Aircraft Lessor definition

Aircraft Lessor means any person other than the Company who is the legal or beneficial owner of an aircraft that is used or occupied by or in the possession of the Company or in relation to which the Company is liable as at the Appointment Date;
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Aircraft Lessor means an owner of Aircraft leased by any Borrower or any Guarantor pursuant to any Sale and Leaseback Transaction.
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Aircraft Lessor means a lessor under an Aircraft Lease.
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Examples of Aircraft Lessor in a sentence

  • The Board confirms that the Company is a listed issuer actively engaged in aircraft leasing with aircraft operators as a principal business in its ordinary and usual course of business and the Company is therefore a Qualified Aircraft Lessor (as defined in the Listing Rules).

  • The Board has confirmed that (1) the Company has fulfilled the criteria for a Qualified Aircraft Lessor as set out in Rule 14.04(10E) of the Listing Rules; (2) the Transaction is entered into by the Company in its ordinary and usual course of business and on normal commercial terms; and (3) the terms of the Transaction are fair and reasonable and in the interests of the Company and the Shareholders as a whole.

  • The Board has confirmed that (1) the Company has fulfilled the criteria for a Qualified Aircraft Lessor; (2) the Transaction is entered into by the Company in its ordinary and usual course of business and on normal commercial terms; and (3) the terms of the Transaction are fair and reasonable and in the interests of the Company and the Shareholders as a whole.

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  • The Board confirms that the Company is a listed issuer actively engaged in aircraft leasing with aircraft operators as a principal business in its ordinary and usual course of business and the Company is therefore a Qualified Aircraft Lessor (as defined in the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited) (the “Listing Rules”).

  • The Aircraft Protocol remains subject to negotiation with the Aircraft Lessors and may not be accepted by each relevant Aircraft Lessor.

  • Class 5 is Impaired, and Holders of Class 5 Aircraft Lessor Claims are entitled to vote to accept or reject the Plan.

  • Class 5 consists of the Aircraft Lessor Claims of those Aircraft Lessors who enter into Modified Aircraft Leases with the Debtors.

  • Article 81: The Obligations of the Aircraft Lessor: The Aircraft lessor must handover the aircraft in good conditions and fit for navigation, and has to perform maintenance of the aircraft and carry out the necessary technical inspections thereof except unless otherwise agreed upon.

  • For the avoidance of doubt, a Go Forward Fleet Lease, Go Forward Spare Engine Lease and Alternative Lease Agreements may be amended by execution of an amendment agreement as between the Company, its relevant subsidiary and the relevant Aircraft Lessor or Spare Engine Lessor.


More Definitions of Aircraft Lessor

Aircraft Lessor means any Creditor of the Company that is an aircraft lessor as set out in Appendix 4 (List of Aircraft Lessors).
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Aircraft Lessor means either Atlas Air or Polar, as applicable.
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Aircraft Lessor shall have the meaning given to such term in the definition of "Existing Sale Leaseback Transaction" set forth in this Article 1.
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Related to Aircraft Lessor

  • 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 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;

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

  • 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:

  • Truck lessor means a person who holds the legal title to any motor vehicle, trailer, or semitrailer

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

  • 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 Note Purchase Agreement.

  • 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;

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

  • Lessor means a person who transfers the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessor.

  • 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:

  • Owner/Operator means a requirement applies to the owner and/or operator of a TRU or TRU gen set, as determined by agreement or contract between the parties if the two are separate business entities.

  • 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).

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.