Skier Days definition

Skier Days is a basic measure in the ski industry of skier visitations. Any type of single day skiing ticket issued, regardless of the revenue received, counts as one skier day. For purposes of allocating skier days to season pass holders, season pass usage is estimated according to industry standard formulas.
View Source

Examples of Skier Days in a sentence

  • At Lender's option, on the Payment Date next following ski seasons after the 1995-96 ski season, Borrower may skip the mandatory payment required by subparagraph (a) if (i) due to conditions beyond the control of Borrower, during the immediately preceding ski season Borrower experienced Skier Days of less than 295,000 and (ii) on such Payment Date the outstanding principal balance of the Loans will be below the amount set out in Schedule 2 for such Payment Date.

  • In the event that, due to conditions beyond the control of Borrower, Skier Days during the 1995-96 ski season are less than 295,000, Borrower may, in the discretion of Lender (which will not be unreasonably withheld), skip the mandatory principal payment described in subparagraph (a) above on the Payment Date next succeeding such ski season.

  • Regardless of any other provision in this Agreement to the contrary, the entire then-outstanding principal balance of the Loans shall be due and payable on May 31, 2002, unless, pursuant to subparagraph (b) above, Skier Days during the 2001-2002 ski season permit Borrower to skip the payment due on May 31, 2002, in which event the 14 entire then-outstanding principal balance shall be due and payable on May 31, 2003.

Related to Skier Days

  • Work Days means judicial days (or a day when the court is open).

  • Day/Days means calendar days, inclusive of Saturdays, Sundays and public holidays.

  • School Days means actual school attendance days during the regular academic school year including a partial day that students are in attendance at school for instructional purposes as adopted by the district or governing body of the school not to include weekends, holidays, summer school, etc.

  • Working Days means any day other than a Saturday, Sunday or public holiday in England and Wales; and

  • Observation Shift Days means the number of London Banking Days specified in the relevant Final Terms; and