No Total Loss. At the applicable Effective Time, there shall not exist a Total Loss with respect to the Aircraft related to such Transferred Interest.
Appears in 6 contracts
Samples: Purchase, Assignment and Assumption Agreement (Polaris Aircraft Income Fund Iii), Purchase, Assignment and Assumption Agreement (Polaris Aircraft Income Fund Vi), Purchase, Assignment and Assumption Agreement (Polaris Aircraft Income Fund Vi)
No Total Loss. At the applicable Effective Time, there shall not exist a Total Loss with respect to the Aircraft related to such Aircraft Transferred Interest.
Appears in 4 contracts
Samples: Purchase, Assignment and Assumption Agreement (Polaris Aircraft Income Fund V), Purchase, Assignment and Assumption Agreement (Polaris Aircraft Income Fund Ii), Purchase, Assignment and Assumption Agreement (Polaris Aircraft Income Fund Ii)
