Common use of Technical Acceptance Process Clause in Contracts

Technical Acceptance Process. 8.1.1 Prior to Delivery, each Aircraft will undergo a technical acceptance process developed by the Seller [CONFIDENTIAL PORTION HAS BEEN OMITTED BECAUSE IT (I) IS NOT MATERIAL AND (II) WOULD BE COMPETITIVELY HARMFUL IF PUBLICLY DISCLOSED] (the “Technical Acceptance Process”). Completion of the Technical Acceptance Process will demonstrate the satisfactory functioning of such Aircraft and will be deemed to demonstrate compliance with the Specification. If, during the Technical Acceptance Process any Aircraft does not comply with all of the Technical Acceptance Process requirements, the Seller will without hindrance from the Buyer carry out, at its cost, any necessary changes and, as soon as practicable thereafter, resubmit such Aircraft to such further Technical Acceptance Process as is necessary to demonstrate the elimination of the non-compliance. 8.1.2 The Technical Acceptance Process will:

Appears in 1 contract

Sources: Purchase Agreement (American Airlines, Inc.)

Technical Acceptance Process. 8.1.1 Prior to Delivery, each Delivery the Aircraft will shall undergo a technical acceptance process developed by the Seller [CONFIDENTIAL PORTION HAS BEEN OMITTED BECAUSE IT (I) IS NOT MATERIAL AND (II) WOULD BE COMPETITIVELY HARMFUL IF PUBLICLY DISCLOSED] process, **** (the “Technical Acceptance Process”). Completion of the Technical Acceptance Process will shall demonstrate the satisfactory functioning of such the Aircraft and will shall be deemed to demonstrate compliance with the Specification. If, during Should it be established that the Technical Acceptance Process any Aircraft does not comply with all of the Technical Acceptance Process requirements, the Seller will shall without hindrance from the Buyer be entitled to carry out, at its cost, out any necessary changes and, as soon as practicable thereafter, resubmit such the Aircraft to such further Technical Acceptance Process as is necessary to demonstrate the elimination of the non-compliance. ****. 8.1.2 The Technical Acceptance Process willshall: (i) commence on a date notified by the Seller to the Buyer by no less than **** notice; (ii) take place at the Delivery Location; (iii) be carried out by the personnel of the Seller; (iv) include a technical acceptance flight which shall not exceed a period ****

Appears in 1 contract

Sources: Purchase Agreement (Avolon Holdings LTD)