Annual Excess Fuel Burn Amount Sample Clauses

Annual Excess Fuel Burn Amount. [CONFIDENTIAL PORTION OMITTED AND FILED SEPARATELY WITH THE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]. [CONFIDENTIAL PORTION OMITTED AND FILED SEPARATELY WITH THE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT].
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Annual Excess Fuel Burn Amount. Boeing will pay to Customer, for a period not exceeding [**************] the delivery of each 787-9 Aircraft, [***************************************] for the immediately preceding calendar year (Annual Period), as adjusted, if at all, pursuant to paragraph 3.3 below. “[***]” This information is subject to confidential treatment and has been omitted and filed separately with the commission 3.1.1 The Annual Excess Fuel Burn Amount is the sum of each Monthly Excess Fuel Burn Amount (as defined below) for all months in such Annual Period. The Monthly Excess Fuel Burn Amount is defined as and will be calculated in accordance with the following formula: Monthly Excess Fuel Burn Amounty = [****************************************] The following definitions will apply herein: BFD = the average block fuel deviation, in percent. Only positive values of BFD will be used. BFg = The Block Fuel Guarantee value for paragraph 2.3.1 of the Performance Guarantees shown in the guarantee compliance report and calculated in accordance with section 1 above. BFd = The demonstrated block fuel value for paragraph 2.3.1 of the Performance Guarantees shown in the guarantee compliance report and calculated in accordance with section 1 above. FLTFUELy = Total fuel burned (USG) by the applicable 787-9 Aircraft for month (y) as determined by Customer’s monthly fuel records. FUELCOSTy = The average fuel cost in each month (y) for the applicable 787-9 Aircraft in U.S. Dollars per USG as determined by Customer’s monthly fuel records. 3.1.2 Customer will provide to Boeing, within [***************] following the end of each Annual Period, the FLTFUELy and FUELCOSTy data (Fuel Data) in a single summarized submittal for all applicable 787-9 Aircraft. 3.1.3 Boeing will review the Fuel Data. At its option, Boeing may request additional information from Customer to further substantiate the Fuel Data. Such additional information will not be unreasonably requested by Boeing, nor unreasonably withheld by Customer. 3.1.4 In the event Customer does not provide the Fuel Data within the [*************] requirement set forth above for any Annual Period, Customer will forfeit any and all rights to payment from Boeing for any such non-provided Fuel Data, and Boeing will have no further obligation to pay Customer for such non-provided Fuel Data.
Sample 1
Annual Excess Fuel Burn Amount. [*CTR] [*CTR] [*CTR] [*CTR] [*CTR] [*CTR]
Sample 1
Annual Excess Fuel Burn Amount. [****] [****] [****] [****] [****] [****]
Sample 1
Annual Excess Fuel Burn Amount. Boeing will pay to Customer, for a period after the delivery of each Aircraft, an amount equal to the Annual Excess Fuel Burn Amount for the immediately preceding calendar year (Annual Period), as adjusted, if at all, pursuant to paragraph 5.4. 5.2.1 The Annual Excess Fuel Burn Amount is a U.S. Dollar amount [*CTR]. The Monthly Excess Fuel Burn Amount is a [*CTR] defined as, and will be calculated in accordance with, the following formula [*CTR] The following definitions will apply: 11 [*CTR] [*CTR] [*CTR]. [*CTR] [*CTR] [*CTR] 5.2.2 Customer will rovide to Boein , within [*CTR] following the end of each Annual Period, the [*CTR] for each month in the Annual Period (Fuel Data ) in a singe summarize submittal for all applicable Aircraft. 5.2.3 Boeing will review the Fuel Data. Boeing may request additional informaiton from Customer to further substantiate the Fuel Data. Such additional informaiton will not be unreasonably requested by Boeing, nor unreasonably withheld by Customer. 5.2.4 If Customer does not provide the Fuel Data within the - - requirement, pursuant to paragraph 5.2.2, for any Annual Period, then Customer will forfeit any and all rights to payment from Boeing for any such Annual Period and Boeing will have no further obligation to pay Customer any Annual Excess Fuel Burn Amount for such Annual Period.
Sample 1
Annual Excess Fuel Burn Amount. Boeing will pay to Customer annually for a period not exceeding [ * ] after the delivery of each such Aircraft, an amount equal to the Annual [ * ] Amount for the immediately preceding calendar year. The "ANNUAL [ * ] AMOUNT" is the sum of each Monthly [ * ] Amount (as defined below) for all months in such Annual Period. The "MONTHLY [ * ] AMOUNT" is defined as and shall be calculated in accordance with the following formula: [ * ] [GRAPHIC OMITTED] [ * ] [GRAPHIC OMITTED]
Sample 1

Related to Annual Excess Fuel Burn Amount

  • Return Amount Subject to Paragraph 3 and Paragraph 4, upon a demand made by the Transferor on or promptly following a Valuation Date, if the Return Amount for that Valuation Date equals or exceeds the Transferee’s Minimum Transfer Amount, then the Transferee will transfer to the Transferor Equivalent Credit Support specified by the Transferor in that demand having a Value as of the date of transfer as close as practicable to the applicable Return Amount (rounded pursuant to Paragraph 11(b)(iii)(D)) and the Credit Support Balance will, upon such transfer, be reduced accordingly. Unless otherwise specified in Paragraph 11(b), the “Return Amount” applicable to the Transferee for any Valuation Date will equal the amount by which: (i) the Value as of that Valuation Date of the Transferor’s Credit Support Balance (adjusted to include any prior Delivery Amount and to exclude any prior Return Amount, the transfer of which, in each case, has not yet been completed and for which the relevant Settlement Day falls on or after such Valuation Date). exceeds (ii) the Credit Support Amount.

