Certain Notices to Delta Sample Clauses
The 'Certain Notices to Delta' clause defines the requirement for providing specific notifications to Delta, typically the other party in a contract. This clause outlines the types of events or information that must be formally communicated to Delta, such as breaches, changes in circumstances, or other significant developments. It usually specifies the method and timing for delivering such notices, ensuring that Delta receives timely and proper information. The core function of this clause is to ensure Delta is kept informed of important matters that may affect its rights or obligations under the agreement, thereby promoting transparency and reducing the risk of misunderstandings.
Certain Notices to Delta. In addition to the other reporting requirements set forth in this Agreement, Parent shall give written notice (within ten (10) business days) to Delta of (i) any litigation involving an uninsured claim of more than $1,000,000 against any Pinnacle Party, (ii) any proceeding before any Governmental Authority which, if adversely determined, would materially and adversely affect the financial condition, affairs, operations or prospects of any Pinnacle Party, including but not limited to a copy of any significant FAA enforcement or civil penalty action, (iii) any in-flight injuries resulting in severe bodily harm and (iv) any other matter which would materially and adversely affect the financial condition, affairs, operations or prospects of any Pinnacle Party or its ability to perform its obligations under this Agreement. Pinnacle shall also provide to Delta not later than the last day of each month the completion factor and on-time factor for the prior month with respect to the Scheduled Flights operated pursuant to this Agreement.
Certain Notices to Delta. With respect to the Regional Airline Services operated pursuant to this Agreement, Pinnacle shall give prompt written notice to Delta of (i) any litigation involving an uninsured claim of more than $1,000,000 against Pinnacle and/or Mesaba, (ii) any proceeding before any governmental agency which, if adversely determined, would materially and adversely affect Pinnacle’s or Mesaba’s financial condition, affairs, operations or prospects, including but not limited to any significant FAA enforcement or civil penalty action, (iii) any other matter which would materially and adversely affect the financial condition, affairs, operations or prospects of Pinnacle or Mesaba or either carrier’s ability to perform its obligations under this Agreement, and (iv) any proposed extraordinary capital expenditures and all capital expenditures in excess of $250,000. Pinnacle shall also provide Delta the reports specified in Section 2.11(a) above and shall report to Delta not later than the last day of each month its completion factor and on-time factor for the prior month with respect to the Scheduled Flights operated pursuant to this Agreement.
Certain Notices to Delta. With respect to the Regional Airline Services operated pursuant to this Agreement, Pinnacle shall give prompt written notice to Delta of (i) any litigation involving an uninsured claim of more than $1,000,000 against Pinnacle, (ii) any proceeding before any governmental agency which, if adversely determined, would materially and adversely affect Pinnacle’s financial condition, affairs, operations or prospects, including but not limited to any significant FAA enforcement or civil penalty action, (iii) any other matter which would materially and adversely affect the financial condition, affairs, operations or prospects of Pinnacle Pinnacle’s ability to perform its obligations under this Agreement, and (iv) any proposed extraordinary capital expenditures and all capital expenditures in excess of $250,000. Pinnacle shall also provide Delta the reports specified in Section 2.11(a) above and shall report to Delta not later than the last day of each month its completion factor and on-time factor for the prior month with respect to the Scheduled Flights operated pursuant to this Agreement.