ADJUSTMENT TO MAINTENANCE PAYMENTS Sample Clauses

ADJUSTMENT TO MAINTENANCE PAYMENTS. 23 5.4 (i) Conditions Precedent to Reimbursement for Eligible Claims.. 24 (ii) Credits and Payments from Reserve Accounts................. 25 (iii) Foreign Object Damage Generated Shop Visit................. 28
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ADJUSTMENT TO MAINTENANCE PAYMENTS. With regard to the Maintenance Payment set forth in subdivision (iv) of Clause 5.2 with respect to the Engines, the following will apply: Lessee shall pay to Lessor USD$ 210 per Engine Flight Hour based on an average yearly Ambient Temperature of equal or below 75 Degrees F and an hours/cycles ratio equal to or higher than 3:1. Annually on the first and each subsequent anniversary of the Delivery Date,
ADJUSTMENT TO MAINTENANCE PAYMENTS. With regard to the Maintenance Payment set forth in subdivision (iv) of Clause 5.2 with respect to the Engines, the following will apply: Lessee shall pay to Lessor USD$ 210 per Engine Flight Hour based on an average yearly Ambient Temperature of equal or below 75 Degrees F and an hours/cycles ratio equal to or higher than 3:1. Annually on the first and each subsequent anniversary of the Delivery Date, (i) this average Ambient Temperature will be reconciled against average monthly temperatures for the preceding 12-month period at the outstation actually utilized by Lessee, by the method of adding average Ambient Temperatures per take-off and dividing by the total number of flights and (ii) this hours/cycles ratio will be reconciled with the actual hours and cycles flown during the preceding 12-month period. If the actual average Ambient Temperature so calculated exceeds 75 Degrees F, and/or if the actual hours/cycles ratio so calculated is less than 3:1, such Maintenance Payment shall be recalculated in accordance with Table 1 below, and Lessee shall immediately upon demand pay the difference between the actual monies paid by Lessee for such period and such recalculated Maintenance Payment. Lessee shall provide Lessor, on an annual basis, with its projections of the hours/cycles ratio for the next succeeding period of twelve months.
ADJUSTMENT TO MAINTENANCE PAYMENTS. 27 5.4 (i) CONDITIONS PRECEDENT TO REIMBURSEMENT FOR ELIGIBLE CLAIMS..................... 29 (ii) CREDITS AND PAYMENTS FROM RESERVE ACCOUNTS.................................... 30 (iii) FOREIGN OBJECT DAMAGE GENERATED SHOP VISIT.................................... 34

Related to ADJUSTMENT TO MAINTENANCE PAYMENTS

  • Annual Maintenance Fee In consideration of the license granted to Licensee under Section 2.1, Licensee shall pay Licensor on-going annual maintenance fees of **** on each anniversary of the Effective Date.

  • Increased Costs and Reduction of Return (a) If any Lender determines that due to either (i) the introduction of or any change in the interpretation of any law or regulation or (ii) the compliance by that Lender with any guideline or request from any central bank or other Governmental Authority (whether or not having the force of law), there shall be any increase in the cost to such Lender of agreeing to make or making, funding or maintaining any LIBOR Rate Loans, then the Borrowers shall be liable for, and shall from time to time, upon demand (with a copy of such demand to be sent to the Agent), pay to the Agent for the account of such Lender, additional amounts as are sufficient to compensate such Lender for such increased costs.

  • Operating Expense Payments Landlord shall deliver to Tenant a written estimate of Operating Expenses for each calendar year during the Term (the “Annual Estimate”), which may be revised by Landlord from time to time during such calendar year. During each month of the Term, on the same date that Base Rent is due, Tenant shall pay Landlord an amount equal to 1/12th of Tenant’s Share of the Annual Estimate. Payments for any fractional calendar month shall be prorated.

  • Payments Pro Rata Treatment Computations Etc 28 Section 4.01 Payments..............................................................................28 Section 4.02 Pro Rata Treatment....................................................................28 Section 4.03 Computations..........................................................................29 Section 4.04 Non-receipt of Funds by the Administrative Agent......................................29 Section 4.05 Set-off, Sharing of Payments, Etc.....................................................29 Section 4.06 Taxes.................................................................................30

  • Treatment of Tax Indemnity and Tax Benefit Payments In the absence of any change in Tax treatment under the Code or other applicable Tax Law,

  • Deferred Maintenance Borrower shall, within six (6) months of the date hereof, perform the deferred maintenance work (the “Deferred Maintenance”) to the Property itemized on Exhibit B hereto. Furthermore, Borrowers shall diligently perform, or cause to be performed, in a timely and workmanlike manner all repairs and maintenance contemplated by and itemized in the Approved Budget.

  • Ratable Allocation of Premium So long as each Fund continues to operate as an investment company, each Fund agrees to pay its proportionate share of the total premium due under the Policy, which share shall be determined based on each Fund’s proportionate share of the sum of the premiums that would have been paid if such insurance coverage were purchased separately by the Funds.

  • Payment of Premium Increases (a) As used herein, the term "

  • Interest Subsidy and Special Allowance Payments and Rebate Fees The Seller shall be entitled to all Interest Subsidy Payments and Special Allowance Payments on each Additional Loan or Substituted Loan accruing up to but not including the related Subsequent Cutoff Date and shall be responsible for the payment of any rebate fees applicable to such Purchased Loans subject to the related Xxxx of Sale accruing up to but not including the related Subsequent Cutoff Date. The Purchaser and the Eligible Lender Trustee on behalf of the Purchaser shall be entitled to all Special Allowance Payments and Interest Subsidy Payments accruing from the related Subsequent Cutoff Date with respect to the Additional Loans or Substituted Loans, and shall be responsible for the payment of any rebate fees applicable to the Additional Loans accruing from the date of the related Subsequent Cutoff Date.

  • Adjustment of Fees Trust acknowledges that from time to time after the first anniversary of the Effective Date, Administrator may increase all non-asset based Fees upon sixty days written notice to the Trust, in an amount equal to the greater of: (a) five percent; or (b) the percentage increase in the CPI since the Effective Date of the first such increase and since the date of the immediately preceding increase with respect to all subsequent increases; provided, however, that Administrator may not increase the Fees more than one time during any twelve-month period. Notwithstanding the above, in the event of an increase to Administrator’s costs for Special Third Party Services, Administrator may at any time upon thirty days written notice increase the Fees applicable to such Special Third Party Services, provided, that such fee increase will not exceed the applicable percentage increase in costs incurred by Administrator with respect to such Special Third Party Services.

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