Common use of Compliance Formula Clause in Contracts

Compliance Formula. If the Participating Airlines collectively do not meet the New XXX GSE Goal, each Individual Participating Airline that has not met that goal is liable for liquidated damages for its share of the XXX shortfall as provided in Equation 4 of Appendix 1 attached hereto.

Compliance Formula. If the Participating Airlines collectively do not meet the Interim XXX Goal for New XXX GSE GoalGSE, each Individual Participating Airline that has not met that goal is liable for liquidated damages for its share of the XXX shortfall as provided in Equation 4 of Appendix 1 attached hereto.

Compliance Formula. If the Participating Airlines collectively do not meet the New Interim XXX GSE GoalGoal for Existing GSE, each Individual Participating Airline that has not met that goal Goal is liable for liquidated damages for its share of the XXX shortfall as provided in Equation 4 3 of Appendix 1 attached hereto.