Title, Airworthiness and Registration. On the Delivery Date, the following statements shall be true, and the Owner Participant, the Indenture Trustee, the Pass Through Trustee and the Owner Trustee shall have received evidence from the Lessee reasonably satisfactory to the Owner Participant, the Indenture Trustee, the Pass Through Trustee and the Owner Trustee to the effect that: (i) the Owner Trustee has good and marketable title (subject to filing and recording of AVSA's FAA Bill of Sale with the Aeronautics Authority) to the Aircraft, xxee and clear of Liens, except the rights of the Owner Trustee and the Lessee under the Lease and the Lease Supplement covering the Aircraft, the rights of the Indenture Trustee under the Indenture and the beneficial interest of the Owner Participant created by the Trust Agreement and the interest of the Certificate Holders created by the Indenture and the Indenture and Security Agreement Supplement covering the Aircraft, which evidence shall include AVSA's FAA Bill of Sale, AVSA's Warranty Bill of Sale and the Airbus Guxxxxty; (ii) xxx Aircraft has been duly certificated by the Aeronautics Authority as to type and airworthiness in accordance with the terms of the Operative Agreements; (iii) AVSA's FAA Bill of Sale, the amended and restated Lease and the Lease Sxxxxement covering the Aircraft, the amended and restated Indenture and the Indenture and Security Agreement Supplement covering the Aircraft and the amended and restated Trust Agreement shall have been duly filed for recordation (or shall be in the process of being so duly filed for recordation) with the Aeronautics Authority pursuant to the Transportation Code; and (iv) application to the Aeronautics Authority for registration of the Aircraft in the name of the Owner Trustee shall have been duly made and the Lessee shall have temporary or permanent authority to operate the Aircraft.
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Samples: Participation Agreement (Federal Express Corp), Participation Agreement (Federal Express Corp), Participation Agreement (Federal Express Corp)
Title, Airworthiness and Registration. On the Delivery Date, the following statements shall be true, and the Owner Participant, the Indenture Trustee, the Pass Through Trustee and the Owner Trustee shall have received evidence from the Lessee reasonably satisfactory to the Owner Participant, the Indenture Trustee, the Pass Through Trustee and the Owner Trustee to the effect that:
(i) the Owner Trustee has good and marketable title (subject to filing and recording of AVSA's FAA Bill Xxxx of Sale with the Aeronautics Authority) to the Aircraft, xxee free and clear of Liens, except the rights of the Owner Trustee and the Lessee under the Lease and the Lease Supplement covering the Aircraft, the rights of the Indenture Trustee under the Indenture and the beneficial interest of the Owner Participant created by the Trust Agreement and the interest of the Certificate Holders created by the Indenture and the Indenture and Security Agreement Supplement covering the Aircraft, which evidence shall include AVSA's FAA Bill Xxxx of Sale, AVSA's Warranty Bill Xxxx of Sale and the Airbus GuxxxxtyGuaranty;
(ii) xxx the Aircraft has been duly certificated by the Aeronautics Authority as to type and airworthiness in accordance with the terms of the Operative Agreements;
(iii) AVSA's FAA Bill Xxxx of Sale, the amended and restated Lease and the Lease Sxxxxement Supplement covering the Aircraft, the amended and restated Indenture and the Indenture and Security Agreement Supplement covering the Aircraft and the amended and restated Trust Agreement shall have been duly filed for recordation (or shall be in the process of being so duly filed for recordation) with the Aeronautics Authority pursuant to the Transportation Code; and
(iv) application to the Aeronautics Authority for registration of the Aircraft in the name of the Owner Trustee shall have been duly made and the Lessee shall have temporary or permanent authority to operate the Aircraft.
Appears in 2 contracts
Samples: Participation Agreement (Federal Express Corp), Participation Agreement (Federal Express Corp)
Title, Airworthiness and Registration. On the Delivery Date, the following statements shall be true, and the Owner Participant, the Indenture Trustee, the Pass Through Trustee and the Owner Trustee shall have received evidence from the Lessee reasonably satisfactory to the Owner Participant, the Indenture Trustee, the Pass Through Trustee and the Owner Trustee to the effect that:
(i) the Owner Trustee has good and marketable title (subject to filing and recording of AVSA's FAA Bill Xxxx of Sale with the Aeronautics Authority) to the Aircraft, xxee free and clear of Liens, except the rights of the Owner Trustee and the Lessee under the Lease and the Lease Supplement covering the Aircraft, the rights of the Indenture Trustee under the Indenture and the beneficial interest of the Owner Participant created by the Trust Agreement and the interest of the Certificate Holders created by the Indenture and the Indenture and Security Agreement Supplement covering the Aircraft, which evidence shall include AVSA's FAA Bill Xxxx of Sale, AVSA's Warranty Bill Xxxx of Sale and the Airbus GuxxxxtyGuaranty;
(ii) xxx the Aircraft has been duly certificated by the Aeronautics Authority as to type and airworthiness in accordance with the terms of the Operative Agreements;
(iii) AVSA's FAA Bill Xxxx of Sale, the amended and restated Lease and the Lease Sxxxxement Supplement covering the Aircraft, the amended and restated Indenture and the Indenture and Security Agreement Supplement covering the Aircraft and the amended and restated Trust Agreement shall have been duly filed for recordation (or shall be in the process of being so duly filed for recordation) with the Aeronautics Authority pursuant to the Transportation Code; and
(iv) application to the Aeronautics Authority for registration of the Aircraft in the name of the Owner Trustee shall have been duly made and the Lessee shall have temporary or permanent authority to operate the Aircraft.
