ORSNA definition

ORSNA means the Organismo Regulador del Sistema Nacional de Aeropuertos (the National Airports Regulatory Organization of Argentina) and its successor(s).
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Examples of ORSNA in a sentence

  • In order to guarantee the participation of the users, said regulation shall be informed to the ADVISORY COMMITTEE OF ORSNA before its approval.

  • This term shall be extended by ORSNA, with grounds, for a period of 60 (SIXTY) running days.

  • Between years 5 and 10 of the Concession, the investment percentage to be guaranteed may be reduced by half, subject to approval in advance from ORSNA.

  • ORSNA shall have to decide on the requests for guarantee reduction submitted by the LICENSEE within 30 (THIRTY) days after the request was made.

  • The lights and obligations of the Concession Holder deriving from the present Contract, relating directly or indirectly to aviation activities, shall not be assigned to any third party without the prior consent of ORSNA and the National Executive Branch.

  • Pledge of securities or goods and/or mortgages, as well as guarantee bonds shall be offered as guarantee to the satisfaction of ORSNA.

  • Any monetary fines imposed by ORSNA shall become due and payable only after the handing down of a final administrative ruling.

  • The ORSNA shall carry out its own convenience assessment and shall have the right to perform inspection activities in all the airports managed by the LICENSEE.

  • If the Concession Holder departs from the applicable standards, it shall be required to submit a written proposal to ORSNA for the latter’s approval.

  • In the event of any of the breaches of duty mentioned in the present article, ORSNA shall have the right to notify the Concession Holder that the latter must regularize the situation, on pain of rescission of the present Contract.

Related to ORSNA

  • AASHTO means the American Association of State Highway and Transportation Officials.

  • SAHRC means the South African Human Rights Commission.

  • Diocese means the Church of England diocese in which the Academies are situated;

  • ESMA means the European Securities and Markets Authority.

  • DTS means Days to Settlement, i.e., the number of actual days elapsed from and including the original Closing Day with respect to such Accepted Note (in the case of the first such payment with respect to such Accepted Note) or from and including the date of the next preceding payment (in the case of any subsequent delayed delivery fee payment with respect to such Accepted Note) to but excluding the date of such payment; and "PA" means Principal Amount, i.e., the principal amount of the Accepted Note for which such calculation is being made. In no case shall the Delayed Delivery Fee be less than zero. Nothing contained herein shall obligate any Purchaser to purchase any Accepted Note on any day other than the Closing Day for such Accepted Note, as the same may be rescheduled from time to time in compliance with paragraph 2B(7).