Excess Fuel Consumption Credit Calculation Clause Samples

Excess Fuel Consumption Credit Calculation. If at the end of each Period of Calculation the Fleet Average Fuel Consumption Deterioration exceeds the Guaranteed Rate, IAE will grant AAH a credit in respect to excess fuel consumption calculated in accordance with the following formula: C = [*] where:

Excess Fuel Consumption Credit Calculation. If at the end of each Period of Calculation the Fleet Average Fuel Consumption Deterioration exceeds the Guaranteed Margin, IAE will grant ACA a credit in respect to excess fuel consumption calculated in accordance with the following formula: C = (D-GM)% YHF where: C = the amount of the credit in U.S. dollars D = the Fleet Average Fuel Consumption Deterioration GM = the Guaranteed Margin Y = average cruise fuel flow of new Eligible Engines expressed in U.S. gallons per hour at the time of commencement of commercial operation for each such Eligible Engine H = the total of all flight hours flown by ACA's Eligible Engines during the Period of Calculation F = The average net cost to ACA in U.S. Dollars per U.S. Gallon (after deduction of subsidies or government or other allowances received by ACA), of aviation fuel consumed by ACA during the Period of Calculation. If subsequent annual calculations show that on a cumulative basis, a previous credit (or portion thereof) was in excess of that due under this Guarantee, such excess amount shall be subject to repayment which will be effected by IAE issuing a debit against ACA's account with IAE. At ACA's option, the Credit Calculation may be made using the ECM Trend Monitoring Program. In such an event, the above-referenced reporting requirements will be satisfied through provision by ACA of the necessary reporting data as part of the ECM Trend Monitoring Program and will be provided to IAE on a regular basis. III

Excess Fuel Consumption Credit Calculation. If at the [***] the Final Fleet Average Fuel Consumption Deterioration exceeds the Guaranteed Margin, IAE will grant AWA a credit in respect to excess fuel consumption calculated in accordance with the following formula: C = (D-GM) YHF where: C = the amount of the credit in U.S. dollars D = the Final Fleet Average Fuel Consumption Deterioration (expressed as a percentage) GM = the Guaranteed Margin (expressed as a percentage) Y = average cruise fuel flow of Eligible Engines expressed in U.S. gallons per hour H = the total of all flight hours flown by Eligible Engines during the Period of Guarantee F = [***] ---------- [*] indicates Redacted material

Excess Fuel Consumption Credit Calculation. If at the end of the Period of Guarantee the Final Fleet Average Fuel Consumption Deterioration exceeds the Guaranteed Margin, IAE will grant Midway a credit in respect to excess fuel consumption calculated in accordance with the following formula: C = (D-GM)% YHF where: C = the amount of the credit in U.S. dollars D = the Final fleet Average Fuel Consumption Deterioration GM = the Guaranteed Margin Y = average cruise fuel flow of new Eligible Engines expressed in U.S. gallons per hour H = the total of all flight hours flown by Midway's Eligible Engines during the Period of Guarantee F = The average net cost to Midway in U.S. Dollars per U.S. Gallon (after deduction of subsidies or government or other allowances received by Midway), of aviation fuel consumed by Midway during the Period of Guarantee.