appendix 3 to this Amendment No 5; No.9 for 2010 A321 Aircraft and equal to: CFM56 583/3: USD [xxx* * *] for Aircraft Rank 72 The CFM International INTERNATIONAL Propulsion Systems Reference Prices have Price has been established in accordance with the delivery conditions prevailing in [xxx* * *] at Reference Composite Price Index of [xxx* * *] and shall be subject to revision up to the Delivery Date of each the Aircraft [xxx] Rank 72 in accordance with the CFM INTERNATIONAL Price Revision Formula set out in Exhibit B of Appendix 3 to of Amendment No.5No.9. 3.1.2.2 The base price for a set of two (2) IAE Propulsion Systems is: IAE V2533-A5 USD [xxx* * *] for A32iAircraft Rank 72 at economic conditions prevailing for a theoretical delivery in [xxx] * * *]. Such base prices have price has been computed from the relevant reference prices of the propulsion systems reference price (the “Propulsion Systems System Reference Price”) as defined in Exhibit C of Appendix 3 to this Amendment No 5No. 9 for 2010 A321 Aircraft and equal to: IAE V2533-A5 USD [xxx* * *] for A321 Aircraft Rank 72 The INTERNATIONAL AERO ENGINES Propulsion Systems Reference Prices are Price is expressed at theoretical delivery conditions prevailing in [xxx* * *] and shall be subject to revision up to the Delivery Date of each Aircraft [xxx] Delivery Date Rank 72 in accordance with the INTERNATIONAL AERO ENGINES Price Revision Formula set out in Clause 4.3 (as inserted by Exhibit C of Appendix 3 to Amendment No.5)No.9. 3.1.2.3 Seller confirms that the above-mentioned quotations as well as Propulsion Systems Manufacturer Price Revision Formulae (as set out in Clauses 4.2 and 4.3, as inserted by Exhibits B and C of Appendix 3 to Amendment No.5No.9) are based upon information received from the respective Propulsion Systems Manufacturer and remain subject to any modification that might be imposed by the Propulsion Systems Manufacturer on the Seller. The Seller “[xxx] Appendix 2 * * *]” This information is subject to Amendment 5 Exhibit A BASIC PRICES OF [xxx]confidential treatment and has been omitted and filed separately with the commission. A320F- LAN- AMDT 13- Second A320 Family PA Ref: XX0000000 9/15 hereby confirms that the said formulae shall have same effect and result as the corresponding formulae provided by the Propulsion Systems Manufacturer to the Seller and that such formulae do not in any way prevent from the Buyer agreeing on a different formula with such Propulsion Systems Manufacturer. The Seller agrees to notify the Buyer within a reasonable leadtime of any modification on the standard Propulsion Systems Manufacturer Price Revision Formulae from the Propulsion Systems Manufacturer.

Appears in 1 contract

Samples: Second A320 Family Purchase Agreement (Latam Airlines Group S.A.)

