Examples of Existing Sponsor in a sentence
Collection fees, which are negotiated between each airline and the Existing Sponsor pursuant to their respective collection agreements, are invoiced to and directly paid by the Existing Sponsor, except for a small number of international airlines that deduct their collection fee before transferring the amount of passenger charges collected to the Security Trust.
The New Sponsor is expected to enter into collection agreements substantially similar to those entered by the Existing Sponsor with the airlines that will operate at the New Airport.
The Existing Sponsor enters into collection agreements with the airlines from time to time, generally on an annual basis, which provide the rules and procedures for the collection and the payment of passenger charges by the airlines and the payment of the collection fee.
The Existing Sponsor is responsible for billing and collecting passenger charges, pursuing delinquent payments, maintaining books and records and performing periodic reporting activities.
Appendix S – Part VI Existing Sponsor Services As of the Effective Date of this contract, Sponsor offers the .MUSEUM index.
As the plane becomes more level the portion ADBCA grows larger, and when the plane is completely level the portion ADBCA is equal to the entire cylinder.
To the extent that ULAA is permitted to do so under its Existing Sponsor Competitor Agreements, ULAA hereby grants Sponsor a royalty-free, sublicensable, worldwide, fully paid-up license to use the ULAA Marks in Advertising and other promotional materials solely in connection with the promotion or fulfillment of rights and benefits granted to Sponsor hereunder.
Notwithstanding anything in this Agreement to the contrary, subject to its obligations under Section 4(e) of this Article II, ULAA shall not be deemed in violation of this Agreement in fulfilling such Existing Sponsorship Competitor Rights through the term of each such Existing Sponsor Competitor Agreement.
This was particularly important since both the deposit account and the brokerage account were operated by Barclays.
The Co-Sponsor having acquired more than 40% of the share capital of RCAM from RCL pursuant to the receipt of approval from SEBI and unitholders, is now a co-sponsor of the Mutual Fund along with the Existing Sponsor in accordance with the Mutual Fund Regulations.