Common use of RECONFIRMABLE AIRCRAFT Clause in Contracts

RECONFIRMABLE AIRCRAFT. In order to provide the Buyer with flexibility to meet its future fleet mix requirements, the Seller grants the Buyer the right to reconfirm its order for each and any Reconfirmable Aircraft. The Buyer will notify the Seller in writing by no later than *** (***) *** before the scheduled month of delivery of a Reconfirmable Aircraft as to whether it reconfirms the order for the applicable Reconfirmable Aircraft. In respect of Reconfirmable Aircraft for which the Buyer does not reconfirm its order, ***. Upon such nonreconfirmation, the Buyer's rights with respect to the Reconfirmable Aircraft that was not reconfirmed will expire and the parties will have no further obligations to one another with respect to such Reconfirmable Aircraft.

Appears in 1 contract

Samples: Letter Agreement (Us Airways Inc)

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RECONFIRMABLE AIRCRAFT. In order to provide the Buyer with flexibility to meet its future fleet mix requirements, the Seller grants the Buyer the right to reconfirm its order for each and any Reconfirmable Aircraft. The Buyer will notify the Seller in writing by no later than *** (***) *** before the scheduled month of delivery of a Reconfirmable Aircraft as to whether it reconfirms the order for the applicable Reconfirmable Aircraft. Upon reconfirmation of a Reconfirmable Aircraft by the Buyer, such Reconfirmable Aircraft will be considered Firm Aircraft for all purposes under the Agreement. In respect of Reconfirmable Aircraft for which the Buyer does not reconfirm its order, ***. Upon such nonreconfirmation, the Buyer's rights with respect to the Reconfirmable Aircraft that was not reconfirmed will expire and the parties will have no further obligations to one another with respect to such Reconfirmable Aircraft.

Appears in 1 contract

Samples: Letter Agreement (Us Airways Inc)

RECONFIRMABLE AIRCRAFT. In order to provide the Buyer with flexibility to meet its future fleet mix requirements, the Seller grants the Buyer the right to reconfirm its order for each and any Reconfirmable Aircraft. The Buyer will notify the Seller in writing by no later than *** (***) *** before the scheduled month of delivery of a Reconfirmable Aircraft as to whether it reconfirms the order for the applicable Reconfirmable Aircraft. In respect Upon reconfirmation of a Reconfirmable Aircraft by the Buyer, such Reconfirmable Aircraft will be considered Firm Aircraft for which all purposes under the Buyer does not reconfirm its order, Agreement. ***. * Upon such nonreconfirmation, the Buyer's rights with respect to the Reconfirmable Aircraft that was not reconfirmed will expire and the parties will have no further obligations to one another with respect to such Reconfirmable Aircraft.

Appears in 1 contract

Samples: Letter Agreement (Us Airways Inc)

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RECONFIRMABLE AIRCRAFT. In order to provide the Buyer with flexibility to meet its future fleet mix requirements, the Seller grants the Buyer the right to reconfirm its order for each and any Reconfirmable Aircraft. The Buyer will notify the Seller in writing by no later than *** (**** ) *** before the scheduled month of delivery of a Reconfirmable Aircraft as to whether it reconfirms the order for the applicable Reconfirmable Aircraft. In respect of Reconfirmable Aircraft for which the Buyer does not reconfirm its order, ***. * Upon such nonreconfirmation, the Buyer's rights with respect to the Reconfirmable Aircraft that was not reconfirmed will expire and the parties will have no further obligations to one another with respect to such Reconfirmable Aircraft.

Appears in 1 contract

Samples: Letter Agreement (Us Airways Inc)

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