CAT II IASA Rating Sample Clauses

CAT II IASA Rating. Unless there are serious and immediate safety concerns about a specific carrier, a CAT II IASA rating does not normally result in the termination or reduction of flights to the United States by that country’s air carriers. In practice, its air carriers may continue to operate to the United States at current levels of service. (In the case of on-demand carriers, the process uses an analysis of the number of flights conducted over the last 12 months, prior to the date of the downgrade in category, to establish the pre-existing level of service.) However, since the foreign carrier’s CAA is not overseeing existing operations in accordance with minimum international standards, AFS will not normally approve additions or substitutions to the “OpSpecs” of carriers from IASA CAT II countries until the CAA regains CAT I status. This means essentially that a CAT II country is not permitted to increase the number of flights to the United States or to substitute aircraft in the existing fleet, although AFS will consider requests for substitutions of like aircraft (e.g., substitution of a Boeing 727-200 for a 727-200). In such cases, an exchange for same make and model of aircraft may be considered for maintenance purposes such as a heavy check or significant modification. In those limited cases, the particulars shall be submitted to the manager of AFS-50 for consideration and approval of such a substitution, while the carrier’s authority is under a CAT II country.
AutoNDA by SimpleDocs

Related to CAT II IASA Rating

  • Moody’s Xxxxx’x Investors Service, Inc. and its successors.

  • PRIORITY RATING If so identified, this Contract is a "rated order" certified for national defense, emergency preparedness, and energy program use, and SELLER shall follow all the requirements of the Defense Priorities and Allocation System Regulation (15 C.F.R. Part 700).

  • Insurance Company Rating The required insurance must be written by a company approved to do business in the State or Texas with a financial standing of at least an A- rating, as reflected in Best’s insurance ratings or by a similar rating system recognized within the insurance industry at the time the policy is issued.

  • BBB SCDHEC shall mean the South Carolina Department of Health and Environmental Control and its authorized representatives. CCC. Statement of Basis shall mean the report(s) describing the corrective measure(s)/remedial action(s) being con ducted pursuant to South Carolina Hazardous Waste Management Regulations, as amended.

  • Rating The Notes can be issued without the requirement that they have any rating from a nationally recognized statistical rating organization.

  • Credit Rating With respect to the Competitive Supplier or Competitive Supplier’s Guarantor, its senior unsecured, unsubordinated long-term debt rating, not supported by third party credit enhancement, and if such debt is no longer rated, then the corporate or long-term issuer rating of Competitive Supplier or Competitive Supplier’s Guarantor.

  • Ratings No “nationally recognized statistical rating organization” as such term is defined for purposes of Rule 436(g)(2) (i) has imposed (or has informed the Company that it is considering imposing) any condition (financial or otherwise) on the Company’s retaining any rating assigned to the Company or any securities of the Company or (ii) has indicated to the Company that it is considering any of the actions described in Section 7(c)(ii) hereof.

  • Industry Ratings The City will only accept coverage from an insurance carrier who offers proof that it:

  • Performance Rating Describes the Educator’s performance on each performance standard and overall. There shall be four performance ratings:  Exemplary: the Educator’s performance consistently and significantly exceeds the requirements of a standard or overall. The rating of exemplary on a standard indicates that practice significantly exceeds proficient and could serve as a model of practice on that standard district-wide.  Proficient: the Educator’s performance fully and consistently meets the requirements of a standard or overall. Proficient practice is understood to be fully satisfactory.

  • Insurance Carrier Rating Coverages provided by Contractor must be underwritten by an insurance company deemed acceptable to the State of Washington’s Office of Risk Management. Insurance coverage shall be provided by companies authorized to do business within the State of Washington and rated A- Class VII or better in the most recently published edition of Best’s Insurance Rating. Enterprise Services reserves the right to reject all or any insurance carrier(s) with an unacceptable financial rating.

Time is Money Join Law Insider Premium to draft better contracts faster.