Service Life Policy. If a Failure occurs in any Covered Component within the following periods, Boeing will promptly, at a price calculated pursuant to this Policy, either (i) design and furnish to Buyer materials required to correct the Failed Component (excluding industry standard parts) or (ii) furnish to Buyer a replacement Covered Component:
2.1 As to any Airframe Component or Landing Gear Component, within 12 years after delivery of the Aircraft in which such component was initially installed; or
2.2 As to any Spare Component, within 12 years after delivery of such Spare Component, or within 12 years after delivery by Boeing of the last new Model 737 aircraft to Buyer, whichever first expires.
Service Life Policy. In addition to the warranties set forth in Clause 1 (Seller’s Warranty) and Clause 2.1.2 above, Seller further agrees that should a Failure occur, in any of the Items listed in Exhibit A to this Appendix D, and subject to the general conditions and limitations set forth in Clause 4.4 below, then the provisions of this Clause 4 shall apply. [*****] Confidential material redacted and filed separately with the Securities and Exchange Commission.
4.1 For the purpose of this Clause 4, the following definitions shall apply:
Service Life Policy. In addition to the warranties set forth in sub-Clause 12.1 above, the Seller further agrees that should a Failure occur in any Item, then, subject to the general conditions and limitations set forth in sub-Clause 12.2.4 below, the provisions of this sub-Clause 12.2 will apply.
Service Life Policy. 6.1 With respect to sub-Clause 12.2.2 of the AGTA, if a Failure occurs in an Item before the Aircraft in which such Item has been originally installed has completed *** after the Delivery or the relevant Aircraft to the Buyer, whichever shall first occur, then the Seller shall comply with the undertakings defined in such sub-Clause 12.2.2.
6.2 With respect to Sub-Clause 12.2.2.3, N shall be (i) ***
Service Life Policy. 3.1 The Service Life Policy period specified in Subclause 12.2.2 of the Agreement ***.
3.2 The Service Life Policy formula specified in Subclause 12.2.3 of the Agreement *** ***
Service Life Policy. The provisions in Clause 12.2.2 of the Agreement are deleted in their entirety and replaced with the following text between the QUOTE and UNQUOTE: QUOTE ** ** **
Service Life Policy. Boeing and Buyer agree that Exhibit B, Part C, paragraph 2 is hereby revised to read as follows:
Service Life Policy. If a Failure occurs in any Covered Component within the following periods, Boeing will promptly, at a price calculated pursuant to this Policy, either (i) design and furnish to Buyer materials required to correct the Failed Component (including Boeing designed P.A. No. 1947 K/WPA Western Pacific Airlines, Inc. 6-1162-JDR-400 Page 7 standard parts but excluding other industry standard parts) or (ii) furnish to Buyer a replacement Covered Component:
Service Life Policy. Embraer shall provide a service life policy for the Aircraft pursuant to the terms and conditions of Schedule ** to this Agreement.
