Common use of Annual Margin Adjustment Payment Clause in Contracts

Annual Margin Adjustment Payment. With respect to each calendar year through and including 2007, the Margin will be subject to the floors and ceilings in the following table: Period: Revision Date – 2005 2006 & 2007 Ceiling: 11 % 12 % Floor: 9 % 8 % With respect to each calendar year through and including 2007, if the Margin is less than the applicable Floor, Pinnacle shall receive from Northwest an amount determined as follows: Ppin = [Total Operating Cost/(1 - Floor)] – Rev where Ppin is the amount payable to Pinnacle, Rev is Total Operating Revenue for Regional Airline Services for the applicable calendar year excluding the items listed in Section 5.09 (a), Floor is the applicable floor from the above table, and Total Operating Cost excludes Items 1-11 in Section 5.09(a) above. With respect to each calendar year through and including 2007, if the Margin is greater than the applicable Ceiling, Northwest shall receive from Pinnacle an amount determined as follows: Pnw = Rev - [Total Operating Cost/(1 - Ceiling)] where, Pnw is the amount payable to Northwest, Rev is Total Operating Revenue for Regional Airline Services for the applicable calendar year excluding the items listed in Section 5.09 (a), Ceiling is the applicable ceiling from the above table, and Total Operating Cost excludes items 1-11 in Section 5.09(a) above. An amount payable pursuant to this Section 5.09 (b) is a “Margin Adjustment Payment.” Northwest shall add in or setoff, as appropriate, any Margin Adjustment Payment in the next wire transfer due to Pinnacle.

Annual Margin Adjustment Payment. With respect to each calendar year through and including 2007, the Margin will be subject to the floors and ceilings in the following table: Period: Revision Effective Date – 2005 2006 & 2007 Ceiling: 11 15 % 12 16 % Floor: 9 13 % 8 12 % With respect to each calendar year through and including 2007, if the Margin is less than the applicable Floor, Pinnacle shall receive from Northwest an amount determined as follows: Ppin = [Total Operating Cost/(1 - Floor)] – Rev where Ppin is the amount payable to Pinnacle, Rev is Total Operating Revenue for Regional Airline Services for the applicable calendar year excluding the items listed in Section 5.09 (a), Floor is the applicable floor from the above table, and Total Operating Cost excludes Items 1-11 in Section 5.09(a) above. With respect to each calendar year through and including 2007, if the Margin is greater than the applicable Ceiling, Northwest shall receive from Pinnacle an amount determined as follows: Pnw = Rev - [Total Operating Cost/(1 - Ceiling)] where, Pnw is the amount payable to Northwest, Rev is Total Operating Revenue for Regional Airline Services for the applicable calendar year excluding the items listed in Section 5.09 (a), Ceiling is the applicable ceiling from the above table, and Total Operating Cost excludes items 1-11 in Section 5.09(a) above. An amount payable pursuant to this Section 5.09 (b) is a “Margin Adjustment Payment.” Northwest shall add in or setoff, as appropriate, any Margin Adjustment Payment in the next wire transfer due to Pinnacle.

Annual Margin Adjustment Payment. With respect to each calendar year through and including 20072007 (with the exception of 2002 for which the applicable period is March 1, 2002 through December 31, 2002), the Margin will be subject to the floors and ceilings in the following table: Period: Revision Effective Date – 2005 2006 & 2007 Ceiling: 11 15 % 12 16 % Floor: 9 13 % 8 12 % With respect to each calendar year through and including 20072007 (with the exception of 2002 for which the applicable period is March, 1 2002 through December 31, 2002) if the Margin is less than the applicable Floor, Pinnacle shall receive from Northwest an amount determined as follows: Ppin = [Total Operating Cost/(1 - Floor)] – Rev where Ppin is the amount payable to Pinnacle, Rev is Total Operating Revenue for Regional Airline Services for the applicable calendar year excluding the items listed in Section 5.09 (a), Floor is the applicable floor from the above table, and Total Operating Cost excludes Items 1-11 in Section 5.09(a) above. With respect to each calendar year through and including 20072007 (with the exception of 2002 for which the applicable period is March, 1 2002 through December 31, 2002) if the Margin is greater than the applicable Ceiling, Northwest shall receive from Pinnacle an amount determined as follows: Pnw = Rev - [Total Operating Cost/(1 - Ceiling)] where, Pnw is the amount payable to Northwest, Rev is Total Operating Revenue for Regional Airline Services for the applicable calendar year excluding the items listed in Section 5.09 (a), Ceiling is the applicable ceiling from the above table, and Total Operating Cost excludes items 1-11 in Section 5.09(a) above. An amount payable pursuant to this Section 5.09 (b) is a “Margin Adjustment Payment.” Northwest shall add in or setoff, as appropriate, any Margin Adjustment Payment in the next wire transfer due to Pinnacle.

