Flight Cycle Utilization and Derate Sample Clauses

Flight Cycle Utilization and Derate. The parties agree that the Aircraft Commitment, as set forth in Paragraph 1 above, is based upon the following assumptions: [*] In the event Customer employs a Covered Aircraft during the Performance Retention Term of this Letter Agreement within the Customer’s system such that the operation is greater than the maximum assumed values or lower than the minimum assumed values then the parties agree to make adjustments to the Basic Data, defined in Paragraph 4 below, solely with respect to such Covered Aircraft, as a consequence of such usage.
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Flight Cycle Utilization and Derate. [CONFIDENTIAL PORTION OMITTED AND FILED SEPARATELY WITH THE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]. In the event Customer employs a Covered Aircraft during the Performance Retention Term of this Letter Agreement within the Customer’s system such that the operation is greater than the maximum assumed values or lower than the minimum assumed values then the parties agree to make adjustments to the Basic Data, defined in Paragraph 4 below, solely with respect to such Covered Aircraft, as a consequence of such usage.
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Flight Cycle Utilization and Derate. [CONFIDENTIAL PORTION OMITTED AND FILED SEPARATELY WITH THE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT].
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Flight Cycle Utilization and Derate. The parties agree that the Aircraft Commitment, as set forth in Paragraph 1 above, is predicated upon Customer's planned utilization of not more than [ * ] flight cycles per Covered Aircraft per year, whichever is less, during the Performance Retention Term, and where the engines are operated with an average minimum derate of at least [ * ]. In the event Customer employs a Covered Aircraft during the Performance Retention Term of this Letter Agreement within the Customer's system such that the utilization is greater than [ * ] flight cycles per Covered Aircraft per year, and/or the average engine derate is less than [ * ], the parties agree to make adjustments to the Basic Data, defined in Paragraph 4 below, solely with respect to such Covered Aircraft, as a consequence of such greater utilization and/or reduced derate, if appropriate.
Sample 1
Flight Cycle Utilization and Derate. The parties agree that the Aircraft Commitment, as set forth in Paragraph 1 above, is predicated upon Customer's utilization of [CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT] per Performance Retention Covered Aircraft during the Performance Retention Term, and where the engines are operated with an average minimum derate of [CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]. In the event Customer employs a Performance Retention Covered Aircraft during the Performance Retention Term of this Letter Agreement within the Customer's system such that the utilization is greater than [CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT], and/or the average engine derate is less than [CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT], the parties agree to make adjustments to the Basic Data, defined in Paragraph 4 below, solely with respect to such Performance Retention Covered Aircraft, as a consequence of such greater utilization and/or reduced derate, if appropriate.
Sample 1

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