Common use of APU Overhaul Reserve Clause in Contracts

APU Overhaul Reserve. (i) Pursuant to Section 13.1 of the Lease, Lessee shall pay Lessor (x) ***** with respect to an APU manufactured by Honeywell or, if applicable, (y) ***** with respect to an APU manufactured by APIC, multiplied by the number of APU Hours of operation of the APU during each Rent Period (the then current balance of all such payments received from Lessee and held by Lessor, net of disbursements made pursuant to this Appendix 2D, is hereinafter referred to as the “APU Overhaul Reserve”). (ii) Subject to the conditions and exclusions contained in this Appendix 2D, Lessor will reimburse Lessee (or, at Lessee’s written instruction, pay on behalf of Lessee) from the APU Overhaul Reserve an amount equal to Lessee’s Actual Cost incurred in connection with the accomplishment by Lessee of an APU Overhaul on the APU during the Lease Term (all such qualifying expenses are hereinafter referred to as “APU Overhaul Reimbursable Expenses”), provided that at the time of completion of such APU Overhaul, as a minimum: (a) the APU was restored to a condition such that it can be reasonably expected to operate for a minimum of five thousand (5,000) APU Hours without any requirement for a shop visit prior to the expiration of such time; (b) each Life Limited Part installed in the APU had no less than five thousand (5,000) APU Cycles remaining to its life limit; and ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. the APU was in compliance with all AD’s to the extent that, by the terms of each AD, compliance was required within any of (i) five thousand APU Hours, or (ii) five thousand (5,000) APU Cycles, or (iii) twenty-four (24) months, as applicable.

APU Overhaul Reserve. (i) Pursuant to Section 13.1 of the Lease, Lessee shall pay Lessor (x) ***** with respect to an APU manufactured by Honeywell or, if applicable, (y) ***** with respect to an APU manufactured by APIC, multiplied by the number of APU Hours of operation of the APU during each Rent Period Calendar Month (the then current balance of all such payments received from Lessee and held by Lessor, net of disbursements made pursuant to this Appendix 2DXxxxxxxx 0X, is hereinafter referred to as the “APU Overhaul Reserve”). ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. (ii) Subject to the conditions and exclusions contained in this Appendix 2D2C, Lessor will reimburse Lessee (or, at Lessee’s written instruction, pay on behalf of Lessee) from the APU Overhaul Reserve an amount equal to Lessee’s Actual Cost incurred in connection with the accomplishment by Lessee of an APU Overhaul on the APU during the Lease Term (all such qualifying expenses are hereinafter referred to as “APU Overhaul Reimbursable Expenses”), provided that at the time of completion of such APU Overhaul, as a minimum: (a) the APU was restored to a condition such that it can be reasonably expected to operate for a minimum of five thousand (5,000) APU Hours without any requirement for a shop visit prior to the expiration of such time; (b) each Life Limited Part installed in the APU had no less than five thousand (5,000) APU Cycles remaining to its life limit; and ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. and (c) the APU was in compliance with all AD’s to the extent that, by the terms of each AD, compliance was required within any of (i) five thousand APU Hours, or (ii) five thousand (5,000) APU Cycles, or (iii) twenty-four (24) months, as applicable. (iii) Notwithstanding anything to the contrary in the preceding clause (ii), solely with respect to the first APU Overhaul accomplished by Lessee following the Delivery Date, in addition to the amount paid by Lessee with respect to the APU Overhaul Reserve, Lessor shall reimburse Lessee, or pay Lessee’s maintenance provider as directed by Lessee, the lesser of: (a) the amount by which (I) the APU Overhaul Reimbursable Expenses incurred during the first Overhaul accomplished for the APU following the Delivery Date exceeds (II) the amount that Lessee was required under this Lease to pay with respect to the APU Overhaul Reserve with respect to the APU; or (b) the amount equal to APU Overhaul Reserve Rate set forth in clause (i) above (as of the Delivery Date and without adjustment for inflation) multiplied by the number of APU Hours of operation accumulated since the later of the date that the APU was delivered new or the date of accomplishment of the most recent APU Overhaul on the APU at the time of Delivery.

