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Common use of Aircraft Operations Clause in Contracts

Aircraft Operations. (a) fail to maintain any Aircraft Permit applicable to it, (b) fail to operate and maintain any Aircraft in all material respects in compliance with all Aircraft Regulations, or (c) receive notice from any Governmental Authority of its intent to revoke or cancel any Aircraft Permit and such Governmental Authority does not agree in writing to withdraw such revocation or cancelation within 20 Business Days of receipt of such notice.

Appears in 3 contracts

Samples: Credit Agreement (Roadrunner Transportation Systems, Inc.), Credit Agreement (Roadrunner Transportation Systems, Inc.), Credit Agreement (Roadrunner Transportation Systems, Inc.)

Aircraft Operations. (a) fail to maintain any Aircraft Permit applicable to it, (b) fail to operate and maintain any Aircraft in all material respects in compliance with all Aircraft Regulations, or (c) receive notice from any Governmental Authority of its intent to revoke or cancel any Aircraft Permit and such Governmental Authority does not agree in writing to withdraw such revocation or cancelation within 20 Business Days of receipt of such notice.Permit

Appears in 1 contract

Samples: Credit Agreement (Roadrunner Transportation Systems, Inc.)