Common use of Flight Reconciliation Clause in Contracts

Flight Reconciliation. a. With respect to Scheduled Flights, for any calendar month in which Contractor's actual block hours flown exceeds the block hours invoiced pursuant to Paragraph A(1)(c) for such calendar month, then the reconciliation for such period shall include a payment by Continental to Contractor in an amount equal to the product of (i) the difference between the actual block hours flown for Scheduled Flights and such invoiced block hours, multiplied by (ii) the Base Compensation per block hour as set forth in Appendix 1 hereto.

Appears in 2 contracts

Samples: Capacity Purchase Agreement (Republic Airways Holdings Inc), Capacity Purchase Agreement (Republic Airways Holdings Inc)

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Flight Reconciliation. a. With respect to Scheduled Flights, for any calendar month in which Contractor's ’s actual block hours flown exceeds the block hours invoiced pursuant to Paragraph A(1)(cA(1)(a) for such calendar month, then the reconciliation for such period shall include a payment by Continental to Contractor in an amount equal to the product of (i) the difference between the actual block hours flown for Scheduled Flights and such invoiced block hours, multiplied by (ii) the Base Compensation per block hour as houras set forth in Appendix 1 hereto.

Appears in 1 contract

Samples: Capacity Purchase Agreement (Expressjet Holdings Inc)

Flight Reconciliation. a. With respect to Scheduled Flights, for any calendar month in which Contractor's ’s actual block hours flown exceeds the block hours invoiced pursuant to Paragraph A(1)(c) for such calendar month, then the reconciliation for such period shall include a payment by Continental to Contractor in an amount equal to the product of (i) the difference between the actual block hours flown for Scheduled Flights and such invoiced block hours, multiplied by (ii) the Base Compensation per block hour as set forth in Appendix 1 hereto.

Appears in 1 contract

Samples: Capacity Purchase Agreement (Republic Airways Holdings Inc)

Flight Reconciliation. a. With respect to Scheduled Flights, for any calendar month in which Contractor's ’s actual block hours flown exceeds the block hours invoiced pursuant to Paragraph A(1)(cA(1)(a) for such calendar month, then the reconciliation for such period shall include a payment by Continental United to Contractor in an amount equal to the product of (i) the difference between the actual block hours flown for Scheduled Flights and such invoiced block hours, multiplied by (ii) the Base Compensation per “for each block hour hour” rate as set forth in Appendix 1 hereto.

Appears in 1 contract

Samples: Capacity Purchase Agreement (Skywest Inc)

Flight Reconciliation. a. With respect to Scheduled Flights, for any calendar month in which Contractor's ’s actual block hours flown exceeds the block hours invoiced pursuant to Paragraph A(1)(cA(1)(a) for such calendar month, then the reconciliation for such period shall include a payment by Continental United to Contractor in an amount equal to the product of (i) the difference between the actual block hours flown for Scheduled Flights and such invoiced block hours, multiplied by (ii) the Base Compensation per block hour as set forth in Appendix 1 hereto.

Appears in 1 contract

Samples: Capacity Purchase Agreement (Harbor Diversified, Inc.)

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Flight Reconciliation. a. With respect to Scheduled Flights, for any calendar month in which Contractor's actual block hours flown exceeds the block hours invoiced pursuant to Paragraph A(1)(cA(1)(a) for such calendar month, then the reconciliation for such period shall include a payment by Continental to Contractor in an amount equal to the product of (i) the difference between the actual block hours flown for Scheduled Flights and such invoiced block hours, multiplied by (ii) the Base Compensation per block hour as set forth in Appendix 1 hereto.

Appears in 1 contract

Samples: Capacity Purchase Agreement (Continental Airlines Inc /De/)

Flight Reconciliation. a. With respect to Scheduled Flights, for any calendar month in which Contractor's ’s actual block hours flown exceeds the block hours invoiced pursuant to Paragraph A(1)(cA(1)(a) for such calendar month, then the reconciliation for such period shall include a payment by Continental to Contractor in an amount equal to the product of (i) the difference between the actual block hours flown for Scheduled Flights and such invoiced block hours, multiplied by (ii) the Base Compensation per “for each block hour hour” rate as set forth in Appendix 1 hereto.

Appears in 1 contract

Samples: Capacity Purchase Agreement (Skywest Inc)

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