Common use of Program Commitment Clause in Contracts

Program Commitment. The Cumulative Actual Maintenance Cost shall not exceed [*]% of the Cumulative Target Maintenance Cost as these terms are defined in this Article 4 (Program Commitment). If the performance of the Covered Aircraft does not comply with the Program Commitment (Noncompliance), Customer shall have the remedies specified in Article 8, below.

Appears in 4 contracts

Samples: Letter Agreement (Avianca Holdings S.A.), Letter Agreement (Avianca Holdings S.A.), Letter Agreement (Avianca Holdings S.A.)

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Program Commitment. The Cumulative Average Actual Maintenance Cost shall not exceed [*]% of the Cumulative Average Target Maintenance Cost as these terms are defined in this Article 4 (Program Commitment). If the performance of the Covered Aircraft does not comply with the Program Commitment (Noncompliance), Customer Buyer shall have the remedies specified in Article 8, 8 below.

Appears in 1 contract

Samples: Letter Agreement (Northwest Airlines Corp)

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Program Commitment. [GRAPHIC OMITTED] The Cumulative Actual Maintenance Cost shall not exceed [*]% of the Cumulative Target Maintenance Cost as these terms are defined in this Article 4 (Program CommitmentPROGRAM COMMITMENT). If the performance of the Covered Aircraft does not comply with the Program Commitment (NoncomplianceNON COMPLIANCE), Customer shall have the remedies specified in Article 8, below.

Appears in 1 contract

Samples: Letter Agreement (Atlas Air Worldwide Holdings Inc)

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