Eurocontrol Letter definition

Eurocontrol Letter means a letter in the form set out in Schedule 12 hereto.
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Eurocontrol Letter means, in respect of an Aircraft, a letter signed by the Sublessee to be provided to each of the Borrower and the Security Trustee in the form set out in Appendix C (Form of Eurocontrol Letter) or such other form as is approved by Lessee and the Security Trustee acting reasonably.
Sample 1
Eurocontrol Letter means letters addressed to Eurocontrol pursuant to which the Lessee or, as the context may require, the Permitted SubLessee authorises the addressee to issue to the Lessor and, to the extent permitted by such addressee, the relevant Security Trustee, upon the Lessor's or such Security Trustee's request (as applicable) from time to time, a statement of account of all sums due by the Lessee to Eurocontrol in respect of all aircraft (including the Aircraft) operated by the Lessee;
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Examples of Eurocontrol Letter in a sentence

  • In the event the Aircraft is at any time to be operated in any jurisdiction in which Eurocontrol has jurisdiction over airport operations, Lessee shall, prior to commencing such operations, provide Lessor and the Lenders with a Eurocontrol Letter.

  • Provided that the Eurocontrol Letter names the trustee of the GATS Trust (in its capacity as lessor) as the party entitled to request the general statement of account and the trustee has entered into a ‘CEFA Agreement’ with Eurocontrol, a transfer of the beneficial interest in the trust should not result in any new requirement of the lessee to provide a new Eurocontrol Letter.

  • Provided that the Eurocontrol Letter names the trustee of the GATS Trust (in its capacity as lessor) as the party entitled to request the general statement of account and the trustee has entered into a ‘CEFA Agreement’ with Eurocontrol, a transfer of the beneficial interest in thetrust should not result in any new requirement of the lessee to provide a new Eurocontrol Letter.


More Definitions of Eurocontrol Letter

Eurocontrol Letter means any letter executed, or to be executed, by the Sublessee or, as the case may be, any Permitted Sublessee in respect of the Aircraft in the form of Exhibit A to the Additional Agreement together with Eurocontrol’s acknowledgement of receipt. “Event of Default” has the meaning specified for such term in Section 13 of the Sublease. “Event of Loss” means, with respect to any Aircraft, Airframe, Engine, Spare Engine or Propeller, any of the following events with respect to such property: (i) the loss of such property or of the use thereof due to the destruction of or damage to such property which renders repair uneconomic or which renders such property permanently unfit for normal use for any reason whatsoever; (ii) any damage to such property which results in an insurance settlement with respect to such property on the basis of a total loss, or a constructive or compromised total loss; (iii) the theft or disappearance of such property for a period in excess of sixty (60) days or, if earlier, the expiration of the Term for such property; (iv) the requisition for use of such property by any governmental authority (other than a requisition for use by the United States Government or any government of registry of the Aircraft or any agency or instrumentality thereof) that shall have resulted in the loss of possession of such property by Lessee (or any Permitted Sublessee) for a period in excess of ninety (90) consecutive days or, if earlier, the expiration of the Term for such property; (v) the requisition for use by the United States Government or any government of registry of any Aircraft or any instrumentality or agency thereof, which shall have occurred during the Term for the relevant property and shall have continued for a period of thirty (30) days beyond such Term; (vi) the condemnation, confiscation or requisition of such property by the United States Government or any government of registry, if such condemnation, confiscation or requisition results in a loss by the Lessor of its title to such property or the taking of title to any Aircraft, Airframe, Engine, Spare Engine or Propeller by the United States Government or any government of registry; and (vii) with respect to an Engine, Spare Engine or Propeller only, any divestiture of title to or interest in such property or any event with respect to such property that is deemed to be an Event of Loss with respect to such property pursuant to Section 7(b)(v) of the Lease. An Event of Loss with respect ...
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Related to Eurocontrol Letter

  • Control Letter means a letter agreement between Agent and (i) the issuer of uncertificated securities with respect to uncertificated securities in the name of any Credit Party, (ii) a securities intermediary with respect to securities, whether certificated or uncertificated, securities entitlements and other financial assets held in a securities account in the name of any Credit Party, (iii) a futures commission merchant or clearing house, as applicable, with respect to commodity accounts and commodity contracts held by any Credit Party, whereby, among other things, the issuer, securities intermediary or futures commission merchant disclaims any security interest in the applicable financial assets, acknowledges the Lien of Agent, on behalf of itself and Lenders, on such financial assets, and agrees to follow the instructions or entitlement orders of Agent without further consent by the affected Credit Party.

  • Mobile Banking Service means the EB Services which we enable you to access via the Mobile Banking App or a web browser designed for use on a Mobile Device; and

  • Investment Property Control Agreement means an agreement in writing, in form and substance satisfactory to Agent, by and among Agent, any Borrower or Guarantor (as the case may be) and any securities intermediary, commodity intermediary or other person who has custody, control or possession of any investment property of such Borrower or Guarantor acknowledging that such securities intermediary, commodity intermediary or other person has custody, control or possession of such investment property on behalf of Agent, that it will comply with entitlement orders originated by Agent with respect to such investment property, or other instructions of Agent, and has such other terms and conditions as Agent may require.

