Common use of FA Budget Clause in Contracts

FA Budget. FA Budgets will be determined concurrently with Revenue Goals for each year during the term of this Agreement and in accordance with the provisions of Section 2 above. The FA Budget for each year will (i) include contractual commitments for the payment of Financial Assistance for that year and for which GILLC is obligated, (ii) include reasonable estimates and projections as to additional Financial Assistance that may be required to gain new business or retain existing customers, and (iii) be commensurate with the Revenue Goal for that year. Subject to Section 3.2 below, at no time will US Airways be required or requested to provide Financial Assistance to any person either directly or through adjustments to, or inclusions in, the FA Budget, the Revenue Goal, the Base Compensation, the Guaranteed Compensation, the Performance Compensation, or otherwise.

Appears in 1 contract

Samples: Representation Agreement (Galileo International Inc)

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FA Budget. FA Budgets will be determined concurrently with Revenue Goals for each year during the term of this Agreement and in accordance with the provisions of Section 2 above. The FA Budget for each year will (i) include contractual commitments for the payment of Financial Assistance for that year and for which GILLC GI-Inc is obligated, (ii) include reasonable estimates and projections as to additional Financial Assistance that may be required to gain new business or retain existing customers, and (iii) be commensurate with the Revenue Goal for that year. Subject to Section 3.2 below, at no time will US Airways be required or requested to provide Financial Assistance to any person either directly or through adjustments to, or inclusions in, the FA Budget, the Revenue Goal, the Base Compensation, the Guaranteed Compensation, the Performance Compensation, or otherwise.

Appears in 1 contract

Samples: Galileo International Inc

FA Budget. FA Budgets will be determined concurrently with Revenue Goals for each year during the term of this Agreement and in accordance with the provisions of Section 2 above. The FA Budget for each year will (i) include contractual commitments for the payment of Financial Assistance for that year and for which GILLC GI-Inc is obligated, (ii) include reasonable estimates and projections as to additional Financial Assistance that may be required to gain new business or retain existing customers, and (iii) be commensurate with the Revenue Goal for that year. Subject to Section 3.2 below, at no time will US Airways United be required or requested to provide Financial Assistance to any person either directly or through adjustments to, or inclusions in, the FA Budget, the Revenue Goal, the Base Compensation, the Guaranteed Compensation, the Performance Compensation, or otherwise.

Appears in 1 contract

Samples: Galileo International Inc

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FA Budget. FA Budgets will be determined concurrently with Revenue Goals for each year during the term of this Agreement and in accordance with the provisions of Section 2 above. The FA Budget for each year will (i) include contractual commitments for the payment of Financial Assistance for that year and for which GILLC is obligated, (ii) include reasonable estimates and projections as to additional Financial Assistance that may be required to gain new business or retain existing customers, and (iii) be commensurate with the Revenue Goal for that year. Subject to Section 3.2 below, at no time will US Airways United be required or requested to provide Financial Assistance to any person either directly or through adjustments to, or inclusions in, the FA Budget, the Revenue Goal, the Base Compensation, the Guaranteed Compensation, the Performance Compensation, or otherwise.

Appears in 1 contract

Samples: Representation Agreement (Galileo International Inc)

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