MAINTENANCE CONTRIBUTION Sample Clauses

MAINTENANCE CONTRIBUTION. Provided no Default has occurred and is continuing Lessor will pay to Lessee, by way of contribution to the cost of maintenance of the Aircraft, upon submission by Lessee to Lessor within 6 months of the commencement of that maintenance and before the Expiry Date of an invoice and supporting documentation reasonably satisfactory to Lessor evidencing:- (a) with respect to the Airframe, the completion, in accordance with this Agreement, of those items of maintenance characterised by the Manufacturer's maintenance planning document and best industry practice as D Check and/or individual structural inspections having an interval of not less than 15,000 Flight Hours or 6 years for the Aircraft (but not including repairs arising as the result of operational or maintenance mishandling and not including airworthiness directives), the lesser of (i) the amount of that invoice and (ii) an amount equal to the aggregate amount of Airframe Supplemental Rent paid under this Agreement at the time of commencement of such maintenance less the aggregate amount previously paid by Lessor under this sub-clause; (b) with respect to any Engine, the performance, in accordance with this Agreement, of a Hot Section Refurbishment or a Cold Section Refurbishment (other than (i) repairs arising as a result of foreign object damage or operational or maintenance mishandling and/or (ii) removal, installation, maintenance and repair of QEC (Quick Engine Change) kits and/or airworthiness directives), the lesser of (i) the amount of that invoice and (ii) an amount equal to the aggregate amount of Engine Refurbishment Supplemental Rent paid in respect of that Engine under this Agreement at the time of commencement of such maintenance less the aggregate amount previously paid in respect of that Engine by Lessor under this sub-clause;
AutoNDA by SimpleDocs
MAINTENANCE CONTRIBUTION. (a) Provided no Default has occurred and is continuing, upon the performance by Lessee of "Qualifying Work" (as hereinafter defined) relating to any airworthiness directive, the Lessor will pay to the Lessee, by way of contribution to the cost of maintenance of the Aircraft, an amount equal to the product of (a) the amount by which the Actual Cost of the Qualifying Work for such airworthiness directive exceeds $225,000, multiplied by (b) a fraction the numerator of which is 60 minus the number of months (rounded to the nearest whole number of months) from the date of the completion of such Qualifying Work until the scheduled Expiry Date and the denominator is 60.
MAINTENANCE CONTRIBUTION. 29 7.3 Lessor Obligations Following Expiration Date ......................... 30
MAINTENANCE CONTRIBUTION. The Maintenance Contribution for the use of a school instrument is $200. This applies for a single academic school year, and will assist in supporting the Program’s ability to maintain the quality and condition of the Program’s lending instrument inventory, all accessories, and acquisition costs. The use of a school instrument is optional, and the Band Boosters receive no support from MBUSD or MBEF for the purpose of maintaining these lending instruments. Voluntary Maintenance Contribution donations are essential to the continued ability to offer instruments for student use. Please make a section from the following options:
MAINTENANCE CONTRIBUTION. In order to cover the ever increasing cost of music and repairs to instruments resulting from general wear and tear, a maintenance contribution is payable by all students involved in the Instrumental Music Program.
MAINTENANCE CONTRIBUTION. As a contribution to Landlord’s costs of operating and maintaining the common areas and the facilities thereon, Tenant shall pay Landlord, beginning on the commencement date, 7% of the cost of maintaining and operating the common areas and facilities of the Center. Tenant shall be billed quarterly for its contribution to Common Area Costs. This year, Tenant’s quarterly contribution would be $525.00. Contributions shall be adjusted within thirty (30) days after Landlord determines its actual costs for any fiscal period to reflect Tenant’s actual share of costs, at which time Landlord shall provide Tenant with detailed breakdown of the costs and expenses, and, if requested, copies of bills for items included thereon. Tenant shall pay any balance owing for the period, or shall be refunded any excess, as the case may be, and the monthly payments shall also be adjusted to conform to the cost projection adopted by Landlord.
MAINTENANCE CONTRIBUTION. 45 7.3 The Lessor's Obligations Following Expiry Date............ 46 7.4 Exclusion................................................. 47 7.5 Lessee's Waiver........................................... 48 7.6 Lessee's Confirmation..................................... 48
AutoNDA by SimpleDocs
MAINTENANCE CONTRIBUTION. All residents are required to pay a maintenance contribution, as mandated by management. The maintenance contribution currently amounts to €180. See the residence statutes for the relevant provisions. This contribution is calculated on the basis of 36 months and, should a resident move out before 36 months has elapsed, the maintenance contribution will be refunded proportionally, as long as there are no financial claims from management (open usage fees etc.). The maintenance contribution must be repaid in full after 36 months in the halls of residence. If this is not complied with, the maintenance contributions will be deducted from the deposit.
MAINTENANCE CONTRIBUTION. Provided no Default has occurred and is continuing, Lessor will pay promptly to third party vendors, suppliers, maintenance shops, service facilities or other contractors, by way of contribution to the cost of maintenance of the Aircraft, upon submission by Lessee to Lessor within six (6) months of the commencement of that maintenance and before thirty (30) days after the Expiration Date of an invoice and supporting documentation reasonably satisfactory to Lessor, evidencing with respect to (x) the Airframe, any "D", "Q" , or "C-7" checks, or (y) any Engine or APU, the performance in accordance with this Agreement of a Hot Section Refurbishment, a Cold Section Refurbishment and/or the replacement of Life Limited Parts or (z) any Landing Gear, work in the nature of overhaul requiring removal and disassembly (in each case, other than (i) repairs arising as a result of foreign object damage or operational or maintenance mishandling; and/or (ii) removal, installation, maintenance and repair of QEC (Quick Engine Change) kits; and/or (iii) airworthiness directives) the lesser of (a) the amount of that invoice and (b) an amount equal to the aggregate amount of Maintenance Reserves paid in respect of the Airframe, that Engine or APU or that Landing Gear under this Agreement at the time of commencement of such maintenance less the aggregate amount previously paid in respect of the Airframe, that Engine or APU or the Landing Gear by Lessor under this subsection.

