GECAS Transaction definition

GECAS Transaction means the acquisition of or subscription for, as applicable, the Equity Interests in the Companies, the Transferred Assets and the New Ireland Company Notes (each such term as defined in the GECAS Transaction Agreement) by one or more direct or indirect Wholly-owned Subsidiaries of the Company, pursuant to the GECAS Transaction Agreement.
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GECAS Transaction means the transactions contemplated pursuant to the terms and conditions set forth in the Transaction Agreement, dated as of March 9, 2021, by and among the Borrower, AerCap Holdings N.V. and the other parties party thereto.
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GECAS Transaction means the acquisition of or subscription for, as applicable, equity interests and assets comprising the GECAS business by one or more direct or indirect Wholly-Owned Subsidiaries of Holdings, pursuant to the Transaction Agreement.
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Examples of GECAS Transaction in a sentence

  • Financial statements and reported results of operations of AerCap issued after the consummation of the GECAS Transaction will reflect these values.

  • As noted in note 6(e), AerCap has not completed its assessment of whether AerCap expects the GECAS Transaction to result in AerCap’s acquiring or assuming other intangible assets or liabilities and AerCap has not currently recognized other intangible assets or liabilities, including contracts related to aircraft on order.

  • The GECAS Transaction will be accounted for, and the unaudited condensed combined pro forma financial information has been prepared, using the acquisition method.

  • The unaudited condensed combined pro forma financial information has been prepared assuming that the cash consideration to be paid by AerCap in the GECAS Transaction will be financed with the net proceeds from one or more unsecured notes offerings, secured term loan borrowings and the Cash Adjustment, and that GE will receive $1 billion of AerCap Notes upon closing the GECAS Transaction.

  • AerCap and GE will jointly make an election under Section 338(h)(10) of the Internal Revenue Code, as amended (the “Code”), for the GECAS Transaction to be treated as an asset sale for U.S. federal income tax purposes, meaning there will be a step-up in the tax basis of certain GECAS U.S. owned assets, e.g. aircraft, helicopters, engines, to their fair market value.

  • AerCap shareholders approved the GECAS Transaction on May 12, 2021.

  • The AerCap ordinary shares issued to GE upon closing of the GECAS Transaction will be subject to a lock-up period which will expire in stages over a 9 to 15 month period after the closing date of the GECAS Transaction.

  • AerCap has not yet completed a full identification of other intangible assets; therefore, additional intangible assets may be recognized and valued upon the consummation of the GECAS Transaction.

  • From the announcement of the GECAS Transaction on March 10, 2021 to October 15, 2021, AerCap’s shares have traded between $47.30 and $63.49, with an average of $56.30.

  • Adjustment reflects the estimated proceeds, net of $135 million estimated debt issuance costs, from the financings used to fund the consideration to be paid to GE in the GECAS Transaction.


More Definitions of GECAS Transaction

GECAS Transaction means the acquisition of or subscription for, as applicable, equity interests and assets comprising GE Capital Aviation Services, the aviation leasing business of General Electric Company, by one or more direct or indirect Wholly-Owned Subsidiaries of Holdings, pursuant to the Transaction Agreement.
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Related to GECAS Transaction

  • Business Transaction means any initial merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses involving the Company.

  • M&A Transaction means (a) a transaction in which all or substantially all of the assets to which the subject matter of this Agreement relates are acquired by or assigned to party that is not an Affiliate, or (b) a sale of all or substantially all of the share capital of BioLine (or its Affiliates), (c) the merger of BioLine (or its Affiliates) with any other entity, or any other similar corporate action, except an internal reorganization of BioLine (or its Affiliates) for tax-related reasons otherwise.

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the Shareholders. Such term does not include:

  • Securities Transaction means a purchase of or sale of Securities.

