Annual Adjustment Factors Sample Clauses

Annual Adjustment Factors. Effective as of each *, Contractor and United agree to increase or decrease all * within the * for the ensuing contract year by *. Contractor and United agree to review the interrupted trip expense * after execution of this agreement. If Contractor's actual uncontrollable costs are below $* per passenger, Contractor will reduce this rate to the actual cost for the remainder of this agreement.
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Annual Adjustment Factors. Effective as of January 1st 2005 and each January 1st thereafter for the term of this agreement, Contractor and United agree to increase or leave constant all Carrier Controlled Costs, excluding aircraft ownership, within the Reimbursement Categories for the ensuing contract year by an amount equal to the then applicable Carrier Controlled Costs multiplied by the applicable “Annual Adjustment Factors” set forth on Appendix E. Rates shall be adjusted in accordance with the procedures set forth in Appendix E. Except as expressly provided in this Agreement, the parties do not want to perform, and have not provided for, any additional rate changes, rate negotiations or rate setting process. Annual CPI increases (if any) are to be capped at [*]. If during any year during the first [*] of the term of this Agreement, CPI is negative, the rates that are subject to CPI adjustment for such year will remain unchanged. If during any year after the first [*] of the term of this Agreement, (a) CPI is between [*] and [*], the rates that are subject to CPI adjustment for such year will increase by CPI [*]; (b) CPI is a negative number in excess of [*], the rates that are subject to CPI adjustment for such year will remain unchanged.
Annual Adjustment Factors. Effective as of each anniversary of the Effective Date, Contractor and United agree to increase or decrease all Carrier Controlled Costs, excluding, with respect to Aircraft Used in United Express Service, aircraft lease payments determined under Generally Accepted Accounting Principles (with respect to leased aircraft), interest payments on aircraft acquisition indebtedness, and depreciation taken in accordance with Generally Accepted Accounting Principles (for Contractor owned aircraft) (such lease and interest payments, and depreciation are referred to collectively herein as “Contractor’s Aircraft Ownership Costs”), within the Reimbursement Categories for the ensuing contract year by an amount equal to the then applicable Carrier Controlled Costs multiplied by the applicable “Annual Adjustment Factors” set forth on Appendix E. Rates shall be adjusted in accordance with the procedures set forth in Appendix E. Except as expressly provided in this Agreement, the parties do not want to implement, and have not provided for, any additional rate changes, rate negotiations or rate setting process. For example, if as of the anniversary of the Effective Date, for the Completed Block Hours Reimbursement Category, the rate is **** and the annual adjustment factor ****, then the annual Carrier Controlled Cost element effective as of such the anniversary of this Agreement shall be ****.
Annual Adjustment Factors. Effective as of each [*] of the Effective Date of Amendment 163872-1, Contractor and United agree to increase or decrease for [*] covered in the Agreement, all [*].
Annual Adjustment Factors. Effective as of January 1st 2005 and each January 1st thereafter for the term of this agreement, Contractor and United agree to increase or leave constant all Carrier Controlled Costs, excluding aircraft ownership, within the Reimbursement Categories for the ensuing contract year by an amount equal to the then applicable Carrier Controlled Costs multiplied by the applicable “Annual Adjustment Factors” set forth on Appendix E. Rates shall be adjusted in accordance with the procedures set forth in Appendix E. Except as expressly provided in this Agreement, the parties do not want to perform, and have not provided for, any additional rate changes, rate negotiations or rate setting process. Annual CPI increases (if any) are to be capped at [*]. If during any year during the first [*] of the term of this Agreement, CPI is negative, the rates that are subject to CPI adjustment for such year will remain unchanged. If during any year after the first [*] of the term of this Agreement, (a) CPI is between [*] and [*], the rates that are subject to CPI adjustment for such year will increase by CPI [*]; (b) CPI is a negative number in excess of [*], the rates that are subject to CPI adjustment for such year will remain unchanged. Example. For example, if as January 1, 2005, , the rate for the Completed Block Hours Reimbursement Category is [*] per block hour and the CPI adjustment factor is [*], then the annual the Carrier Controlled Cost element effective as of such anniversary of this Agreement shall be [*] ([*] multiplied by [*]). 6. “CPI” shall mean the Consumer Price Index, U.S. City Average, Urban Wage Earners and Clerical Workers, All Items (base index year 1982-1984=100) as published by the United States Department of Labor, Bureau of Labor Statistics. If the manner in which the Consumer Price Index as determined by the Bureau of Labor Statistics shall be substantially revised, including, without limitation, a change in the base index year, an adjustment shall be made by the parties in such revised index which would produce results equivalent, as nearly as possible, to those which would have been obtained if such Consumer Price Index had not been so revised. If the Consumer Price Index shall become unavailable to the public because publication is not readily available to enable the parties to make the adjustment referred to in this Section, then the parties shall mutually agree to substitute therefore a comparable index based upon changes in the cost of living ...

Related to Annual Adjustment Factors

  • Annual Adjustment At the end of each Fiscal Year and following receipt by Manager of the annual accounting referred to in Article 10, an adjustment will be made to such annual account, if necessary and if available, so that the appropriate amount shall have been deposited in the Reserve.

  • Annual Adjustments Base Rent shall be increased on each annual anniversary of the first day of the first full month during the Term of this Lease (each an “Adjustment Date”) by multiplying the Base Rent payable immediately before such Adjustment Date by the Rent Adjustment Percentage and adding the resulting amount to the Base Rent payable immediately before such Adjustment Date. Base Rent, as so adjusted, shall thereafter be due as provided herein. Base Rent adjustments for any fractional calendar month shall be prorated.

  • True-Up Adjustments From time to time, until the Retirement of the Recovery Bonds, the Servicer shall identify the need for True-Up Adjustments and shall take all reasonable action to obtain and implement such True-Up Adjustments, all in accordance with the following:

  • Salary Adjustment The salary of an employee returning from uncompensated leave shall be adjusted to reflect all non-discretionary increases distributed during the period of leave. While on such leave, an employee shall be eligible to participate in any special salary incentive programs.

  • Adjustments to Number of Shares The number of shares of Common Stock subject to this Option shall be adjusted to take into account any stock splits, stock dividends, recapitalization of the Common Stock as provided in the Stock Option Plan.

  • Performance Adjustment One-twelfth of the annual Performance Adjustment Rate will be applied to the average of the net assets of the Portfolio (computed in the manner set forth in the Fund's Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month and the performance period.

  • Adjustment, etc Any adjustment, indulgence, forbearance or compromise that might be granted or given by any of the Lenders to Borrower or Guarantor or any Person liable on the Liabilities;

  • Adjustment of Number of Shares Upon each adjustment in the Warrant Price, the number of Shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

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