Common use of Capacity Reduction/Induction on Existing Sector Clause in Contracts

Capacity Reduction/Induction on Existing Sector. The Minimum Assured Revenue is based on the current schedule of operations and the approximate capacity as indicated above, the Cargo Payload being offered by Air India from the territory of Bangladesh . Any variance/Change in the Cargo Payload or Schedule, the MGR amount would be calculated & corrected to impact the MGR (+/-) accordingly & automatically from the date of schedule amendment ,however the same would be advised by Air India in writing to GSA. In case of capacity reduction or induction from the territory of appointment, including an increase in frequency /Sector, the MGR would be fixed & calculated prorate and equivalent to on 80% of the Quoted MGR for the additional frequency/frequencies, schedule & capacity inducted and MGR would be revised accordingly. Any addition in capacity, the MGR fixed will commensurate @80% of the calculated amount towards additional capacity and the same would be translated to Revenue/quoted MGR. This is done in order to facilitate the GSA in mapping& managing the increase in capacity with the demand. In case of reduction of core capacity, it will be 100% prorate/proportionate to the MGR quoted. In the event of the additional capacity withdrawal which was accounted/mounted @80% as above, the same ratio will be followed accordingly in MGR fixation.

Appears in 1 contract

Samples: General Sales Agency Agreement

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Capacity Reduction/Induction on Existing Sector. The Minimum Assured Revenue is based on the current schedule of operations and the approximate capacity as indicated abovein the RFP, the Cargo Payload being offered by Air India from the territory of Bangladesh Canada . Any variance/Change in the Cargo Payload or Schedule, the MGR amount would be calculated & corrected to impact the MGR (+/-) accordingly & automatically from the date of schedule amendment ,amendment, however the same would be advised by Air India in writing to GSA. In case of capacity reduction or induction from the territory of appointment, including an increase in frequency /Sector, the MGR would be fixed & calculated prorate and equivalent to on 80% of the Quoted MGR for the additional frequency/frequencies, schedule & capacity inducted and MGR would be revised accordingly. Any addition in capacity, the MGR fixed will commensurate @80% proportionate of the calculated amount towards additional capacity and the same would be translated to Revenue/quoted MGR. This is done in order to facilitate the GSA in mapping& managing the increase in capacity with the demand. In case of reduction of core capacity, it will be 100% prorate/proportionate to the MGR quoted. In the event of the additional capacity withdrawal which was accounted/mounted @80% as above, the same ratio will be followed accordingly in MGR fixation.

Appears in 1 contract

Samples: General Sales Agency Agreement

Capacity Reduction/Induction on Existing Sector. The Minimum Assured Revenue is based on the current schedule of operations and the approximate capacity as indicated abovein the RFP, the Cargo Payload being offered by Air India from the territory of Bangladesh UAE(except Abu Dhabi). Any variance/Change in the Cargo Payload or Schedule, the MGR amount would be calculated & corrected to impact the MGR (+/-) accordingly & automatically from the date of schedule amendment ,amendment, however the same would be advised by Air India in writing to GSA. In case of capacity reduction or induction from the territory of appointment, including an increase in frequency /Sector, the MGR would be fixed & calculated prorate and equivalent to on Proportionate of 80% of the Quoted MGR for the additional frequency/frequencies, schedule & capacity inducted and MGR would be revised accordingly. Any addition in capacity, the MGR fixed will commensurate @80% proportionate of the calculated amount towards additional capacity and the same would be translated to Revenue/quoted MGR. This is done in order to facilitate the GSA in mapping& managing the increase in capacity with the demand. In case of reduction of core capacity, it will be 100% prorate/proportionate to the MGR quoted. In the event of the additional capacity withdrawal which was accounted/mounted @80as@ 80% as above, the same ratio will be followed accordingly in MGR fixation.

Appears in 1 contract

Samples: General Sales Agency Agreement

Capacity Reduction/Induction on Existing Sector. The Minimum Assured Revenue is based on the current schedule of operations and the approximate capacity as indicated abovein the RFP, the Cargo Payload being offered by Air India from the territory of Bangladesh Israel. Any variance/Change in the Cargo Payload or Schedule, the MGR amount would be calculated & corrected to impact the MGR (+/-) accordingly & automatically from the date of schedule amendment ,amendment, however the same would be advised by Air India in writing to GSA. In case of capacity reduction or induction from the territory of appointment, including an increase in frequency /Sector, the MGR would be fixed & calculated prorate and equivalent to on Proportionate of 80% of the Quoted MGR for the additional frequency/frequencies, schedule & capacity inducted and MGR would be revised accordingly. Any addition in capacity, the MGR fixed will commensurate @80% proportionate of the calculated amount towards additional capacity and the same would be translated to Revenue/quoted MGR. This is done in order to facilitate the GSA in mapping& managing the increase in capacity with the demand. In case of reduction of core capacity, it will be 100% prorate/proportionate to the MGR quoted. In the event of the additional capacity withdrawal which was accounted/mounted @80as@ 80% as above, the same ratio will be followed accordingly in MGR fixation.

