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. Participation Agreement (2011-1 EETC) [Reg. No.] 12

Appears in 1 contract

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

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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 adverse effect on the financial condition or operations of Company and its consolidated subsidiaries, taken as a whole. Participation Agreement (20112010-1 2 EETC) [Reg. No.] 12]

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 (20112010-1 EETC) [Reg. No.] 1211

Appears in 1 contract

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

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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 adverse effect on the financial condition or operations of Company and its consolidated subsidiaries, taken as a whole. First Amendment to Participation Agreement (20112010-1 1B EETC) [Reg. No.] 12N377DA

Appears in 1 contract

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

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