Slot Controlled Airport definition

Slot Controlled Airport means, as of any date of determination, any of JFK, LGA, EWR or BOS to the extent that such airport is subject to regulations relating to use and allocation of slots that are substantially equivalent to IATA Level 3 as of such date of determination. As of the Effective Date, JFK and LGA are the only airports subject to this Agreement that are Slot Controlled Airports. “Slot Holdings” means, as of any date of determination with respect to either Party and any Slot Controlled Airport, the number of slots owned or otherwise held by such Party and its Affiliates at such Slot Controlled Airport as of such date and shall exclude any slots (i) leased or licensed from a third party or held on a short term or temporary basis, (ii) - leased, licensed or otherwise temporarily transferred to such Parties’ codeshare, interline or alliance partners, (iii) leased, licensed or otherwise temporarily transferred to the other Party and (iv) leased, licensed or otherwise temporarily transferred to any other party for a contractual term of two comparable travel seasons or less; provided that, any slot owned or otherwise held by either Party as of any Applicable Date at any applicable Slot Controlled Airport that is sold or otherwise permanently transferred to the other Party during the term of this Agreement shall be deemed to be part of the original Party’s Slot Holding at all times for purposes of Section 3.4.

Examples of Slot Controlled Airport in a sentence

  • Terminal C consists of 57 gates and is exclusively leased to an airline.On April 1, 2016, the Federal Aviation Administration (FAA) re-designated EWR’s level from an International Air Transport Association (IATA) Level 3, Slot Controlled Airport, to a Level 2, Schedule Facilitated Airport.

  • In the event EWR is designated as a Level 3 Slot Controlled Airport, the Consultant would be required to perform services as directed by the Port Authority.The Consultant shall work with the Authority and the FAA to confirm that EWR has the Facility resources to accommodate the proposed flights, and t h a t adequate terminal and gate space exists to handle the aircraft operations.

  • Aircraft categoryIn the event EWR is designated as a Level 3, Slot Controlled Airport, the Authority shall retain the Consultant and limit the scope of work with a reduction in fees.

  • Conflict of interest The authors declare no conflict of interest.

  • Information regarding annual traffic reports can be accessed via the following link: http://www.panynj.gov/airports/general-information.html.On April 1, 2016, the Federal Aviation Administration (FAA) re-designated EWR’s level from an International Air Transport Association (IATA) Level 3, Slot Controlled Airport, to a Level 2, Schedule Facilitated Airport.

Related to Slot Controlled Airport

  • Section 385 Controlled Partnership has the meaning set forth in Treasury Regulation Section 1.385-1(c)(1) for a “controlled partnership”.

  • Retail Store – means any business facility that sells goods directly to the consumer whether for or not-for-profit, including, but not limited to, retail stores, restaurants, pharmacies, convenience and grocery stores, liquor stores, as well as seasonal and temporary businesses.

  • Control Area(s) means an electric power system or combination of electric power systems to which a common automatic generation control scheme is applied.

  • Sub-Contractor means the person named in the Contract for any part of the works or any person to whom any part of the contract has been sublet by the contractor with the consent in writing of the Engineer-in-charge and will include the legal representatives, successors and permitted assigns of such persons.

  • Airport means public-use airport open to the public without prior permission and without restrictions within the physical capacities of available facilities.

  • Export-controlled items means items subject to the Export Administration Regulations (EAR) (15 CFR parts 730-774) or the International Traffic in Arms Regulations [(ITAR)] (22 CFR parts 120-130). The term includes—

  • designated airline means an airline designated and authorized in accordance with Article 3 of this Agreement;

  • PJM Control Area means the Control Area recognized by NERC as the PJM Control Area.

  • Grocery store means any retail establishment, the business of which consists of the sale of food, food products, or beverages for consumption off the premises.