Aircraft Mortgages definition

Aircraft Mortgages means the mortgages and/or security agreements that create or purport to create a Lien on any Aircraft (including any aircraft engine) or Aircraft Parts in favor of the Administrative Agent, in form for filing with the Federal Aviation Administration and registration with the International Registry.

Aircraft Mortgages means the mortgages and/or security agreements that create or purport to create a Lien on any Aircraft (including any aircraft engine) or Aircraft Parts in favor of the Administrative Agent, in form for filing with the Federal Aviation Administration and registration with the International Registry. “Aircraft Operating Party” means USA Jet Airlines, Inc. “Aircraft Parts” means all appliances, parts, systems, components, assemblies, rotables, instruments, appurtenances, accessories, furnishings, seats and other equipment of whatever nature, whether or not incorporated or installed in or attached to an aircraft or aircraft engine, including “appliances” and “spare parts” as such terms are defined in Section 40102 of Title 49 of the United States Code. 2

Aircraft Mortgages means each amended and restated aircraft mortgage and security agreement executed and delivered pursuant to Section 4.01(a)(xiii). “Airframes” has the meaning specified in the Aircraft Mortgages. “Airline Service Agreement” means the airline service agreement in the form attached hereto as Exhibit I as in effect on the date hereof. “Airline Service Agreement Obligations Cap” means (i) for the period from the Amendment and Restatement Effective Date until the thirtieth day

Examples of Aircraft Mortgages in a sentence

• The intention of the treaty is that any interests registered with the International Registry would take priority over an interest registered on the relevant national register, in the case of the UK, the National Register of Aircraft Mortgages.

• The best estimate has been set at 75% based on discussion with business which suggests that the majority of creditors would register their interests on both the International Registry and the UK’s National Register of Aircraft Mortgages.

• The court appoints Evercore Trust to make the determination of fair market value of Alliance and AH Transition Corporation stock in accordance with DOL Proposed Regulation § 2510.3-.19 and to make certain determinations required by Prohibited Transaction Exemption (PTE) 2003-39, as described in 75 Fed.

• There are likely to be some public costs to the CAA as a result of ratifying the treaty through a loss of fee income if businesses choose to register interests with the International Registry instead of the UK’s National Register of Aircraft Mortgages run by the CAA.

• UK businesses choosing to use the International Registry may benefit from a reduction in administrative costs as the International Registry, unlike the UK’s National Register of Aircraft Mortgages, is open twenty-four hours a day, seven days a week.

More Definitions of Aircraft Mortgages

Aircraft Mortgages means the Aircraft Chattel Mortgages of even date ------------------ herewith executed by certain of the Restricted Subsidiaries and the Collateral Agent, each as at any time amended, modified, supplemented, renewed or extended.

Aircraft Mortgages means (i) each first priority Aircraft Mortgage and Security Agreement executed by the Owner Trustee in favor of the Security Trustee in respect of Aircraft 4, Aircraft 5 and Aircraft 6, (ii) each first priority Aircraft Mortgage and Security Agreement executed by the Owner Trustee in favor of the Security Trustee in respect of Aircraft 1, Aircraft 2 and Aircraft 3 and (iii) any other aircraft mortgage in respect of Aircraft executed in favor of the Security Trustee by the owner of such Aircraft or any of them as the context requires, each in form and substance satisfactory to the Agent, as the same may be amended, supplemented or modified from time to time;

Aircraft Mortgages means individually and collectively, each Mortgage and Security Agreement executed by Borrower on or after the date hereof, granting Lender (a) a first lien mortgage on Borrower’s interest in each Aircraft, (b) a security interest in all personal property used in connection with each Aircraft acquired by Borrower and (c) a security interest in substantially all other personal property of the Borrower related to the ownership and use of the Aircraft, in each case, substantially in the form attached hereto as Exhibit B.

Aircraft Mortgages means each amended and restated aircraft mortgage and security agreement executed and delivered pursuant to Section 4.01(a)(xiii).

Aircraft Mortgages means (a) the Amended and Restated Aircraft Chattel Mortgage, Security Agreement and Assignment of Rents executed by Aircargo dated the Closing Date, (b) any Aircraft Chattel Mortgage, Security Agreement and Assignment of Rents at any time executed pursuant to Article 5 hereof, evidencing or creating a Lien as security for the Obligations in form and substance reasonably satisfactory to Agent, and (c) any and all amendments, modifications, supplements, renewals, extensions, restatements or replacements thereof.

Aircraft Mortgages means the NWA Aircraft Mortgage, the Compass Aircraft Mortgage and the Mesaba Aircraft Mortgage.

Aircraft Mortgages as defined in the Intercreditor Agreement created valid security interests in the Collateral described therein. Amendment No. 3 to the Aircraft Chattel Mortgages add the Notes and the 2004 Guarantees as additional “Secured Obligations” secured by the Collateral described in the Aircraft Mortgages. Each Aircraft Mortgage (as previously amended by Amendment Nos. 1 and 2 thereto) remains the legal, valid and binding obligation of the Nevada Subsidiary signatory thereto continuing to be enforceable by its terms after giving effect to the respective Amendment No. 3 thereto. Assuming the due authorization, execution and delivery of the Aircraft Mortgages by the Company, each Aircraft Mortgage (as previously amended by Amendment Nos. 1 and 2 thereto) remains the legal, valid and binding obligation of the Company continuing to be enforceable by its terms after giving effect to the respective Amendment No. 3