Joint Use Formula means the formula used to prorate a specified square footage for an area within Joint Use Space on the basis of twenty percent (20%) of the square footage divided equally among all such Airlines using such area. The remaining eighty percent (80%) of the square footage shall be apportioned among all such Airlines using such area based upon the ratio of the number of Enplaned Passengers of each Airline that operates from each Airline’s Allocated Premises under City-approved ground handling agreements, to the total number of Enplaned Passengers of all such Airlines that operate from such Airlines’ Allocated Premises under City-approved ground handling agreements using such area, during the most recently reported twelve (12) month period for which such information is available.
Joint Use Formula means a formula that prorates the cost for an airline based upon the ratio of the number of its ticket counter positions divided by the total number of ticket counter positions serving the Joint Use baggage make-up area.
Joint Use Formula means the formula used to prorate the total monthly rent attributable to the Joint Use Space in each area of the Terminal Buildings (e.g., concourse operational area) among those parties using such area (the “Joint User Parties”) based on the percentage that results from dividing the relevant square footage attributable to the Exclusive Use Space or Preferential Use Gates of each of the Joint User Parties in that area by the aggregate leaseable square footage within such area.
Examples of Joint Use Formula in a sentence
The square footage associated with each Cart Tunnel Area shall be allocated among domestic Signatory Passenger Airlines on the basis of the Joint Use Formula.
The square footage associated with the Baggage Recheck Area shall be allocated among Signatory Passenger Airlines on the basis of the Joint Use Formula.
The Joint Use Formula, where RA is Airline's monthly rent payable for the Joint Use Premises, is: RA = (20% x RJ / N) + (80% x RJ x [PA / PT ]) N is the total number of passenger Airlines, excluding Affiliates and Small Airlines, serving Airport during the calculation period.
The square footage associated with each Domestic Baggage Claim Area shall be allocated among Signatory Passenger Airlines on the basis of the Joint Use Formula.
For inclusion in the Joint Use Formula, AIRLINE shall include in its monthly report of its passengers the total number of Enplaned, Deplaned, Non-Revenue, Revenue, and Through Passengers handled or otherwise accommodated by AIRLINE for other Air Transportation Companies not having an Agreement with AVIATION that provides for the direct payment to AVIATION of appropriate charges for the use of Joint Use Space.
More Definitions of Joint Use Formula
Joint Use Formula means the formula to be used to pro-rate ninety percent (90%) of the specified charge, referenced in Section 6.02(B)(1) of this Agreement, according to the ratio of the number of enplaning passengers for each Air Transportation Company operating in the Terminal Complex (during the most recent month for which such information is available) to the total number of enplaning passengers of all Air Transportation Companies during that same month. The remaining ten percent (10%) will be prorated over a number equal to the number of Signatory Airlines, plus one (1). Joint Use Formula may also mean such other formula as may be agreed upon by a majority of Signatory Airlines using the service or space and approved by County’s Board of County Commissioners.
Joint Use Formula means the formula used to allocate the cost of the space used for joint use purposes among airlines. The Joint Use Formula shall include all operations and enplanements for both Signatory and Non-Signatory Airlines.
Joint Use Formula means the formula specified in Article 8.03.
Joint Use Formula means a formula that prorates the cost of a service or space, among the Airlines actually using such service or space as follows: (a) 20 percent of the cost equally among each such Airline, and (b) 80 percent of the cost on the basis of that proportion which the number of each such Airline’s Enplaned Passengers at the Airport bears to the total number of Enplaned Passengers of all such Airlines at the Airport, subject to the provisions in Section X.X and K for Affiliated Airlines and Alliance Partners. Essential Air Service Airlines and their activity will be excluded from the Joint Use Formula.
Joint Use Formula is a formula pursuant to which (i) twenty per cent of any specified charge shall be prorated equally among those Scheduled Airlines using the Joint Leased Premises, and (ii) eighty per cent of any specified charge shall be based on a percentage representing that Scheduled Airline’s number of passengers deplaning at the Airport as a percentage of the total number of deplaning passengers of all Scheduled Airlines at the Airport during the latest year for which such figures are available as to all Scheduled Airlines. For the purposes of the Agreement, the term “deplaning” shall relate to only those passengers disembarking an aircraft at the Airport who do not immediately board another aircraft departing from the Airport.
Joint Use Formula means the billing method applied to a specific area of Joint Use Space. The Joint Use Formula(s) applicable to Airline, if any, are attached as Exhibit E.
Joint Use Formula means the formula used to prorate a specified square footage for an area within Joint Use Space on the basis of twenty percent (20%) of the square footage divided equally among all such Signatory Airlines using such area. The remaining eighty percent (80%) of the square footage shall be apportioned among all such Signatory Airlines using such area based upon the ratio of the number of Enplaned Passengers of each Signatory Airline, its Affiliate(s) and those Non- Signatory Airline(s) that operate from each Signatory Airline’s Leased Premises under City-approved subleases or ground handling agreements, to the total number of Enplaned Passengers of all such Signatory Airlines, their Affiliate(s), and Non-Signatory Airline(s) that operate from such Signatory Airlines’ Leased Premises under City-approved subleases or ground handling agreements using such area, during the most recently reported twelve (12) month period for which such information is available.