Common Use Formula is a formula for calculating the appropriate charges to be levied on each tenant occupying the Rental Car Facility leasing Common Use Space, whereby each tenant of the Rental Car Facility shall pay that proportion of the rent attributable to the Common Use Space as its Exclusive Space bears to the total amount of Exclusive Space leased by all tenants of the Rental Car Facility.
Common Use Formula means a formula that prorates Twenty Percent (20%) of a service charge or space rental equally among the Signatory Airlines (including their Affiliates) using the service or space and prorates Eighty Percent (80%) of the service charge or space rental among the Signatory Airlines (including their Affiliates) using the service or space so that each pays that proportion thereof which the number of its Originating Passengers at the Airport during the month bears to the total number of Originating Passengers by all Signatory Airlines at the Airport during the same month. Non-signatory airlines using the Common Use Premises shall pay a fee per Originating Passenger established by the County. An example of the application of the common use formula is shown in Exhibit R.
Common Use Formula means the formula used to prorate the total monthly rent attributable to the Common Use Space (including the monthly cost of maintaining and operating the inbound baggage claim conveyor system in the Terminal 1 Cost Center) in each Terminal Building among those airlines using such Common Use Space (the “Common User Airlines”) as follows:
Examples of Common Use Formula in a sentence
The expense for such services will be billed to AIRLINE directly and prorated among the Signatory Airlines using the Common Use Formula or other formula as mutually agreed upon by MAC and a Majority-In-Interest of the Signatory Airlines.
The expense for the porter services will be billed to AIRLINE directly and prorated among the Signatory Airlines using the Common Use Formula.
Nonstructural maintenance costs for Common Use Space will be prorated among the airlines by SAAC using the methodology agreed upon by all airlines or the Common Use Formula.
In designing our system we also imagined that our users would purposefully initiate clean transitions be- tween projects (a context switch).
SAAC janitorial services costs for Common Use Space shall be prorated among all airlines by SAAC using the methodology agreed upon by all airlines—in the absence of agreement between the airlines, the Common Use Formula will be used.
More Definitions of Common Use Formula
Common Use Formula means the formula specified in Section 8.03.
Common Use Formula means a formula that prorates the cost of a service or space, excluding the Regional Ramp, among those Airlines actually using the service or space as follows: 20 percent of the cost equally among each such Airline and 80 percent of the cost on the basis of that proportion which the number of each such Airline’s Enplaned Passengers at the Airport bears to the total number of Enplaned Passengers of all such Airlines at the Airport; provided, however, that Airlines that only operated aircraft with 40 seats or less during the relevant period will be excluded from the proration of the 20 percent of costs, but included in the proration of 80% of costs.
Common Use Formula means a formula used to prorate charges for a particular facility, service, or space used in common with others, as follows: Twenty percent (20%) of the charges are prorated equally among all airline users leasing Terminal Building space under this Agreement for the facilities, service, or space. Eighty percent (80%) of the charges are prorated according to the ratio of the number of Airline’s Enplaned Passengers at the Airport to the total number of Enplaned Passengers of all airlines using such facilities, service, or space. For invoicing, City will use the most recent six (6) months of available information to calculate the Common Use Charges.
Common Use Formula means a formula that is used to prorate twenty percent (20%) of the rental cost of space equally among those airlines using the space (the “fixed” portion of the allocation) and eighty percent (80%) of the rental cost on the basis of that proportion which the number of each airline's Deplaned Passengers at the Airport bears to the total number of Deplaned Passengers of all such airlines at the Airport (the “variable” portion of the allocation); provided, however, that for the purposes of this calculation, charter airlines using the Authority’s designated “charter/international gate” shall not be included in the “fixed” portion of the allocation.
Common Use Formula means a formula that prorates a Common Use Charge amount between American and Sublessee so that each such airline pays that proportion thereof which the number of gates it is then leasing or subleasing as lessee or sublessee bears to all gates (i.e., 26) in Terminal C. The portion of the Common Use Charges allocable to Sublessee and other items under this Sublease calculable with reference to the Common Use Formula shall be recalculated each month, if necessary, to account for the subleasing of additional gates, if any, by Sublessee.
Common Use Formula means a formula which prorates the cost of a service or space among those airlines using the service or space so that each user pays that proportion thereof that the number of its Enplaned Passengers at the Airport bears to the total number of Enplaned Passengers of all such users of the service or space.
Common Use Formula is a formula for calculating the appropriate charges to be levied on each tenant occupying the Rental Car Facility, whereby each tenant of the Rental Car Facility shall pay that proportion of the rent attributable to the Common Use Space as its Exclusive Space bears to the total amount of Exclusive Space leased by all tenants of the Rental Car Facility. The Common Use Formula will be reflected as a certain square footage of Common Use Space attributable to Tenant (as further described in Exhibit A), as to which Tenant shall pay Space Rent at the Structure Rate and/or Surface Rate, as applicable. For the purposes of calculating Space Rent for Common Use Space under the Common Use Formula, if any tenant at the Rental Car Facility has a market share of less than 2%, its individual market share allocation will be 2%, and the distribution of the remaining 98% will be based on market share.