AIRFRAME PRICE REVISION FORMULA Clause Samples

The Airframe Price Revision Formula clause establishes a method for adjusting the price of an aircraft's airframe based on specific variables, such as changes in material costs, labor rates, or inflation indices. Typically, this clause outlines a mathematical formula or reference indices that determine how and when price adjustments are calculated during the contract period. Its core practical function is to ensure that both parties are protected from significant market fluctuations, providing a fair and predictable mechanism for price changes over time.
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AIRFRAME PRICE REVISION FORMULA 
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AIRFRAME PRICE REVISION FORMULA. The Base Price of each Airframe for each Aircraft shall be revised to the actual Delivery Date of such Aircraft, as applicable, in accordance with the revision formula set forth in the Airframe Price Revision Formula.
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AIRFRAME PRICE REVISION FORMULA. [Three pages have been omitted in accordance with a request for confidential treatment.] AVA - A320 Family PA AMENDED AND RESTATED
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AIRFRAME PRICE REVISION FORMULA. [Three pages have been omitted in accordance with a request for confidential treatment.]
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AIRFRAME PRICE REVISION FORMULA. This information is subject to confidential treatment and has been omitted and filed separately with the Commission. CT0803292 Private & Confidential The Airframe Base Prices defined in sub-Clause 3.1 of this Agreement are subject to adjustment for changes in economic conditions as measured by data obtained from the US Department of Labor, Bureau of Labor Statistics and in accordance with the provisions hereof.
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AIRFRAME PRICE REVISION FORMULA. The Base Price of the A318 Aircraft, the Base Price of the A319 Airframe, the Base Price of the A320 Airframe and the Base Price of the A321 Airframe and of SCNs are quoted in delivery conditions prevailing in ** and are subject to revision up to and including the Delivery Date in accordance with the Airframe Price Revision Formula set forth in Exhibit G-1 to this Agreement
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AIRFRAME PRICE REVISION FORMULA. The Base Price of each of the Airframe of each A320 NEO Family Aircraft will be revised to the actual Delivery Date of such Aircraft in accordance with the revision formula set forth in Exhibit "K" hereto unless otherwise provided in this Agreement.
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AIRFRAME PRICE REVISION FORMULA. 3.1.2.1 For Second Batch Aircraft only, Clause 1.2 of Appendix B to the Purchase Agreement shall be deleted in its entirety and replaced by the following quoted text.
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Related to AIRFRAME PRICE REVISION FORMULA

  • Flexible Work Schedule A flexible work schedule is any schedule that is not a regular, alternate, 9/80, or 4/10 work schedule and where the employee is not scheduled to work more than 40 hours in the "workweek" as defined in Subsections F. and H., below.

  • PRICE REVISION If a price revision index is provided in Article I.5.2, this Article applies to it. Prices are fixed and not subject to revision during the first year of the FWC. At the beginning of the second and every following year of the FWC, each price may be revised upwards or downwards at the request of one of the parties. A party may request a price revision in writing no later than three months before the anniversary date of entry into force of the FWC. The other party must acknowledge the request within 14 days of receipt. At the anniversary date, the contracting authority must communicate the final index for the month in which the request was received, or failing that, the last provisional index available for that month. The contractor establishes the new price on this basis and communicates it as soon as possible to the contracting authority for verification. The contracting authority purchases on the basis of the prices in force at the date on which the specific contract enters into force. The price revision is calculated using the following formula: Ir Pr = Po x ( — ) Io where: Pr = revised price; Po = price in the tender; Io = index for the month in which the FWC enters into force; Ir = index for the month in which the request to revise prices is received.

  • Optional Features The Optional Features Prices selected for the Option Aircraft will be adjusted to Boeing's current prices as of the date of execution of the definitive agreement for the Option Aircraft.

  • Alternate Work Schedule An alternate work schedule is any work schedule where an employee is regularly scheduled to work five (5) days per week, but the employee’s regularly scheduled two (2) days off are NOT Saturday and Sunday.

  • Additional Features Additional Features are invoiced at the start of the first Contract Year following the Contract Year in which such Additional Features are activated.