Common use of Planning Process Clause in Contracts

Planning Process. 4.1 The Parties will review, on a quarterly basis, Groundco's Quarterly Forecast of Hub Operating Requirements and Airco's capability for the next four quarters no later than 30 days prior to the start of each fiscal quarter. The Parties will conduct, in the third quarter of each year, a formal annual budget review with respect to the Services for the upcoming year. The initial Quarterly Forecast of Hub Operating Requirements is set forth in Schedule 8. During the fourth quarter of each fiscal year, the Parties will hold weekly meetings at the option of either Party.

Appears in 1 contract

Sources: Hub and Line Haul Services Agreement (Abx Air Inc)

Planning Process. 4.1 The Parties will review, on a quarterly basis, Groundco's ’s Quarterly Forecast of Hub Operating Requirements and Airco's ’s capability for the next four quarters no later than 30 days prior to the start of each fiscal quarter. The Parties will conduct, in the third quarter of each year, a formal annual budget review with respect to the Services for the upcoming year. The initial Quarterly Forecast of Hub Operating Requirements is set forth in Schedule 8. During the fourth quarter of each fiscal year, the Parties will hold weekly meetings at the option of either Party.

Appears in 1 contract

Sources: Hub and Line Haul Services Agreement (Airborne Inc /De/)