Common use of Signatory Status Clause in Contracts

Signatory Status. Upon the request of any airport authority at any Service City served by an Operator hereunder and subject to Delta’s prior written consent, such Operator shall enter into an operating permit or similar agreement with such airport authority to permit such Operator to serve such Service City. In all such events, subject to Delta’s prior written consent, each Operator shall take all actions required to obtain signatory status at any Service City served by it hereunder and shall perform all conditions required by the applicable airport authority to obtain such status, including without limitation the posting of a bond or letter of credit and furnishing evidence of insurance coverage as may be required by such airport authority, provided that any expenses incurred in obtaining such signatory status shall constitute Direct Expenses of such Operator hereunder for which such Operator shall be reimbursed by Delta pursuant to Exhibit A, Section 1.03 hereof. In the event an Operator qualifies as a signatory carrier at any Service City served by it hereunder, such Operator agrees to vote on any matter submitted to the signatory carriers at such Service City for a vote as directed by Delta. All costs and continuing liabilities, including fiscal year shortfall adjustments, associated with such Operator’s obligations under such operating permit or similar agreement to pay landing fees, common use charges or other rates, charges and fees to the airport operator the Signatory obligations of such Operator shall be included in Direct Expense during the Term, and any such obligations payable after the term of the Agreement shall be paid upon invoice from such Operator to Delta. If an Operator is unable to terminate the operating permit or similar agreement conferring signatory status without cause and without penalty effective upon termination of the Agreement, if requested by such Operator, Delta will cooperate with such Operator to transfer such Operator’s signatory obligations to Delta, when permitted by the airport authority.

Appears in 2 contracts

Sources: Delta Connection Agreement (Pinnacle Airlines Corp), Delta Connection Agreement (Pinnacle Airlines Corp)

Signatory Status. Upon the request of any airport authority at any Service City served by an Operator Pinnacle hereunder and subject to Delta’s prior written consent, such Operator Pinnacle shall enter into an operating permit or similar agreement with such airport authority to permit such Operator Pinnacle to serve such Service City. In all such events, subject to Delta’s prior written consent, each Operator Pinnacle shall take all actions required to obtain signatory status at any Service City served by it hereunder and shall perform all conditions required by the applicable airport authority to obtain such status, including without limitation the posting of a bond or letter of credit and furnishing evidence of insurance coverage as may be required by such airport authority, provided that any expenses incurred in obtaining such signatory status shall constitute Direct Expenses of such Operator Pinnacle hereunder for which such Operator Pinnacle shall be reimbursed by Delta pursuant to Exhibit A, Section 1.03 hereof. In the event an Operator Pinnacle qualifies as a signatory carrier at any Service City served by it hereunder, such Operator Pinnacle agrees to vote on any matter submitted to the signatory carriers at such Service City for a vote as directed by Delta. All costs and continuing liabilities, including fiscal year shortfall adjustments, associated with such OperatorPinnacle’s obligations under such operating permit or similar agreement to pay landing fees, common use charges or other rates, charges and fees to the airport operator the Signatory obligations of such Operator Pinnacle shall be included in Direct Expense during the Term, and any such obligations payable after the term of the Agreement shall be paid upon invoice from such Operator Pinnacle to Delta. If an Operator Pinnacle is unable to terminate the operating permit or similar agreement conferring signatory status without cause and without penalty effective upon termination of the Agreement, if requested by such OperatorPinnacle, Delta will cooperate with such Operator Pinnacle to transfer such OperatorPinnacle’s signatory obligations to Delta, when permitted by the airport authority.

Appears in 1 contract

Sources: 2010 Delta Connection Agreement (Pinnacle Airlines Corp)