Leased Aircraft definition
Examples of Leased Aircraft in a sentence
The Liquidity Provider shall be indemnified hereunder to the extent and in the manner described in Section 8.1 of the Participation Agreements with respect to Owned Aircraft and Section 9.1 of the Participation Agreements with respect to Leased Aircraft.
Pursuant to the terms of the Deposit Agreement and the Note Purchase Agreement, a portion of the proceeds from the issuance of the Applicable Certificates will be withdrawn from the Deposit Account on any date on which an Owner Trustee (in the case of a Leased Aircraft) or the Company (in the case of an Owned Aircraft) issues Equipment Notes with respect to an Aircraft.
Leased Aircraft means an aircraft not owned by the Policyholder, which is subject to a written lease agreement between the Policyholder and the lessor.
Leased Aircraft does not include aircraft which are chartered for single trips.
The Liquidity Provider shall be indemnified hereunder to the extent and in the manner described in Section 4.02 of the Participation Agreements relating to the Owned Aircraft and Section 10 of the Participation Agreements relating to the Leased Aircraft.