Risk Mitigation Program definition

Risk Mitigation Program means a program utilized to attract certain targeted new air service to the Airport.

Examples of Risk Mitigation Program in a sentence

  • For the purposes of this Risk Mitigation Program, "strategic destination" means those unserved domestic or international markets in the United States, Europe, Asia, Mexico and Canada as identified from time to time by the Port, and as presented to the Air Carriers at the first AAAC meeting of each year.

  • Should a Carrier receiving fee waivers for eligible service discontinue the new service at any time during the program period, this Risk Mitigation Program will immediately cease to apply to that service.

  • If the Port wishes to offer any enhancements, additions, or extensions to the Risk Mitigation Program described in this Agreement, it shall submit the revised program to the airlines and the revised elements of the Risk Mitigation Program shall be subject to the MII disapproval process, based on both Airfield and Terminal Cost Centers, as set forth in this Section.

  • At the end of the one (1) year fee waiver period, the Port shall adjust the Net Requirement for the Airfield and Terminal Cost Centers in order to recover, on a monthly basis, to the Port Cost Center one twenty-fourth (1/24) of the total fees waived until all waived fees have been recovered, or until the Air Carrier which received the Risk Mitigation Program ceases to provide the new service, whichever comes first.

  • If there are no material changes in Par’s systems, processes, policies, and procedures relating to Risk Mitigation Program, the IRO shall perform the ERM Systems Review for the first and fourth Reporting Periods.

  • Should an Air Carrier receiving fee waivers for eligible service discontinue the new service at any time during the program period, this Risk Mitigation Program will immediately cease to apply to that service.

  • If there are no material changes in Baxano Surgical’s systems, processes, policies, and procedures relating to Risk Mitigation Program, the IRO shall perform the ERM Systems Review for the first and fourth Reporting Periods.

  • At the end of the one (1) year fee waiver period, the Port shall adjust the Net Requirement for the Airfield Cost Center in order to recover, on a monthly basis, to the Port Cost Center one twenty-fourth (1/24) of the total fees waived until all waived fees have been recovered, or until the Air Carrier which received the Risk Mitigation Program ceases to provide the new service, whichever comes first.

  • For the purposes of this Risk Mitigation Program, "strategic destination" means those unserved domestic or international markets in the United States, Europe, Asia, Mexico and Canada as identified from time to time by the Port, and as presented to the Airlines at the first AAAC meeting of each year.

  • If the Port wishes to offer any enhancements, additions, or extensions to the Risk Mitigation Program described in this Agreement, it shall submit the revised program to the airlines and the revised elements of the Risk Mitigation Program shall be subject to the MII disapproval process, based on Airfield Cost Center, as set forth in this Section.