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Title, Airworthiness and Registration. On the Delivery Date, the following statements shall be true, and the Owner Participant, the Indenture Trustee, the Pass Pass-Through Trustee and the Owner Trustee shall have received evidence from the Lessee reasonably satisfactory to the Owner Participant, the Indenture Trustee, the Pass Pass-Through Trustee and the Owner Trustee to the effect that:
(i) the Owner Trustee has good and marketable title (subject to filing and recording of AVSA's the FAA Bill Xxxx of Sale with the Aeronautics Authority) to the Aircraft, xxee free and clear of Liens, except the rights of the Owner Trustee and the Lessee under the Lease and the Lease Supplement covering the AircraftLease, the rights of the Indenture Trustee under the Indenture and (including the Indenture Supplement), the beneficial interest of the Owner Participant created by the Trust Agreement Agreement, and the interest of the Certificate Holders created by the Indenture and the Indenture and Security Agreement Supplement covering the AircraftIndenture, which evidence shall include AVSA's the FAA Bill of Sale, AVSA's Warranty Bill Xxxx of Sale and the Airbus GuxxxxtyWarranty Xxxx of Sale;
(ii) xxx the Aircraft has been duly certificated by the Aeronautics Authority as to type and airworthiness in accordance with the terms of the Operative Agreementsairworthiness;
(iii) AVSA's the Old Lease Termination (if applicable and if the Old Lease was filed of record with the FAA), the FAA Bill Xxxx of Sale, the amended and restated Lease and (including the Lease Sxxxxement covering the AircraftSupplement), the amended and restated Indenture and (including the Indenture and Security Agreement Supplement covering the Aircraft Supplement), and the amended and restated Trust Agreement shall have been duly filed for recordation (or shall be in the process of being so duly filed for recordation) with the Aeronautics Authority FAA pursuant to the Transportation Code; and
(iv) application to the Aeronautics Authority FAA for registration of the Aircraft in the name of the Owner Trustee shall have been duly made filed and the Lessee shall have temporary or permanent authority to operate the Aircraft.
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Samples: Participation Agreement (Atlantic Coast Airlines Inc)
Title, Airworthiness and Registration. On the Delivery Date, the following statements shall be true, and the Owner Participant, the Indenture Trustee, the Pass Through Trustee and the Owner Trustee shall have received evidence from the Lessee reasonably satisfactory to the Owner Participant, the Indenture Trustee, the Pass Through Trustee and the Owner Trustee to the effect that:
(i) the Owner Trustee has good and marketable title (subject to filing and recording of AVSA's the FAA Bill Xxxx of Sale with the Aeronautics Authority) to the Aircraft, xxee free and clear of Liens, except the rights of the Owner Trustee and the Lessee under the Lease and the Lease Supplement covering the Aircraft, the rights of the Indenture Trustee under the Indenture and the beneficial interest of the Owner Participant created by the Trust Agreement and the interest of the Certificate Holders created by the Indenture and the Indenture and Security Agreement Supplement covering the Aircraft, which evidence shall include AVSA's FAA Bill the Bills of Sale, AVSA's Warranty Bill of Sale and the Airbus Guxxxxty;
(ii) xxx the Aircraft has been duly certificated by the Aeronautics Authority as to type and airworthiness in accordance with the terms of the Operative Agreements;
(iii) AVSA's the FAA Bill Xxxx of Sale, the amended and restated Lease and the Lease Sxxxxement Supplement covering the Aircraft, the amended and restated Indenture and the Indenture and Security Agreement Supplement covering the Aircraft and the amended and restated Trust Agreement shall have been duly filed for recordation (or shall be in the process of being so duly filed for recordation) with the Aeronautics Authority pursuant to the Transportation Code; and
(iv) application to the Aeronautics Authority for registration of the Aircraft in the name of the Owner Trustee shall have been duly made and the Lessee shall have temporary or permanent authority to operate the Aircraft.
