Common use of Margin Reset Clause in Contracts

Margin Reset. In the event the Second Amended and Restated Airline Services Agreement expires on December 31, 2017, the Margin for each calendar year during the Term commencing with calendar year 2018 shall be revised to equal *** multiplied (1+CPPIB) multiplied by Aircraft Months for such period for Scheduled Flights, Non-Scheduled Flights and Charter Flights.

Appears in 2 contracts

Sources: Delta Connection Agreement (Pinnacle Airlines Corp), Delta Connection Agreement (Pinnacle Airlines Corp)