Common use of Amount of Landing Fees Clause in Contracts

Amount of Landing Fees. ‌ Landing Fees shall equal the product of the then current Landing Fees rate by the Revenue Landed Weight. The current Landing Fees rate shall be calculated as follows: The Airfield Net Requirement shall be allocated between Signatory and Non-Signatory Airlines based on landed weight, with the Non-Signatory landed weight being increased by twenty-five percent (25%). The allocated Signatory Net Requirement shall be reduced by Revenue Sharing allocated to the Airfield. The Signatory Landing Fee rate shall be the reduced allocated Signatory Net Requirement divided by Signatory landed weight. Signatory Landing Fees are subject to adjustment as provided in Section 20.3. The Non-Signatory Landing Fee rate shall be the allocated Non-Signatory Net Requirement divided by Non-Signatory landed weight.

Appears in 2 contracts

Samples: Signatory Passenger Airline Lease and Operating Agreement, Signatory Passenger Airline Lease and Operating Agreement

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Amount of Landing Fees. Carrier's Landing Fees shall be that amount that is equal to the product of the then current Landing Fees rate by the Carrier's Revenue Landed Weight. The current Landing Fees rate shall be calculated as follows: The Airfield Net Requirement shall be allocated between Signatory and Non-Signatory Airlines based on landed weight, with the Non-Signatory landed weight being increased by twenty-five percent (25%). The allocated Signatory Net Requirement shall be reduced by Revenue Sharing allocated to the Airfield. The Signatory Landing Fee rate shall be the reduced allocated Signatory Net Requirement divided by Signatory landed weight. Signatory Landing Fees are subject to adjustment as provided in Section 20.315.3. The Non-Signatory Landing Fee rate shall be the allocated Non-Signatory Net Requirement divided by Non-Signatory landed weight.

Appears in 1 contract

Samples: Signatory Cargo Carrier Operating Agreement

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Amount of Landing Fees. Xxxxxxx's Landing Fees shall be that amount that is equal to the product of the then current Landing Fees rate by the Carrier's Revenue Landed Weight. The current Landing Fees rate shall be calculated as follows: The Airfield Net Requirement shall be allocated between Signatory and Non-Signatory Airlines based on landed weight, with the Non-Signatory landed weight being increased by twenty-five percent (25%). The allocated Signatory Net Requirement shall be reduced by Revenue Sharing allocated to the Airfield. The Signatory Landing Fee rate shall be the reduced allocated Signatory Net Requirement divided by Signatory landed weight. Signatory Landing Fees are subject to adjustment as provided in Section 20.315.3. The Non-Signatory Landing Fee rate shall be the allocated Non-Signatory Net Requirement divided by Non-Signatory landed weight.

Appears in 1 contract

Samples: Signatory Cargo Carrier Operating Agreement

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