Managed Aircraft definition
Examples of Managed Aircraft in a sentence
Where SAIL appoints DAIL to perform Repossession and Non- Scheduled Events Services for such Lease Managed Aircraft, no Lease Management Fee shall be payable in respect of such Lease Managed Aircraft for so long as DAIL continues to perform Repossession and Non- Scheduled Events Services and/or any Remarketing Services related to the repossession of such Lease Managed Aircraft.
In the event the owners of Managed Aircraft do not wish such Managed Aircraft to be tracked by a flight tracking service requested by the Blade Parties, the Air Carriers will provide the Blade Parties with access to the flight tracking service the Air Carriers use for tracking such Managed Aircraft.
The location, design and application of the decals on the Managed Aircraft shall be mutually agreed upon by the Parties and the owners of the Managed Aircraft.
To the extent that Seller ceases to manage one or more of the Seller Managed Aircraft between the date hereof and the Closing Date, and such Seller Managed Aircraft are not replaced by at least an equivalent number of additional Seller Managed Aircraft of a similar or better type Buyer may amend Schedule 9.02(a), at Buyer’s discretion, to add one or more of the employees of Seller associated with such Seller Managed Aircraft.
The Lease Management Fee in respect of each Leased Managed Aircraft shall be US$8,000 per month, payable by SAIL monthly in arrear no later than 10 business days following receipt of an invoice from DAIL each month.
Buyer acknowledges and agrees that Buyer will not have any recourse against Seller or Parent, and correspondingly will not incur any Losses, in the event that one or more of the Managed Aircraft Agreements are not assigned to Buyer or New Jetride, or one or more of such Managed Aircraft Agreements are terminated in accordance with the terms thereof following any such assignment.
The Company cannot assign or force an employee to accept an assignment on a Company Managed Aircraft.
Employees operating Company Managed Aircraft will hold and accrue seniority on the seniority list.
VictoriaA planning permit is required from Gannawarra Shire Council under the Gannawarra Planning Scheme to remove trees on the Victorian side of the river.The use of land for a road does not need a planning permit under this scheme.
After serving any time or service commitment defined in the employee operating portfolio employees operating Company Managed Aircraft have the right to bid to fill position vacancies in accordance with section A23 of this Agreement Should an employee operating a Company Managed Aircraft lose his position for any reason other than gross misconduct he will have the right to bid for the next open position vacancy in accordance with section A23 of this Agreement.