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.
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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.
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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.
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Examples of Aircraft Age in a sentence

  • Williams, “Unmanned Combat Aircraft Age Is Rapidly Approaching,” National Defense , January 1998, pp.

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

  • Robert Bianchi, Interest Groups and Political Development in Turkey, p.

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

  • 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.

  • Aircraft Age (years)Refer to the Customer section on page 22 for detailed information in relation to the Group’sAircraft Deposits Aircraft Ageproduct and service offering.

  • The following table presents the composition of the Initial Portfolio based on age, as of August 31, 2008: Aircraft Age Number Passenger% by Average Base Value 0 to 5 years..............................................................

  • Helicopter Links 2017) Aircraft Age Limitations in ThailandWhile Thailand is a growing market for the helicopter industry, there is a five-year age limitation for rotorcraft—any aircraft over fiveyears old seeking registration from the Thai Department of Civil Aviation will be rejected.

  • The Relationship between Aircraft Age and Cost‌ The Congressional Budget Office’s report presented seven additional studies that quantified the relationship between equipment age and O&M cost.

  • 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.

Related to Aircraft Age

  • aircraft engines means aircraft engines (other than those used in military, customs or police services) powered by jet propulsion or turbine or piston technology and:

  • 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 the components that control the unmanned air- craft) that are required for the operator to operate safely and efficiently in the national airspace system.’’.

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

  • Fixed wing turbine powered aircraft means an aircraft that:

  • Unmanned aircraft means an aircraft that is not:

  • 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 means business of transportation by air of passengers, mail, livestock or goods carried on by the owners or lessees or charterers of aircraft, including the sale of tickets for such transportation on behalf of other enterprises, the incidental lease of aircraft and any other activity directly connected with such transportation.

  • 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,

  • Substitute Aircraft Has the meaning specified in the NPA.

  • 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.