Holdroom definition
Examples of Holdroom in a sentence
The Per Use Gate Charge shall be equal to the product of the Terminal Rental Rate multiplied by the Standard Holdroom Square Footage (1,800 square feet) divided by an assumed usage (2.5 times per day).
The Per Use Gate Charge shall be equal to the product of the Non-signatory Terminal Rental Rate multiplied by the Standard Holdroom Square Footage (1,800 square feet) divided by 365 days per year divided by an assumed usage (2.5 times per day).
The AAAC shall provide LAWA with any comments in writing within thirty (30) days following the New Common Use Holdroom Cap Notice.
For any Signatory Airline that has paid Common Use Holdroom fees during the first six months of the Fiscal Year for Turns on a Common Use Holdroom that exceed the applicable Common Use Holdroom Cap, LAWA shall issue the Signatory Airline a credit for the difference no later than March 31 of such Fiscal Year.
LAWA shall provide written notice to the AAAC of its determination, and thereafter calculations of the Common Use Holdroom Cap shall be calculated in accordance with the adjustment.
The Per Use Gate Charge shall be equal to the product of the Non- signatory Terminal Rental Rate multiplied by the Standard Holdroom Square Footage (1,800 square feet) divided by an assumed usage (2.5 times per day).
LAWA may also terminate the Common Use Holdroom Caps on or after July 1, 2024 if LAWA provides an alternative limitation on costs for high-volume users of Common Use Holdrooms, as determined in LAWA’s reasonable discretion.
After the year-end settlement calculations, any remaining balances of such reductions in the Holdroom Requirement that do not reflect the application of federal or state grants shall be recovered in subsequent Fiscal Years by increases to the otherwise-indicated Holdroom Requirement on a schedule to be reasonably determined and, from time to time, adjusted by the City after consultation with the Signatory Airlines.
Preferential Use Space Holdroom A waiting area usually adjacent to a gate, used for assembling departing.
The Turns and aircraft class associated with any such Common Use Holdroom fees shall be included in determining the Common Use Holdroom Cap under Section 7.1. Illustrative calculations displaying how the Common Use Holdroom Cap will be calculated are attached to this Agreement as Exhibit D.