Wet Leasing. Provided no Event of Default has occurred and is continuing, Lessee may, subject to the restrictions contained in Section 11.6, enter into Wet Leases for the Aircraft to any Person provided that:
Wet Leasing. 1.12.01 Wet Lease means the lease, contracting in or subcontracting in of an aircraft with Pilot crew.
Wet Leasing. Outside Operators -
Wet Leasing. Lessee shall be permitted to wet-lease or charter the Aircraft provided the wet-lease or charter constitutes an arrangement whereby Lessee agrees to furnish the Aircraft to a third party pursuant to which:
Wet Leasing. Communication with the Company ........................
Wet Leasing. Wet Lease means the lease, contracting in or subcontracting in of an aircraft with Pilot crew. Wet Leasing will be utilized by the Company and/or Specialty Company only in cases of a need for service to the public of a temporary nature where the Company and/or a Specialty Company is unable to provide that service with Air Canada Pilots. The Company may elect to enter into a short term Wet Leasing arrangement with a duration of less than 30 days. The Company and/or Specialty Company and ACPA will mutually agree to a method of distributing the resulting Wet Lease pay credits. Wet Lease pay credits will not be Flight Time limiting. Wet Leasing for 30 days or more must be approved by ACPA. In the event of a Wet Lease for 30 days or more, the Company will provide compensation in accordance with the following: An average crewing requirement for the wet leased aircraft will be determined according to the stage length of the flights and the augmentation rules in this Collective Agreement. The appropriate comparator aircraft within the Collective Agreement will be determined. In the event an exact comparator is not in the Collective Agreement, the next smallest aircraft in the agreement will be used. The number of wet lease flight hours will be determined based on the speed for the comparator aircraft in the mileage pay provisions of this Collective Agreement. The hourly crew rate will be the pay rate for the average crewing requirement using the pay rates for the comparator aircraft calculated at night rates. The total compensation for the wet lease will be wet lease flight hours times the hourly crew rate. The wet lease compensation will be calculated on a monthly basis and will be provided to ACPA to be divided amongst Air Canada Pilots that were active in that month.
Wet Leasing. .01 Notwithstanding Section 2-2 (FLYING) above, wet leases (i.e. contracting with another company for the provision of an aircraft with crew) may be entered into by the Company under the circumstances listed in (a) and (b) below, provided that such leases are not entered into with a company(s) that has been declared as common employer under the Canada Labour Code.
Wet Leasing. Subject to no Insolvency Default or Event of Default having occurred and be continuing, provided that, for these purposes, Clauses 16.1(i)-(n) shall not apply during the pendency of the Chapter 11 Cases and related parallel and ancillary proceedings in Chile, Colombia, and the Cayman Islands, Lessee or a Permitted Sublessee (as the case may be) may lease the Aircraft on terms whereby the Aircraft shall at all times be in the possession and operational control of Lessee or a Permitted Sublessee (as the case may be) and operated by Lessee’s or a Permitted Sublessee’s (as the case may be) flight crew; provided always that the Aircraft shall continue to be registered in accordance with the terms of this Agreement, the term of such wet lease, charter or other agreement shall not extend beyond the lesser of (i) six (6) months (or such longer period as Lessor and Lessee may agree, each acting reasonably) or (ii) the end of the Term and the rights of the Lessee’s or a Permitted Sublessee’s (as the case may be) counter-party thereto are expressly subordinated to this Agreement and the rights of Lessor hereunder.
Wet Leasing. Communication with the Company . . . . . . . . . . . . . . . . . . . . . . .
Wet Leasing. Lessee may enter into and carry out (or permit Permitted Sublessee to enter and carry out) any wet lease with respect to the Aircraft provided that:
