Common use of Substitution of Aircraft Clause in Contracts

Substitution of Aircraft. Should Client wish to substitute the Aircraft with a new or different aircraft for purposes of this Agreement, the Agreement will continue, at the election of Client, with the substitute aircraft once Client has provided Savvy with the needed information on the substitute aircraft so that Savvy may carry out its obligations under the Agreement. The type of substitute Aircraft may require an upward or downward adjustment to the Fee under this Agreement, prorated according to the time remaining in the term of the Agreement. Such and adjustment shall be required if the replacement aircraft has a different Base Fee, or in the case of the SavvyMx service, if the annual inspection due date for the replacement aircraft is such that Savvy would be required to manage more than one annual inspection during the one-year term of this Agreement.

Substitution of Aircraft. Should Client wish to substitute the Aircraft with a new or different aircraft for purposes of this Agreement, the Agreement will continue, at the election of Client, with the substitute aircraft once Client has provided Savvy with the needed information on the substitute aircraft so that Savvy may carry out its obligations under the Agreement. The type of substitute Aircraft aircraft may require an upward or downward adjustment to the Fee under this Agreement, prorated according to the time remaining in the term of the Agreement. Such and an adjustment shall be required if the replacement aircraft has a different Base Fee, or in the case of the SavvyMx servicePlan, if the annual inspection due date for the replacement aircraft is such that Savvy would be required to manage more than one annual inspection during the one-year term of this Agreement.