AD Cost Sharing Sample Clauses

AD Cost Sharing. (a) With respect to each AD ***** to be performed by Lessee during the Term, the cost of compliance for which exceeds ***** Lessor shall reimburse Lessee for a portion of such work in accordance with the following formula: ***** (b) Lessor’s obligation to make any payments under this Clause 4 shall be conditioned upon ***** and receipt by Lessor no later than ***** of invoices and proper documentation ***** in support of the invoices and verifying that *****
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AD Cost Sharing. Lessor and Lessee agree that during the Term-Out ----------------- Period, Lessor shall not be obligated to contribute to any AD costs, as contemplated in Section 7.4 of the Lease.
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AD Cost Sharing. Commencing on January 1, 2023 and subject to no Default or Event of Default having occurred that is continuing, if the Lessee complies on a terminating action basis with an Airworthiness Directive at any time during the Term then if the total cost to the Lessee of complying with such Airworthiness Directive exceeds REDACTED* (which shall be escalated at 3.5% per annum commencing on January 1, 2024) (the “AD Threshold”), then within thirty (30) days of receipt of a satisfactory detailed invoice specifying the direct invoiced costs (such as parts, labor, materials and taxes) incurred by the Lessee in incorporating such Airworthiness Directive, the Lessor will promptly pay to the Lessee an amount calculated in accordance with the following formula: X = [(Z-Y) * (C-REDACTED*Z Where: “X” = the amount to be reimbursed to the Lessee;
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AD Cost Sharing. With respect to each repair or modification required during the Lease Term (including as required by Schedule 2 to the Aircraft Lease Agreement (Return Conditions) by an AD issued by the Compliance Authority (excluding, for the avoidance of doubt, any repair or modification required by Aviation Authority which is not also required by an AD issued by the Compliance Authority) during the Lease Term, complied with on a terminating basis during the Lease Term and having a cost of compliance (determined as provided below) in excess of the AD Threshold Amount, Lessor will reimburse Lessee, subject to the following provisions, for a portion of the cost of compliance with such repair or modification as follows: R = ((P – M)/P) x (C – T) where
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AD Cost Sharing 
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Related to AD Cost Sharing

  • Cost Sharing a) With respect to the funding in C6.1a), should there be an amount of employee co-pay, the Trust shall advise boards what that amount shall be. Unless advised otherwise, there will be no deductions upon the Participation Date. b) Any further cost sharing or funding arrangements as per previous local collective agreements in effect as of August 31, 2014 remain status quo.

  • Start-Up Costs The Government of Ontario will provide:

  • PAYMENT OF WAGES AND ALLOWANCES 26:01 Pay Days

  • Data Sharing The GRANTEE BENEFICIARY agrees to share data with the AGENCY as deemed necessary by AGENCY, in its sole discretion, for expenditure validation, trend review, and performance monitoring.

  • Training Costs All costs and expenses incurred by the Contractor in the training of its employees engaged in Petroleum Operations, and such other training as is required by this Agreement.

  • PREMIUM TAX The Reinsurer will not reimburse the Ceding Company for premium taxes.

  • Cost Reimbursement This payment method is based on an approved budget and submission of a request for reimbursement of expenses Xxxxxxx has incurred at the time of the request;

  • Subcontract Costs Payments made by the Construction Manager to Subcontractors in accordance with the requirements of the subcontracts and this Agreement.

  • Direct Charges To the extent Cash-based Expenses are incurred by the Contractor, the Contractor shall be reimbursed for reasonable and necessary actual direct costs incurred (e.g., equipment, supplies, travel and other costs directly associated with the performance of the Agreement) to the extent required in the performance of the Work and to the extent such costs are anticipated in the Budget. Travel, lodging, meals and incidental expenses shall be reimbursed for reasonable and necessary costs incurred. Costs shall not exceed the daily per diem rates published in the Federal Travel Regulations. Reimbursement for the use of personal vehicles shall be limited to the Internal Revenue Service business standard mileage rate in effect at the time the expense was incurred.

  • Direct Costs The Contractor shall separately identify each item of deleted and added work associated with the change or other condition giving rise to entitlement to an equitable adjustment, including increases or decreases to unchanged work impacted by the change. For each item of work so identified, the Contractor shall propose for itself and, if applicable, its first two tiers of subcontractors, the following direct costs: (1) Material cost broken down by trade, supplier, material description, quantity of material units, and unit cost (including all manufacturing burden associated with material fabrication and cost of delivery to site, unless separately itemized); (2) Labor cost broken down by trade, employer, occupation, quantity of labor hours, and burdened hourly labor rate, together with itemization of applied labor burdens (exclusive of employer’s overhead, profit, and any labor cost burdens carried in employer’s overhead rate); (3) Cost of equipment required to perform the work, identified with material to be placed or operation to be performed; (4) Cost of preparation and/or revision to shop drawings and other submittals with detail set forth in paragraphs (e)(1) and (e)(2) of this clause; (5) Delivery costs, if not included in material unit costs; (6) Time-related costs not separately identified as direct costs, and not included in the Contractor’s or subcontractors’ overhead rates, as specified in paragraph

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