Examples of Aircraft Loan in a sentence
Lessee knowingly operates the Aircraft in a location or manner that violates the terms of an Aircraft Loan and Security Agreement as provided by the Lessor.
As of the Petition Date, not less than $25,258,333.33 was due and owing under the Aircraft Loan (inclusive of principal and accrued interest), plus certain fees and expenses, and reimbursement of that certain $140,767.00 protective advance made by Fortress on or about October 9, 2020 with respect to insurance of the Aircraft Collateral (the “Aircraft InsuranceAdvance”).
Furthermore, unless and until the Aircraft Loan has been indefeasibly satisfied and paid in full, the Fortress Replacement Liens shall remain enforceable and maintain their priority as provided by this Final DIP Order in any successor Chapter 7 case(s) or any subsequently filed bankruptcy case under any Chapter of the Bankruptcy Code regardless of whether such successor/subsequent cases are filed in this Court or any other bankruptcy court of competent jurisdiction.
The principal amount of all "Revolving Loans" anticipated to be outstanding on the Fourth Restatement Date with respect to each Related Aircraft is set forth on Schedule 1.1 annexed hereto and shown as the "Existing Aircraft Loan Extension Amount" for such Existing Aircraft and each such "Revolving Loan" shall be deemed to be an "Existing Aircraft Extended Loan" in such principal amount upon the satisfaction of the conditions set forth in subsection 3.1 and the effectiveness of this Agreement.
Furthermore, unless and until the Aircraft Loan has been indefeasibly satisfied and paid in full, the Fortress Replacement Liens shall remain enforceable and maintain their priority as provided by this Interim Order in any successor Chapter 7 case(s) or any subsequently filed bankruptcy case under any Chapter of the Bankruptcy Code regardless of whether such successor/subsequent cases are filed in this Court or any other bankruptcy court of competent jurisdiction.
New Aircraft Loans made with respect to a Related Aircraft may be made through but excluding the third anniversary of the first New Aircraft Loan made with respect to such Related Aircraft; provided, however, that no New Aircraft Loans may be made on or after the Revolving Loan Commitment Termination Date.
Each Loan made after the Fourth Restatement Date shall constitute a New Aircraft Loan and shall be made with respect to a Related Aircraft.
That certain Amended and Restated Aircraft Loan Agreement dated as of even date herewith between Borrower and Bank.
The Aircraft Loan shall be repaid as set forth in such note and shall bear interest as set forth therein, payable as set forth therein.
For a period of five years from the Closing Date or the period during which the Sub-servicing Agreement remains in effect (whichever period is longer), the Buyer shall not intentionally induce (or seek to induce) any Person which is a borrower under Financing Documents relating to any Managed Financial Assets to refinance or otherwise replace an Aircraft Loan made by any of the Sellers.