FHA Rates Sample Clauses

FHA Rates. 10.1.1 The FHA Rate per Eligible Engine Flight Hour for Restoration Shop Visit Coverage during the Period of Cover for Eligible Engines on A319 and A320 Aircraft shall be as follows: ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** The FHA Rate per Eligible Engine Flight Hour for Restoration Shop Visit Coverage during the Period of Cover for Eligible Engines on A321 Aircraft shall be as follows: ***** ***** ***** ***** ***** ***** ***** ***** IAE shall invoice Vuela at induction of the Eligible Engine into the Maintenance Center for a Restoration Shop Visit, an amount equal to the above applicable FHA Rate (escalated in accordance with Clause 10.2) multiplied by the Eligible Engine Flight Hours flown by such ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. Eligible Engine since new or if the Eligible Engine has had a prior Restoration Shop Visit, since its last Restoration Shop Visit. The above FHA Rates are subject to adjustment in accordance with the provisions of Exhibit G to the extent applicable. 10.1.2 The FHA Rate for Miscellaneous Shop Visit Coverage shall be ***** per Eligible Engine Flight Hour during the Period of Cover. IAE shall invoice Vuela on a monthly basis in an amount equal to the FHA Rate for Miscellaneous Shop Visit Coverage (escalated in accordance with Clause 10.2) multiplied by the Eligible Engine Flight Hours flown in the previous month by Eligible Engines within their respective Periods of Cover; *****
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FHA Rates. 10.1.1 The FHA Rate for Restoration Shop Visit Coverage for Eligible Engines during the Period of Cover shall be as follows: (a) For V2524-A5 rated Eligible Engines [***] per Eligible Engine Flight Hour; (b) For V2527-A5 rated Eligible Engines [***] per Eligible Engine Flight Hour; and (c) For V2533-A5 rated Eligible Engines [***] per Eligible Engine Flight Hour. 10.1.2 [***] 10.1.3 The FHA Rate for Miscellaneous Shop Visit Coverage for Eligible Engines for the first [***] of each Eligible Engine's Period of Cover shall be [***] per Eligible Engine Flight Hour. 10.1.4 The FHA Rate for Miscellaneous Shop Visit Coverage for Eligible Engines each year commencing with the [***] for each Eligible Engine during the Period of Cover shall be as follows: (a) For V2524-A5 rated Eligible Engines [***] per Eligible Engine Flight Hour; (b) For V2527-A5 rated Eligible Engines [***] per Eligible Engine Flight Hour; and (c) For V2533-A5 rated Eligible Engines [***] per Eligible Engine Flight Hour; 10.1.5 [***] 10.1.6 [***] 10.1.7 [***]
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FHA Rates. With respect to the SL2 Eligible Engines only, the following revised Clause 10.1.1 shall apply in lieu of the provisions of Clause 10. 1.1 of the FHA: 10.1.1 The FHA Rates paid by Spirit to IAE in respect of the services set out in Clause 3 and Clause 4 of this Agreement for the SL2 Eligible Engines covered by this Agreement shall be as follows for the SL2 Period of FHA or Extended SL2 Period of FHA per SL2 Eligible Engine Flight Hour (in United States Dollars): For the SL2 Eligible Engines: ***** Month Rates: ***** ***** ***** ***** ***** Month Rates: ***** ***** ***** ***** ***** Month Rate: ***** ***** Month Rate: ***** The above FHA Rates are subject to escalation from the base month of October 2005 to the date of calculation of the applicable FHA Rate in accordance with the formula set forth in Exhibit B to this Agreement. Additionally, IAE reserves the right to make an adjustment of the rates if the operating parameters in Clause 10.5 (other than in accordance with the above listed assumed utilization and stage lengths) change, the fleet mix and quantity are different than described in Clause 10.1.1 above or Spirit fails to pay for Spare Engine Coverage. Such changes will be made using methodology that is consistent with the methodology used to develop the original rates.”
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FHA Rates. With respect to the SL3 Eligible Engines only, the following revised Clause 10.1.1 shall apply in lieu of the provisions of Clause 10. 1.1 of the FHA:s 10.1.1 The FHA Rates paid by Spirit to IAE in respect of the services set out in Clause 3 and Clause 4 of this Agreement for the SL3 Eligible Engines covered by this Agreement shall be as follows for the SL3 Period of FHA or Extended SL3 Period of FHA per SL3 Eligible Engine Flight Hour (in United States Dollars): For the SL3 Eligible Engines:
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FHA Rates. 10.1.1 The FHA Rate per Eligible Engine Flight Hour for Restoration Shop Visit Coverage during the Period of Cover for Eligible Engines on A319 and A320 Aircraft shall be as follows:
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FHA Rates 
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Related to FHA Rates

  • Non-Student Rates The Residence Fees payable under this Agreement are a special student rate for full-time students of the Institution. If the Resident ceases to be a full-time student of the Institution, and wishes to continue to occupy a Room: (i) the Resident must deliver a written request to the Manager no later than two (2) business days after ceasing to be a full-time student of the Institution, which the Manager may accept or reject in its sole and unfettered discretion, and (ii) if the request is accepted by the Manager, the Resident must pay within two (2) business days of receiving notice of that acceptance (a) any unpaid Residence Fees (whether or not otherwise due) and (b) a supplementary fee equal to the difference between (1) the product of the number of days remaining in the Term as of two (2) business days after the date on which the Resident ceases to be a full-time student of the Institution and the daily conference rate then charged by the Manager for rooms in the Residence, minus (2) the Residence Fees.

