Pledged Slots definition

Pledged Slots means, as of any date, the Slots included in the Collateral as of such date.

Pledged Slots means, as of any date, the Slots included in the Collateral as of such date, if any.

Pledged Slots shall have the meaning given to it in the Pledge and Security Agreement.

Examples of Pledged Slots 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 Slots.

• Nothing in this provision shall be interpreted to prevent the Pledgor from modifying or discontinuing its use of any of the Pledged Slots due to a determination made by the Pledgor that it is commercially reasonable not to maintain or otherwise perform with respect to any of the Pledged Slots as specified above; PROVIDED, HOWEVER, the Pledgor shall give the Collateral Agent thirty days prior notice of any material modification or any discontinuation of use of any of the Slots.

• Xxxxxxx International Airport that are included in the Collateral as Pledged Slots as of the Closing Date.

• Without in any way limiting the foregoing, the Pledgor shall promptly take all such steps as may be necessary to obtain renewal of each such Pledged Slot from the FAA, within a commercially reasonable time prior to the expiration of such authority, and shall take all such other steps as may be necessary now or in the future to maintain, renew and obtain the rights, licenses or certifications as are necessary to the continued and future use by the Pledgor of the Pledged Slots.

• 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 Slots.

More Definitions of Pledged Slots

Pledged Slots means, to the extent not constituting Excluded Assets, all Slots held, acquired, used, allocated to or available for use by such Grantor at John F. Kennedy International Airport and London Heathrow Airport.

Pledged Slots shall have the meaning provided in the Credit Agreement.

Pledged Slots means, as of any date, the Slots included in the Collateral as of such date. 1" = "1" "WEIL:\97571225\8\13173.0005" "" WEIL:\97571225\8\13173.0005

Pledged Slots means all of the FAA Slots held by the Grantor (whether or not then operated by the Grantor) at Newark Liberty International Airport, LaGuardia Airport, Xxxxxx Xxxxxx Washington National Airport and Xxxx X. Xxxxxxx International Airport, other than Excluded Slots.

Pledged Slots means all the takeoff and landing rights of the Borrower identified on Schedule I hereto.

Pledged Slots means any Slots that are property of any Grantor and set forth in Schedule II and thereafter all Additional Pledged Slots and, in each case, the Pledged Historical Rights relating thereto, excluding any such Slot that has been released from the security interest granted hereunder in accordance with the terms of the Loan Documents.

Pledged Slots means the takeoff and landing rights of the Borrower identified on Schedule I hereto, and any Replacement Slot(s) that may from time to time be substituted, pursuant to Section 6(vi) of this Agreement, for any such Pledged Slot(s)."