Foreign Aviation Authority definition
Examples of Foreign Aviation Authority in a sentence
Neither the Borrower nor any Guarantor has received any written notice from any applicable Foreign Aviation Authority or foreign Airport Authorities, or is otherwise aware of any other event or circumstance, that would be reasonably likely to impair in any material respect its respective right to hold and operate any Pledged Foreign Slot, except for any such impairment that, either individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect.
No Credit Party has received any notice from any applicable Foreign Aviation Authority, nor is any Credit Party aware of any other event or circumstance, that would be reasonably likely to impair Continental's right to hold and operate the Narita Slots or CMI's right to hold and operate the CMI Material Slots in any material respect.
There exists no violation of such terms, conditions or limitations that gives the FAA, DOT or any applicable Foreign Aviation Authority the right to terminate, cancel, withdraw or modify in any material adverse respect the rights of Continental with respect to the Trans-Pacific Routes, AMI with respect to the AMI Routes currently being operated by CMI or CMI with respect to the CMI Routes currently being operated by CMI.
The Grantor has not received any notice from the DOT or any Foreign Aviation Authority, and is not aware of any other event or circumstance, that would be reasonably likely to impair, in any material respect, its right to hold and operate any Narita Route.
As of the Effective Date, no Borrower has received any notice from the FAA, DOT or any applicable Foreign Aviation Authority, or is aware of any other event or circumstance, that would be reasonably likely to impair its right to hold and operate any of its Slots.