Propulsion Systems Base Price. The base price of the Propulsion Systems (the “Propulsion Systems Base Price”) shall be, as applicable pursuant to Clauses 3.1.2.1 or 3.1.2.2, the base price of the Propulsion Systems selected by the Buyer. 3.1.2.1 The base price of a set of two (2) CFM INTERNATIONAL Propulsion Systems is [xxx] at economic conditions prevailing for a theoretical delivery in xxx January 2008. Appendix 2 to Amendment 5 Exhibit A B BASIC PRICES OF [xxxOF[xxx] Such base prices have been computed from the relevant propulsion systems’ reference prices of the propulsion systems (the “Propulsion Systems Reference Price”) as defined in Exhibit B E of Appendix 3 to this Amendment No 5; . [xxx] The CFM International INTERNATIONAL Propulsion Systems Reference Prices have been established in accordance with the delivery conditions prevailing in [xxx] at Reference Composite Price Index of [xxx] and shall be subject to revision up to the Delivery Date of each Aircraft of [xxx] in accordance with the CFM INTERNATIONAL Price Revision Formula set out in Exhibit B E of Appendix 3 to of Amendment No.5. 3.1.2.2 The base price for a set of two (2) IAE Propulsion Systems is: [xxx] at economic conditions prevailing for a theoretical delivery in [xxx] January 2008. Such base prices have been computed from the relevant Reference Prices of propulsion systems’ reference prices of the propulsion systems (the “Propulsion Systems Reference Price”) as defined in Exhibit C F of Appendix 3 to this Amendment No 5. : [xxx] The INTERNATIONAL AERO ENGINES Propulsion Systems Reference Prices are expressed at theoretical delivery conditions prevailing in [xxx] and shall be subject to revision up to the Delivery Date of each Aircraft [xxx] Delivery Date in accordance with the INTERNATIONAL AERO ENGINES Price Revision Formula set out in Clause 4.3 (as inserted by Exhibit C F of Appendix 3 to Amendment No.5). 3.1.2.3 Seller confirms that the above-mentioned quotations as well as Propulsion Systems Manufacturer Price Revision Formulae (as set out in Clauses 4.2 and 4.3, as inserted by Exhibits B E and C F of Appendix 3 to Amendment No.5) are based upon information received from the respective Propulsion Systems Manufacturer and remain subject to any modification that might be imposed by the Propulsion Systems Manufacturer on the Seller. [xxx] Appendix 2 to Amendment 5 Exhibit A B BASIC PRICES OF [xxx]

Appears in 1 contract

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

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Propulsion Systems Base Price. The base price of the Propulsion Systems (the “Propulsion Systems Base Price”) shall be, as applicable pursuant to Clauses 3.1.2.1 or 3.1.2.2, the base price of the Propulsion Systems selected by the Buyer. 3.1.2.1 The base price of a set of two (2) CFM INTERNATIONAL Propulsion Systems is [xxx***] at economic conditions prevailing for a theoretical delivery in xxx Appendix 2 to Amendment 5 Exhibit A BASIC PRICES OF [xxx] ***]. Such base prices have been computed from the relevant propulsion systems’ reference prices of the propulsion systems (the “Propulsion Systems Reference Price”) as defined in Exhibit B of Appendix 3 to this Amendment No 5; 9. [xxx***] The CFM International INTERNATIONAL Propulsion Systems Reference Prices have been established in accordance with the delivery conditions prevailing in [xxx] January 2002 at Reference Composite Price Index of [xxx] 148.84 and shall be subject to revision up to the Delivery Date of each 2010 Incremental Aircraft [xxx] in accordance with the CFM INTERNATIONAL Price Revision Formula set out in Exhibit B of Appendix 3 to of Amendment No.5No.9. 3.1.2.2 The base price for a set of two (2) IAE Propulsion Systems is: [xxx***] at economic conditions prevailing for a theoretical delivery in [xxx] ***]. Such base prices have been computed from the relevant Reference Prices of propulsion systems’ reference prices of the propulsion systems (the “Propulsion Systems Reference Price”) as defined in Exhibit C of Appendix 3 to this Amendment No 59. : [xxx***] A320F - LAN - AMDT 9 - Second A320 Family PA Ref. CT1003496 The INTERNATIONAL AERO ENGINES Propulsion Systems Reference Prices are expressed at theoretical delivery conditions prevailing in [xxx] January 2006 and shall be subject to revision up to the Delivery Date of each 2010 Incremental Aircraft [xxx] Delivery Date in accordance with the INTERNATIONAL AERO ENGINES Price Revision Formula set out in Clause 4.3 (as inserted by Exhibit C of Appendix 3 to Amendment No.5)No.9. 3.1.2.3 Seller confirms that the above-mentioned quotations as well as Propulsion Systems Manufacturer Price Revision Formulae (as set out in Clauses 4.2 and 4.3, as inserted by Exhibits B and C of Appendix 3 to Amendment No.5No.9) are based upon information received from the respective Propulsion Systems Manufacturer and remain subject to any modification that might be imposed by the Propulsion Systems Manufacturer on the Seller. [xxx] Appendix 2 to Amendment 5 Exhibit A BASIC PRICES OF [xxx***].

Appears in 1 contract

Samples: A320 Family Purchase Agreement (Lan Airlines SA)

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