Japan Route FAA Slot definition

Japan Route FAA Slot means, at any time, any FAA Slot of the Pledgor, now held or hereafter acquired, at an airport in the United States that serves as an origin or destination point for nonstop flights that the Pledgor operates from time to time utilizing the Japan Routes (other than at LaGuardia Airport or Reagan National Airport, in each case to the extent otherwise pledged by the Pledgor to other Persons) to the extent such FAA Slot is actually used in conjunction with the operation of such nonstop service.
Japan Route FAA Slot means, at any time, any FAA Slot of the Pledgor, now held or hereafter acquired, at an airport in the United States that serves as an origin or destination point for nonstop flights that the Pledgor operates from time to time utilizing the Japan Routes (other than at LaGuardia Airport or Xxxxxx National Airport, in each case to the extent otherwise pledged by the Pledgor to other Persons) to the extent such FAA Slot is actually used in conjunction with the operation of such nonstop service.
Japan Route FAA Slot means, at any time, any Slot of the Company, now held or hereafter acquired, at an airport in the United States that serves as an origin or destination point for nonstop flights that the Company operates from time to time utilizing the Japan Routes to the extent such Slot is actually used in conjunction with the operation of such nonstop service (other than at LaGuardia Airport or Reagan National Airport to the extent otherwise pledged by the Company to other Persons).

Examples of Japan Route FAA Slot in a sentence

  • If at any time the Pledgor shall hold or acquire any Japan Route FAA Slot, then the Pledgor shall promptly deliver to the Collateral Trustee a blank, undated, signed Japan Route FAA Slot transfer document (substantially in the form of Exhibit A hereto or such other form reasonably satisfactory to the Collateral Trustee) with respect to such Japan Route FAA Slot to the extent such transfer document is applicable.

  • If any Event of Default shall have occurred and be continuing, then the Collateral Trustee may use the blank, undated, signed Japan Route FAA Slot transfer documents held by it from time to time (substantially in the form of Exhibit A hereto) as a means to effectuate a transfer as contemplated herein, subject in each case to applicable law.

Related to Japan Route FAA Slot

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