Related to MAINTENANCE CONTRIBUTION

  • Payment of Contributions The College and eligible academic staff members of the plan shall each contribute one-half of the contributions to the Academic and Administrative Pension Plan.

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Pension Contributions While on leave pursuant to Section B. of this Article, an employee may make contributions to the appropriate State pension system and will receive service credit for the time the employee is on unpaid leave.

  • Contribution Formula - Basic Life Coverage For employee basic life coverage and accidental death and dismemberment coverage, the Employer contributes one-hundred (100) percent of the cost.

  • The Contribution Prior to the Effective Time, and subject to the terms and conditions set forth in the Distribution Agreement, Grace intends to cause the transfer to a wholly owned subsidiary of Grace-Conn. ("Packco") of certain assets and liabilities of Grace and its subsidiaries predominantly related to the Packaging Business (the "Contribution"), as contemplated by the Distribution Agreement and the Other Agreements.

  • Campaign Contributions The CONTRACTOR is hereby notified of the applicability of 11-355, HRS, which states that campaign contributions are prohibited from specified state or county government contractors during the terms of their contracts if the contractors are paid with funds appropriated by a legislative body.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law. (b) It is understood that the administrative intent of this Article is that the Employer contribution is made for individuals who are participants in the medical insurance coverages. Participation will mean that eligible less-than-full-time employees who drop out of coverage will be considered to participate. Additionally, employees who elect to opt out of coverage for a cash incentive will be considered to participate.

  • Excess Contributions An excess contribution is any amount that is contributed to your IRA that exceeds the amount that you are eligible to contribute. If the excess is not corrected timely, an additional penalty tax of six percent will be imposed upon the excess amount. The procedure for correcting an excess is determined by the timeliness of the correction as identified below.

  • City Contribution The City agrees to maintain health and dental benefits at present levels for the life of the Agreement.

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