Intermediate Lease definition

Intermediate Lease means, in respect of any Pool Aircraft, the lease to be entered into between the relevant Owner Subsidiary or an Intermediate Lessee (as lessor) and an Intermediate Lessee (as lessee).

Intermediate Lease means, in respect of any Portfolio Aircraft, each Lease in effect or to be entered into between the relevant Aircraft Owning Entity (as lessor) and an Intermediate Lessee (as lessee) or an Intermediate Lessee (as lessor) and another Intermediate Lessee (as lessee).

Intermediate Lease means, in respect of any Pool Aircraft, the lease (if any) to be entered into between the Grantor that Owns such Pool Aircraft (as lessor) and an Intermediate Lessee (as lessee).

Examples of Intermediate Lease in a sentence

• Intermediate Lease Agreement, dated as of July 18, 2007 between International Lease Finance Corporation, as Lessee, and ILFC Aruba A.V.V., as Lessor.

• Intermediate Lease Agreement, dated as of September 24, 2007 between International Lease Finance Corporation, as Lessee, and ILFC Cayman LTD, as Lessor.

• Intermediate Lease Agreement, dated as of April 12, 2007 between International Lease Finance Corporation, as Lessee, and ILFC (Bermuda) III Ltd., as Lessor.

• Aircraft Intermediate Lease Agreement dated as of May 11, 2010, between Flying Fortress Bermuda Leasing Ltd., as Lessor and Wilmington Trust SP Services (Dublin) Limited, acting not in its individual capacity but solely as trustee, as Lessee.

• For purposes of clarification, the foregoing restriction on the sale, transfer or other disposal of the ownership of the Pool Aircraft by the Grantors does not apply to the leasing by Lease or Intermediate Lease of Pool Aircraft in accordance with Leasing Company Practice.

More Definitions of Intermediate Lease

Intermediate Lease means, in respect of any Pool Aircraft, each lease in effect or to be entered into between the relevant Lessor Subsidiary (as lessor) and an Intermediate Lessee (as lessee) or an Intermediate Lessee (as lessor) and another Intermediate Lessee (as lessee), in each case, which is listed on Schedule 3.17(b) hereto, as such schedule is supplemented (or, if not so supplemented, required to be supplemented) pursuant to the terms hereof from time to time, in each case together with all schedules, supplements and amendments thereto and each other document, agreement and instrument related thereto.

Intermediate Lease means, in respect of an Aircraft financed under a structure where a Lessee leases that Aircraft to another Lessee, a subject and subordinate lease agreement entered into between the first Lessee as lessor and the second Lessee as lessee in form and substance reasonably satisfactory to the Security Trustee;

Intermediate Lease any lease of the whole of the Premises (whether with other land) by any person who is not the freeholder of the Premises

Intermediate Lease means in relation to an Aircraft which is subject to an intermediate lease structure the aircraft lease agreement between the Owner for that Aircraft and/or the Owner Trustee for that Aircraft (as applicable) and the Lessor for that Aircraft pursuant to which that Owner and/or that Owner Trustee (as applicable) agrees to lease that Aircraft to that Lessor, together the Intermediate Leases.

Intermediate Lease means, in respect of an Aircraft, the lease to be entered into between the Borrower or a Sub-Borrower or another Intermediate Lessee (as the case may be) as lessor and an Intermediate Lessee as lessee.

Intermediate Lease means in respect of an Aircraft financed under a structure where an Export Lessee leases the Aircraft to another Export Lessee a subject and subordinate, lease agreement entered into between those Export Lessees as lessor and lessee in the agreed form.

Intermediate Lease means, in respect of an Aircraft, the lease to be entered into between the Borrower or a Sub-Borrower or another Intermediate Lessee (as the case may be) as lessor and an Intermediate Lessee as lessee;