Aircraft Owner definition

Aircraft Owner means a Person (defined below) holding legal title to an Aircraft, or any Person having exclusive possession of an Aircraft.
Aircraft Owner means, in respect of any Aircraft, the Person which immediately prior to the Closing of such Aircraft (or the Aircraft Interest which relates to such Aircraft) holds title to such Aircraft;
Aircraft Owner means the person or organization under whose name the aircraft has been registered and this term also includes the person or organization having the aircraft in lease.

Examples of Aircraft Owner in a sentence

  • Aircraft that are Derelict or non-airworthy shall be promptly removed from the Airport by the Aircraft Owner or Aircraft Operator unless otherwise authorized in writing by the Authority or its designee.

  • In exercising any of its rights and duties under this Trust Agreement in connection with matters which may arise not relating to the ownership and operation of the Aircraft, Owner Trustee shall be permitted to seek the advice of Owner Participant before taking, or refraining from taking, any action with respect thereto.

  • During all phases of flight conducted with the Aircraft, Owner shall retain and have operational control of the Aircraft and exclusive possession, command, and control of the Aircraft.

  • Recognizing that Aircraft removal is the responsibility of the Aircraft Owner or Aircraft Operator, FBO shall be prepared to lend assistance within 15 minutes from the time a request is made by the City or the Aircraft Owner/Operator in order to maintain the operational readiness of the Airport.

  • In connection with the use and operation of the Aircraft, Owner shall be responsible for compliance with all applicable FAR.

  • Non-Commercial Self-Fueling is defined as fueling of an Aircraft by the Aircraft Owner or the Owner's Employee(s) using the Aircraft Owner's Vehicles, Equipment, and resources.

  • If Tenant leases the aircraft or if there are multiple owners, complete the following: Aircraft Owner Name(s): Aircraft Owner Phone: Aircraft Owner Email: Owner’s address: Street City State Zip Contact Name for Owner (if owner is not an individual): ** If there are additional owners, please provide all information for all owners on an additional page.

  • A person holding a current FAA Certified Flight Instructor certificate, who provides occasional Flight Training to an Aircraft Owner in the Owner’s Aircraft and is not compensated by the Aircraft Owner or any other party and does not make Flight Training available to the public, shall not be deemed a Commercial Activity.

  • The parties shall cooperate to file the Tax Returns of the Wholly Owned Asset Owning Entities and Wholly Owned Aircraft Owner Trusts on the basis of a closing of the books as of the end of the Closing Date, to the extent permitted by Applicable Law.

  • During all phases of flight conducted with the Aircraft, Owner shall retain and have operational control of the Aircraft and exclusive possession, command, and control of its Aircraft.


More Definitions of Aircraft Owner

Aircraft Owner means Operator or Airline or any entity, which maintains title ownership of the Aircraft and of Additional Aircraft.
Aircraft Owner. Aircraft Owner Signature:
Aircraft Owner means an individual, firm, partnership, corporation, company, association, joint- stock association, or governmental entity, and includes a trustee, receiver, assignee, or similar representative of any of them.
Aircraft Owner. Great Lakes Aviation, Ltd. Aircraft Operator: Great Lakes Spare Parts Locations: See Attached Exhibit C This Security Agreement And Encumbrance Against Air Carrier Aircraft Engines, Propellers, Appliances And Spare Parts ("Security Agreement") is made and entered into on this 11th day of July, 1997, by and between GREAT LAKES AVIATION, LTD., an Iowa corporation, with its principal place of business at ▇▇▇▇ - ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ (hereinafter "Debtor"), and RAYTHEON AIRCRAFT CREDIT CORPORATION, a Kansas corporation, with its principal place of business at ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇ (hereinafter "Secured Party"). This Security Agreement is sometimes hereinafter referred to as the "Agreement". In consideration of the mutual promises, covenants and representations set forth herein, the Negotiable Promissory Note executed of even date hereof (hereinafter "New Promissory Note") and the Agreement Pertaining To Loans And Leases executed of even date hereof (hereinafter "New Loan Agreement"), the parties hereto agree as follows:
Aircraft Owner means a person, company or association or corporation having ownership of any aircraft and this term also includes a manager or managing agent, if appointed, of such a company or association or corporation.
Aircraft Owner means a person or organization in whose name the aircraft is registered.