Fixed Cost Payment definition
Examples of Fixed Cost Payment in a sentence
Effective for 2006 and 2007, the Fixed Cost Payment formula will be multiplied by the OTAF.
Subject to Section 3.11 with respect to the Extra Aircraft, Pinnacle’s Fixed Cost Payment arising from operation of the Aircraft shall be calculated on a monthly basis as follows: Fixed Cost Payment = [***+ (*** * Monthly CRJ Deliveries) + (*** * Monthly ACDs)] * (1 + CPPIB) where, *** represents Pinnacle’s base amount of monthly fixed costs.
For example, the final Annual Fixed Cost Payment for 1986 subsequent capital additions, replacements and betterments shall be December 15, 2021.
On Monday of each week during the term of this Agreement, Midwest shall remit to SkyWest by wire transfer of immediately available funds, as provisional payments in arrears for the prior week, (A) the Provisional Block Hour Payment, (B) the Provisional Cycle Payment, (C) the Provisional Fixed Cost Payment and (D) the Provisional Monthly Margin Payment.
In addition, there will be no CRJ deliveries recognized for purposes of the Fixed Cost Payment as a result of the delivery to Pinnacle of the Extra Aircraft.
Notwithstanding the foregoing, if this Agreement terminates on a date other than the last day of a month, the last Fixed Cost Payment shall be reduced pro rata based on the number of days covered by the last month of this Agreement.
Pinnacle's Fixed Cost Payment arising from operation of the Aircraft shall be calculated on a monthly basis as follows: Fixed Cost Payment = [2,735,830 + (74,546 * Monthly CRJ Deliveries) + (656.74 * Monthly ACDs)] * (1 + CPPIB) where, 74,546 represents the payment per CRJ Aircraft delivered during the month.