Aviation Laws definition
Examples of Aviation Laws in a sentence
The Company and its subsidiaries are in material compliance with all applicable laws, regulations or other requirements of the United States Federal Aviation Administration, the European Aviation Safety Agency and similar aviation regulatory bodies (collectively, “Aviation Laws”), and neither the Company nor any of its subsidiaries has received any written or, to the Company’s knowledge, other notice of a failure to comply with applicable Aviation Laws.
Subject to the provisions of this Agreement, including the U.S. Aviation Laws limitations on ownership of Warrant Shares by Non-U.S. Citizens set forth in Section 5(m) hereof and the adjustments contained in Section 6 hereof, each Warrant shall entitle the Holder thereof to purchase from the Company one fully paid and nonassessable share of Common Stock at the Exercise Price.
Subject to Section 5(n) herein, any Warrant Exercise Notice which is delayed for processing because of U.S. Aviation Laws limitations and which subsequently becomes eligible for processing will be processed in the order that it is received by the Warrant Agent, provided that such Warrant Exercise Notice has been submitted in proper form and in full compliance with this Agreement, and the Holder of all Warrants pending exercise shall be deemed to continue to be the owner of such Warrants.
Each Direct Registration Warrant and each Warrant evidenced by a Global Warrant Certificate or Individual Warrant Certificate shall entitle the Holder, upon proper exercise and payment or conversion of such Warrant, to receive from the Company, as adjusted as provided herein and subject to the U.S. Aviation Laws limitations on ownership of Warrant Shares by Non-U.S. Citizens set forth in Section 5(m) and Section 5(n) hereof, if applicable, one share of Common Stock.
Lessee shall be a "citizen of the United States" as defined in the U.S. Aviation Laws and shall be a U.S. Air Carrier and Lessee shall otherwise continue to be certified, qualified and/or registered to the extent necessary to fall within the purview of, and to provide to Lessor the benefits contemplated by, 11 U.S.C. Section 1110 or any analogous section of the federal bankruptcy laws, as amended from time to time.
The formation, function or delegation of authority to any committee of the Board shall be in compliance with the Federal Aviation Laws.
Aviation Laws: Federal aviation laws codified in title 49, United States Code.
At all times, at least two-thirds (2/3) of the Board shall be Citizens of the United States as defined in Section 40102(a)(15) of the Federal Aviation Laws (as hereinafter defined) (“Citizens of the United States”).
Lessor is a "citizen of the United States" as defined in the U.S. Aviation Laws and is a U.S. Air Carrier.
Subject to the provisions of this Agreement, including the limitations in U.S. Aviation Laws on ownership and control of the Common Stock and Other Securities by Non-U.S. Citizens, including those set forth in Section 5(m) and Section 5(n) hereof and the adjustments contained in Section 6 hereof, each Warrant shall entitle the Holder thereof to purchase from the Company one fully paid and nonassessable share of Common Stock at the Exercise Price.