Aircraft Age definition

Aircraft Age means for any Aircraft, as of any date of determination, the result of (a) the number of days elapsed from the date of manufacture of such Aircraft to such date of determination, divided by (b) 365.
Sample 1Sample 2Sample 3
Aircraft Age means the age in integral number of completed elapsed years of an Aircraft since its date of manufacture (or, if such Aircraft has been subjected to a Freighter Conversion to a Freighter Type, since the related Freighter Conversion Effective Date), such integral number rounded upwards in the case of six months or more having elapsed since the last anniversary of such Aircraft’s date of manufacture (or related Freighter Conversion Effective Date, as applicable). With respect to an Aircraft that becomes a Financed Aircraft on a date that is after a Determination Date (or, if the first Determination Date has not yet occurred, the Closing Date) and is before or on the next succeeding Determination Date, the Aircraft Age of such Aircraft will be deemed to be its Aircraft Age in years on and as of such next succeeding Determination Date, subject to the rounding convention set forth in the preceding sentence.
Sample 1Sample 2
Aircraft Age means, where such term is used in the definitions of Aircraft Age Limit, Aircraft Age Advance Rate Adjustment and Weighted Average Aircraft Age, the age in integral number of completed elapsed months of an Aircraft since its date of manufacture (or, if such Aircraft has been subjected to a Freighter Conversion to a Freighter Type, since the related Freighter Conversion Effective Date). With respect to an Aircraft that becomes a Funded Aircraft on a date that is after a Determination Date (or, if the first Determination Date has not yet occurred, the Closing Date) and is before or on the next succeeding Determination Date, the Aircraft Age of such Aircraft for purposes of the foregoing definitions will be deemed to be its Aircraft Age in months on and as of such next succeeding Determination Date.
Sample 1Sample 2

Examples of Aircraft Age in a sentence

  • In the event Sun Country introduces additional Aircraft into this Agreement, the PBTH rate for such Aircraft shall be based on the age of such aircraft as follows: Aircraft Age at Induction, months from OEM deliver PBTH Rate 0 to 6 $ 95 7 to 12 $ 118 13 to 28 $ 133 29 to 36 $ 145 >37 $ 150 Delta reserves the right to amend the rates specified above in the event of unusual circumstances surrounding the aircraft being introduced into this Agreement.

  • Each Additionally Financed Aircraft has an Aircraft Age of less than the Aircraft Age Limit for Aircraft of its Type.

  • To operate an airplane beyond the 5 Analysis of Impact of Aircraft Age on Safety for Air Transport Jet Airplanes, Professor R.

  • Each Additionally Financed Aircraft has an Aircraft Age of less than the Aircraft Age Limit.

  • The PBTH rate for each Aircraft shall be adjusted based on the age of the aircraft as follows: Aircraft Age, months from OEM delivery PBTH Rate 0 to 36 $ 55 37 to 60 $ 115 >60 $ 150 Delta reserves the right to amend the rates specified above in the event of unusual circumstances surrounding Aircraft introduced into this Agreement after the Effective Date.

  • No such Additionally Financed Aircraft will be Off-Lease unless, (x) the Aircraft Age of such Additionally Financed Aircraft is less than 1 month from the date of manufacture and (y) immediately after giving effect to such Additional Advance, the outstanding Advances allocable to Aircraft that are Off-Lease shall be not more than 7.5% of the outstanding Advances of all Aircraft in the Borrower’s Portfolio.

  • The final objective is to evaluate the obtained results, give recommendations and identify critical factors that improve or degrade the real time streaming of PMU data by studying and verifying the network behavior.

  • Introduction 227Active Officer Data 228Active Enlisted Data 231Reserve Officer Data 235Reserve Enlisted Data 237Marine Corps Fiscal Resource Overview Chart 239FY12 TOA Chart 240FY12 Appropriations Chart 240Marine Corps Procurement Chart 241Marine Corps Ground Equipment Age Chart 241Marine Corps Aircraft Age Chart 242CHAPTER 1 THE UNITED STATES MARINE CORPS: AMERICA’S EXPEDITIONARY FORCE IN READINESS The Marine Corps is America’s Expeditionary Force in Readiness–– a balanced air-ground-logistics team.

  • The data collected and used by the OEM/TCH regarding Evolution/Optimization shall include the following information:.5.1 Aircraft Age Aircraft age (since delivery) is measured in calendar days, flight hours, or flight cycles, as applicable.

  • States can be assigned with cvs admin-s—see Section A.6.1 [admin options], page 87.

Related to Aircraft Age

  • 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;

  • 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;

  • 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.

  • New Aircraft Has the meaning specified in the NPA.

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

  • aircraft objects means airframes, aircraft engines and helicopters;

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

  • Airframe means the Aircraft excluding the Propulsion Systems.

  • 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 Documents means all flight records, maintenance records, historical records, modification records, overhaul records, manuals, logbooks, authorizations, drawings and data relating to the Airframe, any Engine, or any Part, or that are required by Applicable Law to be created or maintained with respect to the maintenance and/or operation of the Aircraft.

  • APU means the auxiliary power unit of the Aircraft.

  • 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.

  • Civil aircraft means any aircraft other than a public aircraft.

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

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

  • Engines means, as of any date of determination, all Engines then leased hereunder.

  • Spacecraft (9) means active and passive satellites and space probes.

  • 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.

  • Passenger vessel means any boat, ship, vessel, barge, or other floating craft of any kind carrying passengers for compensation.

  • Substitute Aircraft Has the meaning specified in the NPA.

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

  • 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;

  • 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;

  • Engine under the Lease. The term "Engines" means, as of any date of determination, both Engines then leased to the Lessee pursuant to the Lease.

  • Flight Hour means each hour or part thereof elapsing from the moment at which the wheels of the Aircraft (or other aircraft in the case of Parts or Engines temporarily installed on such other aircraft) leave the ground on the take-off of the Aircraft (or such other aircraft) until the wheels of the Aircraft (or such other aircraft) touch the ground on the landing of the Aircraft (or such other aircraft) following such take-off.

  • passenger ship means a ship which carries more than 12 passengers;