Examples of Federal Aviation Code in a sentence
The Security Agreement, Security Agreement Supplement No.1, and the FAA Xxxx of Sale relating to the Aircraft will have been duly filed for recordation (or shall be in the process of being so duly filed) pursuant to and in accordance with the Federal Aviation Code.
The FAA Xxxx of Sale, the Security Agreement and Security Agreement Supplement No. 1 covering the Aircraft shall have been duly filed for recordation (or shall be in the process of being so duly filed for recordation) with the FAA pursuant to the Federal Aviation Code.
Any successor Owner Trustee, however appointed, shall, if required by the Federal Aviation Code, be a Citizen of the United States and shall also be a bank or trust company organized under the laws of the United States or any state thereof having a combined capital and surplus of at least $250,000,000, if there be such an institution willing, able and legally qualified to perform the duties of Owner Trustee hereunder upon reasonable or customary terms.
The Security Agreement and the Security Agreement Supplement and the FAA Xxxx of Sale relating to such Aircraft will have been duly filed for recordation (or shall be in the process of being so duly filed) pursuant to and in accordance with the Federal Aviation Code.
Notwithstanding anything to the contrary in this Agreement, the Owner Trustee and the Owner Participant hereby agrees as follows: If Persons who are not "Citizens of the United States" as defined in Section 40102(a)(15) of the Federal Aviation Code or resident aliens have the power to direct or remove the Owner Trustee, either directly or indirectly through the control of another Person, those Persons together may not have more than 25 percent of the aggregate power to direct or remove the Owner Trustee.
The Borrower shall cause each Aircraft to be, and at all times to remain, duly registered with the FAA under the Federal Aviation Code in the name of the Borrower or with such other country of registry and in such name as shall be permitted under Section 3 J(b) below.
The Security Agreement and the Security Agreement Supplement and the FAA Bill of Sale relating to such Aircraft will have been duly filed for recordation (or shall be in the process of being so duly filed) pursuant to and in accordance with the Federal Aviation Code.
Borrower shall cause the Aircraft to be, and at all times to remain, duly registered with the FAA under the Federal Aviation Code in the name of Borrower or with such other country of registry and in such name as shall be permitted under Section 3.3(b) below.