Lessee Power of Attorney definition

Lessee Power of Attorney means each power of attorney executed by the Lessee in favor of the Loan Trustee in connection with the repossession, re-export and deregistration of each Aircraft in form and substance satisfactory to the Loan Trustee.
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Lessee Power of Attorney means, in relation to an Aircraft, either or both, as the context may require, of (A) the power of attorney executed by a Lessee in favor of the Collateral Agent in connection with the repossession, re-export and deregistration of such Aircraft and (B) the irrevocable deregistration and export request authorization executed by a Lessee in favor of the Collateral Agent for such Aircraft in the form of the annex to the Cape Town Convention.
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Lessee Power of Attorney means, in respect of an Aircraft, the power of attorney executed by the Lessee of such Aircraft in favor of the Security Trustee pursuant to Section 4(i) of the Aircraft Mortgage for such Aircraft.
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Examples of Lessee Power of Attorney in a sentence

  • While Lessee holds the Lessee Power of Attorney, any owners under any CC&Rs (“CC&R Owner(s)”) will deal exclusively with Lessee on all such matters pertaining to Lessor as CC&R Lot Owner under any CC&Rs.

  • If reasonably required by the Agent, the Agent shall have received a duly executed Lessee Power of Attorney relating to the lease for the applicable Aircraft, satisfactory in form and substance to the Agent.

  • Any Lessee Power of Attorney shall conclusively be deemed to be effective for the entire Term of this Lease, except that any Lessee Power of Attorney shall automatically terminate upon the expiration of such Term or any earlier termination of this Lease, including, but not limited to, termination as a result of Lessor's transfer of its rights, title and interest in the Leased Premises to Lessee.

  • A Lessee Power of Attorney may be transferred, pledged or collaterally assigned by Lessee as a part of a loan transaction.

  • The Lessee Power of Attorney (A) shall conclusively be deemed to be coupled with an interest, and (B) except as otherwise expressly provided in (iii) below, shall be (x) irrevocable and (y) perpetual.

  • Notwithstanding the immediately preceding sentence, such heirs, personal representatives, successors and assigns shall, promptly upon notice from Lessee requesting such action, provide such further written assurances of the continued effect of the Lessee Power of Attorney as Lessee may reasonably request in such notice.

  • The grant of any Lessee Power of Attorney shall, except to the extent of any limitations on the extent or exercise of the Lessee Power of Attorney expressly set forth in this Lease or other document by which such Lessee Power of Attorney is granted, conclusively constitute the designation of Lessee as the exclusive agent and attorney in fact of Lessor as CC&R Lot Owner, and the grant to Lessee of an exclusive power of attorney.

  • Lessee, as holder of a Lessee Power of Attorney, may permit its rights, powers and duties thereunder to be exercised and performed on its behalf by its officers, directors, employees and agents.

  • The Lessee Power of Attorney granted to Lessee pursuant to this Section 2.5(a) shall be conclusively deemed to be on the terms set forth in Section 2.5(b) below.

  • The Lessee Power of Attorney granted to Lessee pursuant to this Section 2.5 (a) shall be conclusively deemed to be on the terms set forth in Section 2.5(b) below.


More Definitions of Lessee Power of Attorney

Lessee Power of Attorney means a Lessee Power of Attorney substantially in the form of Schedule 9. LESSOR LIEN (a) a Mortgage, an Assignment and any other charge, pledge, lien, security interest, hypothecation or encumbrance whatsoever from time to time created by or through Owner, Lessor or Beneficiary in connection with the financing of the Aircraft;
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Lessee Power of Attorney means a power of attorney granted by Lessor to Lessee pursuant to the terms of Section 2.5.
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Related to Lessee Power of Attorney

  • Power of Attorney means a record that grants an agent authority to act in the place of a principal.

  • General power of appointment means a power of appointment exercisable in favor of the powerholder, the powerholder's estate, a creditor of the powerholder, or a creditor of the powerholder's estate.

  • Assignment of Proprietary Lease With respect to a Cooperative Loan, the assignment of the related Cooperative Lease from the Mortgagor to the originator of the Cooperative Loan.

  • City Attorney means the City Attorney of the City or any person designated by the City Attorney to perform one or more of the duties of the City Attorney under this Agreement.

  • County Attorney means the County Attorney of the County of Suffolk.

  • District attorney means any of the following:

  • second authority means the authority to which a mover is liable to make payments for the new dwelling;

  • Bail-in Powers means any Write-down and Conversion Powers as defined in the EU Bail-in Legislation Schedule, in relation to the relevant Bail-in Legislation.

