Common use of Basic Price Clause in Contracts

Basic Price. The Airframe Basic Price quoted in Clause 3.1 of the Agreement is 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.

Appears in 2 contracts

Sources: Purchase Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.), Aircraft Purchase Agreement (AerCap Holdings N.V.)

Basic Price. The Airframe Basic Price quoted in Clause 3.1 of the Agreement is 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.

Appears in 1 contract

Sources: Purchase Agreement (KLM Royal Dutch Airlines)