Loyalty Programs. The Parent will, and will cause each of its Subsidiaries to, take all actions necessary to maintain the existence, business and operations of the Carrier Loyalty Programs as in effect on the Closing Date or on terms at least as favorable to the Lenders, as determined by the Appropriate Party in its sole discretion, except as otherwise expressly permitted under this Agreement.
Appears in 12 contracts
Sources: Loan and Guarantee Agreement (Jetblue Airways Corp), Loan and Guarantee Agreement (Frontier Group Holdings, Inc.), Loan Agreement (Jetblue Airways Corp)
Loyalty Programs. The Parent will, and will cause each of its Subsidiaries to, take all actions necessary to maintain the existence, business and operations of the Carrier Collateral Loyalty Programs as in effect on the Closing Date or on terms at least as favorable to the Lenders, as determined by the Appropriate Party in its sole discretion, except as otherwise expressly permitted under this Agreement.
Appears in 2 contracts
Sources: Loan and Guarantee Agreement (American Airlines, Inc.), Loan and Guarantee Agreement
Loyalty Programs. The Parent will, and will cause each of its Subsidiaries to, take all actions necessary to maintain the existence, business and operations of the Carrier Collateral | Loyalty Programs as in effect on the Closing Date or on terms at least as favorable to the Lenders, as determined by the Appropriate Party in its sole discretion, except as otherwise expressly permitted under this Agreement.
Appears in 1 contract
Sources: Loan and Guarantee Agreement (American Airlines, Inc.)