Appears in 1 contract
Title, Airworthiness and Registration. On the Delivery Date, the following statements shall be true, and the Owner Participant, the Indenture Trustee, the Pass Through Trustee and the Owner Trustee shall have received evidence from the Lessee reasonably satisfactory to the Owner Participant, the Indenture Trustee, the Pass Through Trustee and the Owner Trustee to the effect that:
(i) the Owner Trustee has good and marketable title (subject to the filing and recording of AVSA's the FAA Bill Xxxx of Sale with the Aeronautics Authority) to the Aircraft, xxee free and clear of Liens, except the rights of the Owner Trustee and the Lessee under the Lease and the Lease Supplement covering the Aircraft, the rights of the Indenture Trustee under the Indenture and the beneficial interest of the Owner Participant created by the Trust Agreement and the interest of the Certificate Holders created by the Indenture and the Indenture and Security Agreement Supplement covering the Aircraft, which evidence shall include AVSA's FAA Bill the Bills of Sale, AVSA's Warranty Bill of Sale and the Airbus Guxxxxty;
(ii) xxx the Aircraft has been duly certificated by the Aeronautics Authority as to type and airworthiness in accordance with the terms of the Operative Agreements;
(iii) AVSA's the FAA Bill Xxxx of Sale, the amended and restated Lease and the Lease Sxxxxement Supplement covering the Aircraft, the amended and restated Indenture and the Indenture and Security Agreement Supplement covering the Aircraft and the amended and restated Trust Agreement shall have been duly filed for recordation (or shall be in the process of being so duly filed for recordation) with the Aeronautics Authority pursuant to the Transportation Code; and
(iv) application to the Aeronautics Authority for registration of the Aircraft in the name of the Owner Trustee shall have been duly made and the Lessee shall have temporary or permanent authority to operate the Aircraft.
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Title, Airworthiness and Registration. On the Delivery Date, the following statements shall be true, and the Owner Participant, the Indenture Owner Trustee, the Pass Through Trustee and the Owner Indenture Trustee shall have received evidence from the Lessee reasonably satisfactory to the Owner Participant, the Indenture Trustee, the Pass Through Trustee and the Owner Trustee each such Person to the effect that:
(i) the Owner Trustee has good and marketable title (subject to filing and recording of AVSA's FAA Bill of Sale with the Aeronautics Authority) to the AircraftAircxxxx, xxee free and clear of Liens, except the rights of the Owner Trustee and the Lessee under the Lease and the Lease Supplement covering the Aircraft, the rights of the Indenture Trustee under the Indenture and the beneficial interest of the Owner Participant created by the Trust Agreement and the interest of the Certificate Holders created by the Indenture and the Indenture and Security Agreement Supplement covering the Aircraft, which evidence shall include AVSA's FAA Bill of Sale, AVSA's Warranty Bill of Sale and the Airbus GuxxxxtyAirbux Xxaranty;
(ii) xxx Aircraft the Airxxxxt has been duly certificated certified by the Aeronautics Authority as to type and airworthiness in accordance with the terms of the Operative Agreements;
(iii) AVSA's FAA Bill of Sale, the amended and restated Lease and the Lease Sxxxxement Supplement covering the Aircraftthx Xxrcraft, the amended and restated Indenture and the Indenture and Security Agreement Supplement covering the Aircraft and the amended and restated Trust Agreement shall have been duly filed for recordation (or shall be in the process of being so duly filed for recordation) with the Aeronautics Authority pursuant to the Transportation Code; and
(iv) application to the Aeronautics Authority for registration of the Aircraft in the name of the Owner Trustee shall have been duly made and the Lessee shall have temporary or permanent authority to operate the Aircraftmade.
