Markup on Aircraft Sample Clauses

Markup on Aircraft. United agrees to pay actual aircraft ownership costs on Aircraft plus a markup of [*], not to exceed [*] per aircraft per month. __________ * Confidential
Sample 1
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Markup on Aircraft. United agrees to pay actual aircraft ownership costs on Aircraft plus a markup of [*], not to exceed [*] per aircraft per month. __________ * Confidential C. OPERATING GOALS For each calendar month and for Contractor’s entire United Express operations, Contractor’s actual Performance Level shall be measured as the combined performance of Contractor’s and Chautauqua Airlines, Inc.’s United Express operations with respect to each of four Operating Goals. To establish the Total Markup to be applied hereunder, add together the four applicable Markup Points (percentage figures) associated with the relevant Performance Metrics set forth on Appendix F, yielding a sum that is designated as the Total Markup Factor. Multiply the Total Markup Factor by the total aggregate Carrier Controlled Costs for the month in question, and the resultant amount is designated as the Markup as detailed in Appendix F. 1. Operating Goals Methodology. Up until the earlier of i.) the time at which Contractor first has [*] aircraft in schedule for United Express or ii.) Contractor has operated for [*] months for United Express, Contractor will be paid a “B” level markup across all operating goals. After which the Contractor’s Monthly Operating Goals for the calendar year will be established using one of the two predetermined methodologies set forth below and will take effect on January 1 of each year. a. When United’s annual Mainline performance (defined as performance for United Airlines’ domestic, mainline flights, weighted by departures) for any of the four Operating Goals for the most recent calendar year completed is better than United Express Best Practice Operating Performance for the most recent calendar year completed, the below methodology shall be used to determine the goal for upcoming calendar year for that individual Operating Goal. i.
Sample 1

Related to Markup on Aircraft

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  • Return of Aircraft, Etc (a) If an Event of Default shall have occurred and be continuing and the Equipment Notes have been accelerated, subject to Section 4.03 hereof and unless the Owner Trustee or the Owner Participant shall have elected to purchase the Equipment Notes, at the request of the Mortgagee, the Owner Trustee shall promptly execute and deliver to the Mortgagee such instruments of title and other documents as the Mortgagee may deem necessary or advisable to enable the Mortgagee or an agent or representative designated by the Mortgagee, at such time or times and place or places as the Mortgagee may specify, to obtain possession of all or any part of the Mortgaged Property included in the Trust Indenture Estate to which the Mortgagee shall at the time be entitled hereunder. If the Owner Trustee shall for any reason fail to execute and deliver such instruments and documents after such request by the Mortgagee, the Mortgagee may (i) obtain a judgment conferring on the Mortgagee the right to immediate possession and requiring the Owner Trustee to execute and deliver such instruments and documents to the Mortgagee, to the entry of which judgment the Owner Trustee hereby specifically consents to the fullest extent permitted by Law, and (ii) pursue all or part of such Mortgaged Property wherever it may be found and, in the event that a Lease Event of Default has occurred and is continuing, may enter any of the premises of Lessee wherever such Mortgaged Property may be or be supposed to be and search for such Mortgaged Property and take possession of and remove such Mortgaged Property. All expenses of obtaining such judgment or of pursuing, searching for and taking such property shall, until paid, be secured by the Lien of this Trust Indenture.

  • Lease of Aircraft Lessor agrees to lease the Aircraft to Lessee pursuant to the provisions of FAR Section 91.501(b)(6) and Section 91.501(c)(1) and this Agreement, and to provide a fully-qualified and credentialed flight crew for all flights to be conducted hereunder during the Term (as defined in Section 13) hereof. The parties acknowledge and agree that this Agreement did not result in any way from any direct or indirect advertising, holding out or soliciting on the part of Lessor or any person purportedly acting on behalf of Lessor. Lessor and Lessee intend that the lease of the Aircraft effected by this Agreement shall be treated as a “wet lease” pursuant to which Lessor provides transportation services to Lessee in accordance with FAR Section 91.501(b)(6) and Section 91.501(c)(1).

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  • Aircraft This peril includes self-propelled missiles and spacecraft.

  • Return of Aircraft 64 23.1 Date of Return................................................64 23.2

  • Aircraft Description The Option Aircraft are described by Boeing Detail Specification D6-38808, Revision E, dated September 15, 1995, as amended and revised pursuant to the Agreement.

  • Aircraft Information Table Table 1 consolidates information contained in Articles 1, 2, 3 and 4 with respect to (i) quantity of Aircraft, (ii) applicable Detail Specification, (iii) month and year of scheduled deliveries, (iv) Aircraft Basic Price, (v) applicable escalation factors and (vi) Advance Payment Base Prices and advance payments and their schedules.

  • Use of Aircraft ‌ Employees shall not be required to use an aircraft in the course of their duties other than those of regular commercial airlines, licensed charters, or government aircraft.

  • Airframe The Airbus A300F4-605R aircraft (excluding the Engines or engines from time to time installed thereon) to be leased by the Lessor to the Lessee pursuant to the Lease and the initial Lease Supplement and having the United States FAA Registration Number initially and manufacturer's serial number specified in the initial Lease Supplement, including (i) all Parts in respect thereof and (ii) any Replacement Airframe which may be substituted pursuant to Section 11.03

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