U.S. Air Carrier. The Borrower covenants and agrees that at all times until the Lien of the Mortgage for the Designated Aircraft shall be discharged pursuant to Section 14.01 thereof, it will be an “air carrier” within the meaning of the Federal Aviation Act operating under certificates issued pursuant to Section 41102(a) of such Act and shall otherwise meet the standards of the definition of U.S. Air Carrier.
Appears in 4 contracts
Samples: Facility Agreement (Hawaiian Holdings Inc), Facility Agreement (Hawaiian Holdings Inc), Facility Agreement (Hawaiian Holdings Inc)
U.S. Air Carrier. The Borrower covenants and agrees that at all times until the Lien of the Mortgage for the Designated Aircraft shall be discharged discharged, released or terminated pursuant to Section 14.01 thereofof the Mortgage, it will be an “air carrier” within the meaning of Section 40102(a) of the Federal Aviation Act operating under certificates issued pursuant to Section 41102(a) of such Act and shall otherwise meet the standards of the definition of U.S. Air Carrier.
Appears in 3 contracts
Samples: Facility Agreement (Virgin America Inc.), Facility Agreement (Virgin America Inc.), Facility Agreement (Virgin America Inc.)
U.S. Air Carrier. The Borrower covenants and agrees that at all times until the Lien of the Mortgage for the each Designated Aircraft shall be discharged pursuant to Section 14.01 thereof, it will be an “air carrier” within the meaning of the Federal Aviation Act operating under certificates issued pursuant to Section 41102(a40102(a) of such Act and shall otherwise meet the standards of the definition of U.S. Air Carrier.
Appears in 1 contract
Samples: Facility Agreement (Atlas Air Worldwide Holdings Inc)
