AIRWORTHINESS CERTIFICATE; REGISTRATION Sample Clauses

AIRWORTHINESS CERTIFICATE; REGISTRATION. The Aircraft when returned to Lessor shall have a currently effective airworthiness certificate and, if required by Lessor, the documentation necessary to obtain an airworthiness certificate for export to such location as may be designated by Lessor) issued by the Aeronautics Authority, and shall be in such condition and shall have such supporting documentation as would be required to maintain the airworthiness certificate from the Aeronautics Authority for FAR Part 121 passenger operations with no restrictions and the certificate of registration. The Aircraft shall be equipped for operation in accordance with FAR Part 121 passenger operations.
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AIRWORTHINESS CERTIFICATE; REGISTRATION. The Aircraft when returned to Lessor shall have a currently effective airworthiness certificate or an airworthiness certificate for export to a location designated by Lessor issued by the FAA. In addition, the Aircraft shall be in such condition and shall have such supporting documentation as would be required for a qualified owner to immediately obtain an airworthiness certificate from the FAA for FAR Part 121 passenger operations with no restrictions and an FAA certificate of registration.

Related to AIRWORTHINESS CERTIFICATE; REGISTRATION

  • Certificate Registration Except in the event the Exercise Price is paid by means of a Cashless Exercise, the certificate for the shares as to which the Option is exercised shall be registered in the name of the Optionee, or, if applicable, in the names of the heirs of the Optionee.

  • No Certificate; Registration; Registration of Transfer; Change of Address (a) The CVRs shall not be evidenced by a certificate or other instrument.

  • Certificate Register; Registration of Transfer and Exchange of Certificates (a) The Trustee shall maintain, or cause to be maintained in accordance with the provisions of Section 5.06 hereof, a Certificate Register for the Trust Fund in which, subject to the provisions of subsections (b) and (c) below and to such reasonable regulations as it may prescribe, the Trustee shall provide for the registration of Certificates and of transfers and exchanges of Certificates as herein provided. Upon surrender for registration of transfer of any Certificate, the Trustee shall execute and deliver, in the name of the designated transferee or transferees, one or more new Certificates of the same Class and aggregate Percentage Interest. At the option of a Certificateholder, Certificates may be exchanged for other Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest upon surrender of the Certificates to be exchanged at the office or agency of the Trustee. Whenever any Certificates are so surrendered for exchange, the Trustee shall execute, authenticate, and deliver the Certificates which the Certificateholder making the exchange is entitled to receive. Every Certificate presented or surrendered for registration of transfer or exchange shall be accompanied by a written instrument of transfer in form satisfactory to the Trustee duly executed by the holder thereof or his attorney duly authorized in writing. No service charge to the Certificateholders shall be made for any registration of transfer or exchange of Certificates, but payment of a sum sufficient to cover any tax or governmental charge that may be imposed in connection with any transfer or exchange of Certificates may be required. All Certificates surrendered for registration of transfer or exchange shall be cancelled and subsequently destroyed by the Trustee in accordance with the Trustee's customary procedures.

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  • Liability of Certificate Registrar and Certificate Paying Agent All provisions affording protection or rights to or limiting the liability of the Owner Trustee, including the provisions of this Agreement permitting the Owner Trustee to resign, merge or consolidate, shall inure as well to the Certificate Registrar and Certificate Paying Agent.

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