Maintenance Related Markup Clause Samples

Maintenance Related Markup a. With respect to Scheduled Flights, for any calendar month in which the operating performance of applicable metrics for Contractor for Scheduled Flights in such calendar month exceeds the operating performance for which Continental is invoiced by Contractor for Scheduled Flights for such calendar month pursuant to Paragraph A(1)(l), then the reconciliation for such calendar month shall include a payment by Continental to Contractor in an amount equal to the product of (i) the difference between the actual Performance Related Markup for Scheduled Flights in such calendar month and the Performance Related Markup for which Continental is invoiced by Contractor for Scheduled Flights in such calendar month and (ii) the actual aircraft maintenance expenses that are classified as Reconciled Expenses and not included in Base Rates for the applicable Covered Aircraft. b. With respect to Scheduled Flights, for any calendar month in which the operating performance of applicable metrics for which Continental is invoiced by Contractor for Scheduled Flights in such calendar month pursuant to Paragraph A(1)(l) exceeds the operating performance of Contractor for Scheduled Flights in such calendar month, then the reconciliation for such calendar month shall include a payment by Contractor to Continental in an amount equal to the product of (i) the difference between the Actual Performance Related Markup for Scheduled Flights in such calendar month and the Performance Related Markup for which Continental is invoiced by Contractor for Scheduled Flights in such calendar month and (ii) the actual aircraft maintenance expenses that are classified as Reconciled Expenses and not included in Base Rates for the applicable Covered Aircraft. Appendix 1 Base Compensation Rates Appendix 2 [Intentionally Omitted] Appendix 3 Reconciliation of Expenses Appendix 4 [Intentionally Omitted] Appendix 5 Insurance Rates Appendix 6 [Intentionally Omitted] Appendix 7 Minimum Seats for Scheduled Flights Appendix 8 Markup Values and Performance Grade Widths $ [*] generally for each Covered Aircraft for each day in the Term $ [*] for each Covered Aircraft for each actual block hour $ [*] for each Covered Aircraft for each actual flight hour $ [*] for each Covered Aircraft for each Scheduled Flight departure These Base Compensation Rates shall be adjusted pursuant to the terms of Section 3.02 of this Agreement. In addition, pursuant to the scenario selected in Section 2.01(e)(iv), the Base Compensat...