Effective Time Notice means a notice substantially in the form of Schedule 4 (Form of Effective Time Notice), signed by the Lessee, the Existing Lessor and the New Lessor.

Effective Time Notice has the meaning given to such term in the Novation Agreement;

Effective Time Notice means the notice to be signed and exchanged in accordance with clause 3.3 in the form set out in Schedule A.

Examples of Effective Time Notice in a sentence

Immediately thereupon, each of the parties hereto unconditionally and irrevocably agrees to sign and deliver to each of the other parties hereto the Effective Time Notice at the same time as (and subject to) the sale of the Aircraft to the New Owner is completed.
The Lessee confirms to the New Lessor on the date hereof and at the Effective Time (but, in respect of the Effective Time, subject to any qualifications noted in the Effective Time Notice): no [Event of Default] has occurred and is continuing under the Lease; no [[Event of Loss]/[Total Loss]] with respect to the [Airframe] or any Engine has occurred; and no damage has occurred to the Aircraft resulting in repair costs in excess of the [Damage Notification Threshold].
Security Deposit, Supplemental Rent and other Lessor contributions [With effect from the Effective Time, the current balance of the [Security Deposit] and the [Supplemental Rent] (in each case in the amounts set forth in the Effective Time Notice) shall be transferred in full to the New Lessor.
On the Delivery Date and subject to the satisfaction or waiver of the conditions precedent in Clause 4, including the payment by the Buyer of the Purchase Price, the parties shall jointly deliver the Effective Time Notice to the Lessee and the Seller shall execute and deliver the Xxxx of Sale.
This Agreement shall become effective upon execution by the Existing Lessor, the Lessee and the New Lessor of the Effective Time Notice.

More Definitions of Effective Time Notice

Effective Time Notice has, for any Aircraft, the meaning provided in the applicable Lease Novation;

Effective Time Notice means a notice substantially in the form attached as Schedule 1 hereto;

Effective Time Notice has the meaning ascribed to it in the Lease Novation;

Effective Time Notice means, in relation to each Assignment and Assumption Agreement, a notice in the form set forth in Schedule 1 to such Assignment and Assumption Agreement.

Effective Time Notice means the notice to be signed and exchanged between the Seller, the Purchaser and the Builders in accordance with clause 3.4 of the Construction Novation Agreement in the form set out in schedule A to that agreement;

Effective Time Notice means a written notice executed by Metrostar (for and on behalf of itself and the Original Buyers), DSM (for and on behalf of itself and the New Buyers), the Builder and SeaQuest in the form and on the terms of Schedule 4;

Effective Time Notice means a written notice executed by the Parties in the form and on the terms of Schedule 3 hereto;