Ahhhh...I get it now. You are saying that the arbitration panel (of three) will be presented with three lists and told that SINCE there was no joint agreement ratified between the former AAA pilots and the AWA pilots that the Nicolau Seniority arbitration "doesn't count".
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Yes. It's not that it "doesn't count", It's just that the clearly defined conditions that would make it "count" were never realized (Assuming a merger with AA happens). The Nicolau list is not an official seniority list. If it were, you could bid PHL and I could bid PHX. Neither of us can do that because it's not an official seniority list on this property.