Common use of Midyear Adjustment Clause in Contracts

Midyear Adjustment. 9.03.1 In addition to the provisions of Sections 9.02 and 9.04, the Authority shall have the right to adjust the estimated rates for rentals, fees, and charges payable by the Signatory Airlines at the midpoint of each Fiscal Year in accordance with this Section 9.03. 9.03.2 Approximately sixty (60) days prior to the end of the sixth month of the then current Fiscal Year, the Authority shall re-estimate the rates for rentals, fees, and charges payable hereunder, applicable to the last six months of

Appears in 2 contracts

Samples: Airport Use Agreement and Premises Lease, Airport Use Agreement and Premises Lease

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Midyear Adjustment. 9.03.1 In addition to the provisions of Sections 9.02 and 9.04, the Authority shall have the right to adjust the estimated rates for rentals, fees, and charges payable by the Signatory Airlines at the midpoint of each Fiscal Year in accordance with this Section 9.03. 9.03.2 Approximately sixty (60) days prior to the end of the sixth month of the then current Fiscal Year, the Authority shall re-estimate the rates for rentals, fees, and charges payable hereunder, applicable to the last six months ofof the then current Fiscal Year, and shall then determine in accordance with Paragraph 9.

Appears in 2 contracts

Samples: Lease Agreement, Agreement (Atlantic Coast Airlines Holdings Inc)

Midyear Adjustment. 9.03.1 In addition to the provisions of Sections 9.02 and 9.04, the Authority shall have the right to adjust the estimated rates for rentals, fees, and charges payable by the Signatory Airlines at the midpoint of each Fiscal Year in accordance with this Section 9.03. 9.03.2 Approximately sixty (60) days prior to the end of the sixth month of the then current Fiscal Year, the Authority shall re-estimate the rates for rentals, fees, and charges payable hereunder, applicable to the last six months ofmonths

Appears in 1 contract

Samples: Airport Use Agreement

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Midyear Adjustment. β€Œ 9.03.1 In addition to the provisions of Sections 9.02 and 9.04, the Authority shall have the right to adjust the estimated rates for rentals, fees, and charges payable by the Signatory Airlines at the midpoint of each Fiscal Year in accordance with this Section 9.03. 9.03.2 Approximately sixty (60) days prior to the end of the sixth month of the then current Fiscal Year, the Authority shall re-estimate the rates for rentals, fees, and charges payable hereunder, applicable to the last six months ofof the then current Fiscal Year, and shall then determine in accordance with Paragraph 9.

Appears in 1 contract

Samples: Airport Use Agreement and Premises Lease

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