Landing Fee Rate Sample Clauses

Landing Fee Rate. The Landing Fee Rate shall be calculated by dividing the Airfield Area Requirement by the sum of (i) the aggregate Maximum Landed Weight of the Signatory Airlines and
AutoNDA by SimpleDocs
Landing Fee Rate. Authority shall calculate the Landing Fee Rate for each Fiscal Year by first subtracting the sum of (i) Non-Signatory Landing Fees, (ii) Aircraft Parking Position Rentals, (iii) Aircraft Parking Position Turn Fees and (iv) Aircraft Parking Position Overnight Fees collected by the Authority from the Airfield Area Requirement and then dividing by the cumulative Maximum Gross Landed Weight of the Signatory Airlines for the Fiscal Year.
Landing Fee Rate. Signatory shall pay by the twentieth (20th) of each month to Board Landing Fees for Revenue Landings for the preceding month. The Landing Fee rate shall be calculated by dividing the Airfield Cost Center Requirement, reduced by Terminal Ramp Area revenues, and further reduced by the NRRs allocated to the Airfield Cost Center, by total Landed Weight, adjusted to reflect the non-signatory premium of 15%, all as shown in Exhibit 6 attached hereto. Each Signatory's Landing Fees shall be determined as the product of the landing fee rate for the period and such Signatory's total landed weight for the month. Signatory's landed weight for the month shall be determined as the sum of the products obtained by multiplying the Maximum Gross Landed Weight of each type of Signatory's aircraft by the number of Revenue Landings of each said aircraft during such month and such Landing Fees shall be subject to the settlement provisions as provided under Section 6.3 of this Agreement
Landing Fee Rate. The Landing Fee Requirement shall be divided by Total Landing Weight to determine the Landing Fee Rate per 1,000 pounds of aircraft weight. (When computing the October 1 Landing Fee Rate, Total Landing Weight covers the 11-month period October through August.)
Landing Fee Rate. The Total Costs of the Airfield Area will be calculated by adding together the following amounts: 1. Direct and indirect Operation and Maintenance Expenses allocable to the Airfield Area 2. Amortization of the unamortized net cost of each Capital Improvement in the Airfield Area as of June 30, 1998, over the remaining useful life of the Capital Improvement at the City's weighted Cost of Capital for all Airport Capital Improvements as of that date 3. Amortization of the net cost of each Capital Improvement placed in service in the Airfield Area on or after July 1, 1998 4. Interest on the cost of land allocable to the Airfield Area computed at City's historical average Cost of Capital 5. Annual Systems Costs allocable to the Airfield Area 6. Annual replenishment ox xxx Xxxxxxx xxx Xxxxxxxxxnt Fund allocable to the Airfield Area, if necessary as required by City's master airport revenue bond ordinance. The Net Costs of the Airfield Area will then be calculated by subtracting revenues from general aviation fuel flowage fees. The Landing Fee Rate will then be calculated by dividing the Net Costs of the Airfield Area by the total aircraft landed weight of all airlines using the Airport.

Related to Landing Fee Rate

  • Unused Fee In consideration of the Revolving Commitments of the Lenders hereunder, the Borrower promises to pay to the Administrative Agent for the account of each Lender a fee (the "Unused Fee") on the Unused Revolving Committed Amount computed at a per annum rate for each day during the applicable Unused Fee Calculation Period (hereinafter defined) at a rate equal to the Applicable Percentage in effect from time to time. The Unused Fee shall commence to accrue on the Closing Date and shall be due and payable in arrears thereafter on the last Business Day of each March, June, September and December (and on any date that the Revolving Committed Amount is reduced and on the Maturity Date) for the immediately preceding quarter (or portion thereof) (each such quarter or portion thereof for which the Unused Fee is payable hereunder being herein referred to as an "Unused Fee Calculation Period"), beginning with the first of such dates to occur after the Closing Date.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!