APU Overhaul Reserve. (i) Pursuant to Section 13.1 of the Lease, Lessee shall pay Lessor Forty-Four Dollars (x$44.00) ***** with respect to an APU manufactured by Honeywell or, if applicable, (y) ***** with respect to an APU manufactured by APIC, multiplied by the number of APU Hours of operation of the APU during each Rent Period Calendar Month (the then current balance of all such payments received from Lessee and held by Lessor, net of disbursements made pursuant to this Appendix 2DXxxxxxxx 0X, is hereinafter referred to as the “APU Overhaul Reserve”). (ii) Subject to the conditions and exclusions contained in this Appendix 2D2C, Lessor will reimburse Lessee (or, at Lessee’s written instruction, pay on behalf of Lessee) from the APU Overhaul Reserve an amount equal to Lessee’s Actual Cost incurred in connection with the accomplishment by Lessee of an APU Overhaul on the APU during the Lease Term (all such qualifying expenses are hereinafter referred to as “APU Overhaul Reimbursable Expenses”), provided that at the time of completion of such APU Overhaul, as a minimum: (a) the APU was restored to a condition such that it can be reasonably expected to operate for a minimum of five thousand (5,000) APU Hours without any requirement for a shop visit prior to the expiration of such time; (b) each Life Limited Part installed in the APU had no less than five thousand (5,000) APU Cycles remaining to its life limit; and ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. and (c) the APU was in compliance with all AD’s to the extent that, by the terms of each AD, compliance was required within any of (i) five thousand APU Hours, or (ii) five thousand (5,000) APU Cycles, or (iii) twenty-four (24) months, as applicable. ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. (iii) Notwithstanding anything to the contrary in the preceding clause (ii), solely with respect to the first APU Overhaul accomplished by Lessee following the Delivery Date, in addition to the amount paid by Lessee with respect to the APU Overhaul Reserve, Lessor shall reimburse Lessee, or pay Lessee’s maintenance provider as directed by Lessee, the lesser of: (a) the amount by which (I) the APU Overhaul Reimbursable Expenses incurred during the first Overhaul accomplished for the APU following the Delivery Date exceeds (II) the amount that Lessee was required under this Lease to pay with respect to the APU Overhaul Reserve with respect to the APU; or (b) the amount equal to APU Overhaul Reserve Rate set forth in clause (i) above (as of the Delivery Date and without adjustment for inflation) multiplied by the number of APU Hours of operation accumulated since the later of the date that the APU was delivered new or the date of accomplishment of the most recent APU Overhaul on the APU at the time of Delivery.

APU Overhaul Reserve. (i) Pursuant to Section 13.1 of the Lease, Lessee shall pay Lessor (x) ***** with respect to an APU manufactured by Honeywell or, if applicable, (y) ***** with respect to an APU manufactured by APIC, multiplied by the number of APU Hours of operation of the APU during each Rent Period (the then current balance of all such payments received from Lessee and held by Lessor, net of disbursements made pursuant to this Appendix 2D, is hereinafter referred to as the “APU Overhaul Reserve”). (ii) Subject to the conditions and exclusions contained in this Appendix 2D, Lessor will reimburse Lessee (or, at Lessee’s written instruction, pay on behalf of Lessee) from the APU Overhaul Reserve an amount equal to Lessee’s Actual Cost incurred in connection with the accomplishment by Lessee of an APU Overhaul on the APU during the Lease Term (all such qualifying expenses are hereinafter referred to as “APU Overhaul Reimbursable Expenses”), provided that at the time of completion of such APU Overhaul, as a minimum: (a) the APU was restored to a condition such that it can be reasonably expected to operate for a minimum of five thousand (5,000) APU Hours without any requirement for a shop visit prior to the expiration of such time; (b) each Life Limited Part installed in the APU had no less than five thousand (5,000) APU Cycles remaining to its life limit; and ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. . (c) the APU was in compliance with all AD’s to the extent that, by the terms of each AD, compliance was required within any of (i) five thousand APU Hours, or (ii) five thousand (5,000) APU Cycles, or (iii) twenty-four (24) months, as applicable.