Anticipated Delay. In respect of any Aircraft, the Seller may conclude that Excusable Delays will (i) cause delay C.I.T. Leasing Corporation A320 NEO Family Purchase Agreement July 2011 in Delivery of such Aircraft for a period of more than *** after the end of the calendar month in which Scheduled Delivery is otherwise required or (ii) prevent Delivery of such Aircraft. In such event, in good faith and in accordance with its normal scheduling procedures, the Seller will give written notice to the Buyer of either (i) such delay and its related rescheduling reflecting such delay(s) or (ii) such nondelivery and shall, upon the Buyer’s request, provide the Buyer with substantiation of the causes for such delay and its anticipated duration. Within *** after the Buyer's receipt of such notice, either party may terminate this Agreement as to such rescheduled or nondeliverable Aircraft by giving written notice to the other party. Such termination will discharge all obligations and liabilities of the parties hereunder with respect to such affected Aircraft, except that ***
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Anticipated Delay. In respect of any Aircraft, the Seller may conclude that Excusable Delays will (i) cause delay C.I.T. Leasing Corporation A320 NEO Family Purchase Agreement July 2011 in Delivery of such Aircraft for a period of more than *** after the end of the calendar month in which Scheduled Delivery is otherwise required or (ii) prevent Delivery of such Aircraft. In such event, in good faith and in accordance with its normal scheduling procedures, the Seller will give written notice to the Buyer of either (i) such delay and its related rescheduling reflecting such delay(s) or (ii) such nondelivery and shall, upon the Buyer’s request, provide the Buyer with substantiation of the causes for such delay and its anticipated duration. Within *** after the Buyer's receipt of such notice, either party may terminate this Agreement as to such rescheduled or nondeliverable Aircraft by giving written notice to the other party. Such termination will discharge all obligations and liabilities of the parties hereunder with respect to such affected Aircraft, except that ***
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