  • Interest Rates All outstanding Term Loans to the Borrower shall bear interest on the unpaid principal amount thereof (including, to the extent permitted by law, on interest thereon not paid when due) from the date made until paid in full in cash at a rate determined by reference to the Base Rate or Adjusted Term SOFR plus the Applicable Margin, but not to exceed the Maximum Rate. If at any time Term Loans are outstanding with respect to which the Borrower has not delivered to the Agent a notice specifying the basis for determining the interest rate applicable thereto in accordance herewith, those Term Loans shall be treated as Base Rate Loans until notice to the contrary has been given to the Agent in accordance with this Agreement and such notice has become effective. Except as otherwise provided herein, the Term Loans shall bear interest as follows: (i) For all Base Rate Loans, at a fluctuating per annum rate equal to the Base Rate plus the Applicable Margin; and (ii) For all SOFR Rate Loans, at a fluctuating per annum rate equal to Adjusted Term SOFR plus the Applicable Margin. Each change in the Base Rate (or any component thereof) shall be reflected in the interest rate applicable to Base Rate Loans as of the effective date of such change. All computations of interest for Base Rate Loans when the Base Rate is determined by the “prime rate” shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365-day year). On the last Business Day of each calendar quarter hereafter and on the Termination Date, the Borrower shall pay to the Agent, for the ratable benefit of the Lenders, interest accrued from the last Business Day of the preceding calendar quarter to the last Business Day of such calendar quarter (or accrued to the Termination Date in the case of a payment on the Termination Date) on all Base Rate Loans in arrears. The Borrower shall pay to the Agent, for the ratable benefit of the Lenders, interest on all SOFR Rate Loans in arrears on each SOFR Interest Payment Date.

  • Overhead Rates The Engineer shall use the provisional overhead rate indicated in Attachment E. If a periodic escalation of the provisional overhead rate is specified in Attachment E, the effective date of the revised provisional overhead rate must be included. For lump sum contracts, the overhead rate remains unchanged for the entire contract period.

  • WAGE RATES AND CLASSIFICATIONS Classifications and the hourly wage rates applicable thereto are contained in the Appendices attached to and forming part of this Agreement.

  • Interest Rates; LIBOR Notification The interest rate on Eurodollar Loans is determined by reference to the LIBO Rate, which is derived from the London interbank offered rate. The London interbank offered rate is intended to represent the rate at which contributing banks may obtain short-term borrowings from each other in the London interbank market. In July 2017, the U.K. Financial Conduct Authority announced that, after the end of 2021, it would no longer persuade or compel contributing banks to make rate submissions to the ICE Benchmark Administration (together with any successor to the ICE Benchmark Administrator, the “IBA”) for purposes of the IBA setting the London interbank offered rate. As a result, it is possible that commencing in 2022, the London interbank offered rate may no longer be available or may no longer be deemed an appropriate reference rate upon which to determine the interest rate on Eurodollar Loans. In light of this eventuality, public and private sector industry initiatives are currently underway to identify new or alternative reference rates to be used in place of the London interbank offered rate. In the event that the London interbank offered rate is no longer available or in certain other circumstances as set forth in Section 2.14(c) of this Agreement, such Section 2.14(c) provides a mechanism for determining an alternative rate of interest. The Administrative Agent will notify the Borrower, pursuant to Section 2.14, in advance of any change to the reference rate upon which the interest rate on Eurodollar Loans is based. However, the Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the administration, submission or any other matter related to the London interbank offered rate or other rates in the definition of “LIBO Rate” or with respect to any alternative or successor rate thereto, or replacement rate thereof, including without limitation, whether the composition or characteristics of any such alternative, successor or replacement reference rate, as it may or may not be adjusted pursuant to Section 2.14(c), will be similar to, or produce the same value or economic equivalence of, the LIBO Rate or have the same volume or liquidity as did the London interbank offered rate prior to its discontinuance or unavailability.

  • Pay Rates Unit members must have been on an active status for a minimum of six

  • Overtime Rates All overtime hours shall be compensated at the rate of time and one- half (1-1/2).

  • Base Rates Attached to and made a part of this Agreement is Appendix A which sets forth the straight-time hourly rates for all employees covered by this Agreement.

  • Accrual Rates All eligible employees shall accrue vacation pay according to the following rates:

  • FIXED RATES If a fixed rate is in this Agreement, it is based on an estimate of the costs for the period covered by the rate. When the actual costs for this period are determined, an adjustment will be made to a rate of a future year(s) to compensate for the difference between the costs used to establish the fixed rate and actual costs.

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