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 NWA Aircraft Mortgage, the Compass Aircraft Mortgage and the Mesaba Aircraft Mortgage.
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. “Aircraft Parts Designated Location” means each location identified in Schedule 6.28 where Aircraft Parts of a Borrower or its Subsidiaries are located.

Examples of Aircraft Mortgages in a sentence

  • The Loan Agent and the Initial Lender hereby appoint U.S. Bank National Association as Indenture Trustee under the Aircraft Mortgages.

  • Depending on the maximum take-off weight of the aircraft, businesses could benefit from a reduction in the fee to register their interest on the International Registry compared with the UK’s National Register of Aircraft Mortgages.

  • Borrower shall provide an updated Aircraft Collateral Certificate together with any other information, documentation (including Aircraft Mortgages and supplements thereto), financing statements, appraisals, certificates and legal opinions as may be necessary or advisable, in the Permitted Discretion of Agent, to vest in the Agent, a perfected security interest, subject only to Permitted Encumbrances, in such additional Aircraft Collateral and to verify the NOLV of such additional Aircraft Collateral.

  • However in order to fully identify registered interests in aircraft objects, businesses are likely to need to search the CAA’s UK Register of Aircraft Mortgages, which incurs a charge of £29 per search, in addition to searches with the International Registry.

  • These are costs businesses are likely to incur irrespective of this decision as they routinely check the CAA’s National Register of Aircraft Mortgages to understand who else may have an interest over an asset and so are not additional costs.


More Definitions of Aircraft Mortgages

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
Aircraft Mortgages means the four aircraft mortgages dated 3 December 2003 between Phoebus and DB London, one such mortgage in respect of each Aircraft;
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 (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 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 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, in relation to an Aircraft: