Common use of Maintenance Reserves Clause in Contracts

Maintenance Reserves. Sublessee shall during the Sublease Term pay the following Maintenance Reserves to Sublessor: (i) Airframe Maintenance Reserve US$ (*) for each Flight Hour that the Airframe is operated; (ii) Engine Maintenance Reserve, Refurbishment and LLP's US$ (*) for each Flight Hour that each Engine is operated; (iii) Landing Gear Maintenance Reserve US$ (*) for each Flight Hour that the Aircraft is operated; (iv) APU Maintenance Reserve US$ (*) for each Flight Hour that the APU is operated. The amounts payable by Sublessee to the Maintenance Reserves as set out herein shall be subject to annual escalation of 2.5% on each anniversary date of the first day of the Sublease Term and are also subject to upward or downward adjustment where the hour to cycle ratio changes from that assumed.

Maintenance Reserves. Sublessee shall during the Sublease Term pay the following Maintenance Reserves to Sublessor: (i) Airframe Maintenance Reserve US$ US$(*) )for each Flight Hour that the Airframe is operated; (ii) Engine Maintenance Reserve, Refurbishment and LLP's US$ US$(*) for each Flight Hour that each Engine is operated; (iii) Landing Gear Maintenance Reserve US$ US (*) )for each Flight Hour that the Aircraft is operated; (iv) APU Maintenance Reserve US$ (*) for each Flight Hour that the APU is operated. The amounts payable by Sublessee to the Maintenance Reserves as set out herein shall be subject to annual escalation of 2.5(*) % on each anniversary date of the first day of the Sublease Term and are also subject to upward or downward adjustment where the hour to cycle ratio changes from that assumed.

Maintenance Reserves. Sublessee shall during the Sublease Term pay the following Maintenance Reserves to Sublessor: (i) Airframe Maintenance Reserve US$ (*) for each Flight Hour that the Airframe is operated; (ii) Engine Maintenance Reserve, Refurbishment and LLP's US$ (*) )for each Flight Hour that each Engine is operated; (iii) Landing Gear Maintenance Reserve US$ US$(*) )for each Flight Hour that the Aircraft is operated; (iv) APU Maintenance Reserve US$ (*) for each Flight Hour that the APU is operated. The amounts payable by Sublessee to the Maintenance Reserves as set out herein shall be subject to annual escalation of 2.5(*)% on each anniversary date of the first day of the Sublease Term and are also subject to upward or downward adjustment where the hour to cycle ratio changes from that assumed.