Aircraft Owner definition
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.