Common use of Effect of Aircraft Rescheduling Clause in Contracts

Effect of Aircraft Rescheduling. If Boeing reschedules any Aircraft under the above provisions, then Customer and Boeing will complete a Supplemental Agreement to document the revised Aircraft delivery schedules within thirty (30) days after the ten day advance notice is given. Boeing agrees that all advance payments due on the effective date of the Supplemental Agreement may be deferred (without interest or penalty fees) until ten business days after the date that Customer obtains government approval, by which time Customer will pay all advance payments specified in the Purchase Agreement as being due on or before that date.

Appears in 4 contracts

Sources: Purchase Agreement (China Southern Airlines Co LTD), Purchase Agreement (China Southern Airlines Co LTD), Purchase Agreement (China Southern Airlines Co LTD)

Effect of Aircraft Rescheduling. If Boeing reschedules any or all of the Aircraft under pursuant to the above provisionsprovisions of 3, then above, the Customer and Boeing will complete a Supplemental Agreement to document the revised Aircraft delivery schedules within thirty (30) days after the ten day advance notice is given. Boeing agrees that all advance payments due on the effective date of the Supplemental Agreement may be deferred (without interest or penalty fees) until ten business days after the date that Customer obtains government approval, by which time Customer will pay all advance payments specified in the Purchase Agreement as being due on or before that date.

Appears in 4 contracts

Sources: Purchase Agreement (China Southern Airlines Co LTD), Purchase Agreement (China Southern Airlines Co LTD), Purchase Agreement (China Southern Airlines Co LTD)

Effect of Aircraft Rescheduling. If Boeing reschedules any Aircraft under the above provisions, then Customer and Boeing will complete a Supplemental Agreement to document the revised Aircraft delivery schedules within thirty (30) days after the ten day advance notice is given. Boeing agrees that all advance payments due on the effective date of the Supplemental Agreement may be deferred (without interest or penalty fees) until ten business days after the date that Customer obtains government approvaldays, by which time Customer will pay all advance payments specified in the Purchase Supplemental Agreement as being due on or before that date. 5.

Appears in 1 contract

Sources: Purchase Agreement (China Southern Airlines Co LTD)

Effect of Aircraft Rescheduling. If Boeing reschedules any or all of the Aircraft under pursuant to the above provisionsprovisions of paragraph 5 above, then Customer and Boeing will complete a Supplemental Agreement to document the revised Aircraft delivery schedules within thirty (30) days after the ten day *** days advance notice is given. Boeing agrees that all advance payments due on the effective date of the Supplemental Agreement may be deferred (without interest or penalty fees) until ten business days after the date that Customer obtains government approval, by which time Customer will pay all advance payments specified in the Purchase Agreement as being due on or before that date.

Appears in 1 contract

Sources: Purchase Agreement (China Southern Airlines Co LTD)

Effect of Aircraft Rescheduling. If Boeing reschedules any or all of the Aircraft under pursuant to the above provisionsprovisions of 3. above, then the Customer and Boeing will complete a Supplemental Agreement to document the revised Aircraft delivery schedules within thirty (30) days after the ten day advance notice is given. Boeing agrees that all advance payments due on the effective date of the Supplemental Agreement may be deferred (without interest or penalty fees) until ten business days after the date that Customer obtains government approval, by which time Customer will pay all advance payments specified in the Purchase Agreement as being due on or before that date.

Appears in 1 contract

Sources: Purchase Agreement (China Eastern Airlines Corp LTD)

Effect of Aircraft Rescheduling. If Boeing reschedules any or all of the Aircraft under pursuant to the above provisionsprovisions of 3. above, then the Customer and Boeing will complete a Supplemental Agreement to document the revised Aircraft delivery schedules within thirty (30) days after the ten day advance notice is given. Boeing agrees that all advance payments due on the effective date of the Supplemental Agreement may be deferred (without interest or penalty fees) until ten business days after the date that Customer obtains government approval, by which time Customer will pay all advance payments specified in the Purchase Agreement as being due on or before that date.***

Appears in 1 contract

Sources: Purchase Agreement (China Eastern Airlines Corp LTD)