Leasing Affiliate definition

Leasing Affiliate means a subsidiary of the Lessee or any other Person controlled by the Lessee, in each case that is, if the relevant Person is the operator or proposed operator of the Aircraft, a commercial air carrier possessing at all times while the Aircraft is operated by such person, all necessary authorizations (including, without limitation, those required to operate the Aircraft), consents and licenses; provided that in no event shall any Person be a Leasing Affiliate if such Person is, at the time of the proposed entry into of any sublease or interchange: (i) insolvent, or (ii) located in a country subject to EU or UN sanctions. For the purposes of this definition, the Lessee shall be deemed to “control” another Person if:

Leasing Affiliate means a subsidiary of LATAM or any other person controlled by LATAM, in each case that is, if the relevant person is the operator or proposed operator of the Aircraft, a commercial air carrier possessing at all times while the Aircraft is operated by such person, all necessary authorizations (including, without limitation, those required to operate the Aircraft), consents and licenses; provided that in no event shall any person be a Leasing Affiliate if such person is, at the time of the proposed entry into of any sublease or interchange: (i) insolvent, or (ii) located in a country subject to EU or UN sanctions. For the purposes of this definition, LATAM shall be deemed to “control” another person if:

Leasing Affiliate means any of:

Examples of Leasing Affiliate in a sentence

• The I/F Annual Report will contain a description of a method for the termination of the leasing arrangement with the Leasing Affiliate and for the confirmation and/or removal of the Independent Fiduciary by the Client Plans investing in the Accounts.

• Section III—Recordkeeping (1) RREEF and any Leasing Affiliate will maintain, for a period of six years, the relevant records necessary to enable the persons described in paragraph (2) of this Section III to determine whether the conditions of this exemption have been met.

• In the latter case, RREEF and the Independent Fiduciary, subject to the veto rights of the Client Plan(s), will determine whether it would be appropriate for a Leasing Affiliate to provide Leasing Services to one or both of the properties held by such Accounts.

• When we originally looked at this proposal we agreed with the Government’s concerns which were focussed in particular on the proposed default rules combined with the proposals for new consumer contracts and agency rules.

• In addition, the compensation paid to the Leasing Affiliate for Leasing Services by any Account must not exceed the amount paid in an arm’s- length transaction between unrelated parties for comparable properties in similar locales.

More Definitions of Leasing Affiliate

Leasing Affiliate means Aviation Sales Leasing Company, a Delaware corporation and a wholly-owned Subsidiary of the Parent.

Leasing Affiliate means (i) a Guarantor; (ii) a Subsidiary of the Borrower;

Leasing Affiliate means (i) a Guarantor; (ii) a Subsidiary of the Borrower;(iii) a Subsidiary of any Guarantor; or (iv) any other Person controlled by the Borrower or any Guarantor, in each case that is, (a) if a commercial air carrier, possessing all necessary authorizations (including, without limitation, those required to operate the Aircraft or Engine, as applicable), consents and licenses and (b) organized under the laws of, and principally based in, Chile, Mexico, Peru, Ecuador, Colombia, Brazil, Argentina, Paraguay, the United States or the Dominican Republic. For purposes of this definition, the Borrower or any Guarantors shall be deemed to control another Person if the Borrower or such Guarantor possesses, directly or indirectly, the power to direct or cause the direction of the management and policies of such other Person, whether through the ownership of voting securities, by contract or otherwise.

Leasing Affiliate means, in each case, so long as they are an Affiliate of Lessee at the time of the relevant event: For the purposes of this definition, Lessee shall be deemed to “control” another entity if: (1) Lessee possesses, directly or indirectly, the power to direct the management or policies of such other entity either through: (i) the ownership of voting rights; (ii) control of the board (including control of its composition) of the other entity; or (iii) indirect control of (i) and (ii); or (2) such other entity would, under relevant accounting principles, be consolidated or required to be consolidated for accounting purposes with Lessee.

Leasing Affiliate means any of * All text marked “*REDACTED” is Redacted Per Amended Standing Order Regarding Redactions Dated February 2, 2021. REDACTED* under relevant accounting principles, be consolidated for accounting purposes with Lessee.

Leasing Affiliate means any of (a) a subsidiary of Lessee, (b) an Affiliate of Lessee or (c) any other Person controlled by Lessee, in each case that is, if the relevant Person is the operator or proposed operator of the Aircraft, a commercial air carrier possessing at all relevant times while the Aircraft is operated by such Person, all necessary authorizations, consents and licenses. For the purposes of this definition, Lessee shall be deemed to control another Person if (1) Lessee possesses directly or indirectly the power to direct the management or policies of such other Person whether through (x) the ownership of voting rights, (y) control of the board (including control of its composition) of the other Person or (z) indirect control of (x) and (y); or (2) such other person would, under Applicable Accounting Principles, be consolidated for accounting purposes with Lessee.

Leasing Affiliate means, in each case, so long as they are an Affiliate of the Lessee at the time of the relevant event: