Flight Overfly Reconciliation Sample Clauses

Flight Overfly Reconciliation a. With respect to Scheduled Flights, for any calendar month Contractor's actual block hours flown per departure for any particular aircraft type exceeds the scheduled block hours per departure for such aircraft type for such calendar month as set forth in the Final Monthly Schedule, then the reconciliation for such period shall include a payment for such aircraft type by Continental to Contractor in an amount equal to the product of (i) the First Incremental Cost Rate set forth on Appendix 11 with respect to such aircraft type and such month, multiplied by (ii) the quotient of (1) the difference between such actual number of block hours per departure and such number of scheduled block hours per departure divided by (2) such number of scheduled block hours per departure, multiplied by (iii) the number of scheduled block hours for such aircraft type as set forth on the Final Monthly Schedule multiplied by (iv) the First Benchmark Factor for such calendar month. b. With respect to Scheduled Flights, for any calendar month the scheduled block hours per departure for any particular aircraft type as set forth on the Final Monthly Schedule exceeds Contractor's actual block hours flown per departure for such aircraft type for such calendar month, then the reconciliation for such period shall include a payment for such aircraft type by Contractor to Continental in an amount equal to the product of (i) the Second Incremental Cost Rate, set forth on Appendix 12 with respect to such aircraft type and month, multiplied by (ii) the quotient of (1) the difference between such number of scheduled block hours per departure and such actual number of block hours per departure, divided by (2) such number of scheduled block hours per departure, multiplied by (iii) the number of scheduled block hours for such aircraft type as set forth on the Final Monthly Schedule multiplied by (iv) the First Benchmark Factor for such calendar month. Schedule 3-9