Examples of Delta Engine Agreement in a sentence
In the event that the escalation of the power-by-the-hour rate paid by ABX under the Delta Engine Agreement, excluding any changes related to flight hour-to-cycle adjustments, exceeds [*] ([*]%) due to causes that are beyond the reasonable control of ABX, then DHL and ABX shall discuss an escalation greater than [*] ([*]%) with respect to the Variable Block Hour Rate.
ABX shall provide for DHL’s review all indexation rates agreed between ABX and its counterparties for: (i) Flight Crew (based on the collective bargaining agreement) for crew wages and for crew benefits; (ii) power-by-the-hour rates under the Delta Engine Agreement and Delta Component Agreement and the cost-per-landing rates under the Bridgestone Agreement.
On or about the sixth (6th) Business Day of each month, ABX will provide to DHL a written statement setting forth in reasonable detail any adjustments to the Weekly Variable Rate to reflect the actual costs incurred by ABX for the power-by-the-hour rates under the Delta Engine Agreement and Delta Component Agreement and the cost-per-landing rates under the Bridgestone Agreement, or any successor to those agreements, during the prior month.