Fleet Reduction. Except as otherwise permitted by Section 2.2.5, upon 180 days’ prior written notice from AWA, AWA, subject to limitations set forth below, may require Mesa to reduce the number of Aircraft in any Subfleet. AWA shall not require Mesa to reduce: (i) the number of Aircraft in the Dash 8 Subfleet, Beech 1900 Subfleet or the combined CRT Subfleets by more than one Aircraft in any Six Calendar Month Period. For purposes of this Agreement, “Six
Fleet Reduction. 11 Section 3.4 Liens............................................................... 12 Section 3.5 Maintenance......................................................... 12 Section 3.6 Possession.......................................................... 12 Section 3.7 Inspection.......................................................... 13 Section 3.8 The Company's Obligation to Insure.................................. 14 Section 3.9
Fleet Reduction. If at any time after the Closing Date so long as any Series G Equipment Notes are outstanding the total number of Aircraft of any Aircraft Model (as defined below) in the Company’s in-service fleet during any period of 60 consecutive days is less than the Specified Minimum (as defined below) for such Aircraft Model (other than due to restrictions on operating such Aircraft imposed by the FAA or any other instrumentality or agency of the United States), then within 90 days after such occurrence the Company shall redeem Series G Equipment Notes pursuant to Section 2.11 of the Trust Indenture in an aggregate principal amount not less than the principal amount of the Series G Equipment Notes outstanding as of a date specified by the Company within 60 days prior to the redemption date multiplied by a fraction, the numerator of which shall be the Appraised Value of the Pledged Spare Parts that are appropriate for incorporation in, installation on, attachment or appurtenance to, or use in only Aircraft of such Aircraft Model or Engines utilized only on such Aircraft, and the denominator of which shall be the Appraised Value of the Collateral. If at any time after the Closing Date so long as any Series B Equipment Notes are outstanding the total number of Aircraft of any Aircraft Model (as defined below) in the Company’s in-service fleet during any period of 60 consecutive days is less than the Specified Minimum (as defined below) for such BACK
Fleet Reduction. Section 3.3 is amended to insert after the first sentence the following: "If at any time after the Subordinated Closing Date so long as any Subordinated Securities are Outstanding the total number of Aircraft of any Aircraft Model (as defined below) in the Company's in-service fleet during any period of 60 consecutive days is less than the Specified Minimum (as defined below) for such Aircraft Model (other than due to restrictions on operating such Aircraft imposed by the FAA or any other instrumentality or agency of the United States), then within 90 days after such occurrence the Company shall redeem Subordinated Securities pursuant to Article 4 of the Indenture or deliver Subordinated Securities to the Trustee for cancellation, or a combination of the foregoing, in an aggregate principal amount not less than the principal amount of the Subordinated Securities Outstanding at the end of such 60 day period multiplied by a fraction, the numerator of which shall be the Appraised Value of the Pledged Spare Parts that are appropriate for incorporation in, installation on, attachment or appurtenance to, or use in only Aircraft of such Aircraft Model or Engines utilized only on such Aircraft, and the denominator of which shall be the Appraised Value of the Collateral."
Fleet Reduction. Except as otherwise permitted by Section 2.2.5, upon 180 days' prior written notice from AWA, AWA, subject to limitations set forth below, may require Mesa to reduce the number of Aircraft in any Subfleet. AWA shall not require Mesa to reduce: (i) the number of Aircraft in the Dash 8 Subfleet, Beech 1900 Subfleet or the combined CRJ Subfleets by more than one Aircraft in any Six Calendar Month Period. For purposes of this Agreement, "Six Calendar Month Period" means each period during the Term (as defined below) commencing on January l and ending on June 30 and commencing on July 1 and ending on December 30, with the first Six Calendar Month Period commencing on January 1, 2002; (ii) the number of CRJ Model 200s for a period of 1 year measured from the last date that a CRJ Model 200 is added to the CRJ Subfleet; provided, however, that the Scheduled Delivery Date shall be used to 6 measure the date each CRJ Model 200 is added to the CRJ Subfleet; (iii) the number of CRJ Model 700s and 900s for a period of 1 year measured from the last date that a CRJ Model 700 or 900 is added to the CRJ Subfleet; provided, however, that the Scheduled Delivery Date shall be used to measure the date such CRJ Model 700 or 900 is added to the CRJ Subfleet; and (iv) the Dash 8 Subfleet below 6 Aircraft.
