Engine Price Adjustment definition

Engine Price Adjustment means the adjustment to the Engine Price determined in accordance with the formula set forth in Supplemental ▇▇▇▇▇▇▇ ▇▇▇ to the Purchase Agreement.
View Source
Engine Price Adjustment herein) shall be determined at the time of Block C and Block D "B" Market Aircraft delivery in accordance with the following formula:
View Source
Engine Price Adjustment herein) shall be determined at the time of Block B "A" Market Aircraft delivery in accordance with the following formula: Pa = (P) (AA + BB + CC) - P
View Source

Examples of Engine Price Adjustment in a sentence

  • Such values will be considered final and no Engine Price Adjustment will be made after Aircraft delivery for any subsequent changes in published Index values.

  • The Engine Price Adjustment will not be made if it would result in a decrease in the Engine Base Price.

  • Such values will be considered final and no Engine Price Adjustment will be made after Aircraft delivery for any subsequent changes in published index values.

  • A credit memorandum or supplemental invoice will be issued for the Engine Price Adjustment difference.

  • The Engine Price Adjustment will not be made if it would result in a decrease in the Engine Price.

  • If prior to delivery of an Aircraft, the U.S. Department of Labor, Bureau of Labor Statistics changes the base year for determination of the L or ICI values as defined above, such rebase values will be incorporated in the Engine Price Adjustment calculation.

  • However, if within 24 months from delivery of the Aircraft, the U.S. Department of Labor, Bureau of Labor Statistics should resume releasing values for the months needed to determine the Engine Price Adjustment, such values will be used to determine the increase or decrease in the Engine Price Adjustment determined at the time of delivery of such Aircraft.

  • The adjustment in Engine Price applicable to each Aircraft (Engine Price Adjustment) will be determined at the time of Aircraft delivery in accordance with the following formula: Pa = (P) (L + M) - P Where: Pa = Engine Price Adjustment.

  • The adjustment in Engine Price applicable to each Aircraft (Engine Price Adjustment) will be determined at the time of Aircraft delivery in accordance with the following formula: Pe = [(Pb+F) x (CPI / CPIb)] - Pb where CPLb is the Engine Escalation Base Year Index as set forth in Table 1 of the Purchase Agreement.

  • However, if within twenty-four (24) months after delivery of the Aircraft, the Bureau of Labor Statistics should resume releasing values for the months needed to determine the Engine Price Adjustment; such values will be used to determine any increase or decrease in the Engine Price Adjustment for the Engine from that determined at the time of delivery of the Aircraft.