Appears in 1 contract

Samples: General Sales Agency Agreement

Capacity Reduction/Induction on Existing Sector. The Minimum Assured Revenue is based on the current schedule of operations and the approximate capacity as indicated above, the Cargo Payload being offered by Air India from the territory of Bangladesh Hong Kong. Any variance/Change in the Cargo Payload or Schedule, the MGR amount would be calculated & corrected to impact the MGR (+/-) accordingly & automatically from the date of schedule amendment ,however the same would be advised by Air India in writing to GSA. In case of capacity reduction or induction from the territory of appointment, including an increase in frequency /Sector, the MGR would be fixed & calculated prorate and equivalent to on 80% of the Quoted MGR for the additional frequency/frequencies, schedule & capacity inducted and MGR would be revised accordingly. Any addition in capacity, the MGR fixed will commensurate @80% of the calculated amount towards additional capacity and the same would be translated to Revenue/quoted MGR. This is done in order to facilitate the GSA in mapping& managing the increase in capacity with the demand. In case of reduction of core capacity, it will be 100% prorate/proportionate to the MGR quoted. In the event of the additional capacity withdrawal which was accounted/mounted @80% as above, the same ratio will be followed accordingly in MGR fixation.

Appears in 1 contract

Samples: General Sales Agency Agreement

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Capacity Reduction/Induction on Existing Sector. The Minimum Assured Revenue is based on the current schedule of operations and the approximate capacity as indicated above, the Cargo Payload being offered by Air India from the territory of Bangladesh Germany . Any variance/Change in the Cargo Payload or Schedule, the MGR amount would be calculated & corrected to impact the MGR (+/-) accordingly & automatically from the date of schedule amendment ,however the same would be advised by Air India in writing to GSA. In case of capacity reduction or induction from the territory of appointment, including an increase in frequency /Sector, the MGR would be fixed & calculated prorate and equivalent to on 80% of the Quoted MGR for the additional frequency/frequencies, schedule & capacity inducted and MGR would be revised accordingly. Any addition in capacity, the MGR fixed will commensurate @80% of the calculated amount towards additional capacity and the same would be translated to Revenue/quoted MGR. This is done in order to facilitate the GSA in mapping& managing the increase in capacity with the demand. In case of reduction of core capacity, it will be 100% prorate/proportionate to the MGR quoted. In the event of the additional capacity withdrawal which was accounted/mounted @80% as above, the same ratio will be followed accordingly in MGR fixation.

Appears in 1 contract

Samples: General Sales Agency Agreement

Capacity Reduction/Induction on Existing Sector. The Minimum Assured Revenue is based on the current schedule of operations and the approximate capacity as indicated above, the Cargo Payload being offered by Air India from the territory of Bangladesh Singapore. Any variance/Change in the Cargo Payload or Schedule, the MGR amount would be calculated & corrected to impact the MGR (+/-) accordingly & automatically from the date of schedule amendment ,however the same would be advised by Air India in writing to GSA. In case of capacity reduction or induction from the territory of appointment, including an increase in frequency /Sector, the MGR would be fixed & calculated prorate and equivalent to on 80% of the Quoted MGR for the additional frequency/frequencies, schedule & capacity inducted and MGR would be revised accordingly. Any addition in capacity, the MGR fixed will commensurate @80% of the calculated amount towards additional capacity and the same would be translated to Revenue/quoted MGR. This is done in order to facilitate the GSA in mapping& managing the increase in capacity with the demand. In case of reduction of core capacity, it will be 100% prorate/proportionate to the MGR quoted. In the event of the additional capacity withdrawal which was accounted/mounted @80% as above, the same ratio will be followed accordingly in MGR fixation.

Appears in 1 contract

Samples: General Sales Agency Agreement

Capacity Reduction/Induction on Existing Sector. The Minimum Assured Revenue is based on the current schedule of operations and the approximate capacity as indicated abovein the RFP, the Cargo Payload being offered by Air India from the territory of Bangladesh Kenya . Any variance/Change in the Cargo Payload or Schedule, the MGR amount would be calculated & corrected to impact the MGR (+/-) accordingly & automatically from the date of schedule amendment ,amendment, however the same would be advised by Air India in writing to GSA. In case of capacity reduction or induction from the territory of appointment, including an increase in frequency /Sector, the MGR would be fixed & calculated prorate and equivalent to on 80% of the Quoted MGR for the additional frequency/frequencies, schedule & capacity inducted and MGR would be revised accordingly. Any addition in capacity, the MGR fixed will commensurate @80% proportionate of the calculated amount towards additional capacity and the same would be translated to Revenue/quoted MGR. This is done in order to facilitate the GSA in mapping& managing the increase in capacity with the demand. In case of reduction of core capacity, it will be 100% prorate/proportionate to the MGR quoted. In the event of the additional capacity withdrawal which was accounted/mounted @80% as above, the same ratio will be followed accordingly in MGR fixation.

Appears in 1 contract

Samples: General Sales Agency Agreement

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