Examples of Financed Aircraft in a sentence
The aircraft, comprised of, collectively, the Leased Aircraft and the Financed Aircraft, that are the subject matter of this Term Sheet (including the Schedules, Appendices and Exhibits hereto, this “Term Sheet”) (each or collectively, as context may require, the “Aircraft”).
The Borrower, is obligated to use the total amount of this Credit to the payment and fulfillment of the obligations assumed by the Borrower in the Second Novation Agreement of the Original Purchase Agreement of the Financed Aircraft, including the repayment set forth in the Netting Letter, being the Borrower obligated to fulfill completely the purposes set forth in such Trust PDP Santander/Bancomext 2 and to the terms of the Step-In Agreement.
The Debtors rejected each of the CRAFT Leases, abandoned one (1) of the CRAFT Financed Aircraft (N571ML), and restructured their repayment obligations for the other CRAFT Financed Aircraft (N570ML), each in accordance with the Aircraft Rejection/Abandonment Procedures Order and the CRAFT 1110(b) Stipulations.
The Servicer will execute and file such financing and continuation statements and any other documents reasonably requested by the Managing Facility Agent to be filed or which may be required by any law or regulation of any Governmental Authority to preserve and protect fully the interest of the Managing Facility Agent and the Purchasers in, to and under the Purchased Receivables and related Financed Aircraft (in each case as contemplated by the other provisions of this Agreement).
On March 23, 2016, the Debtors filed a Notice of Election Pursuant to 11 U.S.C. § 1110 With Respect to BNDES Financed Aircraft (ECF No. 374) 3.