Component Pool Sample Clauses

Component Pool. LHT shall grant Volaris access to serviceable Pool Components available in the Component Pool in order to replace Volaris’ unserviceable Components by serviceable Components on a 1:1 forward exchange basis. Volaris may request during the term of this Agreement Pool Components in order to: • replace unserviceable Pool Components from the Pool Aircraft during a line maintenance or heavy maintenance. • replace Pool Components in the Aircraft due to Modifications, layovers or hard times. • replace Pool Components on attrition due to upgrades, retrofits, service bulletins, airworthiness directives or reliability improvements. • Replace Pool Components in the Aircraft due to Soft Times. • replace Pool Components in the Home Base Stock that have to be replaced due to a change in Modification standard or the expiry of storage limits (“Home Base Stock Replacement”). • replenish the quantity of Pool Components in the Home Base Stock to the Agreed HBS Level (“Home Base Stock Replenishment”). Such replenishment may be refused if: • — Volaris loaned a Pool Component to a third party (Article 3.1.7), • — Volaris exchanged a Pool Component with a third party and received in exchange a Pool Component that is in need of repair or Modification before it can be used by Volaris (Article 3.1.7).
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Related to Component Pool

  • Realized Losses Realized Losses shall be allocated first against the Overcollateralization Amount, until the Overcollateralization Amount has been reduced to zero. If, after giving effect to the distribution of the Principal Distribution Amount on any Distribution Date the aggregate Class Certificate Balance of the Offered Certificates exceeds the Pool Principal Balance as of the end of the related Due Period, such excess will be allocated against the Class B-3, Class B-2, Class B-1, Class M-6, Class M-5, Class M-4, Class M-3, Class M-2 and Class M-1 Certificates, in that order and until the respective Class Certificate Balances thereof are reduced to zero.

  • Cut-Off Date Aggregate Principal Balance The Cut-Off Date Aggregate Principal Balance is $850,069,757.10

  • Annual Percentage Rate Each Receivable has an APR of not more than 25.00%.

  • Pool Characteristics The Mortgage Loans in the related Mortgage Loan Package have the characteristics as set forth on Exhibit 2 to the related Assignment and Conveyance.

  • UPPER-TIER REMIC REMIC 4.

  • TIER REMIC The Lower-Tier REMIC will hold the Mortgage Loans and will issue the Class LA1, Class LA2, Class LA3, Class LA4, Class LAAB, Class LABP, Class LAS, Class LB, Class LC, Class LD, Class LE, Class LF, Class LG and Class LH Uncertificated Interests (the “Lower-Tier Regular Interests”), which will evidence the “regular interests” in the Lower-Tier REMIC created hereunder. The Lower-Tier REMIC will also issue the uncertificated Class LR Interest, which is the sole Class of “residual interests” in the Lower-Tier REMIC and is represented by the Class R Certificates. The following table sets forth the Original Lower-Tier Principal Amounts and per annum rates of interest for the Lower-Tier Regular Interests and the Class LR Interest: Designation Interest Rate or Pass- Through Rate Original Lower-Tier Principal Amount Class LA1 (1) $ 14,278,000 Class LA2 (1) $ 72,424,000 Class LA3 (1) $ 270,000,000 Class LA4 (1) $ 311,927,000 Class LAAB (1) $ 35,645,000 Class LABP (1) $ 10,000,000 Class LAS (1) $ 70,152,000 Class LB (1) $ 44,642,000 Class LC (1) $ 56,122,000 Class LD (1) $ 28,979,000 Class LE (1) $ 27,142,000 Class LF (1) $ 26,786,000 Class LG (1) $ 10,204,000 Class LH (1) $ 42,091,386 Class LR N/A(2) N/A

  • Percentage Interest Ownership of the Company shall be divided into, represented by, and each Member’s Percentage Interest shall be expressed in Units of the Company. The name, address, Units and Percentage Interest of each Member are set forth on Exhibit “A” attached hereto, which may be amended from time to time as necessary to reflect changes in the Percentage Interests and Units held by the Members.

  • Total Realized Loss (or Amount of Any Gain 23. The total derived from subtracting line 22 from 13. If the amount represents a realized gain, show the amount in parenthesis ( ). Exhibit 3A: Calculation of Realized Loss/Gain Form 332 Prepared by: __________________ Date: _______________ Phone: ______________________ Email Address:_____________________ Servicer Loan No. Servicer Name Servicer Address XXXXX FARGO BANK, N.A. Loan No._____________________________ Borrower's Name: _________________________________________________________ Property Address: _________________________________________________________

  • Allocation of Applied Realized Loss Amounts Any Applied Realized Loss Amounts shall be allocated by the Trustee to the most junior Class of Subordinated Certificates then Outstanding in reduction of the Class Certificate Balance thereof.

  • ORIGINAL CLASS A NON-PO PRINCIPAL BALANCE The Original Class A Non-PO Principal Balance is $170,009,500.00.

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