Maintenance Base definition

Maintenance Base shall have the meaning assigned to such term in Section 2(a)(i) of Exhibit E.

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Maintenance Base means, at any time, an amount equal to 33-1/3% of the Fair Market Value of the Pledged Shares.

Maintenance Base as used in this Agreement will include only the following locations; TULE, AFW, and ▇▇▇▇ DWH.

Examples of Maintenance Base in a sentence

• I) Long Term and Short Term Maintenance Base Rate are set as $0.75 less than the Base Rates as established in the Local Agreement.

• There is no requirement for the Committee members to be from the Maintenance Base where the vacancy exists or for the Company and Union member to be from the same Maintenance Base.

• It is preferable, but not a requirement, to have qualified personnel from each Maintenance Base.

• To the extent feasible and at the discretion of the Company, an automated calling system for the Union Representative to use in the calling of the overtime list shall be made available at each Maintenance Base.

• If there is no junior Employee in his classification at the Maintenance Base, the Employee may displace the most junior Employee in a lower rated classification at his Maintenance Base provided he has greater Company seniority.

• A Lead Mechanic will be required to be on duty at a PSA Maintenance Base when three (3) or more Mechanics are scheduled on duty, on a shift at a PSA Maintenance Base.

• An Employee who is to be laid off or displaced from his classification may displace the most junior Employee in his classification at his Maintenance Base.

• The Company and the Union will establish a Safety Committee consisting of Company and Union representatives at each main Maintenance Base.

• The Company will provide free parking at each work Maintenance Base for Employees.

• Employee does not return to the service of the Company on or before a date specified in the notice from the Company offering him recall from layoff, which date shall not be prior to fourteen (14) calendar days after the delivery of the certified letter or overnight express mail with receipt of notice provided, however, that this paragraph shall not apply to offers of temporary work or recalled to another Maintenance Base at time of layoff.

More Definitions of Maintenance Base

Maintenance Base means, at any time, an amount equal to the sum at such time of (i) 60% of the Portfolio Value at such time plus (ii) the aggregate amount of cash and Permitted Investments on deposit in the Collateral Account.

Maintenance Base means a facility where Contractor, or a third party provider on its behalf, routinely performs the daytime or overnight maintenance of the Covered Aircraft described in Paragraph 2 of Exhibit P, regardless whether such facility is owned or leased by Contractor or whether such maintenance is performed by Contractor or a third party provider. As of the Amendment Effective Date, Contractor’s maintenance bases are located at [***].

Maintenance Base means any base where ground personnel are available to service and secure an aircraft upon completion of a day of service, and to prepare an aircraft for service at the beginning of a day. "Management shall mean the chief Pilot and Pilots above that rank who are not covered under the terms and conditions of this collective agreement. “Minimum Monthly Guarantee” shall be credit hours for Pilots on all types.