Airports System definition

Airports System means the state-wide system of airports including all airports, air navigation facilities, and other related facilities and properties (real, personal, or mixed), and any rights or interests in airports, air navigation facilities, and other related facilities and related properties, now or hereafter belonging to or controlled by the State or under the administration, jurisdiction, control, and management of the State, and all equipment, improvements, extensions, or betterments thereto hereafter constructed or acquired.
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Examples of Airports System in a sentence

  • Other amendments, which required the consent of 100% of the bondholders, took effect as of June 30, 2004 with the issuance of the Airports System Revenue Bonds, Refunding Series of 2003.

  • For users of the Airports System who have not signed the Agreements, the fuel flowage fee is $0.04 per gallon greater, except for aircraft under 12,500 certified maximum gross takeoff weight (CMGTW).

  • For purposes of the statement of cash flows, the Airports System considers all highly liquid investments (excluding restricted assets) with a maturity of three months or less, when purchased, to be cash equivalents.

  • Airports System employees receive time off or pay for leave hours accumulated.

  • The accounts of the Airports System are reported using the flow of economic resources measurement focus.

  • The Airports System uses the accrual basis of accounting, under which revenues are recognized when earned and expenses are recognized when incurred regardless of the timing of related cash flows.

  • The principal operating revenues of the Airports System are charges to customers for airfield operations, concession fees, rent and user fees.

  • The Airports System is required to maintain various restricted funds in compliance with the resolution authorizing issuance of its revenue bonds.

  • The Agreements provide for the DOT&PF to adjust the aforementioned rents, fees, and charges midway through the year if the projection of annual revenues made at that time is greater than 5% more or less than the anticipated Airports System requirements for the year.

  • If the Airports System does not receive enough funds during the year to meet the minimum revenue requirements stipulated in the bond covenants, the Airports System will recognize the minimum amount of revenue necessary to meet those requirements, as well as a receivable for the amount of the shortfall.

Related to Airports System

  • Waterworks System or “system” means a system of pipes and structures through which water is obtained and distributed, including but not limited to wells and well structures, intakes and cribs, pumping stations, treatment plants, storage tanks, pipelines and appurtenances, or a combination thereof, actually used or intended for use for the purpose of furnishing water for drinking or household purposes.

  • Airport System means two or more airports grouped together and serving the same city or conurbation, as indicated in Annex II to Regulation (EEC) No 2408/92;

  • MERS(R) System The system of recording transfers of Mortgages electronically maintained by MERS.

  • Airports means Chicago O’Hare International Airport and Chicago Midway International Airport.

  • 911 system means the set of network, database and customer premise equipment (CPE) components required to provide 911 service.

  • SDX System means the system used by NERC to exchange system data.

  • Mobile Network means a 3G or 4G network or any other mobile communications network which we choose to provide Mobile services.

  • Utility system means a water system, solid waste

  • Network Area means the 50 mile radius around the local school campus the Named Insured is attending.

  • XXXXX System means the XXXXX filing system of the Commission and the rules and regulations pertaining thereto promulgated by the Commission in Regulation S-T under the Securities Act and the Exchange Act, in each case as the same may be amended or succeeded from time to time (and without regard to format).

  • Computer System means a computer and all input, output, processing, storage, off-line media libraries, and communication facilities which are connected to the computer and which are under the control and supervision of the operating system(s) or application(s) software used by the ASSURED.

  • mobile plant means any machinery, appliance or other similar device that is able to move independently, and Is used for the purpose of performing construction work on a construction site;

  • Cabinet x-ray system means an x-ray system with the x-ray tube installed in an enclosure independent of existing architectural structures except the floor on which it may be placed. The cabinet x-ray system is intended to contain at least that portion of a material being irradiated, provide radiation attenuation, and exclude personnel from its interior during generation of radiation. Included are all x-ray systems designed primarily for the inspection of carry-on baggage at airline, railroad, and bus terminals, and in similar facilities. An x-ray tube used within a shielded part of a building, or x-ray equipment that may temporarily or occasionally incorporate portable shielding, is not considered a cabinet x-ray system.

  • Leak-detection system means a system capable of detecting the failure of either the primary or secondary containment structure or the presence of a release of hazardous waste or accumulated liquid in the secondary containment structure. Such a system must employ operational controls (e.g., daily visual inspections for releases into the secondary containment system of aboveground tanks) or consist of an interstitial monitoring device designed to detect continuously and automatically the failure of the primary or secondary containment structure or the presence of a release of hazardous waste into the secondary containment structure.

  • Water System or “water works” means all public facilities for securing, collecting, storing, pumping, treating, and distributing water.

  • Fuel system means the components which store or transport fuel on board the vehicle and comprise the fuel tank system, all fuel and vapour lines, any non-tank mounted fuel pumps and the activated carbon canister.

  • BT Network means BT’s public electronic communications network;

  • Transportation System means the facilities at any time in place to receive Shipper’s Gas at the Entry Point(s), process, handle, transport and redeliver the Gas at the Exit Point(s), in accordance with the Transportation Agreement, as detailed in Transportation System Description.

  • Public transportation system means all facilities, conveyances and instrumentalities, whether publicly or privately owned, that are used in or for publicly available services for the transportation of persons or cargo.

  • Web Site means the website that you are currently using (xxx.xxxxxxxxxxxxxxx.xx.xx) and any sub-domains of this site (e.g. xxxxxxxxx.xxx.xxxxxxxxxxxxxxx.xx.xx) unless expressly excluded by their own terms and conditions.

  • Customer System means the Customer's computing environment (consisting of hardware, software and/or telecommunications networks or equipment) used by the Customer or the Supplier in connection with this Contract which is owned by or licensed to the Customer by a third party and which interfaces with the Supplier System or which is necessary for the Customer to receive the Services;

  • Satellite means any satellite owned by the Issuer or any of its Restricted Subsidiaries and any satellite purchased by the Issuer or any of its Restricted Subsidiaries pursuant to the terms of a Satellite Purchase Agreement, whether such satellite is in the process of manufacture, has been delivered for launch or is in orbit (whether or not in operational service).

  • Terminals means, collectively (a) the Initial Terminals; and (b) any other terminals, storage facilities, wharfage, tankage and loading racks owned or leased by any Loan Party that are used in the Business.

  • Security System means the building access control system developed by Manager and known as the O.P.E.N.centrix - Open Platform for Essential Networks, which includes, without limitation, the Application Software, the firmware containing the Application Software, the O.P.E.N.cortex platform software and all hardware related thereto;

  • X-ray system means an assemblage of components for the controlled production of x-rays. It includes minimally an x-ray high-voltage generator, an x-ray control, a tube housing assembly, a beam-limiting device, and the necessary supporting structures. Additional components which function with the system are considered integral parts of the system.

  • PV System means a residentially hosted roof-top solar electric generating system, including photovoltaic panels, racks, wiring and other electrical devices, conduits, weatherproof housings, hardware, one or more inverters, remote monitoring systems, connectors, meters, disconnects and over current devices.