Excess Fuel Consumption Credit Calculation Sample Clauses

Excess Fuel Consumption Credit Calculation. If at the end of each Period of Calculation the Fleet Average Fuel Consumption Deterioration exceeds the Guaranteed Rate, IAE will grant New Air a credit in respect to excess fuel consumption calculated in accordance with the following formula: C = (D-GR)% YHF where: C = the amount of the credit in U.S. dollars D = the Fleet Average Fuel Consumption Deterioration (in percent) GR = the Guaranteed Rate Y = initial cruise fuel flow of new Eligible Engines expressed in U.S. gallons per hour to be established within 30 days of start of operation (per ECM II program) H = the total of all flight hours flown by New Air's Eligible Engines during that portion of the Period of Guarantee that the Guarantee level has been exceeded. F = The average net cost to New Air in U.S. Dollars per U.S. Gallon of aviation fuel consumed by New Air during the Period of Guarantee.
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Excess Fuel Consumption Credit Calculation. If at the end of each Period of Calculation the Fleet Average Fuel Consumption Deterioration exceeds the Guaranteed Rate, IAE will grant AAH a credit in respect to excess fuel consumption calculated in accordance with the following formula: C = [*] where:
Excess Fuel Consumption Credit Calculation. If at the end of each Period of Calculation the Fleet Average Fuel Consumption Deterioration exceeds the Guaranteed Margin, IAE will grant ACA a credit in respect to excess fuel consumption calculated in accordance with the following formula: C = (D-GM)% YHF where: C = the amount of the credit in U.S. dollars D = the Fleet Average Fuel Consumption Deterioration GM = the Guaranteed Margin Y = average cruise fuel flow of new Eligible Engines expressed in U.S. gallons per hour at the time of commencement of commercial operation for each such Eligible Engine H = the total of all flight hours flown by ACA's Eligible Engines during the Period of Calculation F = The average net cost to ACA in U.S. Dollars per U.S. Gallon (after deduction of subsidies or government or other allowances received by ACA), of aviation fuel consumed by ACA during the Period of Calculation. If subsequent annual calculations show that on a cumulative basis, a previous credit (or portion thereof) was in excess of that due under this Guarantee, such excess amount shall be subject to repayment which will be effected by IAE issuing a debit against ACA's account with IAE. At ACA's option, the Credit Calculation may be made using the ECM Trend Monitoring Program. In such an event, the above-referenced reporting requirements will be satisfied through provision by ACA of the necessary reporting data as part of the ECM Trend Monitoring Program and will be provided to IAE on a regular basis. III
Excess Fuel Consumption Credit Calculation. If at the [***] the Final Fleet Average Fuel Consumption Deterioration exceeds the Guaranteed Margin, IAE will grant AWA a credit in respect to excess fuel consumption calculated in accordance with the following formula: C = (D-GM) YHF where: C = the amount of the credit in U.S. dollars D = the Final Fleet Average Fuel Consumption Deterioration (expressed as a percentage) GM = the Guaranteed Margin (expressed as a percentage) Y = average cruise fuel flow of Eligible Engines expressed in U.S. gallons per hour H = the total of all flight hours flown by Eligible Engines during the Period of Guarantee F = [***] ---------- [*] indicates Redacted material
Excess Fuel Consumption Credit Calculation. If at the end of the Period of Guarantee the Final Fleet Average Fuel Consumption Deterioration exceeds the Guaranteed Margin, IAE will grant Midway a credit in respect to excess fuel consumption calculated in accordance with the following formula: C = (D-GM)% YHF where: C = the amount of the credit in U.S. dollars D = the Final fleet Average Fuel Consumption Deterioration GM = the Guaranteed Margin Y = average cruise fuel flow of new Eligible Engines expressed in U.S. gallons per hour H = the total of all flight hours flown by Midway's Eligible Engines during the Period of Guarantee F = The average net cost to Midway in U.S. Dollars per U.S. Gallon (after deduction of subsidies or government or other allowances received by Midway), of aviation fuel consumed by Midway during the Period of Guarantee.

Related to Excess Fuel Consumption Credit Calculation

  • Line Outage Costs Notwithstanding anything in the NYISO OATT to the contrary, the Connecting Transmission Owner may propose to recover line outage costs associated with the installation of Connecting Transmission Owner’s Attachment Facilities or System Upgrade Facilities or System Deliverability Upgrades on a case-by-case basis.

  • Interconnection Customer Payments Not Taxable The Parties intend that all payments or property transfers made by the Interconnection Customer to the Participating TO for the installation of the Participating TO's Interconnection Facilities and the Network Upgrades shall be non-taxable, either as contributions to capital, or as a refundable advance, in accordance with the Internal Revenue Code and any applicable state income tax laws and shall not be taxable as contributions in aid of construction or otherwise under the Internal Revenue Code and any applicable state income tax laws.

