ACS Group Aircraft definition

ACS Group Aircraft means, collectively, the Aircraft and the Guarantor Aircraft.
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ACS Group Aircraft has the meaning assigned to such term in the Intercreditor Agreements.
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Examples of ACS Group Aircraft in a sentence

  • All Rental Payments and other amounts received pursuant to any Related Collateral Document shall be deposited into such Rental Account (including any Non-Trustee Account) as the Cash Manager may determine or as provided for in the Cash Management Agreement or, with respect to any ACS Group Aircraft held by the ACS Ireland Group, all Rental Payments and other amounts received pursuant to any Related Collateral Document related to such ACS Group Aircraft shall be deposited into the Irish Rental Account.

  • In the event that a Conversion Election is in effect and there are insufficient amounts in the Aircraft Conversion Account to discharge all obligations then due and payable in respect of such ACS Group Aircraft Conversion, then the Borrower or Guarantor may, out of funds provided to it by a Holder of a Class E Security or a Shareholder, deposit in the Aircraft Conversion Account up to an amount that would enable the Borrower or Guarantor, as applicable, to discharge such obligations.

  • Each ACS Group Member that directly owns an ACS Group Aircraft is organized in a jurisdiction that is a Contracting State.

  • The payments of the Aircraft Allocation Amount for any ACS Group Aircraft to be made pursuant to Section 3.05(a)(ii) to any Seller shall, subject to the delivery as to such ACS Group Aircraft of the Written Notice referred to in Section 3.05(a), be made as so provided notwithstanding the giving of any Default Notice or any other exercise of remedies hereunder.

  • Each Annual Report shall contain a listing of the ACS Group Aircraft that are not subject to any ACS Group Lease.

  • Any funds then on deposit in a Lessee Funded Account or the Security Deposit Account related to the ACS Group Aircraft subject to such sale or other disposition shall be applied on a basis consistent with the terms of the Lease related to such ACS Group Aircraft, if any, or as otherwise provided by the relevant agreements related to such sale or other disposition.

  • As and to the extent provided in Section 3.04 hereof, an amount equal to the Aircraft Allocation Amount for each Remaining Aircraft acquired on the relevant Acquisition Date will be transferred from the Collections Account out of the proceeds of the ACS Group Loans and the Class E Securities to the Aircraft Purchase Account for such ACS Group Aircraft.

  • Treatment with PROTEIN C CONCENTRATE was to be continued at least until the disappearance of skin lesions and until oral coagulation could be safely started.

  • The Study Abroad office will direct you in how to file a claim should you need to.

  • In the case of (x) a Closing Date for any Class E Securities issued to finance any ACS Group Aircraft Conversion or (y) any contribution made by the Holder of a Class E Security or any Shareholder pursuant to Section 3.12, the Administrative Agent shall cause the Operating Bank to transfer from the Collections Account to the Aircraft Conversion Account such amounts so received in connection with such issuance or contribution.

Related to ACS Group Aircraft

  • New Aircraft Has the meaning specified in the Note Purchase Agreement.

  • Replacement Aircraft means the Aircraft of which a Replacement Airframe is part.

  • Aircraft means any machine that can derive support in the atmosphere from the reactions of the air other than the reactions of the air against the earth’s surface;

  • Unmanned aircraft means any aircraft operating or designed to operate autonomously or to be piloted remotely without a pilot on board;

  • Substitute Aircraft Has the meaning specified in the NPA.

  • Eligible Aircraft has the meaning set forth in the second recital to the Note Purchase Agreement.

  • Leased Aircraft Has the meaning specified in the third recital to this Trust Supplement.

  • large aircraft means an aircraft, classified as an aeroplane with a maximum take-off mass of more than 5 700 kg, or a multi-engined helicopter;

  • Unmanned aircraft system means an unmanned aircraft and associated elements, including communication links and components that control the unmanned aircraft that are required for the pilot in command to operate safely and efficiently in the national airspace system.

  • Alternative fuel vehicle means a vehicle designed to be capable of running on at least one type of fuel that is either gaseous at atmospheric temperature and pressure, or substantially non-mineral oil derived.

  • Replacement Airframe means an Airbus A321 aircraft or a comparable or improved model of Manufacturer (except (a) Engines or engines from time to time installed thereon and any and all Parts related to such Engine or engines and (b) Excluded Equipment), that shall have been made subject to the Lien of the Indenture pursuant to Section 7.05 thereof, together with all Parts relating to such aircraft.

  • aircraft operator means a person that operated at least 729 commercial air transport flights departing from Union airports in the reporting period or, where that person may not be identified, the owner of the aircraft;

  • Owned Aircraft Has the meaning specified in the third recital to this Trust Supplement.

  • Operation of aircraft or “operate aircraft” means the use of aircraft for the purpose of air navigation, including the navigation or piloting of aircraft. Any person who causes or authorizes the operation of aircraft, whether with or without the right of legal control in the capacity of owner, lessee, or otherwise, of the aircraft, is engaging in the operation of aircraft.

  • Flex fuel vehicle means a vehicle with one fuel storage system that can run on different mixtures of two or more fuels.

  • Airframe means the fuselage, booms, nacelles, cowlings, fairings, airfoil surfaces including rotors (but excluding propellers and rotating airfoils of a powerplant) and landing gear of an aircraft and their accessories and controls;

  • Public aircraft means an aircraft used exclusively in the service of any government or of any political subdivision thereof, including the government of any state, territory, or possession of the United States, or the District of Columbia, but not including any government-owned aircraft engaged in carrying persons or property for commercial purposes.

  • State aircraft means an aircraft, other than a commercial aircraft, owned and operated by the government of any country or the government of a colony, dependency, province, state, territory or municipality of a country;

  • Fixed wing turbine powered aircraft means an aircraft that:

  • Commercial aircraft means any civil aircraft used in flight activity for compensation or for hire.

  • Unmanned aerial vehicle ("UAV") (9) means any aircraft capable of initiating flight and sustaining controlled flight and navigation without any human presence on board.

  • continuing airworthiness means all of the processes ensuring that, at any time in its operating life, the aircraft complies with the airworthiness requirements in force and is in a condition for safe operation;

  • APU means the auxiliary power unit of the Aircraft.

  • airframes means airframes (other than those used in military, customs or police services) that, when appropriate aircraft engines are installed thereon, are type certified by the competent aviation authority to transport:

  • aircraft type means all aircraft of the same basic design including all modifications thereto except those modifications which result in a change in handling or flight characteristics;

  • Bi-fuel vehicle means a vehicle with two separate fuel storage systems that can run part-time on two different fuels and is designed to run on only one fuel at a time;