Examples of Scheduled Delivery Month in a sentence
If the Manufacturer shall have notified Lessor (in which case Lessor shall promptly inform Lessee of such notice) that the Delivery will be delayed beyond the Scheduled Delivery Month or that the Aircraft will not be delivered, either party may terminate the Lease by delivering notice to the other within thirty (30) days following receipt of such notice from the Manufacturer.
The Buyer will supply the BFE Data to the Seller at least ***** prior to the Scheduled Delivery Month of the first Aircraft.
If, as a result of an Inexcusable Delay, the Delivery does not occur within ***** of the Delivery Period the Buyer will have the right, exercisable by written notice to the Seller given between *****, to require from the Seller a renegotiation of the Scheduled Delivery Month for the affected Aircraft.
If, as a result of an unforeseen event (Force Majeure) or any other reason (other than Lessor’s willful misconduct, not directly attributable to AAAL or an intentional breach in the performance of its obligations to deliver the Aircraft under and subject to the conditions in the Lease), delivery takes place after the Scheduled Delivery Month or does not happen, Lessee shall be entitled to terminate the Lease or to reject the Aircraft when it is offered for Delivery because of the delay.
Contractual Definition FreezeThe Customization Milestone Chart will in particular specify the date(s) by which the contractual definition of the Aircraft must be finalized and all SCNs need to have been executed by the Buyer (the “ Contractual Definition Freeze” or “CDF”) in order to enable their incorporation into the manufacturing of the Aircraft and Delivery of the Aircraft in the Scheduled Delivery Month.