Aircraft Purchase Price definition

Aircraft Purchase Price means the Aircraft price, effective on the relevant Aircraft Contractual Delivery Date, resulting from the application of the Escalation Formula to the Aircraft Basic Price as set forth in Article 3.3.

Aircraft Purchase Price shall have the meaning attributed to it in Article 4.2;

Aircraft Purchase Price with respect to any ACS Group Aircraft, means the “Purchase Price” (as defined in the applicable Purchase Agreement or the Guarantor Purchase Agreement, as applicable) for the entity owning such ACS Group Aircraft.

Examples of Aircraft Purchase Price in a sentence

• This Agreement, including the provisions of Article 12 relating to Disclaimer and Release, the Exclusion of Consequential and Other Damages, and the provisions relating to indemnification and insurance set forth in this Agreement, has been the subject of discussion and negotiation and is fully understood by the parties; the Aircraft Purchase Price and other agreements of the parties set forth in this Agreement were arrived at in consideration of such provisions.

• Development Changes are defined as changes to the basic specification for Model 737-700/-800 aircraft that do not affect the Aircraft Purchase Price or adversely affect Aircraft delivery, guaranteed weight, guaranteed performance or compliance with the interchangeability or replaceability requirements set forth in the Detail Specification.

• This Agreement, including the provisions of Article 12 relating to DISCLAIMER AND RELEASE, the Exclusion of Consequential and Other Damages, and the provisions relating to indemnification and insurance set forth in this Agreement, has been the subject of discussion and negotiation and is fully understood by the parties; the Aircraft Purchase Price and other agreements of the parties set forth in this Agreement were arrived at in consideration of such provisions.

• Boeing may use the Aircraft for flight and ground tests prior to delivery to Buyer, without reduction in the Aircraft Purchase Price, if such tests are deemed necessary by Boeing to: 9.5.1 obtain or maintain the Type Certificate or Standard Airworthiness Certificate for the Aircraft; or 9.5.2 evaluate aircraft improvement changes that may be offered for production or retrofit incorporation in any aircraft.

• The Aircraft Purchase Price of a Substitute Aircraft will be calculated as described in the Purchase Agreement and shall be equal to or less than the amount that would have been payable in respect of the Aircraft being substituted.Frontier engine damageThe Seller has recently been advised by Frontier that one of the engines on the Initial Aircraft with manufacturer’s serial number 1579 has been damaged.

More Definitions of Aircraft Purchase Price

Aircraft Purchase Price shall have the meaning attributed to it in the applicable Supplement;

Aircraft Purchase Price has the meaning, with regard to each Aircraft, given to such term in the Acquisition Agreement pursuant to which such Aircraft is purchased by an Issuer Group Member.

Aircraft Purchase Price means in respect of an Aircraft, the aggregate amount which is equal to:

Aircraft Purchase Price means on any date, in respect of any Aircraft, 90.43156003256% of the Initial Appraised Value of such Aircraft.

Aircraft Purchase Price means (as of any date of determination thereof), with respect to any Aircraft, the Base Aircraft Purchase Price for such Aircraft minus (if such amount is a positive number) or plus (if such amount is a negative number) the absolute value of the Aircraft Purchase Price Adjustment Amount for such Aircraft.

Aircraft Purchase Price with respect to any New Aircraft means the “Purchase Price” (under and as defined in Section 2.2 of the Second Share Purchase Agreement) for the Company owning such New Aircraft or, with respect to any Additional Aircraft, the meaning given to that or any comparable term in the Acquisition Agreement pursuant to which such Aircraft is acquired by an Issuer Group Member.

Aircraft Purchase Price in the case of the purchase of a Sourced Aircraft by SAIL (or by any of its Affiliates) the gross purchase price paid by the relevant purchaser of the Sourced Aircraft (as determined in a accordance with the Master Services Agreement)