Examples of New Jet Service Agreement in a sentence
Upon transition of the Owned Aircraft and Leased Aircraft as described above, Republic will operate the Owned Aircraft and Leased Aircraft as US Airways Express under the terms of the New Jet Service Agreement, as amended in accordance with the terms of Exhibit D.
The CIA’s computing and network systems are a CIA-owned resource and business tool to be used only by authorized persons for CIA business and academic purposes.
US Airways will assign its rights and Republic will assume all of US Airways’ obligations under the current lease agreements covering the Leased Aircraft, subject to US Airways paying any cure costs related thereto and to Republic’s satisfaction with the terms and conditions of such lease agreements; such assignment and assumption to occur as the leased aircraft are transitioned to the Republic Certificate as provided below and begin operation under the New Jet Service Agreement.
The LGA Slots will be licensed at an annual license fee, payable monthly in arrears, in an amount equal to the level monthly payments sufficient to fully amortize the purchase price over the earlier of the expiration of the term of the New Jet Service Agreement or that date on which the Slots or their functional equivalent expire at an annual interest rate of [REDACTED].
Republic will operate the Additional Jet Service Aircraft as US Airways Express under the terms of the New Jet Service Agreement, as amended in accordance with Exhibit D.
On the Closing Date for such Item of Equipment, no event shall have occurred and be continuing, or would result from the sale of such Item of Equipment or the other transactions contemplated by this Article VII, which constitutes a Material Default under any Slot/Gate Transaction Agreement, the Existing Jet Service Agreement, the New Jet Service Agreement or any Aircraft Transaction Agreement.
The term of the New Jet Service Agreement with respect to the Owned Aircraft and the Leased Aircraft shall be 10 years from the date that the first such aircraft goes into service.
Pre-emergence claims of Chautauqua for breach of the Jet Service Agreements (including the New Jet Service Agreement) shall be limited to allowed administrative claims for any obligations thereunder arising before the date of breach and allowed general unsecured pre-petition claims for future damages resulting from the rejection or termination of the Jet Service Agreements and for obligations that become due and payable after the date of breach.
The term of the New Jet Service Agreement with respect to any Additional Jet Service Aircraft (as defined in the Investment Agreement), if operated under the New Jet Service Agreement, shall be 10 years from the date that the first Additional Jet Service Aircraft goes into service under the New Jet Service Agreement.
Upon consummation of the Closing for each Aircraft and, in the case of an Owned Aircraft, upon termination of the applicable Temporary Lease and return of such Aircraft to Republic Airline in accordance with the terms of such Temporary Lease, Republic will cause the applicable Republic Designee to operate such Aircraft as “US Airways Express” under the terms of the New Jet Service Agreement.