Common use of FLIGHT HOURS Clause in Contracts

FLIGHT HOURS. The term "Flight Hours" means actual flight time as depicted in the aircraft flight logs for actual time that the aircraft is aloft (takeoff to landing) expressed in one-tenth of an hour increments.

Appears in 4 contracts

Sources: Time Sharing Agreement (Oakley Inc), Time Sharing Agreement (Oakley Inc), Time Sharing Agreement (Oakley Inc)

FLIGHT HOURS. The term "Flight Hours" means actual flight time that the Aircraft is used during the Term as depicted recorded in the aircraft Aircraft flight logs for actual time that the aircraft Aircraft is aloft (takeoff to landing) expressed in one-tenth of an hour increments.

Appears in 1 contract

Sources: Lease Agreement (Oakley Inc)