Common use of Completion Factor Clause in Contracts

Completion Factor. If Mesaba’s completion factor (calculated in accordance with Section 2.10(b)(i) of the Agreement) is less than ***% for a Performance Period, Northwest shall receive from Mesaba $*** per enplaned Revenue Passenger during the applicable Performance Period. If Mesaba’s completion factor is greater than ***% for a Performance Period, Northwest shall pay to Mesaba $*** per enplaned Revenue Passenger during the applicable Performance Period.

Appears in 1 contract

Sources: Airline Services Agreement (Mair Holdings Inc)

Completion Factor. If Mesaba’s completion factor (calculated in accordance with the Section 2.10(b)(i2.10(c)(i) of the Agreement) is less than ***% for a Performance Period, Northwest shall receive from Mesaba $*** per enplaned Revenue Passenger during the applicable Performance Period. If Mesaba’s completion factor is greater than ***% for a Performance Period, Northwest shall pay to Mesaba $*** per enplaned Revenue Passenger during the applicable Performance Period, and if Mesaba’s completion factor is greater than ***% for such Performance Period, Northwest shall also pay to Mesaba an additional $*** per enplaned Revenue Passenger during such Performance Period.

Appears in 1 contract

Sources: Airline Services Agreement (Mair Holdings Inc)