Aircraft Object definition

Aircraft Object shall have the meaning provided for the term “aircraft object” in the Cape Town Treaty.

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Aircraft Object. “associated rights”, “Contracting State”, “Contract of Sale”, “International Interest”, “International Registry”; “power to dispose”, “Professional User Entity”, “Prospective Sale”, “Prospective International Interest”, “situated in” and “Transacting User Entity”.

Aircraft Object means airframe, aircraft engine or helicopter;

Examples of Aircraft Object in a sentence

• Upon the acquisition by any Owner Subsidiary of an Aircraft Object not previously described in Schedule I hereto as supplemented by Annex I to each Grantor Supplement and Collateral Supplement, the Grantor that directly Owns the Equity Interest in such Owner Subsidiary shall provide an updated Collateral Supplement describing such Aircraft Object.

• Upon the acquisition by any Owner Subsidiary of an Aircraft Object (other than an aircraft engine) not previously described in Schedule I hereto as supplemented by Annex I to each Grantor Supplement and Collateral Supplement, the Grantor that directly Owns the Equity Interest in such Owner Subsidiary shall provide an updated Collateral Supplement describing such Aircraft Object.

• Each airframe relating to a Qualified Aircraft and each related Engine constitutes an Aircraft Object under the Cape Town Convention.

• The parties hereto agree that for all purposes of the Cape Town Treaty (i) this Security Agreement constitutes a separate International Interest with respect to each of the Airframes and the Engines and (ii) each of the Airframes and the Engines constitutes an Aircraft Object.

• Regardless of the Commentary, the Grantor and the Administrative Agent agree that for all purposes of the Cape Town Convention, (i) this Aircraft Security Agreement constitutes a separate International Interest with respect to each Engine, (ii) each Engine constitutes an Aircraft Object, and (iii) this Aircraft Security Agreement constitutes an agreement for registration of an International Interest with respect to each Engine.

More Definitions of Aircraft Object

Aircraft Object is defined in the Cape Town Convention.

Aircraft Object has the same meaning as in Article I(d) of the Consolidated Text;

Aircraft Object has the meaning given to such term in the Consolidated Text;

Aircraft Object shall have the meaning assigned thereto in the Cape Town Convention.

Aircraft Object means aircraft object as defined in Regulation 5 of The International Interests in Aircraft Equipment (Cape Town Convention) Regulations 2015;

Aircraft Object means any airframe, aircraft engine and helicopter as defined under Article I(2) of the Aircraft Protocol;

Aircraft Object is defined in the Cape Town Treaty.