GROUNDED AIRCRAFT definition

GROUNDED AIRCRAFT. GROUNDED ENGINE". "NON-ASSUMPTION EVENT", "OTHER AGREEMENT". "OTHER AIRCRAFT LEASE", "OTHER EXISTING AGREEMENT", "OTHER RESTRUCTURING LEASE AMENDMENT". "OTHER RESTRUCTURING LETTER AGREEMENT", "OWNERSHIP INTERESTS". "RESTRUCTURING LETTER AGREEMENT", "SEPARATELY GROUNDED ENGINE", "STORAGE PROGRAM", "SUBSIDIARY" and "TAX INDEMNITY AGREEMENT AMENDMENT" are added to Annex A to the Lease in appropriate alphabetical order:
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GROUNDED AIRCRAFT has the meaning specified for such term in SECTION 7(a)(1) of the Lease.
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GROUNDED AIRCRAFT has the meaning assigned to that term in subsection 6.9B.
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Examples of GROUNDED AIRCRAFT in a sentence

  • The following definitions of the terms "AMENDMENT AGREEMENT", "CHAPTER 11 CASE", "EFFECTIVE DATE", "EVENT OF DEFAULT TERMINATION VALUE", "EXCEPTED ENGINE", "GECC", "GROUNDED AIRCRAFT", "GROUNDED ENGINE".


More Definitions of GROUNDED AIRCRAFT

GROUNDED AIRCRAFT has the meaning specified for such term in SECTION 7(a)(i) of the Sublease.
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Related to GROUNDED AIRCRAFT

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

  • 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;

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

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

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

  • Substitute Aircraft Has the meaning specified in the NPA.

  • aircraft engines means aircraft engines (other than those used in military, customs or police services) powered by jet propulsion or turbine or piston technology and:

  • Airframe means the Aircraft excluding the Propulsion Systems.

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

  • 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;

  • 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.

  • airframes means airframes (other than those used in military, customs or police services) that, when appropriate aircraft engines are installed thereon, are type certified by the competent aviation authority to transport:

  • 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;

  • Scheduled Airline means an airline listed in the Official Airline Guide or ABC World Airways Guide where the air carrier holds a certificate, license or similar authorisation for scheduled air transportation issued by the relevant authorities in the Country in which the aircraft is registered, and in accordance with such authorisation, maintains and publishes schedules and tariffs for passenger service between named airports at regular and specific times.