Examples of Aircraft Security Documents in a sentence
WTC accepts the trusts and duties created hereby and by the other Aircraft Security Documents and applicable to it and agrees to perform such duties, but only upon the terms of this Indenture or the other Aircraft Security Documents, as the case may be, and agrees to receive, handle and disburse all monies received by it as Loan Trustee constituting part of the Collateral in accordance with the terms hereof.
The Borrower shall enter into or shall procure that the relevant Sub-Borrower (if any) or relevant Intermediate Lessee (if any) enters into all such documents as are required in order for the Replacement Aircraft to be an Aircraft including Aircraft Security Documents relating to the substitution of the Existing Aircraft and for the Loan in respect of the Existing Aircraft to relate to the Replacement Aircraft.
The Owner shall have good title to the Aircraft and to the other Collateral pledged by it under the Indenture and the Aircraft Security Documents to which it is a party, free and clear of all Liens except Permitted Liens.
None of the Finance Parties or any Export Lessee shall have any independent power to enforce any of the Aircraft Security Documents, to exercise any rights and/or powers or to grant any consents or releases under or pursuant to any of the Aircraft Security Documents or otherwise have direct recourse to the security constituted by any of the Aircraft Security Documents.
Unless and until the Security Trustee shall have received such directions or instructions, the Security Trustee shall not be required to ensure that any action is taken under any of the Aircraft Security Documents.
Each of the Aircraft Security Documents to which LATAM is a party creates in favor of the Loan Trustee, for the benefit of the Noteholders, the Indenture Indemnitees and the Related Indenture Indemnitees, a valid and perfected Lien on the Collateral purported to be subjected to the Lien of such Aircraft Security Document on the Closing Date, subject to no equal or prior Lien, except Permitted Liens.
Such Company may elect to apply such payment toward the repair, replacement or restoration of any property in respect of which such payment was made by the insurance carrier no later than 150 days following the date of receipt of such payment; provided, all property purchased with such payment shall made be subject to the first priority Lien of this Agreement or the Aircraft Security Documents.
A Uniform Commercial Code financing statement or statements covering the security interest created by the Indenture, and the Aircraft Security Documents, naming the Owner or LATAM, as applicable, as debtor, and the Loan Trustee, as secured party, shall have been duly filed in all places necessary or desirable within the District of Columbia and the State of Florida.
Upon the execution and delivery of this Agreement, the Aircraft Security Documents shall be filed for recording with the Federal Aviation Administration.
In connection with such transfer, the Lessee shall prepare and the Lessor shall execute, all in form recordable in the Government of Registry, a bxxx of sale evidencing such transfer, the termination of this Lease and such other documents (including the discharge of the Lien of the Aircraft Security Documents with respect to the Aircraft) as the Lessee may reasonably request, all at the expense of the Lessee.