Aircraft Commitment Sample Clauses

Aircraft Commitment. For the purposes of this Letter Agreement, the “Covered Aircraft” shall be defined as a [*CTR]. Boeing commits to Customer that, for the Covered Aircraft, the [*CTR], as defined in Attachment A, during the Performance Retention Term, as defined in Paragraph 2 below, will not exceed the levels shown in the table below (Aircraft Commitment). Time After Delivery of the First Covered Aircraft Cumulative Fleet Average Fuel Mileage Deterioration Commitment (%) [*CTR] [*CTR] [*CTR] [*CTR] [*CTR] [*CTR] [*CTR].
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Aircraft Commitment. Boeing commits to Customer that, for all of the [*] Model 787-8 aircraft equipped with Trent 1000[*] engines delivered by Boeing to Customer in accordance with the delivery schedule set forth in Attachment C (Covered Aircraft), the Cumulative Fleet Average Fuel Mileage Deterioration of the Covered Aircraft (as defined in Attachment A), will not exceed [*] percent [*] within the Performance Retention Term defined in paragraph 2 (Aircraft Commitment). If the Cumulative Fleet Average Fuel Mileage Deterioration of the Covered Aircraft is greater than the Cumulative Fleet Average Fuel Mileage Commitment set forth above, Customer’s remedies and Boeing’s obligations and liabilities therefore shall be as set forth in this Letter Agreement.
Sample 1Sample 2Sample 3See All (4)
Aircraft Commitment. For the purposes of this Letter Agreement, the Covered Aircraft shall be defined as a [CONFIDENTIAL PORTION OMITTED AND FILED SEPARATELY WITH THE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]. Boeing commits to Customer that, [CONFIDENTIAL PORTION OMITTED AND FILED SEPARATELY WITH THE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT], as defined in Attachment A, during the Performance Retention Term, as defined in paragraph 2 below, will not exceed the levels shown in the table below (Aircraft Commitment). Time After Delivery of the First Covered Aircraft Cumulative Fleet Average Fuel Mileage Deterioration Commitment (%) [CONFIDENTIAL PORTION OMITTED AND FILED SEPARATELY WITH THE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT].
Sample 1Sample 2See All (4)
Aircraft Commitment. For the purposes of this Letter Agreement, the Covered Aircraft shall be defined as a [****] Boeing commits to Customer that, [****], as defined in Attachment A, during the Performance Retention Term, as defined in paragraph 2 below, will not exceed the levels shown in the table below (Aircraft Commitment): Time After Delivery of the First Covered Aircraft Cumulative Fleet Average Fuel Mileage Deterioration Commitment (%) [****] [****] [****] [****] [****] [****] [****] P.A. No. 3735 AAL-PA-03735-LA-1106658 BOEING PROPRIETARY
Sample 1
Aircraft Commitment. For the purposes of this Letter Agreement, the Covered Aircraft shall be defined as a [****] Boeing commits to Customer that, [****], as defined in Attachment A, during the Performance Retention Term, as defined in paragraph 2 below, will not exceed the levels shown in the table below (Aircraft Commitment). Time After Delivery of the First Covered Aircraft Cumulative Fleet AverageFuel Mileage DeteriorationCommitment (%) [****] [****] [****] [****] [****] [****] [****]
Sample 1
Aircraft Commitment. For the purposes of this Letter Agreement, the Covered Aircraft shall be defined as a [*CTR] Boeing commits to Customer that, [*CTR], as defined in Attachment A, during the Performance Retention Term, as defined in paragraph 2 below, will not exceed the levels shown in the table below (Aircraft Commitment): Time After Delivery of the First Covered Aircraft Cumulative Fleet Average Fuel Mileage Deterioration Commitment (%) [*CTR] [*CTR] [*CTR] [*CTR] [*CTR] [*CTR] [*CTR] P.A. No. 3735 AAL-PA-03735-LA-1106658 BOEING PROPRIETARY [*CTR]=[CONFIDENTIAL PORTION OMITTED AND FILED SEPARATELY WITH THE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]
Sample 1
Aircraft Commitment. For the purposes of this Letter Agreement, the Covered Aircraft shall be defined as a fleet of not less than twelve (12) new Aircraft equipped with GEnx-2B67 engines delivered by Boeing to Customer. Boeing commits to Customer that, for the Covered Aircraft, the Cumulative Fleet Average Fuel Mileage Deterioration, as defined in Attachment A, during the Performance Retention Term, as defined in paragraph 2.2 below, will not exceed the levels shown in the table below (AIRCRAFT COMMITMENT). ---------------------------------------------------------------------------------------------------- Time After Delivery of First Covered Aircraft Cumulative Fleet Average Fuel Mileage Deterioration (%) ---------------------------------------------------------------------------------------------------- [ * ] [ * ] ---------------------------------------------------------------------------------------------------- [ * ] [ * ] [ * ] [ * ] ---------------------------------------------------------------------------------------------------- [ * ] [ * ] [ * ] [ * ] ---------------------------------------------------------------------------------------------------- [ * ] [ * ] [ * ] [ * ] ---------------------------------------------------------------------------------------------------- [ * ] [ * ] [ * ] [ * ] ---------------------------------------------------------------------------------------------------- If the Cumulative Fleet Average Fuel Mileage Deterioration of the Covered Aircraft is determined to have increased to anextent greater than the Aircraft Commitment set forth above, Customer's remedies and Boeing's obligations and liabilities shall be as set forth in this Letter Agreement.
Sample 1
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Aircraft Commitment. For the purposes of this Letter Agreement, the Covered Aircraft (Covered Aircraft) shall be defined as a fleet of not less than Twenty Two (22) new Boeing Model 787-816 aircraft equipped with TRENT1000-A engines delivered by Boeing to Customer whether under direct purchase or leased. [***]. [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***].
Sample 1
Aircraft Commitment. For the purposes of this Letter Agreement, the Performance Retention Covered Aircraft shall be defined as a fleet not less than [CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT] Boeing commits to Customer that, for the Performance Retention Covered Aircraft, the Fleet Average Fuel Mileage Deterioration, as defined in Attachment A, during the Performance Retention Term (as defined in paragraph 2 below), will not exceed [CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT] within the Performance Retention Term (Aircraft Commitment). If the Fleet Average Fuel Mileage Deterioration of the Performance Retention Covered Aircraft is determined to have increased to an extent greater than the Aircraft Commitment set forth above, Customer's remedies and Boeing's obligations and liabilities shall be as set forth in this Letter Agreement.
Sample 1

