Severe Decline in Enplanements for Three Months definition

Severe Decline in Enplanements for Three Months means that the actual Enplanements achieved during a one month period is less than 80% of the actual Enplanements of the same Reference Month in the Reference Year, and such shortfall continues for three (3) consecutive months.
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Severe Decline in Enplanements for Three Months means that the actual Enplanements achieved during a one-month period is less than 80% of the actual Enplanements of the same Reference Month in the Reference Year, and such shortfall continues for three (3) consecutive months.
Sample 1Sample 2Sample 3

Examples of Severe Decline in Enplanements for Three Months in a sentence

  • Director shall have the sole discretion as to the Enplanement calculations, and whether there exists a Severe Decline in Enplanements for Three Months and/or an Enplanement Stabilization for Two Months.

  • Month 112.5 112.5 87.5 77.8 72.2 72.2 69.2 91.7 63.6 88.9 87.5 88.9 (j) Then, there occurs a Severe Decline in Enplanements for Three Months with respect to the months April 2005 – June 2005, and the MAG shall be suspended effective July 1, 2005.

  • Month 112.5 112.5 87.5 77.8 72.2 72.2 69.2 91.7 63.6 88.9 87.5 88.9 Then, there occurs a Severe Decline in Enplanements for Three Months with respect to the months April 2005 – June 2005, and the MAG shall be suspended effective July 1, 2005.

  • The MAG suspension shall be effective on the first day of the month immediately following the Severe Decline in Enplanements for Three Months.

  • Month 112.5 112.5 87.5 77.8 72.2 72.2 69.2 91.7 63.6 88.9 87 .5 88.9 (j) Then, there occurs a Severe Decline in Enplanements for Three Months with respect to the months April 2005 – June 2005, and the MAG shall be suspended effective July 1, 2005.

  • Month 112.5 112.5 87.5 77.8 72.2 72.2 69.2 91.7 63.6 88.9 87.5 88.9 (j) Then, there occurs a Severe Decline in Enplanements for Three Months with respect to the months April 2015 – June 2015, and the MAG shall be suspended effective July 1, 2015.

  • Month 112.5 112.5 87.5 77.8 72.2 72.2 69.2 91.7 63.6 88.9 87.5 88.9 (j) Then, there occurs a Severe Decline in Enplanements for Three Months with respect to the months April 2024 – June 2024, and the MAG shall be suspended effective July 1, 2024.

  • Once there is Enplanement Stabilization for Two Months, then the MAG is reinstated, and will continue unless and until there is another Severe Decline in Enplanements for Three Months, as follows: Such MAG reinstatement will be effective on the first day of the month following an Enplanement Stabilization for Two Months.

  • Month 77.8 72.2 72.2 69.2 91.7 63.6 88.9 87.5 88.9 (j) Then, there occurs a Severe Decline in Enplanements for Three Months with respect to the months April 2005 – June 2005, and the MAG shall be suspended effective July 1, 2005.

  • If at any time during the term, there is a Severe Decline in Enplanements for Three Months, then the MAG shall be temporarily suspended as follows: The MAG suspension shall be effective on the first day of the month immediately following the Severe Decline in Enplanements for Three Months.

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