Common use of Annual Rate Changes Clause in Contracts

Annual Rate Changes. A. No later than sixty (60) days prior to the end of each Fiscal Year, AUTHORITY shall notify AIRLINE of the proposed schedule of rates for rentals, fees, and charges for the ensuing Fiscal Year. Said rates shall be determined and presented to AIRLINE substantially in conformance with the methods and format set forth in Exhibit F, attached hereto. In addition, AUTHORITY shall notify AIRLINE in writing of its intent to undertake Capital Expenditures not excluded from MII consideration pursuant to Section 9.02.

Annual Rate Changes. A. No later than sixty (60) days prior to the end of each Fiscal Year, AUTHORITY shall notify AIRLINE of the proposed schedule of rates for rentals, fees, and charges for the ensuing Fiscal Year. Said rates shall be based upon AUTHORITY budgeted Revenues, O&M Expenses, Debt Service, Debt Service Coverage, Other Debt Service, Amortization Requirements, and Capital Expenditures less than $300,000, and required reserves, determined and presented to AIRLINE substantially in conformance with the methods and format set forth in Exhibit F, attached hereto. In addition, AUTHORITY shall notify AIRLINE in writing of its intent to undertake Capital Expenditures not excluded from MII consideration pursuant to Section 9.02.E.

Annual Rate Changes. A. No later than sixty (60) days prior to the end of each Fiscal Year, AUTHORITY shall notify AIRLINE of the proposed schedule of rates for rentals, fees, and charges for the ensuing Fiscal Year. Said rates shall be determined and presented to AIRLINE substantially in conformance with the methods and format set forth in Exhibit F, attached hereto. In addition, AUTHORITY shall notify AIRLINE in writing of its intent to undertake Capital Expenditures not excluded from MII consideration pursuant to Section 9.02.

Annual Rate Changes. A. No later than sixty (60) days prior to the end of each Fiscal Year, AUTHORITY NOAB shall notify AIRLINE of the proposed schedule of rates for rentals, fees, and charges for the ensuing Fiscal Year. Said rates shall be determined and presented to AIRLINE substantially in conformance with the methods and format set forth in Exhibit F, attached hereto. In addition, AUTHORITY shall notify AIRLINE in writing of its intent to undertake Capital Expenditures not excluded from MII consideration pursuant to Section 9.02.