Common use of Exception one Clause in Contracts

Exception one. If the Company establishes a fleet of new small narrowbody aircraft, 5 the number of permitted 76-seat aircraft may increase on a one 76-seat aircraft for 6 each one and one quarter new small narrowbody aircraft (1:1.25) ratio (rounded to the 7 closest integer) up to a total of 223 76-seat aircraft. In the event more than 153 76- 8 seat aircraft are in category A or C operations, then on January 1, 2014, and each 9 succeeding January 1 thereafter, the Company will implement its plan to reduce the 10 number of 50-seat aircraft in category A or C operations below 348 (the number of

Exception one. If the Company establishes a fleet of new small narrowbody aircraft, 5 12 the number of permitted 76-seat aircraft may increase on a one 76-seat aircraft for 6 13 each one and one quarter new small narrowbody aircraft (1:1.25) ratio (rounded to the 7 14 closest integer) up to a total of 223 76-seat aircraft. In the event more than 153 76- 8 15 seat aircraft are in category A or C operations, then on January 1, 2014, and each 9 16 succeeding January 1 thereafter, the Company will implement its plan to reduce the 10 17 number of 50-seat aircraft in category A or C operations below 348 (the number of