Class AA Certificates definition

Class AA Certificates means Pass Through Certificates issued by the Class AA Pass Through Trust.

Class AA Certificates. Has the meaning specified in the Intercreditor Agreement.

Class AA Certificates means the certificates issued by the Class AA Trust, substantially in the form of Exhibit A to the Class AA Trust Agreement, and authenticated by the Class AA Trustee, representing Fractional Undivided Interests in the Class AA Trust, and any certificates issued in exchange therefor or replacement thereof pursuant to the terms of the Class AA Trust Agreement.

Examples of Class AA Certificates in a sentence

• Except as provided in Sections 3.03, 3.05 and 3.06 of the Basic Agreement or Section 4.03 of this Trust Supplement, the Trustee shall not execute, authenticate or deliver Class AA Certificates in excess of the aggregate amount specified in this paragraph.

• The Trustee, by the execution and delivery of this Trust Supplement, acknowledges its acceptance of all right, title and interest in and to the Trust Property to be acquired pursuant to Section 7.01(b) of this Trust Supplement, the NPA and the Participation Agreements and the Trustee will hold such right, title and interest for the benefit of all present and future Holders of the Class AA Certificates, upon the trusts set forth in the Basic Agreement and this Trust Supplement.

• The initial Rating Agencies with respect to the Class AA Certificates, Class A Certificates and the Class B Certificates will be Standard & Poor’s and Fitch and the initial Rating Agency with respect to the Class C Certificates will be Fitch.

• The Trustee hereby declares the creation of a Trust, designated the “American Airlines Pass Through Trust 2019-1AA (Aircraft EETC)” (the “Class AA Trust”), for the benefit of the Holders of the Class AA Certificates to be issued in respect of such Class AA Trust, and the initial Holders of the Class AA Certificates, as grantors of such Class AA Trust, by their respective acceptances of the Class AA Certificates, join in the creation of such Class AA Trust with the Trustee.

• The Class AA Certificates do not represent indebtedness of the Class AA Trust, and references herein to interest accruing on the Class AA Certificates are included for purposes of computation only.

More Definitions of Class AA Certificates

Class AA Certificates means the certificates issued by the Class AA Trust, substantially in the form of Exhibit A to the Class AA Trust Agreement, and authenticated by the Class AA Trustee, representing fractional undivided interests in the Class AA Trust, and any certificates issued in exchange therefor or replacement thereof pursuant to the terms of the Class AA Trust Agreement.

Class AA Certificates. Has the meaning specified in Section 3.01 of this Trust Supplement.

Class AA Certificates. “Closing Date”, “Controlling Party”, “Corporate Trust Office”, “Delivery Period Expiry Date”, “Downgraded Facility”, “Downgrade Event”, “Equipment Notes”, “Fee Letter”, “Final Legal Distribution Date”, “Financing Agreement”, “Investment Earnings”, “Liquidity Facility”, “Liquidity Obligations”, “Loan Trustee”, “Non-Extended Facility”, “Note Purchase Agreement”, “Operative Agreements”, “Participation Agreement”, “Performing Equipment Note”, “Person”, “Pool Balance”, “Rating Agencies”, “Regular Distribution Date”, “Replacement Liquidity Facility”, “Responsible Officer”, “Scheduled Payment”, “Series A Equipment Notes”, “Special Payment”, “Stated Interest Rate”, “Subordination Agent”, “Taxes”, “Threshold Rating”, “Transfer”, “Trust Agreement”, “Trustee”, “Underwriters”, “Underwriting Agreement”, “United”, and “United Bankruptcy Event”. [Revolving Credit Agreement (2016-2A)]

Class AA Certificates has the meaning set forth in the first paragraph of the Note Purchase Agreement.

Class AA Certificates. “Class A Cash Collateral Account”, “Class A Trust”, “Class A Trust Agreement”, “Class A Trustee”, “Closing Date”, “Controlling Party”, “Corporate Trust Office”, “Delivery Period Expiry Date”, “Downgraded Facility”, “Downgrade Event”, “Equipment Notes”, “Fee Letter”, “Final Legal Distribution [Revolving Credit Agreement (2019-1A)]

Class AA Certificates. “Closing Date”, “Controlling Party”, “Corporate Trust Office”, “Delivery Period Expiry Date”, “Downgraded Facility”, “Downgrade Event”, “Equipment Notes”, “Fee Letter”, “Final Legal Distribution [Revolving Credit Agreement (2018-1A)]

Class AA Certificates has the meaning set forth in the sixth recital to the Note Purchase Agreement.