Examples of Pledged Routes in a sentence
Except as otherwise provided in this Section 6(i), Pledgor will do or cause to be done all things necessary to preserve and keep in full force and effect its material rights in and to use its Pledged Routes.
The Pledgor shall further take all actions necessary or, in the reasonable judgment of Collateral Agent, advisable in order to maintain the Pledgor's material rights in and the Pledgor's right to use the Pledged Routes.
It is understood and agreed that the last two columns of Schedule I are intended to be descriptive of the Pledged Routes listed on such Schedule as of the date hereof and shall not be construed as limiting in any way the Collateral subject to this Agreement.
Nothing in this provision shall be interpreted to prevent the Pledgor from modifying or discontinuing service on any of the Pledged Routes due to a determination made by the Pledgor that it is commercially reasonable not to maintain or otherwise perform such service on any of the Pledged Routes as specified above; PROVIDED, HOWEVER, the Pledgor shall give the Collateral Agent thirty days prior notice of any discontinuation or material modification of service on any Pledged Routes.
The Pledgor shall further take all actions necessary or, in the reasonable judgment of Collateral Agent, advisable in order to maintain the Pledgor’s material rights in and the Pledgor’s right to use the Pledged Routes.
Nothing in this provision shall be interpreted to prevent the Pledgor from modifying or discontinuing service on any of the Pledged Routes due to a determination made by the Pledgor that it is commercially reasonable not to maintain or otherwise perform such service on any of the Pledged Routes as specified above; provided, however, the Pledgor shall give the Collateral Agent thirty days’ prior notice of any discontinuation or material modification of service on any Pledged Routes.
Nothing in this provision shall be interpreted to prevent the Pledgor from modifying or discontinuing service on any of the Pledged Routes due to a determination made by the Pledgor that it is commercially reasonable not to maintain or otherwise perform such service on any of the Pledged Routes as specified above; provided, however, the Pledgor shall give the Collateral Agent thirty days' prior notice of any discontinuation or material modification of service on any Pledged Routes.
The Company and CMI each will pay any applicable filing fees and other expenses related to the submission of applications, renewal requests, and other filings as may be reasonably necessary to maintain or obtain its rights in its Pledged Routes (or, in the case of CMI, the CMI Material Routes) and have access to its Pledged Gate Leaseholds (or, in the case of CMI, the CMI Material Gate Leaseholds).