Line Value definition

Line Value means the scheduled flight hours awarded on a Flight Attendant's monthly bid award (including CDO lines) or the monthly guarantee of seventy-five “75” (75:00) for full time line Flight Attendants (whichever greater) or thirty-seven and one-half hours (37:30) for Flight Attendants holding a reduced guarantee line.
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Line Value. -- means the time value of a Flight Attendant‘s final bid award consisting of scheduled block time or actual flight time, whichever is greater, inclusive of the value of any assignments to training, to include paid sick/vacation leave, that may be adjusted for trip trades or drops.
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Line Value. The time value of a Pilot’s awarded schedule. LOA: Leave of Absence. LOFT: Line Operational Flight Training. Longevity: The period of time commencing with the date the Pilot first entered initial ground school training with the Company, adjusted as set forth in this Agreement. Minimum Bid Period Guarantee (“MBPG”): The minimum contractual flight time credit hours worked by a Pilot in a bid period as set forth in this Agreement. Minimum Rest: Required rest between duty assignments in accordance with the Federal Aviation Regulations (FARs), or the provisions of this Agreement. MRO: Medical Review Officer.
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Examples of Line Value in a sentence

  • Line Value will only be reduced for the portion of the trip not actually flown.

  • Notwithstanding Section 4.2 of the Agreement, the portion of the Purchase Price allocated to the Assets and the Shares that comprise the Excluded Product Lines shall equal the Excluded Product Line Value.

  • The Indemnification Threshold shall be reduced from 2,000,000 British pounds sterling to the product of (i) 2,000,000 British pounds sterling and (ii) the ratio of the Purchase Price less the Excluded Product Line Value to the Purchase Price.

  • Maximum Line Value (MLV) – The maximum credit hour value of a pilot’s line, including carry-in credit hours.

  • The Company consents to the use by the Fund of the name "Value Line Value Fund, Inc." so long, and only so long, as this Agreement (or any agreement with any organization which has succeeded to the business of the Company) or any extension, renewal or amendment thereof, remains in effect.

  • Line Value – The time value of a pilot’s scheduled, actual, or protected flight time; to include any deadhead, training, vacation, sick leave, etc.

  • The Minimum Claim Amount shall be reduced from 100,000 British pounds sterling to the product of (i) 100,000 British pounds sterling and (ii) the ratio of the Purchase Price less the Excluded Product Line Value to the Purchase Price.

  • Any increase in time period from the Base Line Value shall be construed as Time Overrun.

  • To secure the obligations of the Seller pursuant to Sections 1(a) and 2(a) of this Amendment, at the Closing the Seller shall place cash in an amount equal to the Excluded Product Line Value in a collateral trust account at Chemical Bank and shall grant the Buyer a security interest in the proceeds of such account pursuant to a pledge and collateral trust agreement in the form attached hereto as Exhibit B.

  • Line Value will only be reduced for the portion of a trip not actually flown.


More Definitions of Line Value

Line Value means the value of a pilot's completed, scheduled or protected flight time and the value of any assignments to training other than annual training.
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Line Value means the time value of a Flight Attendant's final bid award consisting of scheduled block time or actual flight time, whichever is greater, inclusive of the value of any assignments to training, to include paid sick/vacation leave, that may be adjusted for trip trades or drops. "Longevity" -- means the period of time a Flight Attendant has actively served as a Flight Attendant with the Company. Longevity commences on the Flight Attendant's first day of Flight Attendant training. "Month" -- means the period starting from the first day of, to and includ- ing the last day of each calendar month of the year, except that for Flight Attendant scheduling and pay purposes, January, February, and March will each be considered a thirty (30) day month through the addition of January 31 and March 1 to the month of February. Leap year results in February being a 31-day month.
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Line Value means the time value of a Flight Attendant’s final bid award consisting of scheduled block time or actual flight time, whichever is greater, inclusive of the value of any assignments to training, to include paid sick/vacation leave, that may be adjusted for trip trades or drops. “Longevity” -- means the period of time a Flight Attendant has actively served as a Flight Attendant with the Company. Longevity commences on the Flight Attendant’s first day of Flight Attendant training.
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Related to Line Value

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.

  • Reference Value means the last reported sales price of the Ordinary Shares for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • Applicable Value means, as of any date, with respect to each Share, the fair value of such Share, as determined in good faith by the Board of Directors.

  • Salvage value means the amount received for property retired, less any expenses incurred in connection with the sale or in preparing the property for sale, or, if retained, the amount at which the material recoverable is chargeable to materials and supplies, or other appropriate account.