Annual Margin Adjustment Payment. With respect to each calendar year through and including 2007, the Margin will be subject to the floors and ceilings in the following table: Period: Revision Date – - 2005 2006 & 2007 Ceiling: 11 % 12 % 10 % Floor: 9 % 8 % 6 % 38 With respect to each calendar year through and including 2007, if the Margin is less than the applicable Floor, Pinnacle shall receive from Northwest an amount determined as follows: Ppin = [Total Operating Cost/(1 - — Floor)] – — Rev where Ppin is the amount payable to Pinnacle, Rev is Total Operating Revenue for Regional Airline Services for the applicable calendar year excluding the items listed in Section 5.09 (a), Floor is the applicable floor from the above table, and Total Operating Cost excludes Items 1-11 in Section 5.09(a) above. With respect to each calendar year through and including 2007, if the Margin is greater than the applicable Ceiling, Northwest shall receive from Pinnacle an amount determined as follows: Pnw = Rev - — [Total Operating Cost/(1 - — Ceiling)] where, Pnw is the amount payable to Northwest, Rev is Total Operating Revenue for Regional Airline Services for the applicable calendar year excluding the items listed in Section 5.09 (a), Ceiling is the applicable ceiling from the above table, and Total Operating Cost excludes items 1-11 in Section 5.09(a) above. An amount payable pursuant to this Section 5.09 (b) is a “Margin Adjustment Payment.” Northwest shall add in or setoff, as appropriate, any Margin Adjustment Payment in the next wire transfer due to Pinnacle.

Annual Margin Adjustment Payment. With respect to each calendar year through and including 2007, the Margin will be subject to the floors and ceilings in the following table: ----------------------------------------------------------------------- Period: Revision Date – - 2005 2006 & 2007 ----------------------------------------------------------------------- Ceiling: 11 11% 12 12% ----------------------------------------------------------------------- Floor: 9 9% 8 8% ----------------------------------------------------------------------- With respect to each calendar year through and including 2007, if the Margin is less than the applicable Floor, Pinnacle shall receive from Northwest an amount determined as follows: Ppin = [Total Operating Cost/(1 - Floor)] – - Rev where Ppin is the amount payable to Pinnacle, Rev is Total Operating Revenue for Regional Airline Services for the applicable calendar year excluding the items listed in Section 5.09 (a), Floor is the applicable floor from the above table, and Total Operating Cost excludes Items 1-11 in Section 5.09(a) above. With respect to each calendar year through and including 2007, if the Margin is greater than the applicable Ceiling, Northwest shall receive from Pinnacle an amount determined as follows: Pnw = Rev - [Total Operating Cost/(1 - Ceiling)] where, Pnw is the amount payable to Northwest, Rev is Total Operating Revenue for Regional Airline Services for the applicable calendar year excluding the items listed in Section 5.09 (a), Ceiling is the applicable ceiling from the above table, and Total Operating Cost excludes items 1-11 in Section 5.09(a) above. An amount payable pursuant to this Section 5.09 (b) is a “"Margin Adjustment Payment.” " Northwest shall add in or setoff, as appropriate, any Margin Adjustment Payment in the next wire transfer due to Pinnacle.

Annual Margin Adjustment Payment. With respect to each calendar year through and including 2007, the Margin will be subject to the floors and ceilings in the following table: Period: Revision Date – — 2005 2006 & 2007 Ceiling: 11 11% 12 12% Floor: 9 9% 8 8% With respect to each calendar year through and including 2007, if the Margin is less than the applicable Floor, Pinnacle shall receive from Northwest an amount determined as follows: Ppin = [Total Operating Cost/(1 - Floor)] – — Rev where Ppin is the amount payable to Pinnacle, Rev is Total Operating Revenue for Regional Airline Services for the applicable calendar year excluding the items listed in Section 5.09 (a), Floor is the applicable floor from the above table, and Total Operating Cost excludes Items 1-11 in Section 5.09(a) above. With respect to each calendar year through and including 2007, if the Margin is greater than the applicable Ceiling, Northwest shall receive from Pinnacle an amount determined as follows: Pnw = Rev - [Total Operating Cost/(1 - Ceiling)] where, Pnw is the amount payable to Northwest, Rev is Total Operating Revenue for Regional Airline Services for the applicable calendar year excluding the items listed in Section 5.09 (a), Ceiling is the applicable ceiling from the above table, and Total Operating Cost excludes items 1-11 in Section 5.09(a) above. An amount payable pursuant to this Section 5.09 (b) is a “Margin Adjustment Payment.” Northwest shall add in or setoff, as appropriate, any Margin Adjustment Payment in the next wire transfer due to Pinnacle.

Annual Margin Adjustment Payment. With respect to each calendar year through and including 2007, the Margin will be subject to the floors and ceilings in the following table: Period: Revision Date – - 2005 2006 & 2007 ----------------------------------------------------------------------- Ceiling: 11 11% 12 12% ----------------------------------------------------------------------- Floor: 9 9% 8 8% ----------------------------------------------------------------------- With respect to each calendar year through and including 2007, if the Margin is less than the applicable Floor, Pinnacle shall receive from Northwest an amount determined as follows: Ppin = [Total Operating Cost/(1 - Floor)] – - Rev where Ppin is the amount payable to Pinnacle, Rev is Total Operating Revenue for Regional Airline Services for the applicable calendar year excluding the items listed in Section 5.09 (a), Floor is the applicable floor from the above table, and Total Operating Cost excludes Items 1-11 in Section 5.09(a) above. Exhibit I With respect to each calendar year through and including 2007, if the Margin is greater than the applicable Ceiling, Northwest shall receive from Pinnacle an amount determined as follows: Pnw = Rev - [Total Operating Cost/(1 - Ceiling)] where, Pnw is the amount payable to Northwest, Rev is Total Operating Revenue for Regional Airline Services for the applicable calendar year excluding the items listed in Section 5.09 (a), Ceiling is the applicable ceiling from the above table, and Total Operating Cost excludes items 1-11 in Section 5.09(a) above. An amount payable pursuant to this Section 5.09 (b) is a “"Margin Adjustment Payment.” " Northwest shall add in or setoff, as appropriate, any Margin Adjustment Payment in the next wire transfer due to Pinnacle.