Common use of Slots Clause in Contracts

Slots. Section 3.1(s) of the American Disclosure Letter sets forth a true, correct and complete list of all held or owned takeoff and landing slots, operating authorizations from the FAA or any other Governmental Entity and other similar designated takeoff and landing rights held or owned by American or any of its Subsidiaries (“American Slots”) on the date hereof at any domestic or international airport, and such list shall indicate and identify (i) any held or owned American Slots that have been allocated to another air carrier beyond the end-of-the current International Air Transport Association (“IATA”) traffic season and in which American and its Subsidiaries hold only temporary use rights, (ii) any American Slots that have been allocated to American and its Subsidiaries from another air carrier beyond the end-of-the current IATA traffic season and in which such other air carrier holds only temporary use rights and (iii) any Contracts, agreements or temporary government orders or decisions concerning specific American Slots or operating authorities. Except as would not, individually or in the aggregate, reasonably be expected to have an American Material Adverse Effect, (i) American and its Subsidiaries will have complied in all material respects with the requirements of the regulations issued under the Federal Aviation Act and any other Laws, rules or regulations promulgated in the United States or in any country in which American operates by either a civil aviation authority, airport authority or slot coordinator with respect to the American Slots, (ii) neither American nor any of its Subsidiaries has received, as of the date hereof, any notice of any proposed withdrawal of the American Slots by the FAA, the DOT or any other Governmental Entity, (iii)(A) the American Slots have not been designated for the provision of essential air services under the regulations of the FAA, were not acquired pursuant to 14 C.F.R. § 93.219 and have not been designated for international operations, as more fully detailed in 14 C.F.R. § 93.217 and (B) to the extent covered by 14 C.F.R. § 93.227, American and its Subsidiaries have used the American Slots (or the American Slots have been used by other air carriers) either at least 80% of the maximum amount that each American Slot could have been used during each full and partial reporting period (as described in 14 C.F.R. § 93.227(i)) or such greater or lesser amount of minimum usage as may have been required to protect such American Slot’s authorization from termination or withdrawal under regulations established by any Governmental Entity or airport authority, (iv) all reports required by the FAA or any other Governmental Entity relating to the American Slots have been filed in a timely manner and (v) except as set forth in Section 3.1(s)(v) of the American Disclosure Letter, as of the date hereof, neither American nor any of its Subsidiaries has agreed to any future American Slot slide, American Slot trade, American Slot purchase, American Slot sale or other transfer of any of the American Slots outside the ordinary course of business consistent with past practice.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Amr Corp), Agreement and Plan of Merger (Us Airways Group Inc)

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Slots. Section 3.1(s3.2(s) of the American US Airways Disclosure Letter sets forth a true, correct and complete list of all held or owned takeoff and landing slots, operating authorizations from the FAA or any other Governmental Entity and other similar designated takeoff and landing rights held or owned by American US Airways or any of its Subsidiaries (“American US Airways Slots”) on the date hereof at any domestic or international airport, and such list shall indicate and identify (i) any held or owned American US Airways Slots that have been allocated to another air carrier beyond the end-of-the current International Air Transport Association (“IATA”) IATA traffic season and in which American US Airways and its Subsidiaries hold only temporary use rights, (ii) any American US Airways Slots that have been allocated to American US Airways and its Subsidiaries from another air carrier beyond the end-of-the current IATA traffic season and in which such other air carrier holds only temporary use rights and (iii) any Contracts, agreements or temporary government orders or decisions concerning specific American US Airways Slots or operating authorities. Except as would not, individually or in the aggregate, reasonably be expected to have an American a US Airways Material Adverse Effect, (i) American US Airways and its Subsidiaries will have complied in all material respects with the requirements of the regulations issued under the Federal Aviation Act and any other Laws, rules or regulations promulgated in the United States or in any country in which American US Airways operates by either a civil aviation authority, airport authority or slot coordinator with respect to the American US Airways Slots, (ii) neither American US Airways nor any of its Subsidiaries has received, as of the date hereof, any notice of any proposed withdrawal of the American US Airways Slots by the FAA, the DOT or any other Governmental Entity, (iii)(A) the American US Airways Slots have not been designated for the provision of essential air services under the regulations of the FAA, were not acquired pursuant to 14 C.F.R. § 93.219 and have not been designated for international operations, as more fully detailed in 14 C.F.R. § 93.217 and (B) to the extent covered by 14 C.F.R. § 93.227, American US Airways and its Subsidiaries have used the American US Airways Slots (or the American US Airways Slots have been used by other air carriers) either at least 80% of the maximum amount that each American US Airways Slot could have been used during each full and partial reporting period (as described in 14 C.F.R. § 93.227(i)) or such greater or lesser amount of minimum usage as may have been required to protect such American US Airways Slot’s authorization from termination or withdrawal under regulations established by any Governmental Entity or airport authority, (iv) all reports required by the FAA or any other Governmental Entity relating to the American US Airways Slots have been filed in a timely manner and (v) except as set forth in Section 3.1(s)(v3.2(s)(v) of the American US Airways Disclosure Letter, as of the date hereof, neither American US Airways nor any of its Subsidiaries has agreed to any future American US Airways Slot slide, American US Airways Slot trade, American US Airways Slot purchase, American US Airways Slot sale or other transfer of any of the American US Airways Slots outside the ordinary course of business consistent with past practice.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Us Airways Group Inc), Agreement and Plan of Merger (Amr Corp)

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