  • Existing Management Agreement means that certain management agreement between the Seller and the Existing Manager for the operation and management of the Hotel.

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • Instruction Letter means written instructions in a form acceptable to NCPS and executed by Issuer Party with Issuer Party directing NCPS to promptly disburse the Escrow Funds to Issuer pursuant to Section 4(a).

  • Control Affiliate of a Person means (a) any other Person directly or indirectly owning, controlling, or holding with power to vote, greater than 50% of the outstanding voting securities of such Person, (b) any other Person greater than 50% of whose outstanding voting securities are directly or indirectly owned, controlled, or held with power to vote, by such Person, or (c) any Person directly or indirectly controlling, controlled by, or under common control with, such other Person. For purposes of this defined term, “control” means the power to exercise a controlling influence over the management or policies of a company, and “controlling” and “controlled” shall have correlative meanings.

  • Sanction Letter means the letter issued by the Lender sanctioning the Loan with the relevant particulars as mentioned in the letter.

  • Investment Management Agreement means the Investment Management Agreement, dated as of the date hereof, by and between the Investment Manager and the Borrower.

  • Control Agreement is any control agreement entered into among the depository institution at which Borrower maintains a Deposit Account or the securities intermediary or commodity intermediary at which Borrower maintains a Securities Account or a Commodity Account, Borrower, and Bank pursuant to which Bank obtains control (within the meaning of the Code) over such Deposit Account, Securities Account, or Commodity Account.

  • Investment Management Agreement or IMA means the Investment Management Agreement (IMA) dated December 9, 2002, executed between UTI Trustee Company Private Limited and UTI Asset Management Company Limited.

  • aerodrome control service means air traffic control service for aerodrome traffic;

  • Collateral Management Agreement The agreement dated as of the Closing Date, between the Issuer and the Collateral Manager relating to the management of the Collateral Obligations and the other Assets by the Collateral Manager on behalf of the Issuer, as amended from time to time in accordance with the terms thereof.

  • Blocked Account Control Agreement means the Cash Management Agreement among Borrower, Cash Management Account Bank and Lender providing for the exclusive control of the Cash Management Account and all other Subaccounts by Lender, substantially in the form of Exhibit A or such other form as may be reasonably acceptable to Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Mobile Banking means the banking services accessible from the Device you have registered with us for Mobile Banking.

  • Security Management Plan means the Supplier's security management plan prepared pursuant to paragraph 3 of schedule 2 an outline of which is set out in paragraph 2.7 of the Order Form as updated from time to time;

  • Rate Management Agreement means any agreement, device or arrangement providing for payments which are related to fluctuations of interest rates, exchange rates, forward rates, or equity prices, including, but not limited to, dollar-denominated or cross-currency interest rate exchange agreements, forward currency exchange agreements, interest rate cap or collar protection agreements, forward rate currency or interest rate options, puts and warrants, and any agreement pertaining to equity derivative transactions (e.g., equity or equity index swaps, options, caps, floors, collars and forwards), including without limitation any ISDA Master Agreement between Borrower and Lender or any affiliate of Fifth Third Bancorp, and any schedules, confirmations and documents and other confirming evidence between the parties confirming transactions thereunder, all whether now existing or hereafter arising, and in each case as amended, modified or supplemented from time to time.

  • New Management Agreement means the management agreement to be entered into between Buyer and the Manager for the operation and management of the Hotel on and after the Closing Date.

  • Control Account Agreement means any tri-party agreement by and among a Loan Party, the Administrative Agent and a depositary bank or securities intermediary at which such Loan Party maintains a Controlled Account, in each case in form and substance satisfactory to the Administrative Agent.

  • Implementation Letter means the letter of even date herewith, from the Borrower to the Bank, containing the performance indicators for Project monitoring and evaluation;

  • Change of Control Agreement means the Change of Control letter agreement between the Company and the Executive of even date herewith.

  • Replacement Management Agreement means, collectively, (a) either (i) a management agreement with a Qualified Manager substantially in the same form and substance as the Management Agreement, or (ii) a management agreement with a Qualified Manager, which management agreement shall be reasonably acceptable to Lender in form and substance, provided, with respect to this subclause (ii), Lender, at its option, may require that Borrower shall have obtained prior written confirmation from the applicable Rating Agencies that such management agreement will not cause a downgrade, withdrawal or qualification of the then current rating of the Securities or any class thereof and (b) an assignment of management agreement and subordination of management fees substantially in the form then used by Lender (or of such other form and substance reasonably acceptable to Lender), executed and delivered to Lender by Borrower and such Qualified Manager at Borrower’s expense.

  • Treasury Management Agreement means any agreement governing the provision of treasury or cash management services, including deposit accounts, overdraft, credit or debit card, funds transfer, automated clearinghouse, zero balance accounts, returned check concentration, controlled disbursement, lockbox, account reconciliation and reporting and trade finance services and other cash management services.

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • Deposit Account Control Agreement means each deposit account control agreement among a Borrower, the Administrative Agent and the Account Bank, as the same may be amended, amended and restated, supplemented or otherwise modified from time to time.

  • Digital Banking (a) means our present and future online banking services which can be accessed through 365 Online, Business Online, Bank of Ireland Mobile Banking, and services available on www.bankofireland.com; and