Designated Pool definition

Designated Pool has the meaning specified in Section 4.1(b) of the Credit and Security Agreement.

Designated Pool means the pool of Aircraft consisting of the PS Pool Aircraft

Designated Pool. As defined in the Recitals.

Examples of Designated Pool in a sentence

• Upon such request, the Borrower will, pursuant to this Section 4.7, cancel the Exchange Note and, upon cancellation, if no other Exchange Notes related to such Designated Pool are Outstanding, the applicable Designated Pool will be deemed to no longer exist and the Collateral Lease Agreements and related Collateral Leased Vehicles included in such Designated Pool will be reallocated to the Lending Facility Pool.

• For purposes of determining the Collections that are applicable to any Designated Pool, the Collateral Lease Agreements and Collateral Leased Vehicles included in such Designated Pool will be deemed to have been included in such Designated Pool from and after the Cutoff Date specified in the related Exchange Note Supplement.

• The Collateral Agent will also establish an Exchange Note Collection Account pursuant to each Servicing Supplement that will relate to the related Designated Pool and Exchange Note.

• It is expressly understood and agreed by the Servicer, and all persons claiming through the Servicer, that the Trust Assets that are allocated to the Lending Facility Pool are intended to support only the Lending Facility and that the Trust Assets that are allocated to each Designated Pool are intended to support only the related Exchange Note and that the related Secured Parties have expressly agreed to such allocations in the Credit and Security Agreement and the respective Exchange Note Supplements.

• The Borrower has not authorized the filing of and is not aware of any financing statements against the Borrower that include a description of collateral covering any part of the Collateral, including the Collateral included in the Designated Pool with respect to such Exchange Note, other than any financing statements relating to the security interest granted to the Collateral Agent hereunder or that has been terminated.

More Definitions of Designated Pool

Designated Pool means the pool of aircraft consisting of the Pool Aircraft Owned by a Grantor on the Effective Date and listed on Schedule I hereto, and thereafter as amended, restated or supplemented from time to time pursuant to Sections 2.15, 2.18 and/or 8.01.

Designated Pool means, subject to Section 2.10, the pool of Aircraft consisting of the PS Pool Aircraft each of which (i) shall be noted by the Borrower on Schedule 3.17(a) attached hereto, as amended, restated or supplemented from time to time pursuant to this Agreement and (ii) either (x) shall be Owned by a Lessor Subsidiary or (y) each of the Borrower Parties shall have good faith intention and, to FLL’s and the relevant Servicer’s knowledge, the ability to satisfy each of the conditions under the Loan Documents (including the conditions set forth in Section 4.02 of this Agreement) such that such Aircraft will constitute a Pool Aircraft within a reasonable period of time after the Effective Date.

Designated Pool means the pool of aircraft Owned by the Borrowers and listed on (i) Schedule 3.19(a) attached hereto, as amended, restated or supplemented from time to time pursuant to Section 5.11(a)(ix) and (ii) until the Required Perfection Date, Schedule 3.19(c) attached hereto.

Designated Pool means, as of any date, any Eligible Pool made subject to a Transaction in accordance with the terms of this Agreement and that is subject to a Servicing Contract, the applicable Agency Agreement, and the applicable Participation Agreement and is identified and included on the Designated Pool Schedule on such date.

Designated Pool. As of any date, any Pool that is identified and included on the Designated Servicing Agreement Schedule in accordance with Section 2.1(c) on such date. For the avoidance of doubt, with respect to Xxxxxx Xxx Advances, each Designated Pool with respect to such Xxxxxx Mae Advances is identified on Schedule 1 hereto by its Seller/Servicer identification number, listed in the column titled “Seller/Servicer #” in the applicable table on Schedule 1. For the avoidance of doubt, with respect to Xxxxxxx Mac Advances, each Designated Pool with respect to such Xxxxxxx Mac Advances is identified on Schedule 1 hereto by its Seller/Servicer identification number, listed in the column titled “Seller/Servicer #” in the applicable table on Schedule 1. For the avoidance of doubt, Designated Pools with the same “Seller/Servicer #” share the same Principal and Interest Custodial Account and Escrow Custodial Account.

Designated Pool. As of any date, any Pool that is identified and included on the Designated Servicing Contract Schedule in accordance with Section 2.1(c) on such date. For the avoidance of doubt, with respect to (i) Xxxxxx Xxx Advances, all Designated Pools with respect to such Xxxxxx Mae Advances that are serviced by the Servicer under the Seller/Servicer ID Number identified on Schedule 1 hereto, and (ii) with respect to Xxxxxxx Mac Advances, all Designated Pools with respect to such Xxxxxxx Mac Advances that are serviced by the Servicer under the Seller/Servicer ID Number identified on Schedule 1 hereto. For the avoidance of doubt, Designated Pools with the same Seller/Servicer ID Number share the same Principal and Interest Custodial Account and Escrow Custodial Account.

Designated Pool. As of any date, any Facility Eligible Pool that is identified and included on the Designated Servicing Agreement Schedule in accordance with Section 2.1(c) on such date.