Balloon definition

Balloon means a non-power-driven lighter-than-air aircraft;
Balloon means a lighter-than-air aircraft which is not engine-driven and sustains flight through the use of either gas or an airborne heater. For the purposes of this Part, a hot-air airship, although engine-driven, is also considered a balloon.
Balloon means a lighter-than-air aircraft that is not engine driven and that sustains flight through the use of either gas buoyancy or an airborne heater.

Examples of Balloon in a sentence

  • Fly High is engaged in the business of operating Tethered Helium Balloon amusement rides of different configurations.

  • The Servicer shall also advance in respect of each Payment Date following (x) a delinquency in the payment of the Balloon Payment of the Mortgage Loan or foreclosure (or acceptance of a deed-in-lieu of foreclosure or comparable conversion) of the Whole Loan or (y) not later than the related Remittance Date, to the Distribution Account, the amount of any Assumed Monthly Payment deemed due with respect to the Mortgage Loan on such Payment Date (net of the Servicing Fees).

  • Fly High is UAE franchisee of Big Balloon Holdings & holds the rights to use “Big Balloon” Trademark.

  • Fly High has been authorized by Big Balloon to use “Big Balloon Carnival”, “Big Balloon Café”, “Big Balloon VR” & “Big Balloon Kids Games” trade names.

  • Fly High has acquired by way of lease space/ acquiring rights in UAE as specified in Annexure A hereto for operating their Tethered Helium Balloon amusement rides (“locations”) in accordance with the terms and conditions as set out in the Agreement executed between Fly High and each of the location owner for leasing the locations (“said lease”).


More Definitions of Balloon

Balloon means a manned lighter-than-air aircraft which is not power-driven and sustains flight through the use of either a lighter-than-air gas or an airborne heater, including gas balloons, hot-air balloons, mixed balloons and, although power-driven, hot-air airships;
Balloon means a decorative inflatable device, into which a gas (typically helium) is inserted in order to cause it to rise or float in the atmosphere. (See also “Inflatable advertising device.”)
Balloon refers to a Mortgage Loan the principal of which will not fully amortize before the scheduled maturity of that Mortgage Loan.
Balloon means a non-power-driven lighter-than-air aircraft and that sustains flight through the use of either gas buoyancy or an airborne heater;
Balloon means either:
Balloon means a latex balloon 36 inches or less in diameter tethered on a cord not greater than four feet in length.
Balloon means any inflatable object manufactured from