  • Power of appointment means a power that enables a powerholder acting in a nonfiduciary capacity to designate a recipient of an ownership interest in or another power of appointment over the appointive property. The term does not include a power of attorney.

  • Fire authority means the department, agency, or public entity with responsibility

  • Assignment of Management Agreement means the Assignment of Management Agreement and Subordination of Management Fees, dated the same date as this Loan Agreement, among Borrower, Lender and Property Manager, including all schedules, riders, allonges and addenda, as such Assignment of Management Agreement may be amended from time to time, and any future Assignment of Management Agreement and Subordination of Management Fees executed in accordance with Section 6.09(d).

  • Private Authorizations means all franchises, permits, licenses, approvals, consents and other authorizations of all Persons (other than Governmental Authorities).

  • Authorised Authority Representative means the Authority representative named in CCN as authorised to approve agreed Variations to the Contract.

  • Bail-in Power means any statutory cancellation, write-down and/or conversion power existing from time to time under any laws, regulations, rules or requirements relating to the resolution of banks, banking group companies, credit institutions and/or investment firms, including but not limited to any such laws, regulations, rules or requirements that are implemented, adopted or enacted within the context of a European Union directive or regulation of the European Parliament and of the Council establishing a framework for the recovery and resolution of credit institutions and investment firms, or any other applicable laws or regulations, as amended, or otherwise, pursuant to which obligations of a bank, banking group company, credit institution or investment firm or any of its affiliates can be reduced, cancelled and/or converted into shares or other securities or obligations of the obligor or any other person.

  • UK Bail-in Powers means the powers under the UK Bail-In Legislation to cancel, transfer or dilute shares issued by a person that is a bank or investment firm or affiliate of a bank or investment firm, to cancel, reduce, modify or change the form of a liability of such a person or any contract or instrument under which that liability arises, to convert all or part of that liability into shares, securities or obligations of that person or any other person, to provide that any such contract or instrument is to have effect as if a right had been exercised under it or to suspend any obligation in respect of that liability.

  • Road authority means each governmental agency with jurisdiction over public streets and highways. Road authority includes the department, any other state agency, and intergovernmental, county, city, and village governmental agencies responsible for the construction, repair, and maintenance of streets and highways. When a street railway operates or seeks to operate a street railway system over public streets and highways over which more than 1 road authority possesses jurisdiction, road authority includes each road authority with jurisdiction over public streets and highways upon which the street railway operates or seeks to operate a street railway system.

  • Custody Agreement means the Custodial Agreement, dated as of the Closing Date among the Borrower, the Servicer, the Originator, the Administrative Agent and the Collateral Custodian, as amended by that certain Amendment No. 1 to Custodial Agreement dated as of April 14, 2009 and as the same may from time to time be further amended, restated, supplemented, waived or modified.

  • Transferee Affidavit and Agreement As defined in Section 6.02(g)(i)(B).

  • Public right-of-way means only the area of real property in which the City has a dedicated or acquired right-of-way interest in the real property. It shall include the area on, below or above the present and future streets, alleys, avenues, roads, highways, parkways or boulevards dedicated or acquired as right-of-way. The term does not include the airwaves above a right-of-way with regard to wireless telecommunications or other non-wire telecommunications or broadcast service, easements obtained by utilities or private easements in platted subdivisions or tracts.

  • Bailee Agreement means a Bailee Agreement among Seller, Buyer and Bailee in the form of Exhibit IV hereto.

  • Second Authorised Participant means GWM Limited and any successor thereto.

  • Where the Authority funds this Contract using ESF funds the Contractor shall within four (4) weeks of expiry or termination of this Contract provide evaluation information to the Authority which: a) summarises the project, focusing on how it has helped to achieve the project objectives set out in the specification; b) is concise, being no more than one A4 page in length; and c) indicates whether the objectives have been fully achieved or only partly achieved and sets out any other relevant issues in this context.

  • prescribed authority means the authorities specified in Rule 12 of Plastic Waste Management and Handling Rules, 2016, and Commissioner, Municipal Corporations, Chief Executive Officer/Executive Officer, Urban Local Bodies ;

  • Joint Powers Agreement means that certain Joint Powers Agreement dated June 27, 2017, as amended from time to time, under which Buyer is organized as a Joint Powers Authority in accordance with the Joint Powers Act.

  • Delegated Authority means any person or committee delegated with authority by the Municipality in terms of the provisions of the Municipal Finance Management Act.

  • Powers means all of the general and specific powers of the authority as provided in this chapter which shall be broadly and liberally interpreted to authorize the authority to act in accordance with the goals of the authority and in a manner consistent with the legislative findings and guiding principles.