Perfected Security Interest. On the Closing Date, after giving effect to the filing of the FAA Filed Documents and the Financing Statements, Mortgagee shall have received a duly perfected first priority security interest in all of Owner's right, title and interest in the Aircraft, subject only to Permitted Liens.
Appears in 15 contracts
Samples: Participation Agreement (Continental Airlines Inc /De/), Participation Agreement (Continental Airlines Inc /De/), Participation Agreement (Continental Airlines Inc /De/)
Perfected Security Interest. On the Closing Date, after giving effect to the filing of the FAA Filed Documents Documents, the filing of the Financing Statements and the Financing Statementsregistration of the International Interest (or Prospective International Interest) of the Mortgagee in the Airframe and each Engine with the International Registry, Mortgagee shall have received a duly perfected first priority security interest in all of Owner's ’s right, title and interest in the Aircraft, subject only to Permitted Liens.
Appears in 9 contracts
Samples: Note Purchase Agreement (United Airlines, Inc.), Note Purchase Agreement (United Airlines, Inc.), Note Purchase Agreement (Sun Country Airlines Holdings, Inc.)
Perfected Security Interest. On the Closing Date, after giving effect to the filing of the FAA Filed Documents and the Financing Statements, Mortgagee shall have received a duly perfected first priority security interest in all of OwnerOwner Trustee's right, title and interest in the AircraftAircraft and the Lease, subject only to Permitted Liens.
Appears in 6 contracts
Samples: Participation Agreement (Continental Airlines Inc /De/), Participation Agreement (Continental Airlines Inc /De/), Participation Agreement (Continental Airlines Inc /De/)
Perfected Security Interest. On the Closing Date, after giving effect to the filing of the FAA Filed Documents and the Financing StatementsStatement, Mortgagee shall have received a duly perfected first priority security interest in all of Owner's ’s right, title and interest in the Aircraft, subject only to Permitted Liens.
Appears in 2 contracts
Samples: Participation Agreement (Jetblue Airways Corp), Participation Agreement (Jetblue Airways Corp)
Perfected Security Interest. On the Closing Date, after giving effect to the filing of the FAA Filed Documents and the Financing Statements, Mortgagee shall have received a duly perfected first priority security interest in all of Owner's Owner Trustee’s right, title and interest in the AircraftAircraft and the Lease, subject only to Permitted Liens.
Appears in 1 contract
Samples: Participation Agreement (Continental Airlines Inc /De/)
Perfected Security Interest. On the Closing Date, after giving effect to the filing of the FAA Filed Documents and the Financing Statements, Mortgagee shall have received a duly perfected first priority security interest in all of Owner's right, title and interest in the AircraftPledged Spare Parts, subject only to Permitted Liens.
Appears in 1 contract