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Title, Airworthiness and Registration. On the Delivery Date, the following statements shall be true, and the Owner ParticipantParticipants, the Indenture Trustee, the Pass Through Trustee and the Owner Trustee shall have received evidence from the Lessee reasonably satisfactory to the Owner ParticipantParticipants, the Indenture Trustee, the Pass Through Trustee and the Owner Trustee to the effect that:
(i) the Owner Trustee has good and marketable title (subject to filing and recording of AVSA's FAA Bill of Sale with the Aeronautics Authority) to the Aircraft, xxee and clear of Liens, except the rights of the Owner Trustee and the Lessee under the Lease and the Lease Supplement covering the Aircraft, the rights of the Indenture Trustee under the Indenture and the beneficial interest of the Owner Participant Participants created by the Trust Agreement and the interest of the Certificate Holders created by the Indenture and the Indenture and Security Agreement Supplement covering the Aircraft, which evidence shall include AVSA's FAA Bill of Sale, AVSA's Warranty Bill of Sale and the Airbus Guxxxxty;
(ii) xxx Aircraft the Aircrxxx has been duly certificated by the Aeronautics Authority as to type and airworthiness in accordance with the terms of the Operative Agreements;
(iii) AVSA's FAA Bill of Sale, the amended and restated Lease and the Lease Sxxxxement covering the Aircraft, the amended and restated Indenture and the Indenture and Security Agreement Supplement covering the Aircraft and the amended and restated Trust Agreement shall have been duly filed for recordation (or shall be in the process of being so duly filed for recordation) with the Aeronautics Authority pursuant to the Transportation Code; and
(iv) application to the Aeronautics Authority for registration of the Aircraft in the name of the Owner Trustee shall have been duly made and the Lessee shall have temporary or permanent authority to operate the Aircraft.
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Title, Airworthiness and Registration. On the Delivery Date and, with respect to the Lease Supplement and the Indenture and Security Agreement Supplement, on the Lease Commencement Date, the following statements shall be true, and the Owner Participant, the Indenture Trustee, the Pass Through Trustee and the Owner Trustee shall have received evidence from the Lessee reasonably satisfactory to the Owner Participant, the Indenture Trustee, the Pass Through Trustee and the Owner Trustee to the effect that:
(i) the Owner Trustee has good and marketable title (subject to filing and recording of AVSA's the FAA Bill of Sale with the Aeronautics Authority) to the Aircraft, xxee and clear of Liens, except the rights of the Owner Trustee and the Lessee under the Lease and on the Lease Commencement Date the Lease Supplement covering the Aircraft, the rights of the Indenture Trustee under the Indenture and the beneficial interest of the Owner Participant created by the Trust Agreement and the interest of the Certificate Holders created by the Indenture and on the Lease Commencement Date the Indenture and Security Agreement Supplement covering the Aircraft, which evidence shall include AVSA's FAA Bill the Bills of Sale, AVSA's Warranty Bill of Sale and the Airbus Guxxxxty;
(ii) xxx the Aircraft has been duly certificated by the Aeronautics Authority as to type and airworthiness in accordance with the terms of the Operative Agreements;
(iii) AVSA's the FAA Bill of Sale, the amended and restated Lease and the Lease Sxxxxement covering the Aircraft, the amended and restated Indenture and the Indenture and Security Agreement Supplement covering the Aircraft and the amended and restated Trust Agreement shall have been duly filed for recordation (or shall be in the process of being so duly filed for recordation) with the Aeronautics Authority pursuant to the Transportation Code; and
(iv) application to the Aeronautics Authority for registration of the Aircraft in the name of the Owner Trustee shall have been duly made and the Lessee shall have temporary or permanent authority to operate the Aircraft.
Appears in 1 contract
Title, Airworthiness and Registration. On the Delivery Date, the following statements shall be true, and the Owner Participant, the Indenture Trustee, the Pass Through Trustee and the Owner Trustee shall have received evidence from the Lessee reasonably satisfactory to the Owner Participant, the Indenture Trustee, the Pass Through Trustee and the Owner Trustee to the effect that:
(i) the Owner Trustee has good and marketable title (subject to filing and recording of AVSA's the FAA Bill of Sale with the Aeronautics Authority) to the AircraftAircraxx, xxee free and clear of Liens, except the rights of the Owner Trustee and the Lessee under the Lease and the Lease Supplement covering the Aircraft, the rights of the Indenture Trustee under the Indenture and the beneficial interest of the Owner Participant created by the Trust Agreement and the interest of the Certificate Holders created by the Indenture and the Indenture and Security Agreement Supplement covering the Aircraft, which evidence shall include AVSA's FAA Bill the Bills of Sale, AVSA's Warranty Bill of Sale and the Airbus Guxxxxty;
(ii) xxx the Aircraft has been duly certificated by the Aeronautics Authority as to type and airworthiness in accordance with the terms of the Operative Agreements;
(iii) AVSA's the FAA Bill of Sale, the amended and restated Lease and the Lease Sxxxxement Supplement covering the xxx Aircraft, the amended and restated Indenture and the Indenture and Security Agreement Supplement covering the Aircraft and the amended and restated Trust Agreement shall have been duly filed for recordation (or shall be in the process of being so duly filed for recordation) with the Aeronautics Authority pursuant to the Transportation Code; and;
(iv) application to the Aeronautics Authority for registration of the Aircraft in the name of the Owner Trustee shall have been duly made and the Lessee shall have temporary or permanent authority to operate the Aircraft; and
(v) an OEM Amended Type Data Certificate with respect to the Aircraft.
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