Common use of Calculation of Hours of Operation Clause in Contracts

Calculation of Hours of Operation. For purposes of Rental Payments, hours of operation for each Rental Period shall be calculated (1) from the time the Aircraft takes off to the time it lands.

Appears in 7 contracts

Samples: Aircraft Dry Lease Agreement (Blackstone Inc.), Aircraft Dry Lease Agreement (Blackstone Group Inc), Aircraft Dry Lease Agreement (Blackstone Group Inc)

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Calculation of Hours of Operation. For purposes of Rental Payments, hours of operation for each Rental Period shall be calculated (1a) from the time the Aircraft takes off to the time it lands, and (b) hours of operation shall include flights to return the Aircraft to Lessor at the end of Rental Period.

Appears in 3 contracts

Samples: Aircraft Dry Lease Agreement (Blackstone Inc.), Aircraft Dry Lease Agreement (Blackstone Inc.), Aircraft Dry Lease Agreement (Blackstone Group L.P.)

Calculation of Hours of Operation. For purposes of Rental Payments, hours of operation for each Rental Period shall be calculated (1) from the time the Aircraft takes off to the time it lands.. BLACKSTONE DRY LEASE - PAGE 2 OF 9

Appears in 2 contracts

Samples: Aircraft Dry Lease Agreement (Blackstone Group Inc), Aircraft Dry Lease Agreement (Blackstone Group L.P.)

Calculation of Hours of Operation. For purposes of Rental Payments, hours of operation for each Rental Period shall be calculated (1) from the time the Aircraft takes off to the time it lands.

Appears in 1 contract

Samples: Aircraft Dry Lease Agreement (Blackstone Group L.P.)

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Calculation of Hours of Operation. For purposes of Rental Paymentsrental payments, hours of operation for each Rental Period shall be calculated (1) from the time the Aircraft takes off to the time it lands, and (2) hours of operation shall include flights to return the Aircraft to Lessor at the end of Rental Period.

Appears in 1 contract

Samples: Aircraft Dry Lease Agreement (Blackstone Group L.P.)

Calculation of Hours of Operation. For purposes of Rental Paymentsrental payments, hours of operation for each Rental Period shall be calculated (1a) from the time the Aircraft takes off to the time it lands, and (b) hours of operation shall include flights to return the Aircraft to Lessor at the end of Rental Period.

Appears in 1 contract

Samples: Master Aircraft Dry Lease Agreement (Blackstone Group L.P.)

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