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.
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] ...
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.
