Examples of Flight Hour in a sentence
In the event the Lease is terminated by either party pursuant to Section 3.1, Lessee shall pay upon demand all outstanding Hourly Rent for each used Flight Hour.
In addition, but not limited to the foregoing, Lessee acknowledges that the rates of Supplemental Rent currently provided for in this Agreement are based upon the assumptions that (i) the Aircraft will be operated on a one Flight Hour to one Cycle ratio; and (ii) the Agreed Maintenance Programme for the Aircraft during the Term will be the same as that in effect on the Delivery Date.
It is now being extended again, to 8,600 hours, through a High Flight Hour (HFH) inspection effort that closely examines the condition of each aircraft.
The Lessee shall pay rent in an amount equal to the Hourly Rent specified in Schedule A attached hereto for each Flight Hour of use of the Aircraft by Lessee.
The units and their equivalent abbreviations used in this document are listed hereafter:- LDG: landings- Y: Years- M: Months- FH: Flight Hour- FC: Flight Cycle The definitions of landing, flight hour and flight cycle are in Chapter 5 section 5-00-00 § Structural Maintenance.