Examples of Applicable Aircraft in a sentence
Applicable Aircraft: Has the meaning specified in the recitals hereto.
Aircraft: Means each of the Applicable Aircraft (or Substitute Aircraft) in respect of which a Participation Agreement is to be or is, as the case may be, entered into in accordance with the NPA (or any substitute aircraft, including engines therefor, owned by the Company and securing one or more Equipment Notes).
For airplanes that have been modified, altered, or repaired so that the performanceof the requirements of this AD is affected, the owner/operator must use the authorityprovided in paragraph (c) of this AD to request approval from the FAA.
The guarantees provided in this Letter Agreement (individually a “Performance Guarantee” or collectively the “Performance Guarantees”) are applicable to the Applicable Aircraft as described in the Standard Specification reference [***] as amended by [***] and by Specification Change Notices (SCNs) for: - [***] - [***] hereinafter referred to as the “Performance Specification”, and without taking into account any further changes thereto as provided in the Agreement.
Aircraft: Means each of the Applicable Aircraft or Substitute Aircraft in respect of which a Participation Agreement is to be or is entered into in accordance with the NPA (or any substitute aircraft, including engines therefor, owned by the Company and securing one or more Equipment Notes).
No Person acting on behalf of Borrower is or will be entitled to any broker’s fee, commission, or finder’s fee in connection with the Transactions related to the Applicable Aircraft, other than Borrower’s Advisor.
The Companies shall furnish Holder with proof reasonably satisfactory to Holder that all insurance, including hull and liability insurance for the Applicable Aircraft, required under the Security Documents is in full force and effect at each renewal of any such contract or policy of insurance or upon Holder's request.
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On the Applicable Closing Date, no Special Default or Event of Default with respect to any Aircraft exists or would result from the mortgaging of the Applicable Aircraft.
The Applicable Mortgagee will be entitled to the benefits of Section 1110 (as currently in effect) with respect to the right to take possession of the Airframe and Engines related to the Applicable Aircraft, as provided in the Applicable Mortgage, in the event of a case under Chapter 11 of the Bankruptcy Code in which Borrower is a debtor.