Termination on Excusable Delay. If the Delivery of any Aircraft is delayed as a result of an Excusable Delay for a period of more than ***** after the last day of the Scheduled Delivery Month then either party may terminate this Agreement with respect to the Aircraft so affected by giving written notice to the other party ***** after the ***** provided that the Buyer shall not be entitled to terminate this Agreement pursuant to this Clause if the Excusable Delay results from a cause within its control.
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Sources: Assignment and Assumption Agreement (Frontier Group Holdings, Inc.)
Termination on Excusable Delay. 10.3.1 If the any Delivery of any Aircraft is delayed as a result of an Excusable Delay for a period of more than [...***** ...] after the last day of the Scheduled Delivery Month Month, then either party may terminate this Agreement with respect to the Aircraft so affected Aircraft, by giving written notice to the other party [...***** ...] after the expiration of such [...***** provided that the Buyer shall not be entitled to terminate this Agreement pursuant to this Clause if the Excusable Delay results from a cause within its control....
Appears in 1 contract
Sources: Airbus A350 Purchase Agreement (Us Airways Group Inc)
Termination on Excusable Delay. If the any Delivery of any Aircraft is delayed as a result of an Excusable Delay for a period of more than [***** ] after the last day of the Scheduled Delivery Month Month, then either party may terminate this Agreement with respect to the Aircraft so affected Aircraft, by giving written notice to the other party within [***** ] after the expiration of such [***** provided that ] period. However, the Buyer shall will not be entitled to terminate this Agreement pursuant to this Clause Subclause 10.3.1 if the Excusable Delay results from a cause within its controlis caused directly or indirectly by the action or inaction of the Buyer.
Appears in 1 contract
Sources: Aircraft Purchase Agreement (Delta Air Lines, Inc.)
Termination on Excusable Delay. If the any Delivery of any Aircraft is delayed as a result of an Excusable Delay for a period of more than [***** ] after the last day of the Scheduled Delivery Month Month, then either party [***] may terminate this Agreement with respect to the Aircraft so affected Aircraft, by giving written notice to the other party [***** after the ] party within [***] after the expiration of such [** provided that **]. However, the Buyer shall will not be entitled to terminate this Agreement pursuant to this Clause Subclause 10.3.1 if the Excusable Delay results from a cause within its controlis caused directly or indirectly by the action or inaction of the Buyer.
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