Cycle Ratio Sample Clauses

Cycle Ratio. If, from time to time during the Lease Term, the actual ratio falls below or rises above this assumed level by more than 0.1 during any twelve month period, the relevant Dollar amounts shall be adjusted upwards or downwards to reflect such actual ratio, the amount of such adjustment to be determined by mutual agreement of Lessor and Lessee after prompt, good faith negotiation.
Sample 1Sample 2
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Cycle Ratio. FH Since New Cycles Since New FH Since Restoration/New Cycles Since Restoration/New Installed on Airframe MSN Engine Position Airframe Registration Airframe Owner HKAC HKAC Removal Date Current Location (on Thru Date) Reason for Removal Installed Engine Position #1 Position #2 Serial Number Engine Owner Utilization - APU HKAC MSN Serial Number [**] — Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission. APU Hours During Period APU Cycles During Period APU Hours Since New APU Cycles Since New APU Hours Since Overhaul APU Cycles Since Overhaul Installed on Airframe MSN Airframe Registration Airframe Owner HKAC Removal Date Current Location (on Thru Date) Reason for Removal Installed APU HKAC MSN Serial Number Engine Owner HKAC Utilization - Landing Gear Left Right Nose Serial Number FH During Period Cycles During Period FH Since New Cycles Since New FH Since Overhaul Cycles Since Overhaul Installed on Airframe MSN Airframe Registration Airframe Owner HKAC HKAC HKAC Removal Date Current Location (on Thru Date) Reason for Removal Installed Gear Serial Number Gear Owner HKAC HKAC HKAC Reserves Component Unit Rate Amount Total Airframe 6Y Month Airframe 12Y Month Engine 41762 LLP Cycle Engine 41761 LLP Cycle APU P-1216 APU Hour Landing Gear Month Total for Period HKAC Report Period From: MSN Thru: [**] — Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission. Schedule 12 — Form of Landing Charges Letter [On Lessee’s letter head] Date ( ) To: ( )(1) Dear Sir, Authorisation Letter Aircraft model xxx: Registration xxx, msn xxxx the “Aircraft” We have leased the above Aircraft from (the “Lessor”), in accordance with a lease agreement (dated ) between us and the Lessor. We hereby authorise you to provide the Lessor (or his duly authorised representative) with a general statement of account in relation to air navigation charges incurred by us and due to [name of Aviation Authority](2). Access to the statement(s) of account will be provided in accordance with the procedures established by [name of Aviation Authority](2). The authorisation contained in this letter may only be revoked or amended by a written instruction signed by us and the Lessor. Yours faithfully, for and on behalf of [Hawaiian Airlines, Inc] ...
Sample 1
Cycle Ratio. On or about each anniversary of the Delivery Date, Lessor and Lessee shall determine whether during the preceding 12 months the actual ratio fell below or rose above this assumed level by more than 0.1, and if so the relevant Dollar amounts shall be adjusted upwards or downwards to reflect such actual ratio, the amount of such adjustment to be determined by mutual agreement of Lessor and Lessee after prompt, good faith negotiation.
Sample 1

Related to Cycle Ratio

  • Maximum Total Leverage Ratio Permit the Total Leverage Ratio as of the end of any fiscal quarter ending on or after September 30, 2006, to be greater than the ratio set forth below opposite the fiscal quarter end: Fiscal Quarter Ending Ratio on or prior to December 31, 2008 6.50 to 1.0 thereafter but on or prior to December 31, 2010 6.00 to 1.0 after December 31, 2010 5.50 to 1.0

  • Quick Ratio A ratio of Quick Assets to Current Liabilities of at least 2.00 to 1.00.

  • Maximum Consolidated Total Leverage Ratio The Borrower will cause the Consolidated Total Leverage Ratio to be less than (a) 4.00 to 1.00 at all times during the period from the Effective Date to and including December 30, 2009, (b) 3.75 to 1.00 at all times during the period from December 31, 2009 to and including December 30, 2010 and (c) less than 3.50 to 1.00 at all times thereafter.

  • Total Net Leverage Ratio The Borrower will not permit the Total Net Leverage Ratio as of the end of any Fiscal Quarter to exceed 3.50 to 1.00.

  • Maximum Leverage Ratio As of the last day of each fiscal quarter, the Borrower shall not permit the ratio (the "Leverage Ratio") of (i) Consolidated Funded Indebtedness to (ii) EBITDA of the Borrower and its Subsidiaries, as at the end of and for the period of four consecutive fiscal quarters ending on such day, to be greater than (i) 2.00 to 1.00.

  • Maximum Senior Leverage Ratio Borrower and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, a Senior Leverage Ratio as of the last day of such Fiscal Quarter and for the 12-month period then ended of not more than the following:

  • Adjusted Leverage Ratio The Borrower shall not permit the Adjusted Leverage Ratio as at the end of any Fiscal Quarter to be greater than the following for the respective periods set forth below: Period Adjusted Leverage Ratio Closing Date to and including March 27, 2004 3.75:1.00 March 28, 2004 to and including June 26, 2004 4.75:1.00 June 27, 2004 to and including July 2, 2005 5.60:1:00 July 3, 2005 and any time thereafter 5.25:1.00

  • Consolidated Fixed Charge Ratio Permit at any time the Consolidated Fixed Charge Ratio to be less than 1.25 to 1.00.

  • Consolidated Total Net Leverage Ratio Permit the Consolidated Total Net Leverage Ratio on the last day of any fiscal quarter occurring during any period set forth below, to be greater than the ratio set forth below opposite such period: Period Maximum Consolidated Total Net Leverage Ratio Closing Date through and including September 30, 2014 7.25:1.00 December 31, 2014 through and including September 30, 2015 6.75:1.00 December 31, 2015 and thereafter 6.50:1.00

  • Total Leverage Ratio The Company will not permit the Leverage Ratio as of the last day of any fiscal quarter ending during any period set forth below to exceed the ratio set forth opposite such period: Period Ratio October 1, 2002 through and including December 31, 2002 6.85 to 1.00 January 1, 2003 through and including March 31, 2003 7.50 to 1.00 April 1, 2003 through and including September 30, 2003 7.75 to 1.00 October 1, 2003 through and including December 31, 2003 7.25 to 1.00 January 1, 2004 through and including December 31, 2004 6.50 to 1.00 January 1, 2005 and thereafter 4.00 to 1.00

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