  • Public-finance transaction means a secured transaction in connection with which:

  • Factoring Transaction means any transaction or series of transactions that may be entered into by the Borrower or any Restricted Subsidiary pursuant to which the Borrower or such Restricted Subsidiary may sell, convey, assign or otherwise transfer Securitization Assets (which may include a backup or precautionary grant of security interest in such Securitization Assets so sold, conveyed, assigned or otherwise transferred or purported to be so sold, conveyed, assigned or otherwise transferred) to any Person other than a Receivables Subsidiary.

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Company Acquisition Transaction means any transaction or series of transactions involving:

  • Holding Company Transaction means the occurrence of (a) any transaction (including, without limitation, any acquisition, merger or consolidation) the result of which is that a “person” or “group” within the meaning of Section 13(d) of the Securities Exchange Act of 1934, as amended, (i) becomes the direct or indirect ultimate “beneficial owner,” as defined in Rule 13d-3 under that Act, of common equity of the Issuer representing more than 50% of the voting power of the outstanding Common Stock or (ii) is otherwise required to consolidate the Issuer for purposes of generally accepted accounting principles in the United States, or (b) any consolidation or merger of the Issuer or similar transaction or any sale, lease or other transfer in one transaction or a series of related transactions of all or substantially all of the consolidated assets of the Issuer and its subsidiaries, taken as a whole, to any Person other than one of the Issuer’s subsidiaries; provided that, in the case of either clause (a) or (b), the Issuer or the Acquiror is or becomes a Bank Holding Company or Savings and Loan Holding Company.

  • Contactless Transaction means a Transaction that is authorised by you touching or holding your Card or linked device against or near a POS Terminal without the need to insert your Card.

  • Online Transaction means any Phone/Electronic Transaction requested through an Electronic Transmission over the Internet.

  • Retail transaction means the purchase of prepaid wireless telecommunications service from a seller for any purpose other than resale.

  • Permitted Securitization Transaction Any financing transaction undertaken by the Seller or an Affiliate of the Seller that is secured, directly or indirectly, by the Collateral or any portion thereof or any interest therein, including any sale, lease, whole loan sale, asset securitization, secured loan or other transfer.

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Hostile Acquisition means (a) the acquisition of the Equity Interests of a Person through a tender offer or similar solicitation of the owners of such Equity Interests which has not been approved (prior to such acquisition) by the board of directors (or any other applicable governing body) of such Person or by similar action if such Person is not a corporation and (b) any such acquisition as to which such approval has been withdrawn.

  • Company Transaction means the consummation of

  • Void Transaction means any transaction wherein the transaction has taken place but has been cancelled /rejected /unsuccessful by the Alliance Partner.

  • De Minimis Transaction means a transaction in an equity security (or an equivalent security) which is equal to or less than 300 shares, or is a fixed-income security (or an equivalent security) which is equal to or less than $15,000 principal amount. Purchases and sales, as the case may be, in the same security or an equivalent security within 30 days will be aggregated for purposes of determining if the transaction meets the definition of a De Minimis Transaction.

  • Securitization Transaction Any transaction involving either (1) a sale or other transfer of some or all of the Mortgage Loans directly or indirectly to an issuing entity in connection with an issuance of publicly offered or privately placed, rated or unrated mortgage-backed securities or (2) an issuance of publicly offered or privately placed, rated or unrated securities, the payments on which are determined primarily by reference to one or more portfolios of residential mortgage loans consisting, in whole or in part, of some or all of the Mortgage Loans.

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.

  • Sale Transaction has the meaning set forth in Section 3(a).

  • Acquisition Transaction has the meaning set forth in Section 5.09(a).

  • Equity Transaction means, with respect to any member of the Consolidated Parties, any issuance or sale of shares of its Capital Stock, other than an issuance (a) to a Consolidated Party, (b) in connection with a conversion of debt securities to equity, (c) in connection with the exercise by a present or former employee, officer or director under a stock incentive plan, stock option plan or other equity‑based compensation plan or arrangement, or (d) in connection with any acquisition permitted hereunder.

  • Financial Transaction means purchase, redemption, exchange or any other transaction involving the movement of Shares initiated by an End-User.