  • Minimum Current Ratio The Borrower will not, as of the last day of any Fiscal Quarter (commencing with the Fiscal Quarter ending June 30, 2018), permit the Current Ratio to be less than 1.00 to 1.00.

  • Minimum Excess Availability Borrower shall have Excess Availability under the Revolving Credit Loans facility of not less than the amount specified in the Schedule, after giving effect to the initial advance hereunder and after giving effect to any applicable Loan Reserves against borrowing availability under the Revolving Credit Loans.

  • Maximum Annual Operating Expense Limit The Maximum Annual Operating Expense Limit with respect to each Fund shall be the amount specified in Schedule A based on a percentage of the average daily net assets of each Fund.

  • Consolidated Excess Cash Flow Subject to Section 2.14(g), if there shall be Consolidated Excess Cash Flow for any Fiscal Year beginning with the Fiscal Year ending December 31, 2018, the Borrowers shall, within ten Business Days of the date on which the Borrowers are required to deliver the financial statements of Holdings and its Restricted Subsidiaries pursuant to Section 5.1(b), prepay the Loans and/or certain other Obligations as set forth in Section 2.15(b) in an aggregate amount equal to (i) 50% of such Consolidated Excess Cash Flow minus (ii) voluntary prepayments of the Loans, First Lien Loans or Refinanced Debt (as defined in the First Lien Credit Agreement) made during such Fiscal Year (excluding repayments of revolving First Lien Loans or Refinanced Debt (as defined in the First Lien Credit Agreement) except to the extent the applicable revolving credit commitments are permanently reduced in connection with such repayments) paid from Internally Generated Cash (provided that such reduction as a result of prepayments made pursuant to Section 10.6(k) shall be limited to the actual amount of cash used to prepay principal of Term Loans, First Lien Loans or Refinanced Debt (as defined in the First Lien Credit Agreement) (as opposed to the face amount thereof)); provided, if, as of the last day of the most recently ended Fiscal Year, the Consolidated Total Net Leverage Ratio (determined for such Fiscal Year by reference to the Compliance Certificate delivered pursuant to Section 5.1(c) calculating the Consolidated Total Net Leverage Ratio as of the last day of such Fiscal Year) shall be (A) less than or equal to 4.50:1.00 but greater than 4.00:1.00, the Borrowers shall only be required to make the prepayments and/or reductions otherwise required hereby in an amount equal to (1) 25% of such Consolidated Excess Cash Flow minus (2) voluntary repayments of the Loans, First Lien Loans or Refinanced Debt (as defined in the First Lien Credit Agreement) made during such Fiscal Year (excluding repayments of revolving First Lien or Refinanced Debt (as defined in the First Lien Credit Agreement) except to the extent the applicable revolving credit commitments are permanently reduced in connection with such repayments) paid from Internally Generated Cash (provided that such reduction as a result of prepayments made pursuant to Section 10.6(k) shall be limited to the actual amount of cash used to prepay principal of Term Loans, First Lien Loans or Refinanced Debt (as defined in the First Lien Credit Agreement) (as opposed to the face amount thereof)) and (B) less than or equal to 4.00:1.00, the Borrowers shall not be required to make the prepayments and/or reductions otherwise required by this Section 2.14(e).

  • Minimum Call-Back Time All employees who are called out and required to work in an emergency outside their regular working hours shall be paid for a minimum of two (2) hours at overtime rates and shall be paid from the time they leave home to report for duty until the time they arrive back upon proceeding directly from work.

  • Reallocation to a Class with a Lower Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position and chooses to remain in the reallocated position, the employee retains the existing appointment status and has the right to be placed on the Employer’s internal layoff list for the classification occupied prior to the reallocation. 2. If the employee chooses to vacate the position or does not meet the skills and abilities requirements of the position, the layoff procedure specified in Article 31 of this Agreement applies.

  • Night Shift Differential Unit 12 employees who regularly work shifts shall receive a night shift differential as set forth below: A. Employees shall qualify for the first night shift pay differential of forty (40) cents per hour where four (4) or more hours of the regularly scheduled work shift falls between 6 p.m. and 12 midnight. B. Employees shall qualify for the second night shift pay differential of fifty (50) cents per hour where four (4) or more hours of the regularly scheduled work shift fall between 12 midnight and 6 a.m. C. A "regularly scheduled work shift" are those regularly assigned work hours established by the department director or designee.

  • Aggregate Net Assets For each Retirement Distribution Portfolio, Aggregate Net Assets include the net assets of all the JHF II Retirement Distribution Portfolios.

  • Annual Percentage Rate Each Receivable has an APR of not more than 25.00%.

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