Propulsion Systems Price Revision. Formula The PW Price Revision Formula or the CFM Price Revision Formula, as applicable PW In this Agreement, reference to PW or ▇▇▇▇▇ & WITHNEY shall be deemed references to IAE LLC PW Price Revision Formula Price revision formula applicable to the Reference Price of PW Propulsion Systems, as set forth in Part 3 of Exhibit C Ready for Delivery With respect to any Aircraft, the time when (i) the Technical Acceptance Process has been completed in accordance with Clause 8 and (ii) all technical conditions required for the issuance of the Export Certificate of Airworthiness have been satisfied Reference Price The Reference Price of a set of Propulsion Systems as set out in Part 2 or Part 3 of Exhibit C, as applicable Revision Service Period As set forth in Clause 14.5 Scheduled Delivery Month As set forth in Clause 9.1.2 Scheduled Delivery Period as defined in Clause 9.1.1
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Sources: A320neo Family Purchase Agreement (Avianca Holdings S.A.), A320neo Family Purchase Agreement (Avianca Holdings S.A.)