Examples of Funded Aircraft in a sentence
Immediately after giving effect to such Additional Advance, no more than one (1) Lessee of a Funded Aircraft will be a Non-Licensed Lessee.
No Event of Loss has occurred with respect to any such Additionally Funded Aircraft as of the Additional Class A Advance Date.
CFM CFM56-7 Funded Aircraft N/A Amended and Restated Note Purchase Agreement American Airlines 2016-2 Aircraft EETC SCHEDULE I to NOTE PURCHASE AGREEMENT (Cont’d) No. U.S. Registration No. Airframe Manufacturer Airframe Model (including generic manufacturer and model) Airframe MSN Engine Manufacturer Engine Model (including generic manufacturer and model) Funded Aircraft / Owned Aircraft / New Delivery Aircraft Scheduled Delivery Month 13.
III-1 APPENDIX 4 Applicable Amortization Value Aircraft Age1 Value A2 Value B3 Less than 1 213.05483 195.68345 1 up to but less than 2 200.00000 184.61538 2 up to but less than 3 187.01299 173.49398 3 up to but less than 4 174.09326 162.31884 4 161.2403 151.08959 1 The “Aircraft Age” is the number of years that have elapsed between the manufacturer completion date of an Aircraft and the date such Aircraft becomes a Funded Aircraft.
The Administrative Agent shall have received evidence that the Maintenance Reserve Account shall have been funded in an amount equal to the Maintenance Reserves Required Amount for all Funded Aircraft less the aggregate available amount under each Maintenance Reserves Eligible Letter of Credit.
Each Additionally Funded Aircraft has a manufacture completion date that is not more than four (4) years prior to the date on which such Aircraft becomes a Funded Aircraft.
The Administrative Agent shall have received amended and restated copies of Schedule I, Schedule II, Schedule III and Schedule VIII incorporating all information required thereunder regarding (i) the Additionally Funded Aircraft or interests therein acquired with such Additional Class A Advances, (ii) each Aircraft Owning Entity and, if applicable, Owner Participant and Owner Trustee related to any such Additionally Funded Aircraft, and (iii) the Lease with respect to each Additionally Funded Aircraft.
The Borrower will, or will cause the Servicer to, (x) direct all Obligors related to Leases of Funded Aircraft to remit all Collections and all payments in respect of Security Deposits with respect to such Aircraft (but not payments in respect of Maintenance Reserves with respect to any Aircraft) to the Collection Account.
No Event of Loss has occurred with respect to any Additionally Funded Aircraft as of the related Additional Class A Advance Date.
N153AN Airbus Airbus A321-231S (Airbus A321-200) 6908 IAE International Aero Engines AG International Aero Engines V2500-A5 Funded Aircraft N/A 3.