Revenue Use Policy definition

Revenue Use Policy means, collectively, the FAA policy set out in 64 Federal Register 7696 (February 16, 1999), and amended in 79 Federal Register 66282 (November 7, 2014), and 49 USC § 47107, 47133.
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Examples of Revenue Use Policy in a sentence

  • Consistency with FAA Airport Improvement Program (AIP) grant assurances and the FAA Airport Revenue Use Policy is to be considered by the County when reviewing a possible waiver of all or any portion of these Minimum Standards.

  • The Revenue Use Policy defines permitted uses of airport revenue.

  • Consistency with FAA Airport Improvement Program (AIP) grant assurances and the FAA Airport Revenue Use Policy is to be considered by the City when reviewing a possible waiver of all or any portion of these Minimum Standards.

  • The airport must recover fair market value (FMV) payment for the nonaeronautical use of airport property to the extent required by the Revenue Use Policy.

  • The Revenue Use Policy document defines permitted and prohibited uses of airport revenue.

  • In the event the airport ceases to operate, any assets or liabilities remaining from such property acquired after the commencement of this agreement, and after the full satisfaction of all federal obligations, grant repayments to the FAA, and satisfaction of FAA’s Revenue Use Policy, shall be distributed to the parties in the same proportion as the financial contribution of the parties for its acquisition.

  • If the Airport owns a transit system and its use is for the transportation of airport passengers, property, employees, and visitors, the Airport may make its property available at less than FMV rent for public transit Terminals, right-of-way, and related facilities without violating the Revenue Use Policy or Self-sustainable requirements.

  • All assets and liabilities acquired by the Board will remain the property of the airport and used for airport maintenance and operations consistent with FAA’s Revenue Use Policy.

  • Descriptive Title of Applicant’s Project: Any purpose for which airport funds may be lawfully used, as found in the Office of Airports Revenue Use Policy, except airport development or land acquisition.Attach supporting documents as specified in agency instructions.OMB Number: 4040-0004Expiration Date: 12/31/2022Application for Federal Assistance SF-42416.

  • The purpose of the grant is to provide for airport funds which may be lawfully used, as found in the Office of Airports Revenue Use Policy, such as Airport operating expenses to include payroll, airfield safety, airport security, and terminal maintenance.

Related to Revenue Use Policy

  • Fair Use Policy means the fair use policy governing the Support Services attached in Exhibit 1, as may be amended by WSP from time to time.

  • Acceptable Use Policy means the policy located at xxxx://xxx.xxxxxx.xxx/aup (and any successor or related locations designated by us), as it may be updated by us from time to time.

  • Service Level Agreement or SLA means the processes, deliverables, key performance indicators and performance standards relating to the Services to be provided by the Service Provider;

  • Channel migration zone (CMZ) means the area where the active channel of a stream is prone to move and this results in a potential near-term loss of riparian function and associated habitat adjacent to the stream, except as modified by a permanent levee or dike. For this purpose, near-term means the time scale required to grow a mature forest. (See board manual section 2 for descriptions and illustrations of CMZs and delineation guidelines.)

  • Local Upgrades means modifications or additions of facilities to xxxxx any local thermal loading, voltage, short circuit, stability or similar engineering problem caused by the interconnection and delivery of generation to the Transmission System. Local Upgrades shall include:

  • Paycheck Protection Program means loan program created by Section 1102 of the CARES Act.

  • Service Descriptions means user manuals and other documentation relating to the Services that are made available to Customer by Provider in digital or hardcopy form, as updated from time to time.