Common use of Mesa Guaranteed Costs Clause in Contracts

Mesa Guaranteed Costs. AWA, in accordance with Section 7.5, shall pay to Mesa: (a) the lesser of: (i) the actual costs and expenses associated with certain of the Flight Services and Other Services (the “Guaranteed Non-Maintenance Costs”) set forth in the cost and expense categories set forth in Exhibit C, attached hereto (the “Guaranteed Non-Maintenance Costs Schedule”), or (ii) the amounts set forth in the Guaranteed Non-Maintenance Costs Schedule for each cost and expense category set forth in Exhibit C, attached hereto (the “Guaranteed Non-Maintenance Costs Caps”); and (b) an amount for maintenance costs and expenses equal to the amounts set forth on Exhibit D (the “Guaranteed Maintenance Costs”). The Guaranteed Non-Maintenance Costs Caps and Guaranteed Maintenance Costs shall be adjusted on each anniversary of the Contract Date in accordance with Section 7.4 below. If the Term of this Agreement commences or expires or an Aircraft is added or eliminated from the Fleet on other than the first or last day of a calendar month, then the Guaranteed Non-Maintenance Costs and Guaranteed Maintenance Costs payable by AWA under this Agreement or for such Aircraft shall be prorated based on the actual number of days this Agreement is in effect or the Aircraft is in the Fleet during such month and the actual number of days in such month. Payment of Guaranteed Non-Maintenance Costs and Guaranteed Maintenance Costs for an Aircraft shall commence on the Aircraft Scheduled Delivery Date unless the Aircraft is delivered late in which case payment will begin on the actual delivery date. If an Aircraft, at AWA’s written request, is placed into Flight Services prior to the Scheduled Delivery Date, then payment of the Guaranteed Non-Maintenance Costs and Guaranteed Maintenance Costs for such Aircraft shall commence on the date requested by AWA.

Appears in 4 contracts

Samples: Code Share and Revenue Sharing Agreement (Mesa Air Group Inc), Code Share and Revenue Sharing Agreement (Mesa Air Group Inc), Code Share and Revenue Sharing Agreement (Mesa Air Group Inc)

AutoNDA by SimpleDocs

Mesa Guaranteed Costs. AWA, in accordance with Section 7.5, shall pay to Mesa: (a) the lesser of: of (i) the actual costs and expenses associated with certain of the Flight Services and Other Services (the "Guaranteed Non-Maintenance Costs") set forth in the cost and expense categories set forth in Exhibit C, attached hereto (the "Guaranteed Non-Maintenance Costs Schedule"), or 18 19 (ii) the amounts set forth in the Guaranteed Non-Maintenance Costs Schedule for each cost and expense category set forth in Exhibit C, attached hereto (the "Guaranteed Non-Maintenance Costs Caps"); and (b) an amount for maintenance costs and expenses equal to the amounts set forth on Exhibit D (the "Guaranteed Maintenance Costs"). The Guaranteed Non-Maintenance Costs Caps and Guaranteed Maintenance Costs shall be adjusted on each anniversary of the Contract Date in accordance with Section 7.4 below. If the Term of this Agreement commences or expires or an Aircraft is added or eliminated from the Fleet on other than the first or last day of a calendar month, then the Guaranteed Non-Maintenance Costs and Guaranteed Maintenance Costs payable by AWA under this Agreement or for such Aircraft shall be prorated based on the actual number of days this Agreement is in effect or the Aircraft is in the Fleet during such month and the actual number of days in such month. Payment of Guaranteed Non-Maintenance Costs and Guaranteed Maintenance Costs for an Aircraft shall commence on the Aircraft Scheduled Delivery Date unless the Aircraft is delivered late in which case payment will begin on the actual delivery date. If an Aircraft, at AWA’s 's written request, is placed into Flight Services prior to the Scheduled Delivery Date, then payment of the Guaranteed Non-Maintenance Costs and Guaranteed Maintenance Costs for such Aircraft shall commence on the date requested by AWA.

Appears in 2 contracts

Samples: Code Share and Revenue Sharing Agreement (America West Airlines Inc), Code Share and Revenue Sharing Agreement (America West Airlines Inc)

AutoNDA by SimpleDocs

Mesa Guaranteed Costs. AWA, in accordance with Section 7.5, shall pay to Mesa: (a) the lesser of: (i) the actual costs and expenses associated with certain of the Flight Services and Other Services (the "Guaranteed Non-Maintenance Costs") set forth in the cost and expense categories set forth in Exhibit C, attached hereto (the "Guaranteed Non-Maintenance Costs Schedule"), or (ii) the amounts set forth in the Guaranteed Non-Maintenance Costs Schedule for each cost and expense category set forth in Exhibit C, attached hereto (the "Guaranteed Non-Maintenance Costs Caps"); and (b) an amount for maintenance costs and expenses equal to the amounts set forth on Exhibit D (the "Guaranteed Maintenance Costs"). The Guaranteed Non-Maintenance Costs Caps and Guaranteed Maintenance Costs shall be adjusted on each anniversary of the Contract Date in accordance with Section 7.4 below. If the Term of this Agreement commences or expires or an Aircraft is added or eliminated from the Fleet on other than the first or last day of a calendar month, then the Guaranteed Non-Maintenance Costs and Guaranteed Maintenance Costs payable by AWA under this Agreement or for such Aircraft shall be prorated based on the actual number of days this Agreement is in effect or the Aircraft is in the Fleet during such month and the actual number of days in such month. Payment of Guaranteed Non-Maintenance Costs and Guaranteed Maintenance Costs for an Aircraft shall commence on the Aircraft Scheduled Delivery Date unless the Aircraft is delivered late in which case payment will begin on the actual delivery date. If an Aircraft, at AWA’s 's written request, is placed into Flight Services prior to the Scheduled Delivery Date, then payment of the Guaranteed Non-Maintenance Costs and Guaranteed Maintenance Costs for such Aircraft shall commence on the date requested by AWA.

Appears in 1 contract

Samples: Code Share and Revenue Sharing Agreement (Mesa Air Group Inc)

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