Definitions and General Conditions. All of the Definitions and General Conditions of the V2500 Engine and Parts Service Policy shall apply to this Guarantee. In the case of conflict between the Definitions and General Conditions of the V2500 Engine and Parts Service Policy and the terms and conditions of this Guarantee, this Guarantee shall govern. Remote Site Removals excluded by the General Conditions of the Policy shall be excluded from this Guarantee. I INTRODUCTION IAE guarantees ACA that by the end of [***] year period commencing with ACA's commercial operation of the first Aircraft powered by V2500 Engines, the cumulative Engine-caused Delay and Cancellation Rate will not exceed a Guaranteed Rate of [***] per 100 Aircraft departures. Under this Guarantee, if the cumulative Engine-caused Delay and Cancellation Rate is determined to have exceeded the Guaranteed Rate over the Period of Guarantee, IAE's sole obligation will be to credit ACA's account with IAE an amount of [***] U.S. Dollars for each excess Eligible Delay and Cancellation determined to have been in excess of the Guaranteed Rate.
Appears in 1 contract
Sources: General Terms of Sale (Flyi Inc)
Definitions and General Conditions. All of the Definitions and General Conditions of the V2500 Engine and Parts Service Policy shall apply to this Guarantee. In the case of conflict between the Definitions and General Conditions of the V2500 Engine and Parts Service Policy and the terms and conditions of this Guarantee, this Guarantee shall govern. Remote Site Removals Engines and Inflight Shutdowns excluded by the General Conditions of the Policy shall be excluded from this Guarantee. EXHIBIT D-8 I INTRODUCTION IAE guarantees ACA that by the end of [***] year period commencing with ACA's commercial operation of the first Aircraft powered by V2500 Engines, the cumulative Engine-caused Delay and Cancellation Remote Site Removal Rate will not exceed a Guaranteed Rate of [***] per 100 Aircraft departures1000 Eligible Engine flight hours. Under this Guarantee, if the cumulative Engine-caused Delay and Cancellation Eligible Remote Site Removal Rate is determined to have exceeded the Guaranteed Rate over the Period of Guarantee, IAE's sole obligation will be to credit ACA's account with IAE an a fixed amount of [***] U.S. Dollars for each excess Eligible Delay and Cancellation Remote Site Removal determined to have been in excess of the Guaranteed Rate.. GUARANTEE
Appears in 1 contract
Sources: General Terms of Sale (Flyi Inc)
Definitions and General Conditions. All of the Definitions and General Conditions of the V2500 Engine and Parts Service Policy shall apply to this Guarantee. In the case of conflict between the Definitions and General Conditions of the V2500 Engine and Parts Service Policy and the terms and conditions of this Guarantee, this Guarantee shall govern. Remote Site Removals Engines excluded by the General Conditions of the Policy shall be excluded from this Guarantee. EXHIBIT D-7 I INTRODUCTION IAE guarantees ACA that by the end of [***] the ten (10) year period commencing with ACA's commercial operation of the first Aircraft powered by V2500 Engines, the cumulative Engine-caused Delay and Cancellation Engine Inflight Shutdown Rate will not exceed a Guaranteed Rate of [***] per 100 Aircraft departures1000 Eligible Engine flight hours. Under this Guarantee, if the cumulative Engine-caused Delay and Cancellation Eligible Inflight Shutdown Rate is determined to have exceeded the Guaranteed Rate over the Period of Guarantee, IAE's sole obligation will be to credit ACA's account with IAE an a fixed amount of [***] U.S. Dollars for each excess Eligible Delay and Cancellation Inflight Shutdown determined to have been in excess of the Guaranteed Rate.
Appears in 1 contract
Sources: General Terms of Sale (Flyi Inc)