  • Variances From Operating Budget Furnish Agent, concurrently with the delivery of the financial statements referred to in Section 9.7 and each monthly report, a written report summarizing all material variances from budgets submitted by Borrowers pursuant to Section 9.12 and a discussion and analysis by management with respect to such variances.

  • Interconnection Customer Compensation If the CAISO requests or directs the Interconnection Customer to provide a service pursuant to Articles 9.6.3 (Payment for Reactive Power) or 13.5.1 of this LGIA, the CAISO shall compensate the Interconnection Customer in accordance with the CAISO Tariff.

  • PRICE ESCALATION/DE-ESCALATION (CPI) The County may allow a price escalation provision within this award. The original contract prices shall be firm for the entirety of the initial (1 year) contract period. A price escalation/de-escalation will be considered at the time of contract renewal and at 1-year intervals thereafter, provided the Contractor notifies the County, in writing, of the pending price escalation/de-escalation a minimum of sixty (60) days prior to the contract renewal date. Price adjustments shall be based on the latest version of the Consumers Price Index (CPI-U) for All Urban Consumers, All Items, U.S. City Average, non-seasonal, as published by the U.S. Department of Labor, Bureau of Labor Statistics. This information is available at xxx.xxx.xxx. Price adjustment shall be calculated by applying the simple percentage model to the CPI data. This method is defined as subtracting the base period index value (at the time of initial award) from the index value at time of calculation (latest version of the CPI published as of the date of request for price adjustment), divided by the base period index value to identify percentage of change, then multiplying the percentage of change by 100 to identify the percentage change. Formula is as follows: Current Index – Base Index / Base Index = % of Change % of Change x 100 = Percentage Change CPI-U Calculation Example: CPI for current period 232.945 Less CPI for base period 229.815 Equals index point change 3.130 Divided by base period CPI 229.815 Equals 0.0136 Result multiplied by 100 0.0136 x 100 Equals percent change 1.4% A price increase may be requested only at each time interval specified above, using the methodology outlined in this section. To request a price increase, Contractor shall submit a letter stating the percentage amount of the requested increase and adjusted price to the Orange County Procurement Division. The letter shall include the complete calculation utilizing the formula above, and a copy of the CPI-U index table used in the calculation. The maximum allowable increase shall not exceed 4%, unless authorized by the Manager, Procurement Division. If approved, the price adjustment shall become effective on the contract renewal date. All price adjustments must be accepted by the Manager, Procurement Division and shall be memorialized by written amendment to this contract. No retroactive contract price adjustments will be allowed. Should the CPI-U for All Urban Consumers, All Items, U.S City Average, as published by the U.S. Department of Labor, Bureau of Labor Statistics decrease during the term of the contract, or any renewals, the Contractor shall notify the Orange County Procurement Division of price decreases in the method outlined above. If approved, the price adjustment shall become effective on the contract renewal date. If the Contractor fails to pass the decrease on to the County, the County reserves the right to place the Contractor in default, cancel the award, and remove the Contractor from the County Vendor List for a period of time deemed suitable by the County. In the event of this occurrence, the County further reserves the right to utilize any options as stated herein.

  • Night Shift Differential 1. An employee who works an assigned night shift shall, in addition to his or her regular salary, be paid a night shift differential for each hour actually worked on the assigned night shift.

  • Contract Year A twelve (12) month period during the term of the Agreement commencing on the Effective Date and each anniversary thereof.

  • Interconnection Customer Drawings Within one hundred twenty (120) days after the date of Initial Operation, unless the Interconnection Parties agree on another mutually acceptable deadline, the Interconnection Customer shall deliver to the Transmission Provider and the Interconnected Transmission Owner final, “as-built” drawings, information and documents regarding the Customer Interconnection Facilities, including, as and to the extent applicable: a one-line diagram, a site plan showing the Customer Facility and the Customer Interconnection Facilities, plan and elevation drawings showing the layout of the Customer Interconnection Facilities, a relay functional diagram, relaying AC and DC schematic wiring diagrams and relay settings for all facilities associated with the Interconnection Customer's step-up transformers, the facilities connecting the Customer Facility to the step-up transformers and the Customer Interconnection Facilities, and the impedances (determined by factory tests) for the associated step-up transformers and the Customer Facility. As applicable, the Interconnection Customer shall provide Transmission Provider and the Interconnected Transmission Owner specifications for the excitation system, automatic voltage regulator, Customer Facility control and protection settings, transformer tap settings, and communications.

  • Delivery Point (a) All Energy shall be Delivered hereunder by Seller to Buyer at the Delivery Point. Seller shall be responsible for the costs of delivering its Energy to the Delivery Point consistent with all standards and requirements set forth by the FERC, ISO-NE, the Interconnecting Utility and any other applicable Governmental Entity and any applicable tariff.

  • Selection Under a Fixed Budget Services for assignments which the Association agrees meet the requirements of paragraph 3.5 of the Consultant Guidelines may be procured under contracts awarded on the basis of a Fixed Budget in accordance with the provisions of paragraphs 3.1 and 3.5 of the Consultant Guidelines.

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