RPB Ratio Clause Samples

RPB Ratio. The pricing outlined in this Section 1.1.1 is based upon a ratio of Revenue Passenger Boarded Segments to O&D Passengers Boarded of [CONFIDENTIAL PORTION OMITTED AND FILED SEPARATELY WITH THE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT] or less. If the actual ratio of Revenue Passenger Boarded Segments to O&D Passengers Boarded exceeds the [CONFIDENTIAL PORTION OMITTED AND FILED SEPARATELY WITH THE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT] ratio, NAVITAIRE reserves the right to apply the above pricing on a Revenue Passenger Boarded Segment basis. For the sake of clarity, this ratio will be calculated using the Revenue Passenger Boarded Segments as the numerator and O&D Passengers Boarded as the denominator to create the ratio. NAVITAIRE Proprietary and Confidential Hosted Services Agreement The calculation of the ratio above will be measured each month, prior to issuing the monthly invoice for Service Fees based upon actual Customer transactions by using the SkyReports report - Revenue by Market, with Fare Class Flown (or its successor as identified by NAVITAIRE). The report will be run twice to create the ratio by selecting different report criteria options, first selecting ‘View by Journey’ to generate the Revenue Passenger Boarded Segments and second selecting ‘View by Segment’ to generate the O&D Passengers Boarded. If the result of the calculation of Revenue Passenger Boarded Segments divided by O&D Passengers Boarded exceeds the [CONFIDENTIAL PORTION OMITTED AND FILED SEPARATELY WITH THE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT] ratio, NAVITAIRE will notify Customer of: § the actual ratio of Revenue Passenger Boarded Segments to O&D Passengers Boarded for that month, and § the calculation used to determine the transaction-based Service Fees for Customer; This information will appear at the top of the monthly invoice.

Related to RPB Ratio

  • Capitalization Ratio Permit the ratio of Consolidated Debt of the Borrower to Consolidated Capital of the Borrower to exceed .58 to 1.00.

  • Total Net Leverage Ratio Holdings and its Restricted Subsidiaries, on a consolidated basis, shall not permit the Total Net Leverage Ratio on the last day of any Test Period to exceed the ratio set forth below opposite the last day of such Test Period:

  • Quick Ratio A ratio of Quick Assets to Current Liabilities of at least 2.00 to 1.00.

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

  • Total Leverage Ratio The Borrowers will not permit the Total Leverage Ratio on the last day of any fiscal quarter to exceed 3.75 to 1.00.