Common use of Termination on Excusable Delay Clause in Contracts

Termination on Excusable Delay. If the Delivery of any Aircraft is delayed as a result of an Excusable Delay for a period of more than ***** after the last day of the Scheduled Delivery Month then either party may terminate this Agreement with respect to the Aircraft so affected by giving written notice to the other party ***** after the ***** provided that the Buyer shall not be entitled to terminate this Agreement pursuant to this Clause if the Excusable Delay results from a cause within its control.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Frontier Group Holdings, Inc.)

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Termination on Excusable Delay. If the any Delivery of any Aircraft is delayed as a result of an one or more Excusable Delay Delays for a period of more than [...***** ...] after the last day of the Scheduled Delivery Month Month, then either party may terminate this Agreement with respect to the Aircraft so affected Aircraft, by giving written notice to the other party within thirty (30) days after the expiration of such [...***** after ...] period and following such termination, the parties shall have no further rights or obligations with respect to such affected Aircraft [...***** provided that the Buyer shall not be entitled to terminate this Agreement pursuant to this Clause if the Excusable Delay results from a cause within its control....

Appears in 1 contract

Samples: Purchase Agreement (Hawaiian Holdings Inc)

Termination on Excusable Delay. 10.3.1 If the any Delivery of any Aircraft is delayed as a result of an Excusable Delay for a period of more than [...***** ...] after the last day of the Scheduled Delivery Month Month, then either party may terminate this Agreement with respect to the Aircraft so affected Aircraft, by giving written notice to the other party [...***** ...] after the expiration of such [...***** provided that the Buyer shall not be entitled to terminate this Agreement pursuant to this Clause if the Excusable Delay results from a cause within its control....

Appears in 1 contract

Samples: Airbus A350 Purchase Agreement (Us Airways Group Inc)

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Termination on Excusable Delay. If the any Delivery of any Aircraft is delayed as a result of an one or more Excusable Delay Delays for a period of more than […***** …] after the last day of the Scheduled Delivery Month Month, then either party may terminate this Agreement with respect to the Aircraft so affected Aircraft, by giving written notice to the other party within […***** …] after the expiration of such […***…] period and following such termination, the parties shall have no further rights or obligations with respect to such affected Aircraft […***…] HAL — X000 XX0-00 XXX X000 XX - XX0 Miscellaneous *** provided that the Buyer shall not be entitled to terminate this Agreement pursuant to this Clause if the Excusable Delay results from a cause within its control.Confidential Treatment Requested

Appears in 1 contract

Samples: Purchase Agreement (Hawaiian Holdings Inc)

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