Examples of Eligible Engine Flight Hours in a sentence
Notwithstanding anything contained in this Side Letter No. 3 or the FHA to the contrary, with respect to payment of the Spare Engine Support Coverage Rate payable in accordance with Clause 10.2 of the FHA for SL3 Eligible Engines shall be payable only for SL3 Eligible Engine Flight Hours flown on or after January 1, 2006.
IAE shall invoice Spirit on a monthly basis in an amount equal to the escalated FHA Rate multiplied by the Eligible Engine Flight Hours flown by Eligible Engines in the previous month.
Notwithstanding anything in Clause 10.1.2. of the FHA to the contrary, IAE shall invoice Spirit and Spirit shall pay at induction of the Restoration Shop Visit an amount equal to ***** of the sum of the escalated FHA Rate multiplied by (i) the Eligible Engine Flight Hours flown by such Eligible Engine since new, or (ii) if the Eligible Engine has had a Restoration Shop Visit, since its last Restoration Shop Visit.
Notwithstanding anything contained in this Side Letter No. 2 or the FHA to the contrary, with respect to payment of the Spare Engine Support Coverage Rate payable in accordance with Clause 10.2 of the FHA for SL2 Eligible Engines shall be payable only for SL2 Eligible Engine Flight Hours flown on or after January 1, 2006.
NKS-FHA-SL2 (2006-JUN-06) (3 Pembroke AC EXECUTION VERSION).doc V 10691, V10911, V10688 and V10877, Spirit shall pay IAE for each such Restoration Shop Visit performed, an amount equal to the Eligible Engine Flight Hours flown by such engines since last Restoration Shop Visit or since new (whichever is later) multiplied by the applicable ***** Month Rate, as set forth in Section 4 below.
Any such adjustment shall take into account the Eligible Engine Flight Hours accrued by the Eligible Engines and Spare Engines up to the effective date of the amendment to the FHA Rate.
IAE shall invoice Spirit at induction of the Restoration Shop Visit an amount equal to the escalated FHA Rate multiplied by the Eligible Engine Flight Hours flown by such Eligible Engine since new or if the Eligible Engine has had a Restoration Shop Visit, since its last Restoration Shop Visit.
While Spare Engines are installed on the Aircraft, IAE shall invoice Spirit on a monthly basis for the Eligible Engine Flight Hours and Cycles flown by each Spare Engine.
Eligible Engine Flight Hours accumulated by Eligible Aircraft shall be reported to IAE by ACA after each yearly anniversary of the commencement of the Period of Guarantee in an electronic format reasonably agreed to by IAE.