Foreign Slots definition

Foreign Slots means all of the rights and operational authority, now held or hereafter acquired, of the Obligors to conduct one landing or takeoff operation during a specific hour or other period at each non-U.S. airport as necessary to operate any of the Routes.
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Foreign Slots has the meaning ascribed to it in the SGR Security Agreement.
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Foreign Slots has the meaning provided in the Credit Agreement (excluding the non-U.S. slots subject to the Lien created by the Existing Route Security Agreement).
Sample 1

Examples of Foreign Slots in a sentence

  • The Borrower and the Guarantors, as applicable, are utilizing, or causing to be utilized, their respective Primary Foreign Slots in a manner consistent with applicable regulations, foreign laws and contracts in order to preserve their respective right to hold and operate the Primary Foreign Slots.

  • The Lenders hereby consent to (x) the Borrower's permanent relinquishment of two (2) Primary Foreign Slots (for each winter season commencing winter 2005) at Charles de Gaulle International Airport set forth on Schedule 3 attached hereto and (y) the modification of Schedule 1.01(b) to the Credit Agreement and Schedule 4(f) to the SGR Security Agreement upon the relinquishment of the abovementioned Primary Foreign Slots.

  • The Borrower is utilizing the Foreign Slots in a manner consistent in all material respects with applicable regulations, foreign laws, and contracts in order to preserve both its right to hold and operate the Foreign Slots.

  • The Borrower has not received any notice from any applicable Foreign Aviation Authorities, nor is the Borrower aware of any other event or circumstance, that would be reasonably likely to impair its right to hold and operate the Foreign Slots in any material respect.

  • In addition, as hotels and resorts are usually one of the major origin-destination points for travelers, they can become prime locations for the dissemination of hazard risk reduction information [8].Despite the potential of hotels and resorts during disasters, the UNISDR Global Assessment Report has found that while the hotel industry is able to manage low impact hazard events well, extreme events are often poorly managed.

  • In the event that the Collateral Agent invokes its rights or remedies under (b) or (c) of this Section, each Grantor shall do or cause to be done all things necessary to preserve and keep in full force and effect its material rights in and to use its Routes, Slots and Foreign Slots until the Collateral Agent is able to complete the transfer or otherwise dispose of such Routes, Slots and Foreign Slots.

  • The Borrower has not received any notice from any applicable Foreign Aviation Authorities, nor is the Borrower aware of any other event or circumstance, that would be reasonably likely to impair its right to hold and operate any Primary Foreign Slots in any material respect.

  • Set forth on Schedule 4(f) is a true, correct and complete list of each Grantor’s Primary Foreign Slots as of the date of this Agreement, which Schedule 4(f) shall be revised from time to time by such Grantor as provided for in Section 6(d)(i) of this Agreement.

  • Notwithstanding anything to the contrary set forth in that certain Waiver and Consent Letter, dated as of September 30, 2003, the Lenders hereby agree that the Borrower will not be required to prepay the Loans (and permanently reduce the Total Tranche A Commitment and the Total Tranche B Commitment) with any portion of the proceeds of the Slot Transactions relating to certain Primary Foreign Slots at Heathrow Airport referred to in such Waiver and Consent Letter.

  • No Guarantor has (or will have) any right, title or interest in any of the Slots, Foreign Slots, Routes, Supporting Route Facilities or Gate Leaseholds.


More Definitions of Foreign Slots

Foreign Slots has the meaning provided in the Credit Agreement.
Sample 1

Related to Foreign Slots

  • Foreign Service means service in which a Government servant receives his pay with the sanction of Government from any source other than the Consolidated Fund of India or the Consolidated Fund of any State or the Consolidated Fund of a Union Territory;

  • foreign State means a jurisdiction other than the United States, a state, or a federally recognized Indian tribe.

  • Foreign Air Carrier means any air carrier which is not a U.S. Air Carrier and which performs maintenance, preventative maintenance and inspections for the Aircraft, Airframe and/or any Engine or engine to standards which are approved by, or which are substantially equivalent to those required by, the Federal Aviation Administration, the Civil Aviation Authority of the United Kingdom, the Direction Generale de l'Aviation Civile of the French Republic, the Luftfahrt Bundesamt of the Federal Republic of Germany, the Rijflauchtraatdienst of the Kingdom of the Netherlands, the Ministry of Transportation of Japan or the Federal Ministry of Transport of Canada (and any agency or instrumentality of the applicable government succeeding to the functions of any of the foregoing entities).

  • Foreign Securities System means an Eligible Securities Depository listed on Schedule B hereto.

  • Eligible Foreign Subsidiary means any Foreign Subsidiary that is approved from time to time by the Administrative Agent and each of the Lenders.

  • Foreign Asset Sale shall have the meaning provided in Section 5.2(i).

  • Foreign country means a country, including a political subdivision thereof, other than the United States, that authorizes the issuance of support orders and:

  • Foreign Assets means any of the Portfolios’ investments (including foreign currencies) for which the primary market is outside the United States and such cash and cash equivalents as are reasonably necessary to effect the Portfolios’ transactions in such investments.

  • foreign financial institution means an institution registered as a foreign financial institution with the Ministry of Finance in the Mexican Banking and Financial Institutions, Pensions, Retirement and Foreign Investment Funds Registry for purposes of Article 195, Section I of the Mexican Income Tax Law.

  • Direct Foreign Subsidiary means a Subsidiary other than a Domestic Subsidiary a majority of whose Voting Securities, or a majority of whose Subsidiary Securities, are owned by the Borrower or a Domestic Subsidiary.

  • Designated Foreign Subsidiaries means all members of the Company Group that are organized under the laws of any jurisdiction or country other than the United States of America that may be designated by the Board or the Committee from time to time.

  • Foreign Sub-Custodian means a foreign banking institution serving as an Eligible Foreign Custodian.

  • Foreign flag vessel means any vessel that is not a U.S.-flag vessel.

  • Excluded Foreign Subsidiary any Foreign Subsidiary in respect of which either (a) the pledge of all of the Capital Stock of such Subsidiary as Collateral or (b) the guaranteeing by such Subsidiary of the Obligations, would, in the good faith judgment of the Borrower, result in adverse tax consequences to the Borrower.

  • Foreign Security Documents means any agreement or instrument entered into by any Foreign Subsidiary Borrower that is reasonably requested by the Collateral Agent providing for a Lien over the assets (including shares of other Subsidiaries) of such Foreign Subsidiary Borrower.

  • Foreign Subsidiary Borrower means any Eligible Foreign Subsidiary that becomes a Foreign Subsidiary Borrower pursuant to Section 2.23 and that has not ceased to be a Foreign Subsidiary Borrower pursuant to such Section.

  • Foreign Subsidiary means any Subsidiary that is not a Domestic Subsidiary.

  • Foreign government means any jurisdiction other than the one embraced within the United States, its territories, and its possessions.

  • foreign company means any company or body corporate incorporated outside India which—

  • Foreign Securities include: securities issued and sold primarily outside the United States by a foreign government, a national of any foreign country or a corporation or other organization incorporated or organized under the laws of any foreign country and securities issued or guaranteed by the government of the United States or by any state or any political subdivision thereof or by any agency thereof or by any entity organized under the laws of the United States or of any state thereof which have been issued and sold primarily outside the United States.

  • Foreign Subsidiaries means Subsidiaries of Borrower which are organized under the laws of a jurisdiction other than the United States of America, any State of the United States or any political subdivision thereof.