Common use of Upon exercise Clause in Contracts

Upon exercise. of Buyer's rights to purchase in accordance with this Letter Agreement, the parties shall amend the Agreement or enter into an additional purchase agreement in order to give effect to the purchase of Option Aircraft in accordance with the terms and conditions thereof.

Appears in 7 contracts

Samples: Purchase Agreement (Atlantic Coast Airlines Holdings Inc), Purchase Agreement (Midway Airlines Corp), Purchase Agreement (Atlantic Coast Airlines Holdings Inc)

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Upon exercise. of Buyer's rights to purchase in accordance with this Letter Agreement, the parties shall amend the Agreement or enter into an additional purchase agreement in order to give effect to the purchase of Option Aircraft [***] in accordance with the terms and conditions thereof.

Appears in 2 contracts

Samples: Purchase Agreement (Midway Airlines Corp), Purchase Agreement (Midway Airlines Corp)

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Upon exercise. of Buyer's rights to purchase in accordance with this Letter Agreement, the parties shall amend the Agreement or enter into an additional purchase agreement in order to give effect to the purchase of Option Aircraft or Additional Option Aircraft in accordance with the terms and conditions thereofhereof.

Appears in 1 contract

Samples: Purchase Agreement (Atlantic Coast Airlines Holdings Inc)

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