Common use of Annulment of the Formula Clause in Contracts

Annulment of the Formula. Should the above ***** provisions become null and void by action of the US Government, the Propulsion Systems Reference Price will be adjusted due to increases in the costs of labor and material which have occurred from the period represented by the applicable Reference Composite Price Index to the ***** prior to the scheduled month of Aircraft delivery.

Appears in 1 contract

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

Annulment of the Formula. Should the above ***** provisions become null and void by action of the US Government, the Propulsion Systems Reference Price will be adjusted due to increases in the costs of labor and material which have occurred from the period represented by the applicable Reference Composite Price Index ***** to the ***** prior to the scheduled month of Aircraft delivery.

Appears in 1 contract

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