CORSIA definition
Examples of CORSIA in a sentence
They agree to cooperate on these matters, with a view to developing and implementing instruments, including implementing rules for the development of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) and any other aspect of particular relevance to address GHG emissions in the aviation sector.
They agree to cooperate on these matters, with a view to develop and implement instruments, including implementing rules for the development of the Carbon Offset and Reduction Scheme for International Aviation (CORSIA) and any other aspect of particular relevance to address GHG emissions in the aviation sector.
If Seller has not caused the Renewable ATJ to be certified as an eligible fuel for participation in CORSIA within the time frame set forth in the preceding sentence, Seller shall have an additional six (6) month period to cure such failure.
If Seller has not obtained such certification under CORSIA within such six (6) month cure period, Buyer shall have the right to terminate this Agreement on twenty (20) days’ written notice to Seller, without any further liability of either Party arising out of such termination.
After obtaining the same, Seller shall maintain such Sustainability Certification and certification under CORSIA for the duration of the Term.