Common use of Maintenance of Employment Levels Clause in Contracts

Maintenance of Employment Levels. Until September 30, 2020, each Borrower Air Carrier shall maintain its employment levels as of March 24, 2020, to the extent practicable, and in any case shall not reduce its employment levels by more than ten percent (10%) from the levels on March 24, 2020.

Appears in 16 contracts

Samples: Loan and Guarantee Agreement (Jetblue Airways Corp), Loan and Guarantee Agreement (United Airlines, Inc.), Loan and Guarantee Agreement (Frontier Group Holdings, Inc.)

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Maintenance of Employment Levels. Until September 30, 2020, each Borrower Air Carrier shall maintain its employment levels as of March 24, 2020, to the extent practicable, ​ ​ ​ and in any case shall not reduce its employment levels by more than ten percent (10%) from the levels on March 24, 2020.

Appears in 2 contracts

Samples: Loan and Guarantee Agreement (Skywest Inc), Loan and Guarantee Agreement (Skywest Inc)

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Maintenance of Employment Levels. Until September 30, 2020, each Borrower Air Carrier shall maintain its employment levels as of March 24, 2020, to the extent practicable, and in any case shall not reduce its employment levels by more than ten percent (10%) from the levels on March 24, 2020.2020.‌

Appears in 1 contract

Samples: Loan and Guarantee Agreement

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