Common use of Adjustment for Major Loss Clause in Contracts

Adjustment for Major Loss. If there is a Major Loss under a combined placement insurance policy, Continental and Contractor will adjust the premium amounts paid by each party in accordance with the provisions set forth in Paragraph B(7) of Schedule 3.

Appears in 3 contracts

Samples: Capacity Purchase Agreement (Continental Airlines Inc /De/), Capacity Purchase Agreement (Expressjet Holdings Inc), Capacity Purchase Agreement (Expressjet Holdings Inc)

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Adjustment for Major Loss. If there is a Major Loss under a combined placement insurance policy, Continental and Contractor will adjust the premium amounts paid by each party in accordance with the provisions set forth in Paragraph B(7B(6) of Schedule 3.

Appears in 1 contract

Samples: Capacity Purchase Agreement (Skywest Inc)

Adjustment for Major Loss. If there is a Major Loss under a combined placement insurance policy, Continental United and Contractor will adjust the premium amounts paid by each party in accordance with the provisions set forth in Paragraph B(7B(6) of Schedule 3.

Appears in 1 contract

Samples: Capacity Purchase Agreement (Skywest Inc)

Adjustment for Major Loss. If there is a Major Loss under a combined placement insurance policy, Continental and Contractor will adjust the premium amounts paid by each party in accordance with the provisions set forth in Paragraph B(7B(5) of Schedule 3.. ARTICLE VII

Appears in 1 contract

Samples: Capacity Purchase Agreement (Expressjet Holdings Inc)

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Adjustment for Major Loss. If there is a Major Loss under a combined placement insurance policy, Continental and Contractor will adjust the premium amounts paid by each party in accordance with the provisions set forth in Paragraph B(7B(5) of Schedule 3.. INDEMNIFICATION

Appears in 1 contract

Samples: Capacity Purchase Agreement (Continental Airlines Inc /De/)

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