Aircraft Sale definition

Aircraft Sale means any sale or other disposition of any ACS Group Aircraft, including by reason of such ACS Group Aircraft suffering a Total Loss.

Aircraft Sale means any sale or other disposition of any Aircraft, including by reason of such Aircraft suffering a Total Loss.

Aircraft Sale has the meaning set forth in Section 7.2(f)(v).

Examples of Aircraft Sale in a sentence

• Capitalized words used herein shall have the meaning given to such words in the Aircraft Sale and Purchase Agreement.

• By an agreement dated May 25, 2020, LATAM and Delta terminated the Aircraft Sale and Purchase Agreement.

• International Lease Finance Corporation (“Seller”) has agreed, among other things, to sell the Aircraft or cause its affiliate to sell the Aircraft to Macquarie Aerospace Limited (“Buyer”) or Buyer’s designee subject to the Lease and Buyer has agreed to purchase or cause its designee to purchase the Aircraft from Seller or Seller’s affiliate pursuant to an Aircraft Sale Agreement dated as of April 13, 2010 between Seller and Buyer (the “Sale Agreement”).

• The parties shall jointly negotiate any such Aircraft Sale Agreement in good faith.

• Any acceptance of a bona-fide offer from a third-party for the purchase of an ownership interest or the entire Aircraft will be subject to the condition that such offer is contingent upon negotiation and execution of a comprehensive Aircraft Sale Agreement.

More Definitions of Aircraft Sale

Aircraft Sale means the sale of Hastings’ 1984 Cessna 441 to DLB Enterprises for $570,000.00, which sale was authorized through the Order Authorizing (i) the Sale of Hastings’ Aircraft Free and Clear of All Claims, Liens, Liabilities, Rights, Interests and Encumbrances, and (ii) Granting Related Relief [Docket No. 503].

Aircraft Sale means the sale of the Aircraft which shall be consummated on or prior to March 15, 2021.

Aircraft Sale means any sale or other disposition of any Aircraft, including by reason of such Aircraft suffering a Total Loss, but not including a sale which is part of a Leveraged Lease Transaction.

Aircraft Sale. AGREEMENT the Aircraft Sale Agreement as defined in the Purchase Agreement Assignment. AIRFRAME the Aircraft, excluding the Engines and the Aircraft Documents. APU the auxiliary power unit installed on the Aircraft on the Delivery Date or any replacement auxiliary power unit which may be substituted therefor in accordance with this Agreement. ASSIGNMENT any present or future assignment by the Lessor in favour of the Bank of all or any portion of the Lessor's rights, title and interest in the Aircraft and under this Agreement as security for its obligations. AVIATION AUTHORITY the FAA or, if the State of Registration is not then the United States of America, the authority and/or Government Entity and/or agency which, under the laws of the State of Registration, from time to time: (a) has control or supervision of Civil Aviation; or (b) has jurisdiction over registration, airworthiness or operation of the Aircraft. BANK(S) such financial institution(s) which from time to time finance the Aircraft for the Lessor or the Head Lessor and/or for whose benefit security over, or rights relating to, the Aircraft and/or this Agreement is granted by the Lessor or the Head Lessor or at their request, as applicable.

Aircraft Sale has the meaning specified in Section 6.1. -------------

Aircraft Sale s operator” means a person or persons, firm, or corporation engaged in the sale of new or used aircraft through a franchise or licensed dealership or distributorship (either on a retail or wholesale basis) of an aircraft manufacturer or otherwise; and who provides repairs, services, and parts necessary to meet any guarantee or warranty on new or used aircraft sold.

Aircraft Sale means any sale or disposition of a Financed Aircraft (except for any transfer to ILFC, or any of ILFC's affiliates or the Parent).