Common use of Licenses, Permits and Franchises Clause in Contracts

Licenses, Permits and Franchises. Company holds all licenses, permits and franchises from the appropriate government entities necessary to authorize Company lawfully to engage in air transportation and to carry on scheduled commercial passenger service as currently conducted, except where the failure to so hold any such license, permit or franchise would not have a material adverse effect on the financial condition or operations of Company and its consolidated subsidiaries, taken as a whole.

Appears in 18 contracts

Samples: Participation Agreement (Jetblue Airways Corp), Participation Agreement (Jetblue Airways Corp), Participation Agreement (Jetblue Airways Corp)

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Licenses, Permits and Franchises. The Company holds all licenses, permits and franchises from the appropriate government entities necessary to authorize the Company lawfully to engage in air transportation and to carry on scheduled commercial passenger service as currently conducted, except where the failure to so hold any such license, permit or franchise would not have a material adverse effect on the financial condition or operations of the Company and its consolidated subsidiaries, taken as a whole.

Appears in 6 contracts

Samples: Participation Agreement (Spirit Airlines, Inc.), Participation Agreement (Spirit Airlines, Inc.), Participation Agreement (Spirit Airlines, Inc.)

Licenses, Permits and Franchises. Company holds all licenses, permits and franchises from the appropriate government entities necessary to authorize Company lawfully to engage in air transportation and to carry on scheduled commercial passenger service as currently conducted, except where the failure to so hold any such license, permit or franchise would not have a material adverse effect on the financial condition or operations of Company and its consolidated subsidiaries, taken as a whole.. Participation Agreement (2019-1 EETC) N976JT

Appears in 2 contracts

Samples: Participation Agreement (Jetblue Airways Corp), Participation Agreement (Jetblue Airways Corp)

Licenses, Permits and Franchises. Company holds all licenses, permits and franchises from the appropriate government entities necessary to authorize Company lawfully to engage in air transportation and to carry on scheduled commercial passenger service as currently conducted, except where the failure to so hold any such license, permit or franchise would not have a material adverse effect on the financial condition or operations of Company and its consolidated subsidiaries, taken as a whole.

Appears in 2 contracts

Samples: Participation Agreement (Fedex Corp), Participation Agreement (Fedex Corp)

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Licenses, Permits and Franchises. Company holds all licenses, permits and franchises from the appropriate government entities necessary to authorize Company lawfully to engage in air transportation and to carry on scheduled commercial passenger service as currently conducted, except where the failure to so hold any such license, permit or franchise would not have a material First Amendment to Participation Agreement (2010-2B EETC) N308DE adverse effect on the financial condition or operations of Company and its consolidated subsidiaries, taken as a whole.

Appears in 1 contract

Samples: Participation Agreement (Delta Air Lines Inc /De/)

Licenses, Permits and Franchises. Company holds all licenses, permits and franchises from the appropriate government entities necessary to authorize Company lawfully to engage in air transportation and to carry on scheduled commercial passenger service as currently conducted, except where the failure to so hold any such license, permit or franchise would not have a material adverse effect on the financial condition or operations of Company and its consolidated subsidiaries, taken as a whole.. Participation Agreement (2015-1 EETC) N801DZ

Appears in 1 contract

Samples: Participation Agreement (Delta Air Lines Inc /De/)

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