Equipment Charges. For each Rate Period the Airline shall pay charges for each type and item of Equipment leased by the Airline from the Authority, if any, as set forth in Exhibits NH and DH. Except as set forth in Paragraph 8.05.2, said charges shall be calculated as the sum of the following: (i) The annual capital requirement for each type and item of Equipment shall be equal to the sum of the Capital Charges plus Debt Service Coverage reduced by Transfers allocable to such Equipment; and (ii) The O&M requirement in each Rate Period for each type and item of Equipment shall be equal to the O&M Expenses incurred by the Authority and allocable to such Equipment.
Appears in 2 contracts
Samples: Airport Use Agreement, Lease Agreement
Equipment Charges. For each Rate Period the Airline shall pay charges for each type and item of Equipment leased by the Airline from the Authority, if any, as set forth in Exhibits NH N-D and DH. D-D. Except as set forth in Paragraph 8.05.2, said charges shall be calculated as the sum of the following:
(i) 8.05.1.1 The annual capital requirement for each type and item of Equipment shall be equal to the sum of the Capital Charges plus Debt Service Coverage reduced by Transfers allocable to such Equipment; and
(ii) 8.05.1.2 The O&M requirement in each Rate Period for each type and item of Equipment shall be equal to the O&M Expenses incurred by the Authority and allocable to such Equipment.
Appears in 2 contracts
Samples: Airport Use Agreement and Premises Lease, Airport Use Agreement and Premises Lease
Equipment Charges. For each Rate Period Period, the Airline shall pay charges for each type and item of Equipment leased by the Airline from the Authority, if any, as set forth in Exhibits NH and DH. Except as set forth in Paragraph 8.05.2, said charges shall be calculated as the sum of the following:
(i) The annual capital requirement for each type and item of Equipment shall be equal to the sum of the Capital Charges plus Debt Service Coverage reduced by Transfers allocable to such Equipment; and
and (ii) The O&M requirement in each Rate Period for each type and item of Equipment which shall be equal to the O&M Expenses incurred by the Authority and allocable to such Equipment.
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