Hour-to-Cycle Ratio and Derate Adjustment Sample Clauses

Hour-to-Cycle Ratio and Derate Adjustment. The Maintenance Amount—Engine Overhaul (and, if applicable, the relevant expected interval between Engine Basic Shop Visits) is based upon an assumed hour-to-cycle ratio for each Engine equal to the Maintenance Amount—Assumed Hour-to-Cycle Ratio and, if applicable, an average derate equal to the Maintenance Amount—Assumed Derate. On the last day of the Lease Term, Lessor and Lessee will determine whether the actual hour-to-cycle ratio and/or derate for each Engine fell below or rose above its assumed level (1) during the period from the last relevant Engine Basic Shop Visit for such Engine before Return (or if no Engine Basic Shop Visit has been performed in respect of such Engine, from the Delivery Date) to Return and (2) separately, if applicable, during the period from the last relevant Engine Basic Shop Visit for such Engine before the Delivery Date (or if no Engine Basic Shop Visit has been performed in respect of such Engine, from new) to the Delivery Date, and in each case if so, Lessor will adjust such Dollar amount (and, if applicable, such expected interval) to reflect the value(s) set out in the Maintenance Amount—Adjustment Table, as adjusted pursuant to Section 2.2 of this Schedule 2, for the actual hour-to-cycle ratio and derate (or, if the actual hour-to-cycle ratio or derate is not reflected in such table, then by the value determined by interpolation of the nearest values set out in such table) or if necessary by extrapolation, in each case during the relevant period. If applicable, Lessee will, upon request from Lessor from time to time, provide Lessor with reasonable evidence of the derate of each Engine over time. If Lessee fails to provide such evidence for an Engine for any period, Lessor may assume zero derate for such Engine during such period. LATAM Shared Terms 62 SCHEDULE 3 [INTENTIONALLY OMITTED] LATAM Shared Terms 63 SCHEDULE 4 RETURN PROCEDURES