Common use of Rental Payment Clause in Contracts

Rental Payment. Lessee agrees to pay to Lessor the hourly rental fee for occupied business flight hours at the rental rate set forth in Appendix A, per flight hour (prorated for fractions) of operation during each Rental Period (the “Rental Payment”). The hourly rental fee may be adjusted during the Term by mutual agreement of the Parties, based on fair market pricing, by updating and replacing Appendix A. Such rental fees include delays, detours, cancellations caused by weather, routing, maintenance or other similar occurrences during each Rental Period, except that Lessor, at its sole discretion, may reduce the rental fees in the event of such occurrences. Lessee shall not be subject to any daily minimum Rental Payment on any day during the Rental Period.

Rental Payment. Lessee agrees to pay to Lessor the an hourly rental fee for occupied business flight hours at the a rental rate set forth in Appendix A, of ___________________ ($__________) per flight hour (prorated for fractions) of operation during each Rental Period (the “Rental Payment”). The hourly rental fee may be adjusted by mutual agreement during the Term by mutual agreement of the Parties, based on fair market pricing, by updating and replacing Appendix A. . Such rental fees include delays, detours, cancellations caused by weather, routing, maintenance or other similar occurrences during each Rental Period, except that Lessor, at its sole discretion, may reduce the rental fees in the event of such occurrences. Lessee shall not be subject to any daily minimum Rental Payment on any day during the Rental Period.

Rental Payment. Lessee agrees to pay to Lessor the an hourly rental fee for occupied business flight hours at the a rental rate set forth in Appendix A, of ______________________ ($_________) per flight hour (prorated for fractions) of operation during each Rental Period (the “Rental Payment”). The hourly rental fee may be adjusted by mutual agreement during the Term by mutual agreement of the Parties, based on fair market pricing, by updating and replacing Appendix A. . Such rental fees include delays, detours, cancellations caused by weather, routing, maintenance or other similar occurrences during each Rental Period, except that Lessor, at its sole discretion, may reduce the rental fees in the event of such occurrences. Lessee shall not be subject to any daily minimum Rental Payment on any day during the Rental Period.

Rental Payment. Lessee agrees to pay to Lessor the an hourly rental fee for occupied business flight hours at the a rental rate of as set forth in Appendix A, per flight hour Schedule 1 (prorated for fractions) of operation during each Rental Period (the “Rental Payment”). The hourly rental fee may be adjusted by mutual agreement during the Term by mutual agreement of the Parties, based on fair market pricing, by updating and replacing Appendix A. . Such rental fees include delays, detours, cancellations caused by weather, routing, maintenance or other similar occurrences during each Rental Period, except that Lessor, at its sole discretion, may reduce the rental fees in the event of such occurrences. Lessee shall not be subject to any daily minimum Rental Payment on any day during the Rental Period.