Common use of Spare Parts Credit Clause in Contracts

Spare Parts Credit. Embraer will provide a spart parts (except for engines, engine related parts and APU), ground support equipment and test equipment credit of [*]. This [*] credit shall be made available to Buyer upon [*]. If for any reason [*], then [*] Buyer shall [*]. The [*] credit with respect to an Aircraft shall only be made available to Buyer in the event there is [*]. If [*] credit is not so made available to Buyer because [*] such credit shall be made available at such time thereafter [*]. Any portion of such credit which remains unused [*] shall be deemed to have been waived by Buyer, and no further compensation shall be due from Embraer to Buyer for such [*] credit(s). Such [*] credit(s) shall be applied [*]."

Spare Parts Credit. Embraer will provide a spart spare parts (except for engines, engine related parts and APU), ground support equipment and test equipment credit of [*]. This [*] credit shall be made available to Buyer upon [*]. If for any reason [*], then [*] Buyer shall [*]. The [*] ]credit with respect to an Aircraft shall only be made available to Buyer in the event there is [*]. If [*] ]credit is not so made available to Buyer because [*] such credit shall be made available at such time thereafter [*]. Any portion of such credit which remains unused [*] shall be deemed to have * Confidential been waived by Buyer, and no further compensation shall be due from Embraer to Buyer for such [*] credit(s). Such [*] credit(s) shall be applied [*]."”

Spare Parts Credit. Embraer will provide a spart spare parts (except for engines, engine related parts and APU), ground support equipment and test equipment credit of [*]. This [*] spare parts credit shall be made available to Buyer upon [*]. If for any reason [*]the Purchase Agreement is terminated in relation to any Aircraft, then [*] Buyer shall pay [*]. The [*] spare parts credit with respect to an Aircraft shall only be made available to Buyer in the event there is [*]. If [*] any such credit is not so made available to Buyer because [*] such credit shall be made available at such time thereafter [*]. Any portion of such credit which remains unused [*] shall be deemed to have been waived by Buyer, and no further compensation shall be due from Embraer to Buyer for such [*] spare parts credit(s). Such [*] spare parts credit(s) shall be applied against [*]."