Controllable Completion Factor definition

Controllable Completion Factor means, for any period of determination, the number of actual departures completed divided by the number of scheduled departures, excluding Uncontrollable Cancellations.
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Controllable Completion Factor means for each calendar month during the Term the quotient (expressed as a percentage) equal to the number of actual departures divided by the number of scheduled departures, excluding in both the numerator and the denominator any flights canceled as a result of weather, Air Traffic Control, or no revenue passengers booked for the round trip flight. At a minimum, however, Gulfstream shall maintain on a monthly basis a Controllable Completion Factor of at least ninety percent (90%) (the “Minimum Controllable Completion Factor”), and Northwest shall be entitled to terminate this Agreement pursuant to Section 18(b)(iii) hereof in the event Gulfstream fails to achieve a Minimum Controllable Completion Factor of at least ninety percent (90%) for any six (6) month period during the Term.
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Controllable Completion Factor shall have the meaning set forth in Section 7(d) hereof. CRS shall mean a computer reservations system. DOT shall mean the U.S. Department of Transportation or its successor governmental agency. Effective Date shall have the meaning set forth in Section 18 hereof. FAA shall mean the U.S. Federal Aviation Administration or its successor governmental agency. Force Majeure Events shall have the meaning set forth in Section 19 hereof. ICCI shall have the meaning set forth in Section 4(a) hereof. Information shall have the meaning set forth in Section 25 hereof. Local Market Service shall mean service provided to passengers or shippers whose flight itineraries include only flights operated by Gulfstream. Marks shall have the meaning set forth in Section 16 hereof.
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Examples of Controllable Completion Factor in a sentence

  • At a minimum, however, Gulfstream shall maintain on a monthly basis a Controllable Completion Factor of at least ninety percent (90%) (the “Minimum Controllable Completion Factor”), and Northwest shall be entitled to terminate this Agreement pursuant to Section 18(b)(iii) hereof in the event Gulfstream fails to achieve a Minimum Controllable Completion Factor of at least ninety percent (90%) for any six (6) month period during the Term.

  • Appendix 1 Base Compensation Rates Appendix 2 Controllable Completion Factor Incentives and Rebates Appendix 3 Reconciliation of Expenses Appendix 4 Incentive Bonuses/Rebates Appendix 5 Insurance Rates $ [CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT] for each actual block hour These Base Compensation Rates shall be adjusted to the extent provided pursuant to the terms of Section 3.02 of this Agreement.

  • Mesa’s operational performance will be measured using the following two measurements: Controllable Completion Factor (“CCF”) and Controllable Departures within Zero Minutes of Scheduled (“CD0”), as such terms are defined below.

  • Appendix 1 Base Compensation Rates Appendix 2 Controllable Completion Factor Incentives and Rebates Appendix 3 Reconciliation of Expenses Appendix 4 Incentive Bonuses/Rebates Appendix 5 Insurance Rates Appendix 6 Low Block Hour Utilization Rates $*** For each block hour $*** For each Covered Aircraft for each month in the Term These Base Compensation Rates shall be adjusted to the extent provided pursuant to the terms of Section 3.02 of this Agreement.

  • Should RAI fall below the Penalty Threshold for Controllable Completion Factor Percentage in any month, RAI shall pay Frontier, for each percentage point (rounded to the next highest full percentage in all cases) below the Penalty Threshold, a penalty of [*] for the first month, [*] for the second consecutive month, [*] for the third consecutive month, and [*] for the fourth consecutive month and each consecutive month thereafter that the Penalty Threshold is not met.

  • In the event RAI meets or exceeds the Bonus Threshold for Controllable Completion Factor Percentage in any month, Frontier will pay RAI a bonus of [***].

  • In the event RAI meets or exceeds the Bonus Threshold for Controllable Completion Factor Percentage in any month, Frontier will pay RAI a bonus of [*].

  • Minimum Controllable Completion Factor shall have the meaning set forth in Section 7(d) hereof.

  • Should RAI’s Controllable Completion Factor Percentage be between the Penalty Threshold and the Bonus Threshold in any month, there shall be no payments due to or from either party.

  • Under the Controllable Completion Incentive Program, an operating performance goal for Contractor’s operation of Scheduled Flights shall be set with respect to Controllable Completion Factor (the “Controllable Completion Operating Goal”).

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