PFC Regulations definition
Examples of PFC Regulations in a sentence
For purposes of this Section 9.2, net principal amount shall mean the total principal amount of all PFCs that are collected by Airline or its agents on behalf of the Port, reduced by any amount that Airline is permitted to retain pursuant to § 158.53(a) of the PFC Regulations.
MAC expressly reserves the right to assess and collect PFCs in accordance with the PFC Regulations.
For purposes of this Section 6.2, in the event of a conflict between the terms of this Section and the provisions of 49 U.S.C. § 40117 or the PFC Regulations (as defined below), the provisions of the statute and PFC Regulations shall govern.
For purposes of this Section 6.2, “net principal amount” shall mean the total principal amount of all PFCs that are collected by [AIRLINE] or its Delegates on behalf of the Lessee, reduced by all amounts that [AIRLINE] is permitted to retain pursuant to Section 158.53(a) of the PFC Regulations.
Other than the amounts that [AIRLINE] is entitled to retain pursuant to Section 158.53 of the PFC Regulations, [AIRLINE] shall be entitled to no compensation.
The Company, through its subsidiary corporations, is engaged in the manufacture of specialty chemicals, including Perchlorate chemicals, sodium azide and Halotron(TM) fire suppression agents, and is engaged in the design and manufacture of environmental protection products and real estate development.
For the purposes of Section 3.04, net principal amount shall mean the total principal amount of all PFCs that are collected by the LICENSEE or its agents on behalf of the COUNTY, reduced by any amount that the LICENSEE is permitted to retain pursuant to 49 U.S.C. § 40117 and the PFC Regulations.
AIRLINE shall hold the net principal amount of all PFCs that are collected by AIRLINE or its agents on behalf of MAC in trust for MAC as and to the extent required by the PFC Regulations.
For purposes of this Section, net principal amount shall mean the total principal amount of all PFCs that are collected by AIRLINE or its agents on behalf of MAC, reduced by all amounts that AIRLINE is permitted to retain pursuant to Section 158.53(a) of the PFC Regulations.
The COUNTY expressly reserves the right to impose PFCs on airline passengers for the use of the Airport in accordance with 49 U.S.C. §40117 and applicable implementing regulations adopted by the FAA, 14 C.F.R. Part 158, as they may be amended from time to time (the "PFC Regulations").