Aircraft and Spare Engine Mortgage definition

Aircraft and Spare Engine Mortgage means the Mortgage and Security Agreement, in substantially the form of Exhibit E, entered into by the Borrower and the Administrative Agent, as the same may be amended, restated, modified, supplemented, extended or amended and restated from time to time.
Aircraft and Spare Engine Mortgage means the Mortgage and Security Agreement, in substantially the form of Exhibit E, entered into by the Borrower and the Collateral Agent, as the same may be amended, restated, modified, supplemented, extended or
Aircraft and Spare Engine Mortgage means (i) the Mortgage and Security Agreement dated as of May 29, 2020, entered into by the Borrower and the Administrative Agent, as ratified on the date hereof and as the same may be amended, restated, modified, supplemented, extended or amended and restated from time to time or (ii) any other security agreement, entered into by another Grantor and the Administrative Agent, to pledge Eligible Aircraft and/or Eligible Engines as Collateral, in substantially the form of Exhibit E (or in such other form as may be reasonably acceptable to the Administrative Agent and the Borrower).

Examples of Aircraft and Spare Engine Mortgage in a sentence

  • The Borrower shall have duly executed and delivered to the Administrative Agent the Aircraft and Spare Engine Mortgage.

  • A UCC financing statement covering the security interests of the Administrative Agent in the Collateral created by the Aircraft and Spare Engine Mortgage, as supplemented by Mortgage Supplement No. 1, naming the Borrower, as debtor, and the Administrative Agent, as secured party, shall have been duly filed (or shall be in the process of being so duly filed) in all places necessary or desirable within the State of Delaware.

  • Mr. Constantine feels that it shouldn’t take more than 60 days to complete the analysis.

  • For the avoidance of doubt, nothing contained in the foregoing shall prohibit (and the Release Threshold shall not be reduced by) any substitution of engines or other parts on an aircraft if such substitution is permitted or required under the Aircraft and Spare Engine Mortgage.


More Definitions of Aircraft and Spare Engine Mortgage

Aircraft and Spare Engine Mortgage means (i) the Mortgage and Security Agreement dated as of May 29, 2020,entered into by the Borrower and the Administrative Agent, as ratified on the date hereof and as the same may be amended, restated, modified, supplemented, extended or amended and restated from time to time or (ii) any other security agreement, entered into byanother Grantor and the Administrative Agent, to pledge Eligible Aircraft and/or Eligible Engines as Collateral, in substantially the form of Exhibit E (or in such other form as may be reasonably acceptable to the Administrative Agent and the Borrower).
Aircraft and Spare Engine Mortgage means any security agreement, entered into by a Grantor and the
Aircraft and Spare Engine Mortgage means the Mortgage and Security Agreement, in substantially the form of E xhibit A, entered into by the Borrower (or any other applicable Grantor) and the Administrative Agent, as the same may be amended, restated, modified, supplemented, extended or amended and restated from time to time.

Related to Aircraft and Spare Engine Mortgage

  • 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;

  • 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.

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

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

  • Aircraft Protocol means the official English language text of the Protocol to the Convention on International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment, adopted on November 16, 2001, at a diplomatic conference in Cape Town, South Africa, and all amendments, supplements, and revisions thereto (and from and after the effective date of the Cape Town Treaty in the relevant country, means when referring to the Aircraft Protocol with respect to that country, the Aircraft Protocol as in effect in such country, unless otherwise indicated).