Initial Engine definition

Initial Engine means each of the Aircraft Engines identified in Schedules 1A, 1B, 2A and 2B to the Acquisition Transfer Agreement (including any related Parts) and any Substitute Engines that are substituted for Remaining Initial Engines, excluding (a) any such Aircraft Engine (or related Engine Interest) sold or disposed of (directly or indirectly) by way of a completed Engine Disposition and (b) any Remaining Initial Engine for which a Substitute Engine is acquired pursuant to the Acquisition Transfer Agreement.
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Initial Engine means each of the Engines (or an interest therein) identified on Schedule 4-1 hereto that was acquired by WEST through its acquisition of WEST Funding on the Initial Closing Date or by WEST Funding during the Delivery Period beginning thereon, in each case pursuant to the Asset Transfer Agreement.
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Initial Engine means each of the Aircraft Engines identified in Schedule II (including any related Parts).
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Examples of Initial Engine in a sentence

  • TAN compasses several subareas: ● Technical Support Facility (TSF) ● Initial Engine Test (IET) Facility ● Loss of Fluid Test (LOFT) Facility ● Specific Manufacturing Capabilities (SMC) Facility and ● Water Reactor Research Test Facility (WRRTF) In general, TSF consists of facilities for handling, storage, examination, and research and development of spent nuclear fuel.

  • WEST agrees that, if it receives a Rental Payment (other than a Usage Fee) for an Initial Engine that is allocable in whole or in part to a period prior to the Closing Date, it will remit such Rental Payment or part thereof to ▇▇▇▇▇▇, and ▇▇▇▇▇▇ agrees that, if it receives a Rental Payment (other than a Usage Fee) for an Initial Engine that is allocable in whole or in part to a period after the Closing Date, it will remit such Rental Payment or part thereof to WEST.

  • The payment of the Cash Payment Amount for any Remaining Initial Engine to be made pursuant to Section 3.05(a)(iii) to any Seller shall, subject to the delivery as to such Engine of the Written Notice referred to in Section 3.05(a), be made as so provided notwithstanding the giving of any Default Notice or any other exercise of remedies hereunder.

  • At all times that any Engine Trust has been the owner of an Initial Engine, such Engine Trust has been covered by aviation liability insurance policies in such types and amounts and covering such risks and with such insurers as are substantially consistent with ▇▇▇▇▇▇’ customary practices and such Engine Trust will continue to be so covered on and after the Closing Date.

  • Except if and as set forth in the First Disclosure Letter, to ▇▇▇▇▇▇’ knowledge no Material Default has occurred and is continuing under the Lease in respect of any Initial Engine on and as of the Closing Date.

  • Borrower and Agent shall have entered into an Assignment of Lease Agreement for each Initial Leased Engine and Initial Engine Lease whereby Borrower shall assign all payments, deposits, letters of credit and prepayments associated with such lease to Agent as security hereunder.


More Definitions of Initial Engine

Initial Engine means that certain CFM International, Inc. model CFM56-7B20, also shown on the FAA records as CFM56-7B22, aircraft engine (which engine has 550 or more rated takeoff horsepower or the equivalent thereof) bearing manufacturer’s serial no. 889728.
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Related to Initial Engine

  • Initial Engineering Report means the engineering report concerning Oil and Gas Properties of Loan Parties dated as of June 30, 2006 prepared by Netherland, ▇▇▇▇▇▇ & Associates and ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇▇▇.

  • Diesel engine means an engine which works on the compression-ignition principle.

  • Replacement Engine means a [Engine Manufacturer and Model] engine (or an engine of the same or another manufacturer of a comparable or an improved model and suitable for installation and use on the Airframe with the other Engine (or any other Replacement Engine being substituted simultaneously therewith)) that shall have been made subject to the Lien of the Indenture pursuant to Section 7.04 or Section 7.05 thereof, together with all Parts relating to such engine, but excluding items installed or incorporated in or attached to any such engine from time to time that are excluded from the definition of Parts.

  • external engineering service means an engineering service outside the boundaries of a land area referred to in an application and that is necessary for the utilisation and development of the land;

  • Monthly Qualification Cycle means a period beginning one (1) Business Day prior to the first day of the current Statement Cycle through one (1) Business Day prior to the close of the current Statement Cycle.