IOP Program Incident Adjustment Sample Clauses

IOP Program Incident Adjustment. If during any month during the term of this Agreement Pinnacle cancels one or more Scheduled Flights in connection with one or more IOP Program Incidents, Northwest shall pay to Pinnacle an amount determined in accordance with the following formula: P=((IBH)*(BHR)*( [***])) + ((ICYC)*(CYCR)*( [***])) where, P is the IOP Payment to be made to Pinnacle, IBH is the number of scheduled Block Hours cancelled in connection with the IOP Program Incident(s), calculated by the following formula: IBH=Pinnacle scheduled Block Hours in Hub cancelled * (((% points of Pinnacle’s Scheduled Flights in Hub cancelled)-(% points of Northwest scheduled flights in Hub cancelled))/(% points of Pinnacle’s Scheduled Flights in Hub cancelled)), BHR is the then applicable Block Hour Rate in which such IOP Program Incident(s) occurred, ICYC is the number of scheduled Cycles cancelled in connection with the IOP Program Incident(s), calculated by the following formula: ICYC=Pinnacle’s scheduled Cycles in Hub cancelled * (((% points of Pinnacle’s Scheduled Flights in Hub cancelled)-(% points of Northwest scheduled flights in Hub cancelled))/(% points of Pinnacle’s Scheduled Flights in Hub cancelled))), and CYCR is the then applicable Cycle Rate in which such IOP Program Incident(s) occurred.
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IOP Program Incident Adjustment. If during any month during the term of this Agreement, SkyWest cancels one or more Scheduled Flights in connection with one or more IOP Program Incidents, Midwest shall pay to SkyWest an amount determined in accordance with the following formula: [*]
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IOP Program Incident Adjustment. If during any month during the term of this Agreement Mesaba cancels one or more Scheduled Flights in connection with one or more IOP Program Incidents, *** an amount determined in accordance with the following formula: ***
Sample 1
IOP Program Incident Adjustment. If during any month commencing on or after October 1, 1999 during the term of this Agreement, Mesaba cancels one or more flights in connection with one or more IOP Program Incidents, Northwest shall pay to Mesaba an amount determined in accordance with the following formula: *** Any payment due to Mesaba as a result of this Section 1.03 shall be paid to Mesaba pursuant to Section 1.01(b) on the twenty-sixth (26th) day of the month immediately following the month in which such IOP Program Incident(s) occurred.
Sample 1
IOP Program Incident Adjustment. If during any month during the Term Pinnacle cancels one or more Scheduled Flights in connection with one or more IOP Program Incidents, Delta shall pay to Pinnacle an amount determined in accordance with the following formula: P=((IBH)*(BHR)*(0.43)) where, P is the IOP Payment to be made to Pinnacle, IBH is the number of scheduled Block Hours cancelled in connection with the IOP Program Incident(s), calculated by the following formula: IBH=Pinnacle scheduled Block Hours in Hub cancelled * (((% points of Pinnacle’s Scheduled Flights in Hub cancelled)-(% points of Delta scheduled flights in Hub cancelled))/(% points of Pinnacle's Scheduled Flights in Hub cancelled)), BHR is the then applicable Block Hour Rate in which such IOP Program Incident(s) occurred,
Sample 1

Related to IOP Program Incident Adjustment

  • CPI Adjustment The fixed fees and other fees expressed as stated dollar amounts in this schedule and in the Agreement shall be increased annually commencing on the one-year anniversary date of the Effective Date by the percentage increase since the Effective Date in consumer prices for services as measured by the United States Consumer Price Index entitled "All Services Less Rent of Shelter" or a similar index should such index no longer be published.

  • Audit Adjustment If any audit of the records, books or accounts relating to the Properties discloses an overpayment or underpayment of Management Fees, Owner or Manager shall promptly pay to the other party the amount of such overpayment or underpayment, as the case may be. If such audit discloses an overpayment of Management Fees for any fiscal year of more than the correct Management Fees for such fiscal year, Manager shall bear the cost of such audit.

  • Performance Adjustment One-twelfth of the annual Performance Adjustment Rate will be applied to the average of the net assets of the Portfolio (computed in the manner set forth in the Fund's Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month and the performance period.

  • Subsequent Adjustments In the event that the Assuming Institution or the Receiver discovers any errors or omissions as contemplated by Section 8.2 or any error with respect to the payment made under Section 8.3 after the Settlement Date, the Assuming Institution and the Receiver agree to promptly correct any such errors or omissions, make any payments and effect any transfers or assumptions as may be necessary to reflect any such correction plus interest as provided in Section 8.4.

  • Adjustment, etc Any adjustment, indulgence, forbearance or compromise that might be granted or given by any of the Lenders to Borrower or Guarantor or any Person liable on the Liabilities;

  • Section 754 Adjustment To the extent an adjustment to the adjusted tax basis of any Partnership asset pursuant to Code Section 734(b) or Code Section 743(b) is required, pursuant to Regulations Section 1.704-1(b)(2)(iv)(m)(2) or Regulations Section 1.704-1(b)(2)(iv)(m)(4), to be taken into account in determining Capital Accounts as the result of a distribution to a Holder in complete liquidation of his interest in the Partnership, the amount of such adjustment to the Capital Accounts shall be treated as an item of gain (if the adjustment increases the basis of the asset) or loss (if the adjustment decreases such basis) and such gain or loss shall be specially allocated to the Holders in accordance with their interests in the Partnership in the event that Regulations Section 1.704-1(b)(2)(iv)(m)(2) applies, or to the Holders to whom such distribution was made in the event that Regulations Section 1.704-1(b)(2)(iv)(m)(4) applies.

  • Discretionary Adjustment In the event of any reorganization, merger, consolidation, recapitalization, liquidation, reclassification, stock dividend, stock split, combination of shares, rights offering, or extraordinary dividend or divestiture (including a spin-off), or any other change in the corporate structure or Shares of the Company, the Committee (or if the Company does not survive any such transaction, a comparable committee of the Board of Directors of the surviving corporation) may, without the consent of the Optionee, make such adjustment as it determines in its discretion to be appropriate as to the number and kind of securities subject to and reserved under the Plan and, in order to prevent dilution or enlargement of rights of the Optionee, the number and kind of securities issuable upon exercise of the Option and the exercise price hereof.

  • Royalty Adjustments The following adjustments shall be made, on a Licensed Product-by-Licensed Product and country-by-country basis, to the royalties payable pursuant to this Section 5.5:

  • True-Up Adjustments From time to time, until the Retirement of the Recovery Bonds, the Servicer shall identify the need for True-Up Adjustments and shall take all reasonable action to obtain and implement such True-Up Adjustments, all in accordance with the following:

  • Downward Adjustments The Purchase Price shall be adjusted downward by the following:

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