Funded Aircraft definition

Funded Aircraft has the meaning specified in the Note Purchase Agreement.
Sample 1Sample 2Sample 3
Funded Aircraft has the meaning set forth in the third recital to the Note Purchase Agreement.
Sample 1Sample 2Sample 3
Funded Aircraft means any Aircraft with respect to which Advances have been made hereunder.
Sample 1Sample 2Sample 3

Examples of Funded Aircraft in a sentence

  • It is understood that the foregoing provisions and conditions concerning a request for an additional legal opinion shall only apply to proposed or incipient Future Leases with a Lessee not currently the Lessee of the applicable Funded Aircraft, i.e., such provisions and conditions shall not apply to Future Leases that are renewals or extensions of a Lease of the applicable Funded Aircraft with its existing Lessee.

  • Immediately after giving effect to such Additional Advance, no more than one (1) Lessee of a Funded Aircraft will be a Non-Licensed Lessee.

  • The respective amounts so advanced by the Lenders through the related Funding Agent shall be based on the applicable Borrowing Bases certified to by the Borrower as part of the related Additional Advance Request (and assuming that all proposed Aircraft become Funded Aircraft by the end of the Holding Period).

  • The Funding Agent (through the receipt of funds from the Class A Lenders) is to make such proceeds available in the Borrower Funding Account notwithstanding that the funding conditions set forth in Section 7.2A and 7.3 for acquisition of an Additionally Funded Aircraft shall not yet have been satisfied in respect of all or any portion of the anticipated 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.

  • 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.

  • The respective amounts so advanced by the Class A Lenders through the related Funding Agent shall be based on the Class A Borrowing Base certified by the Borrower as part of the related Additional Class A Advance Request (and assuming that all proposed Aircraft become Funded Aircraft by the end of the Holding Period), such that immediately after giving effect to such advances no Class A Borrowing Base Deficiency shall exist.

  • In operation the dolly shaft, and with it the dolly, is swung back and forth from 1/2 to 3/4 of a turn.

  • Such Class A Advances by the Class A Lenders shall constitute Class A Advances for all purposes hereunder on and as of the date made, notwithstanding that any one or more of the proposed Aircraft may not become Additionally Funded Aircraft during the Holding Period.

  • 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.


More Definitions of Funded Aircraft

Funded Aircraft. Has the meaning specified in the recitals to this Trust Supplement.
Sample 1Sample 2
Funded Aircraft. Has the meaning specified in the preamble to this Trust Supplement.
Sample 1Sample 2
Funded Aircraft. Has the meaning specified in the recitals hereto.
Sample 1
Funded Aircraft means any Aircraft with respect to which Class A Advances have been made hereunder (unless such Class A Advances are no longer outstanding and such Aircraft is released from the liens contemplated under the Security Trust Agreement and any related Mortgage).
Sample 1
Funded Aircraft has the meaning set forth in the sixth recital to the Note Purchase Agreement.
Sample 1

Related to Funded Aircraft

  • Eligible Aircraft has the meaning set forth in the second recital to the Note Purchase Agreement.

  • Replacement Aircraft means the Aircraft of which a Replacement Airframe is part.

  • Unmanned aircraft means any aircraft operating or designed to operate autonomously or to be piloted remotely without a pilot on board;

  • Leased Aircraft Has the meaning specified in the third recital to this Trust Supplement.

  • large aircraft means an aircraft, classified as an aeroplane with a maximum take-off mass of more than 5 700 kg, or a multi-engined helicopter;

  • Owned Aircraft Has the meaning specified in the third recital to this Trust Supplement.

  • New Aircraft Has the meaning specified in the Note Purchase Agreement.

  • Aircraft means any machine that can derive support in the atmosphere from the reactions of the air other than the reactions of the air against the earth’s surface;

  • Commercial aircraft means any civil aircraft used in flight activity for compensation or for hire.

  • Fixed wing turbine powered aircraft means an aircraft that:

  • Unmanned aircraft system means an unmanned aircraft and associated elements, including communication links and components that control the unmanned aircraft that are required for the pilot in command to operate safely and efficiently in the national airspace system.

  • State aircraft means an aircraft, other than a commercial aircraft, owned and operated by the government of any country or the government of a colony, dependency, province, state, territory or municipality of a country;

  • Scheduled Airline means any civilian aircraft operated by a civilian scheduled air carrier holding a certificate, license or similar authorization for civilian scheduled air carrier transport issued by the country of the aircraft’s registry, and which in accordance therewith flies, maintains and publishes tariffs for regular passenger service between named cities at regular and specified times, on regular or chartered flights operated by such carrier.

  • Substitute Aircraft Has the meaning specified in the NPA.

  • Operation of aircraft or “operate aircraft” means the use of aircraft for the purpose of air navigation, including the navigation or piloting of aircraft. Any person who causes or authorizes the operation of aircraft, whether with or without the right of legal control in the capacity of owner, lessee, or otherwise, of the aircraft, is engaging in the operation of aircraft.

  • Replacement Airframe means an Airbus A321 aircraft or a comparable or improved model of Manufacturer (except (a) Engines or engines from time to time installed thereon and any and all Parts related to such Engine or engines and (b) Excluded Equipment), that shall have been made subject to the Lien of the Indenture pursuant to Section 7.05 thereof, together with all Parts relating to such aircraft.

  • aircraft type means all aircraft of the same basic design including all modifications thereto except those modifications which result in a change in handling or flight characteristics;

  • Customer-Funded Upgrade means any Network Upgrade, Local Upgrade, or Merchant Network Upgrade for which cost responsibility (i) is imposed on an Interconnection Customer or an Eligible Customer pursuant to Tariff, Part VI, section 217, or (ii) is voluntarily undertaken by a New Service Customer in fulfillment of an Upgrade Request. No Network Upgrade, Local Upgrade or Merchant Network Upgrade or other transmission expansion or enhancement shall be a Customer-Funded Upgrade if and to the extent that the costs thereof are included in the rate base of a public utility on which a regulated return is earned.

  • Alternative fuel vehicle means a vehicle designed to be capable of running on at least one type of fuel that is either gaseous at atmospheric temperature and pressure, or substantially non-mineral oil derived.

  • Public aircraft means an aircraft used exclusively in the service of any government or of any political subdivision thereof, including the government of any state, territory, or possession of the United States, or the District of Columbia, but not including any government-owned aircraft engaged in carrying persons or property for commercial purposes.

  • Civil aircraft means any aircraft other than a public aircraft.

  • designated airline means an airline designated and authorized in accordance with Article 3 of this Agreement;

  • Fleet means one or more commercial vehicles.

  • Compression ignition engine means an internal combustion engine with operating characteristics significantly similar to the theoretical diesel combustion cycle. The regulation of power by controlling fuel supply in lieu of a throttle is indicative of a compression ignition engine.

  • Development Location Point means a single point selected by the Applicant on the proposed Development site that is located within 100 feet of a residential building existing or to be constructed as part of the proposed Development. For a Development which consists of Scattered Sites, this means a single point on the site with the most units that is located within 100 feet of a residential building existing or to be constructed as part of the proposed Development.

  • aircraft operator means a person that operated at least 729 commercial air transport flights departing from Union airports in the reporting period or, where that person may not be identified, the owner of the aircraft;