Non-Scheduled Flight Refund Sample Clauses

Non-Scheduled Flight Refund. With respect to each calendar year during the term of this Agreement, Northwest shall within thirty (30) days from the receipt of the final Block Hour and Cycle Report received pursuant to Section 5.02 for the immediately preceding year, calculate and notify Pinnacle of the ratio of actual Block Hours for Non-Scheduled Flights to actual Block Hours for Scheduled Flights and the ratio of actual Cycles for Non-Scheduled Flights to actual Cycles for Scheduled Flights. In the event that either ratio exceeds [***], Pinnacle shall remit to Northwest (through a set-off of the next amount due from the Section 5.02 wire transfer) an amount equal to the following: Refund Calculation: Actual Block Hours and/or Cycles for Non-Scheduled Flights in excess of [***] of the actual Block Hours and Cycles for Scheduled Flights, respectively, multiplied by the Block Hour Rate and Cycle Rate, respectively, in effect for the immediately preceding year pursuant to Section 5.03 and as adjusted pursuant to Section 5.10, plus the amount of any Margin Payments previously paid by Northwest to Pinnacle in connection with such excess Block Hours and/or Cycles; provided, however, that no refund will be paid to Northwest with respect to Non-Scheduled Flights which are Aircraft delivery flights.
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Non-Scheduled Flight Refund. With respect to each calendar year during the term of this Agreement, Northwest shall within ninety (90) days from the receipt of the final Block Hour Report and Cycle Report received pursuant to Section 1.01 of this Exhibit E for the immediately preceding year, calculate and notify Mesaba of the ratio of actual Block Hours for Non-Scheduled Flights to actual Block Hours for Scheduled Flights and the ratio of actual Cycles for Non-Scheduled Flights to actual Cycles for Scheduled Flights. In the event that either ratio exceeds ***, Mesaba shall remit to Northwest (through a set-off of the next wire transfer of amounts due pursuant to this Exhibit E) an amount equal to the following: Refund Calculation: ***
Sample 1
Non-Scheduled Flight Refund. With respect to each calendar year during the Term, Delta shall within thirty (30) days from the receipt of the final Block Hour Report received pursuant to Section 5.02 for the immediately preceding year, calculate and notify Pinnacle of the ratio of actual Block Hours for Non-Scheduled Flights to actual Block Hours for Scheduled Flights. In the event that such ratio exceeds [***], Pinnacle shall remit to Delta (through a set-off of the next amount due from the Section 5.02 wire transfer) an amount equal to the following: Refund Calculation: Actual Block Hours for Non-Scheduled Flights in excess of .[***] of the actual Block Hours for Scheduled Flights multiplied by the Block Hour Rate in effect for the immediately preceding year pursuant to Section 5.03 and as adjusted pursuant to Section 5.10, plus the amount of any Margin Payments previously paid by Delta to Pinnacle in connection with such excess Block Hours; provided, however, that no refund will be paid to Delta with respect to Non-Scheduled Flights which are Aircraft delivery flights.
Sample 1

Related to Non-Scheduled Flight Refund

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