Cancellation Rate definition
Examples of Cancellation Rate in a sentence
The "First Benchmark Factor" for each calendar month equals one minus the sum of the First Cancellation Rate for such calendar month and the Second Cancellation Rate for such calendar month.
Cancellation grid for Policies for a tenure of 91/2 months Policy, following grid will be applicable: Timing of Cancellation Rate of Premium to be retained Up to 90 days 85.00% of policy premium will be retained Exceeding 90 days Full policy premium Notwithstanding anything contained herein or otherwise, no refunds of premium shall be made in respect of Cancellation where, any claim has been admitted or has been lodged or any benefit has been availed by the Insured person under the Policy.
Under this Guarantee, if the cumulative Engine-caused Delay and Cancellation Rate is determined to have exceeded the Guaranteed Rate over the Period of Guarantee, IAE will credit AAH’s account with IAE an amount of $[*]U.S. Dollars for each excess Eligible Delay and Cancellation determined to have been in excess of the Guaranteed Rate.
Under this Guarantee, if the cumulative Engine-caused Delay and Cancellation Rate is determined to have exceeded the Guaranteed Rate over the Period of Guarantee, IAE will credit JetBlue's account with IAE an amount of [****] U.S. Dollars for each excess Eligible Delay and Cancellation determined to have been in excess of the Guaranteed Rate.
I INTRODUCTION IAE assures AAH that by the end of the [*] period commencing with AAH’s first commercial operation of Aircraft powered by V2500 Engines, the cumulative Engine-caused Delay and Cancellation Rate will not exceed a Guaranteed Rate of [*] Aircraft departures.
EXHIBIT D-5 V2500 DELAY AND CANCELLATION V2500 DELAY AND CANCELLATION I INTRODUCTION IAE assures JetBlue that by the end of the fifteen [****] period commencing with JetBlue's first commercial operation of Aircraft (including for purposes of this Guarantee, the Leased Aircraft) powered by V2500 Engines, the cumulative Engine-caused Delay and Cancellation Rate will not exceed a Guaranteed Rate of [****] per 100 Aircraft departures.
Section 2.01 of the Indenture Supplement is hereby amended by removing each of the following definitions: Consolidated Extrapolated Cumulative Cancellation Rate, CECCR, EFI Excess Amount, EFI Loans, EFI Originated Loans, Extrapolated Cumulative Cancellation Rate, ECCR and Single Development Excess Amount.
The term "Static Pool Cancellation Rate Trigger as defined in the Schedule A of the Agreement is hereby amended in its entirety to read as follows: "Static Pool Cancellation Rate Trigger" shall be Fifty Percent (50.0%).
Merchant Cancellation Rate Merchant initiated cancelation rate must be less than 2.75%.
The specific cancellation terms available for these rates vary from room to room, and will be listed in the "Important Information" displayed in the booking path for any particular Flexible Cancellation Rate.