Common use of D CHECK COMPENSATION Clause in Contracts

D CHECK COMPENSATION. The "D Check Compensation" shall be calculated as follows: [A1-A2/B] x C "A1" is the total number of Flight Hours/Cycles (whichever is applicable and the more limiting factor) remaining on the Aircraft until the next scheduled D check in accordance with LESSEE's FAA approved maintenance program as of the Return Occasion.

Appears in 2 contracts

Samples: Aircraft Lease Agreement (Turn Works Acquisition Iii Sub a Inc), Aircraft Lease Agreement (Turn Works Acquisition Iii Sub a Inc)

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D CHECK COMPENSATION. The "D Check Compensation" shall be calculated as follows: [A1Al-A2/B] x C "A1Al" is the total number of Flight Hours/Cycles (whichever is applicable and the more limiting factor) remaining on the Aircraft until the next scheduled D check in accordance with LESSEE's FAA approved maintenance program as of the Return Occasion.

Appears in 1 contract

Samples: Aircraft Lease Agreement (Turn Works Acquisition Iii Sub a Inc)

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D CHECK COMPENSATION. The "D Check Compensation" shall be calculated as follows: [A1Al-A2/B] x C "A1" is the total number of Flight Hours/Cycles (whichever is applicable and the more limiting factor) remaining on the Aircraft until the next scheduled D check in accordance with LESSEE's FAA approved maintenance program as of the Return Occasion.

Appears in 1 contract

Samples: Aircraft Lease Agreement (Turn Works Acquisition Iii Sub a Inc)

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