Common use of ACMI Services Clause in Contracts

ACMI Services. Commencing at the Effective Time and continuing during the Term, Airco shall provide air transportation services to Groundco utilizing the aircraft listed on Schedule 2.2, as such Schedule may be amended from time to time in accordance with the provisions of this Agreement, such substitute aircraft as may be permitted or required hereunder (such specified aircraft, any substitute therefor and, from and after the time each New Aircraft is acquired by Airco and the FAA shall have issued a Certificate of Airworthiness with respect thereto, such New Aircraft, being collectively referred to herein as the "Aircraft"), in order to provide the services hereunder over the Air Routes in accordance with the Service Standards (such services, the "ACMI Services"). Schedule 2.2 includes a depreciation schedule for each owned Aircraft as agreed by the Parties, subject to revision as contemplated by Section 10.2(a)(i).

Appears in 2 contracts

Sources: Acmi Service Agreement (Abx Air Inc), Acmi Service Agreement (Abx Air Inc)

ACMI Services. Commencing at the Effective Time and continuing during the Term, Airco shall provide air transportation services to Groundco utilizing the aircraft listed on Schedule 2.2, as such Schedule may be amended from time to time in accordance with the provisions of this Agreement, such substitute aircraft as may be permitted or required hereunder (such specified aircraft, any substitute therefor and, from and after the time each New Aircraft is acquired by Airco and the FAA shall have issued a Certificate of Airworthiness with respect thereto, such New Aircraft, being collectively referred to herein as the "Aircraft"), in order to provide the services hereunder over the Air Routes in accordance with the Service Standards (such services, the "ACMI Services"). Schedule 2.2 includes a depreciation schedule for each owned Aircraft as agreed by the Parties, subject to revision as contemplated by Section 10.2(a)(i).

Appears in 1 contract

Sources: Merger Agreement (Airborne Inc /De/)