Related to Aircraft Commitment

  • STAFF COMMITMENT 23. If this Settlement Agreement is accepted by the Hearing Panel, Staff will not initiate any proceeding under the By-laws of the MFDA against the Respondent in respect of the facts set out in Part IV and the contraventions described in Part V of this Settlement Agreement, subject to the provisions of Part IX below. Nothing in this Settlement Agreement precludes Staff from investigating or initiating proceedings in respect of any facts and contraventions that are not set out in Parts IV and V of this Settlement Agreement or in respect of conduct that occurred outside the specified date ranges of the facts and contraventions set out in Parts IV and V, whether known or unknown at the time of settlement. Furthermore, nothing in this Settlement Agreement shall relieve the Respondent from fulfilling any continuing regulatory obligations.

  • L/C Commitment (a) Subject to the terms and conditions hereof, each Issuing Lender, in reliance on the agreements of the other Lenders set forth in Section 3.4(a), agrees to issue Letters of Credit upon the request and for the account of the Borrower (and for the benefit of the Borrower or any Subsidiary of the Borrower) on any Business Day during the Revolving Commitment Period in such form as may be approved from time to time by such Issuing Lender; provided that no Issuing Lender shall issue any Letter of Credit if, (i) after giving effect to such issuance, (A) the L/C Exposure would exceed the L/C Commitment or (B) the aggregate amount of the Available Revolving Commitments would be less than zero or (C) unless otherwise agreed to by such Issuing Lender, the L/C Exposure with respect to all Letters of Credit issued by such Issuing Lender would exceed such Issuing Lender’s Specified L/C Commitment or (ii) such Issuing Lender shall have received written notice from the Administrative Agent or the Borrower, at least one Business Day prior to the requested date of issuance or amendment of the applicable Letter of Credit, that one or more applicable conditions contained in Section 5.2 shall not have been satisfied. On the Restatement Effective Date, each Existing Letter of Credit shall be deemed to be a Letter of Credit issued hereunder for the account of the Borrower. Each Letter of Credit shall (i) be denominated in Dollars and (ii) expire no later than the earlier of (x) the first anniversary of its date of issuance and (y) the date that is five Business Days prior to the Revolving Termination Date (as it may be extended, so long as the Available Revolving Commitments of all Continuing Lenders would equal or exceed zero following such extension); provided, however, that any Letter of Credit, whether newly requested or an existing Letter of Credit that is extended or automatically renewed, may have an expiration date after the Revolving Termination Date (so long as such expiration date remains in compliance with clause (x) above) so long as the Borrower cash collateralizes such Letter of Credit at 101% of the available face amount of such Letter of Credit on or prior to the date which is five Business Days prior to the Revolving Termination Date and the Administrative Agent and the relevant Issuing Lender providing such Letter of Credit agree to such expiration date at the time such Letter of Credit or extension is requested or at the time such existing Letter of Credit is to be automatically renewed, as applicable; provided further that any Letter of Credit (other than a Letter of Credit to which Section 2.18(c)(ii) applies) with a one-year term may provide for the renewal thereof for additional one-year periods (which shall only extend beyond the date referred to in clause (y) above if the condition described in the first proviso of this sentence is satisfied).

  • Loan Commitment Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Company herein set forth, the Lender hereby agrees to lend to the Company on the Closing Date and thereafter up to $16,000,000 in the aggregate (the "Loan") consisting of $8,000,000 of 7-year Tranche advances and $8,000,000 of 10-year Tranche advances. The Lender's commitment to make the Loan to the Company pursuant to this Section 2.1 is herein called the "Loan Commitment."