Fleet Reduction. Except as otherwise permitted by Section 2.2.5, upon 180 days' prior written notice from AWA, AWA, subject to limitations set forth below, may require Mesa to reduce the number of Aircraft in any Subfleet. AWA shall not require Mesa to reduce: (i) the number of Aircraft in the Dash 8 Subfleet, Beech 1900 Subfleet or the combined CRJ Subfleets by more than one Aircraft in any Six Calendar Month Period. For purposes of this Agreement, "Six Calendar Month Period" means each period during the Term (as defined below) commencing on January l and ending on June 30 and commencing on July 1 and ending on December 30, with the first Six Calendar Month Period commencing on January 1, 2002; (ii) the number of CRJ Model 200s for a period of 1 year measured from the last date that a CRJ Model 200 is added to the CRJ Subfleet; provided, however, that the Scheduled Delivery Date shall be used to
Fleet Reduction. (a) If the total number of Aircraft of any Aircraft Model (as defined below) in the Company's in-service fleet is below the then applicable Specified Minimum (as defined below) for such Aircraft Model (other than due to restrictions on operating such Aircraft imposed by the FAA or any other instrumentality or agency of the United States) during each day in a period of any 60 consecutive days (such event, a "Fleet Reduction"), then within 90 days after the last day in such 60-day period, the Company shall:
Fleet Reduction. Except as otherwise permitted by Section 2.2.5, upon Table of Contents
Fleet Reduction. AWA, by providing at least 180 days' prior written notice to XXX, xxx require CAI to remove from Flight Services each --------- * Confidential Aircraft after the 10th anniversary of the date such Aircraft is placed into Flight Services (each, a "Elimination Notice"). In addition, AWA may require CAI to remove from Flight Services (i) any one Aircraft after the sixth anniversary of the Commencement Date, and (ii) any two Aircraft after the eighth anniversary of the Commencement Date, by providing CAI with an Elimination Notice no less than 365 days prior to the removal date (each, an "Early Elimination"). CAI shall remove the applicable Aircraft from providing Flight Services on the date set forth in the Elimination Notice (the "Elimination Date"). From and after the Elimination Date, the Aircraft shall no longer be used to provide Flight Services and AWA shall have no further payment obligations under this Agreement for such Aircraft. In the event of an Early Elimination, within 30 days after each Elimination Date, AWA shall pay to CAI an amount equal to [*] for each Aircraft subject to Early Elimination.
Fleet Reduction. Except as otherwise permitted by Paragraph 1.2.5, upon [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] prior written notice from AWA, AWA may require Mesa to reduce the number of Aircraft in the Fleet. AWA shall not require Mesa to reduce the number of Aircraft: (i) in any Subfleet by more than [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] Aircraft in any [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION]. For purposes of this Agreement, [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] means each period during the Term (as defined below) commencing on January 1 and ending on [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] and commencing on [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] and ending on [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION], with the first [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] commencing on [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION]; (ii) in the Fleet on the Commencement Date prior to [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION]; (iii) in a Subfleet for a period of 1 year measured from the last date that an Aircraft is added to the Subfleet; provided, however, that April 30, 1999 shall be deemed to be the last date AWA acquires the last of the CRJs pursuant to Paragraph 1.2.2(b) for purpose of this subsection and the scheduled delivery date shall be deemed the date AWA acquires a CRJ pursuant to Paragraph 1.2.2(c); (iv) in the Dash 8 Subfleet below 8 Aircraft; and (v) in the CRJ Subfleet below 8 Aircraft.
