Seller Service Life Policy. 12.2.1 In addition to the warranties set forth in Clause 12.1, the Seller further agrees that should any item listed in Exhibit “F” (“Item”) sustain any breakage or defect which can reasonably be expected to occur on a fleetwide basis, and which materially impairs the utility of the Item (“Failure”), and subject to the general conditions and limitations set forth in Clause 12.2.4, then the provisions of this Clause 12.2 (“Seller Service Life Policy”) shall apply.
Appears in 2 contracts
Samples: Purchase Agreement (Latam Airlines Group S.A.), Participation Agreement (AerCap Holdings N.V.)
Seller Service Life Policy. 12.2.1 In addition to the warranties set forth in Clause 12.1, the Seller further agrees that should any item listed in Exhibit “F” (“"Item”") sustain any breakage or defect which can reasonably be expected to occur on a fleetwide basis, and which materially impairs the utility of the Item (“"Failure”"), and subject to the general conditions and limitations set forth in Clause 12.2.4, then the provisions of this Clause 12.2 (“Seller Service Life Policy”) shall apply.
Appears in 2 contracts
Samples: Letter Agreement (China Southern Airlines Co LTD), Letter Agreement (China Southern Airlines Co LTD)
Seller Service Life Policy. 12.2.1 In addition to the warranties set forth in Clause 12.1, the Seller further agrees that should any item listed in Exhibit “"F” " (“Item”"ITEM") sustain any breakage or defect which can reasonably be expected to occur on a fleetwide basis, and which materially impairs the utility of the Item (“Failure”"FAILURE"), and subject to the general conditions and limitations set forth in Clause 12.2.4, then the provisions of this Clause 12.2 (“Seller Service Life Policy”"SELLER SERVICE LIFE POLICY") shall apply.
Appears in 2 contracts
Samples: Letter Agreement (China Eastern Airlines Corp LTD), A330 Purchase Agreement (China Eastern Airlines Corp LTD)
Seller Service Life Policy. 12.2.1 In addition to the warranties set forth in Clause 12.1, the Seller further agrees that should any item listed in Exhibit “”F” (“Item”) sustain any breakage or defect which can reasonably be expected to occur on a fleetwide basis, and which materially impairs the utility of the Item (“Failure”), and subject to the general conditions and limitations set forth in Clause 12.2.4, then the provisions of this Clause 12.2 (“Seller Service Life Policy”) shall apply.
Appears in 1 contract
Seller Service Life Policy. 12.2.1 In addition to the warranties set forth in Clause 12.1, the Seller further agrees that should any item listed in Exhibit “"F” " (“Item”"ITEM") sustain any breakage or defect which can reasonably be expected to occur on a fleetwide basis, and which materially impairs the utility of the Item Item. (“Failure”"FAILURE"), and subject to the general conditions and limitations set forth in Clause 12.2.4, then the provisions of this Clause 12.2 (“Seller Service Life Policy”"SELLER SERVICE LIFE POLICY") shall apply.
Appears in 1 contract
Samples: Letter Agreement (Tam S.A.)
Seller Service Life Policy. 12.2.1 In addition to the warranties set forth in Clause 12.1, the Seller further agrees that should any item listed in Exhibit “F” (“Item”) ), sustain any breakage or defect which can reasonably be expected to occur on a fleetwide basisdefect, and which materially impairs the utility of the Item (“Failure”), and subject to the general conditions and limitations set forth in Clause 12.2.4, then the provisions of this Clause 12.2 (“Seller Service Life Policy”) shall apply.
Appears in 1 contract
Samples: Letter Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)
Seller Service Life Policy. 12.2.1 In addition to the warranties set forth in Clause 12.1, the Seller further agrees that should any item listed in Exhibit “"F” " (“Item”"ITEM") sustain any breakage or defect which can reasonably be expected to occur on a fleetwide basis, and which materially impairs the utility of the Item (“Failure”"FAILURE"), and subject to the general conditions and limitations set forth in Clause 12.2.4, then the provisions of this Clause 12.2 (“Seller Service Life Policy”"SELLER SERVICE LIFE POLICY") shall apply.
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