Delivery Expiry Date definition

Delivery Expiry Date means, as to the ACS Group Aircraft, the meaning given to such term in the Purchase Agreement or the Guarantor Purchase Agreement, as applicable.

Delivery Expiry Date means the date that is two hundred seventy (270) days after the Initial Closing Date.

Delivery Expiry Date means, with respect to the Remaining Initial Assets, the 270th day after the Initial Closing Date.

Examples of Delivery Expiry Date in a sentence

• If any Seller is unable to effect Delivery of any Aircraft at any time prior to the 30th day before the Delivery Expiry Date for any reason (including, without limitation, the failure of one or more of the conditions set forth in Exhibit C or Section 6.1 but excluding an Event of Loss or Material Damage in respect of such Aircraft), then, in each such case, such Aircraft shall become an “Undeliverable Aircraft” and the provisions of Section 4.2 shall apply.

• If on the Delivery Expiry Date the Sellers have delivered to the Issuer Group fewer than 42 Aircraft, then the Administration Fee for Fee Periods commencing after the Delivery Expiry Date will be a per annum amount equal to the greater of (a) the product of $750,000 and a fraction the numerator of which is the number of Aircraft delivered to the Issuer Group and the denominator of which is 47, and (b) $400,000.

• WEST Funding may, at its option, elect to provide a Substitute Engine and related Engine Assets in place of such removed Engine and related Engine Assets as provided in the Engine Transfer Agreement at any time thereafter but not less than five (5) Business Days prior to the Delivery Expiry Date.

• In the event of any Required Expense Shortfall, Senior Hedge Payment Shortfall, Class A Interest Shortfall or Class B Interest Shortfall occurring on or prior to the Delivery Expiry Date, an amount equal to the aggregate of such shortfalls up to the remaining portion of the Hold-Back Amount shall be transferred from the applicable Aircraft Purchase Account to the Collections Account on or prior to the relevant Payment Date (and prior to any drawing on the Liquidity Facility).

• Prior to the Delivery Expiry Date, the Initial Lessee Concentration Limits set forth in Exhibit C hereto (the “Initial Lessee Concentration Limits”) shall apply.

More Definitions of Delivery Expiry Date

Delivery Expiry Date means, as to the Initial Aircraft, the date that is nine months following the Initial Closing Date or, as to any Additional Aircraft, has the meaning given to that or any comparable term in any other Acquisition Agreement.

Delivery Expiry Date means, with respect to the Remaining Initial Engines, the one hundred eightieth (180th) day after the Closing Date.

Delivery Expiry Date means the date that is 210 days after the AP Closing Date.

Delivery Expiry Date has the meaning given to such term in Clause 4.1 hereof;

Delivery Expiry Date means the date that is 210 days after the Purchase Date.

Delivery Expiry Date means, for all Aircraft, September 30, 2007; provided, that, if on or before September 30, 2007, all conditions precedent applicable to the Delivery Date for a Beneficial Interest in respect of an Aircraft or an Independent Aircraft as provided herein have been met and all conditions precedent in the Credit Facility Agreement for the applicable Purchaser to finance its purchase of the Beneficial Interest in respect of such Aircraft or such Independent Aircraft hereunder have been met, including in each case agreement having been reached among the Lessee, Genesis and the Seller on the form of Assignment of Lease or Lease Novation, as the case may be, except in each case only the conditions precedent consisting of the effectiveness of the applicable Assignment of Lease or Lease Novation, as applicable, and other conditions precedent provided in such Assignment of Lease or Lease Novation to be met in order for such effectiveness to occur and conditions precedent in this Agreement or in the Credit Facility Agreement which cannot be met unless such effectiveness has occurred (including receipt of an Irish tax residency certificate or similar document with respect to Genesis, any other Purchaser or any New Lessor if requested by the Lessee) , and which effectiveness has not occurred as of September 30, 2007, then, in respect of such Beneficial Interest or Independent Aircraft, as applicable, the Delivery Expiry Date shall be October 31, 2007, or such later date as to which each party hereto may agree, but in no event later than November 30, 2007.

Delivery Expiry Date means the date that is 270 days after the Issuance Date.