  • The Letter of Credit Commitment (i) Subject to the terms and conditions set forth herein, (A) the L/C Issuer agrees, in reliance upon the agreements of the Lenders set forth in this Section 2.03, (1) from time to time on any Business Day during the period from the Closing Date until the Letter of Credit Expiration Date, to issue Letters of Credit for the account of the Borrower or its Subsidiaries, and to amend or extend Letters of Credit previously issued by it, in accordance with subsection (b) below, and (2) to honor drawings under the Letters of Credit; and (B) the Lenders severally agree to participate in Letters of Credit issued for the account of the Borrower or its Subsidiaries and any drawings thereunder; provided that after giving effect to any L/C Credit Extension with respect to any Letter of Credit, (x) the Total Outstandings shall not exceed the Aggregate Commitments, (y) the aggregate Outstanding Amount of the Committed Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Commitment, and (z) the Outstanding Amount of the L/C Obligations shall not exceed the Letter of Credit Sublimit. Each request by the Borrower for the issuance or amendment of a Letter of Credit shall be deemed to be a representation by the Borrower that the L/C Credit Extension so requested complies with the conditions set forth in the proviso to the preceding sentence. Within the foregoing limits, and subject to the terms and conditions hereof, the Borrower’s ability to obtain Letters of Credit shall be fully revolving, and accordingly the Borrower may, during the foregoing period, obtain Letters of Credit to replace Letters of Credit that have expired or that have been drawn upon and reimbursed.

  • Term Loan Commitment As to each Term Loan Lender, the amount equal to such Term Loan Lender’s Term Loan Commitment Percentage of the aggregate principal amount of the Term Loans from time to time outstanding to the Borrower.

  • Term Commitments Subject to the terms and conditions hereof, each Term Lender severally agrees to make a term loan (a “Term Loan”) to the Borrower on the Closing Date in an amount not to exceed the amount of the Term Commitment of such Lender. The Term Loans may from time to time be Eurodollar Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.12.

  • Revolving Commitment Subject to the terms and conditions hereof and in reliance upon the representations and warranties set forth herein, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) to the Borrowers from time to time from the Effective Date until the Termination Date, or such earlier date as the Revolving Commitments shall have been terminated as provided herein for the purposes hereinafter set forth (provided, that, all Revolving Loans made prior to the Effective Time (as defined in the Merger Agreement) shall be made to Speedway Funding); provided, however, that (x) the sum of the aggregate principal amount of outstanding Revolving Loans at any time shall not exceed the Revolving Committed Amount and (y) the sum of the aggregate principal amount of outstanding Revolving Loans on the Effective Date shall not exceed $20,000,000 (which outstanding amount shall result only from borrowings of Revolving Loans the proceeds of which are used to finance the Offer (as defined in the Merger Agreement) and for fees and expenses related to the Merger); provided, further, (i) with regard to each Revolving Lender individually, such Lender’s share of outstanding Revolving Obligations shall not exceed such Lender’s Revolving Commitment Percentage of the Revolving Committed Amount and (ii) with regard to the Revolving Lenders collectively, the aggregate principal amount of outstanding Revolving Obligations shall not exceed ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may from time to time be increased pursuant to Section 2.6 or reduced as provided in Section 3.3). Revolving Loans may consist of Base Rate Loans or Eurodollar Loans, or a combination thereof, as the Borrowers may request and may be repaid and reborrowed in accordance with the provisions hereof; provided, however, that no more than six Eurodollar Loans shall be outstanding hereunder at any time with respect to Revolving Loans. For purposes hereof, Eurodollar Loans with different Interest Periods shall be considered as separate Eurodollar Loans, even if they begin on the same date and have the same duration, although borrowings, extensions and conversions may, in accordance with the provisions hereof, be combined at the end of existing Interest Periods to constitute a new Eurodollar Loan with a single Interest Period.

  • Loan Commitments Subject to the terms and conditions hereof,

  • Time Commitment The Advisor shall, and shall cause its Affiliates and their respective employees, officers and agents to, devote to the Company such time as shall be reasonably necessary to conduct the business and affairs of the Company in an appropriate manner consistent with the terms of this Agreement. The Company acknowledges that the Advisor and its Affiliates and their respective employees, officers and agents may also engage in activities unrelated to the Company and may provide services to Persons other than the Company or any of its Affiliates.

  • Commitment Within 20 days after the Title Company receives a copy of this contract, Seller shall furnish to Buyer a commitment for title insurance (Commitment) and, at Buyer's expense, legible copies of restrictive covenants and documents evidencing exceptions in the Commitment (Exception Documents) other than the standard printed exceptions. Seller authorizes the Title Company to deliver the Commitment and Exception Documents to Buyer at Buyer's address shown in Paragraph 21. If the Commitment and Exception Documents are not delivered to Buyer within the specified time, the time for delivery will be automatically extended up to 15 days or 3 days before the Closing Date, whichever is earlier. If the Commitment and Exception Documents are not delivered within the time required, Buyer may terminate this contract and the xxxxxxx money will be refunded to Buyer.

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