Termination for Default under other Agreements. If the Buyer or any of its Affiliates fails to perform or comply with any material obligation expressed to be assumed by it in any other agreement between the Buyer or any of its Affiliates and the Seller or any of its Affiliates and such failure is not remedied *** after the Seller has given notice thereof to the Buyer, then the Seller may, by written notice, terminate all or part of this Agreement.
Appears in 2 contracts
Samples: Purchase Agreement (China Southern Airlines Co LTD), Purchase Agreement (China Southern Airlines Co LTD)
Termination for Default under other Agreements. If the Buyer or any of its Affiliates fails to perform or comply with any material obligation expressed to be assumed by it in any other agreement between the Buyer or any of its Affiliates and the Seller or any subsidiary, associate or Affiliate of its Affiliates the Seller and such failure is not remedied *** after the Seller has given notice thereof to the Buyer, then the Seller may, by written notice, terminate all or part of this Agreement.
Appears in 2 contracts
Samples: A319/A320 Purchase Agreement (China Southern Airlines Co LTD), A319/A320 Purchase Agreement (China Southern Airlines Co LTD)
Termination for Default under other Agreements. If the Buyer or any of its Affiliates fails to perform or comply with any material obligation expressed to be assumed by it in any other agreement between the Buyer or any of its Affiliates and the Seller or any of its Affiliates and such failure is not remedied [*** *] after the Seller has given notice thereof to the Buyer, then the Seller may, by written notice, terminate all or part of this Agreement.. CSN - A350XWB - Clause 20 Privileged and Confidential
Appears in 1 contract
Samples: Purchase Agreement (China Southern Airlines Co LTD)
Termination for Default under other Agreements. If the Buyer or any of its Affiliates fails to perform or comply with any material payment obligation in excess of ***** US Dollar (USD *****), expressed to be assumed by it in any other agreement Other Agreement between the Buyer or any of its Affiliates and the Seller or any of its Affiliates and such failure is not remedied within ***** after the Seller has given notice thereof to the Buyer, then the Seller may, by written notice, terminate all or part of this Agreement.
Appears in 1 contract
Samples: Purchase Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)
Termination for Default under other Agreements. If the Buyer or any of its Affiliates fails to perform or comply with any material obligation expressed to be assumed by it in any other agreement between the Buyer or any of its Affiliates and the Seller or any of its Affiliates and such failure is not remedied [*** after the Seller has given notice thereof to the Buyer***], then the Seller may, by written notice, terminate all or part of this Agreement.
Appears in 1 contract
Samples: Purchase Agreement (Azul Sa)
