Aircraft Security Agreement means an Aircraft Security Agreement substantially in the form of Exhibit A hereto, as such Aircraft Security Agreement may be amended, restated, supplemented or otherwise modified from time to time in accordance with the terms hereof and thereof.
Aircraft Security Agreement means one or more aircraft security agreements executed and delivered by one or more of the Borrowers or the Guarantors in favor of Agent, in each case, in form and substance satisfactory to Agent.
Aircraft Security Agreement means (i) with respect to any aircraft (comprised of an airframe and its related engines) that may be pledged by a Grantor as Additional Collateral or Qualified Replacement Assets after the date hereof, a security agreement substantially in the form of Exhibit J and (ii) with respect to any spare engine that may be pledged by a Grantor as Additional Collateral or Qualified Replacement Assets after the date hereof, a spare engine security agreement based on the form of aircraft security agreement in Exhibit J but with (x) such changes to conform such form of aircraft security agreement to the description of terms of the security agreement applicable to spare engines in Exhibit J and (y) such other changes proposed by the Borrower and reasonably acceptable to the Administrative Agent.
Examples of Aircraft Security Agreement in a sentence
No Aircraft Registration exists as to any Aircraft which is not the subject of an Aircraft Security Agreement Recordation.
More Definitions of Aircraft Security Agreement
Aircraft Security Agreement means (i) with respect to any aircraft (comprised of an airframe and its related engines) that may be pledged by a Grantor as Additional Collateral or Qualified Replacement Assets after the date hereof, a security agreement substantially in the form of Exhibit F and (ii) with respect to any spare engine that may be pledged by a Grantor as Additional Collateral or Qualified Replacement Assets after the date hereof, a spare engine security agreement based on the form of aircraft security agreement in Exhibit F but with (x) such changes to conform such form of aircraft security agreement to the description of terms of the security agreement applicable to spare engines in Exhibit G and (y) such other changes proposed by the Borrower and reasonably acceptable to the Administrative Agent.
Aircraft Security Agreement means that Aircraft Security Agreement, dated as of the Issue date, by and among X.X. Xxxxxx Associates, Inc. and the Collateral Agent, as amended, restated or supplemented from time to time.
Aircraft Security Agreement means that certain Aircraft Security Agreement dated as of May 18, 2011 executed by GILC in favor of the Administrative Agent and for the benefit of the Secured Parties.
Aircraft Security Agreement means the Aircraft Security Agreement to be executed and delivered by the Aircraft Trustee and World Travel, substantially in the form of Exhibit K to the Loan Agreement, as the same may be amended, supplemented, replaced or otherwise modified from time to time in accordance with the Loan Agreement.
Aircraft Security Agreement means, collectively, (i) all aircraft security agreements, executed by a Loan Party and delivered to the Administrative Agent, granting the Administrative Agent a lien over any Aircraft Collateral registered in the U.S.; (ii) any additional aircraft security agreements, in substantially the form of Aircraft Security Agreement described in clause (i) with such changes as are required to make it comply with the rules and regulations of the Jurisdiction of Registration of such Aircraft, and (iii) any other form of security documentation (including mortgages) in form, scope and terms agreed to by the Administrative Agent and the Borrower (and covering property or Collateral, including real estate, agreed to by the Administrative Agent and the Borrower), executed by a Loan Party and delivered to the Administrative Agent (including, for the avoidance of doubt, the First Lien Aircraft Security Agreement and the Second Lien Aircraft Security Agreement).
Aircraft Security Agreement means that certain Aircraft Security Agreement of even date herewith, executed and delivered by certain Subsidiaries of Parent in favor of Senior Agent and contemporaneously recorded with the Federal Aviation Administration.
Aircraft Security Agreement means, collectively, (i) all aircraft security agreements, executed by a Loan Party and delivered to the Administrative Agent, granting the Administrative Agent a lien over any Aircraft Collateral registered in the U.S., each of which shall be on substantially the same form as the Aircraft Security Agreement securing the Prepetition Credit Agreement, except to the extent the Lien is granted by a non-Debtor Loan Party, in which case subject to such changes as are necessary to reflect the second-priority nature of the Liens securing the Obligations; (ii) any additional aircraft security agreements, in substantially the form of Aircraft Security Agreement described in clause (i) with such changes as are required to make it comply with the rules and regulations of the Jurisdiction of Registration of such Aircraft; and (iii) any other form of security documentation in form, scope and terms agreed to by the Administrative Agent and the Borrower, executed by a Loan Party and delivered to the Administrative Agent.