Lighter Than Air definition

Lighter Than Air means Lighter Than Air Systems Corp., a Florida corporation and wholly-owned Subsidiary of Sky Sovereign, Inc., a Nevada corporation.
Lighter Than Air aircraft means any aircraft supported chiefly by its buoyancy in the air;
Lighter Than Air aircraft means any aircraft supported chiefly by its

Examples of Lighter Than Air in a sentence

  • On May 5, 2014, the Company entered into a share exchange agreement (the “LTAS Share Exchange Agreement”) with Lighter Than Air Systems Corp (“LTAS”) and the sole shareholder of LTAS pursuant to which all of the outstanding capital of LTAS was transferred to the Company in exchange for shares of the Company’s common stock, causing LTAS to become a wholly owned subsidiary of the Company.

  • In addition, until such time as Lighter Than Air has provided the Investor with a security interest in its assets, the aggregate fair market value of all assets of Lighter Than Air shall not exceed $5,000,000.

  • To the extent that at any time after the date hereof Lighter Than Air is no longer subject to the Lighter Than Air Restriction, immediately upon such occurrence, the Company shall (a) notify the Investor such restriction no longer exists; and (b) cause Lighter Than Air to xxxxx x xxxx on substantially all of its assets in favor of the Investor to secure its obligations under the Guaranty and the obligations of the Company under the Transaction Documents.

Related to Lighter Than Air

  • Outer clothing means clothing that is not worn next to the skin or immediately over a garment that is being worn as underwear but ‘outer clothing’ includes hats; shoes; boots; gloves and scarves.

  • Firefighter means any regular, paid or volunteer, member of a lawfully constituted fire department of a municipal corporation, township, fire district, or village.

  • Plumbing contractor means a licensed master plumber or a person who employs a licensed master plumber full-time to directly supervise the installation of plumbing as his or her representative engaged in the business of plumbing for a fixed sum, price, fee percentage, valuable consideration, or other compensation and who is licensed as a plumbing contractor.

  • Transit Passenger means a passenger who arrives at the airport in an aircraft and departs from the airport in the same aircraft, where such an aircraft is operating a through flight transiting the airport, and includes a passenger in transit through the airport who has to depart in a substituted aircraft because the aircraft on which the passenger arrived has been declared unserviceable.

  • Tank means an enclosed space which is formed by the permanent structure of a ship and which is designed for the carriage of liquid in bulk.

  • Electrical cleaner means a product labeled to remove heavy soils such as grease, grime, or oil from electrical equipment, including, but not limited to, electric motors, armatures, relays, electric panels, or generators. Electrical Cleaner does not include “General Purpose Cleaner,” “General Purpose Degreaser,” “Dusting Aid,” “Electronic Cleaner,” “Energized Electrical Cleaner,” “Pressurized Gas Duster,” “Engine Degreaser,” “Anti-Static Product,” or products designed to clean the casings or housings of electrical equipment.

  • Generator means a device that produces electricity.

  • Areas susceptible to mass movement means those areas of influence, characterized as having an active or substantial possibility of mass movement, where the movement of earth material at, beneath, or adjacent to the landfill unit, because of natural or human-induced events, results in the downslope transport of soil and rock material by means of gravitational influence. Areas of mass movement include landslides, avalanches, debris slides and flows, soil fluction, block sliding, and rock falls.

  • Excavate or "excavation" means ditching, dredging, or mechanized removal of earth, soil or rock.

  • Customer-generator means a user of a net metering system.

  • Weathertight means that in any sea conditions water will not penetrate into the ship.

  • Volunteer firefighter means a firefighter whose position normally requires less than 600

  • Apprentice electrician means an individual other than an electrical contractor, master electrician, or electrical journeyman, who is engaged in learning about and assisting in the installation or alteration of electrical wiring and equipment under the direct personal supervision of an electrical journeyman or master electrician.

  • Carpet and upholstery cleaner means a cleaning product designed for the purpose of eliminating dirt and stains on rugs, carpeting, and the interior of motor vehicles and/or on household furniture or objects upholstered or covered with fabrics such as wool, cotton, nylon or other synthetic fabrics. “Carpet and Upholstery Cleaner” includes, but is not limited to, products that make fabric protectant claims. “Carpet and Upholstery Cleaner” does not include “General Purpose Cleaners”, “Spot Removers”, vinyl or leather cleaners, dry cleaning fluids, or products designed exclusively for use at industrial facilities engaged in furniture or carpet manufacturing.

  • mobile plant means any machinery, appliance or other similar device that is able to move independently, and Is used for the purpose of performing construction work on a construction site;

  • Boiler means an enclosed fossil or other fuel-fired combustion device used to produce heat and to transfer heat to recirculating water, steam, or other medium.

  • manoeuvring area means that part of an aerodrome to be used for the take-off, landing and taxiing of aircraft, excluding aprons;

  • kV means kilovolt of electric potential.

  • Structural damage means a covered building, regardless of the date of its construction, has experienced the following.

  • Pile means any non-containerized accumulation of solid, nonflowing hazardous waste that is used for treatment or storage and that is not a containment building.

  • Slow sand filtration means a process involving passage of raw water through a bed of sand at low velocity (generally less than 0.4 meters per hour) resulting in substantial particulate removal by physical and biological mechanisms.

  • Combined sewer overflow means the discharge of untreated or

  • Fire fighter means any person employed by the state or any political subdivision as a member or officer of a fire depart- ment or a member of a volunteer department, including the state fire marshal and deputies.

  • Emergency generator means any generator of which the sole function is to provide emergency backup power during an interruption of electrical power from the electric utility. An emergency generator does not include:

  • Junk means old or scrap copper, brass, rope, rags, batteries, paper, trash, rubber debris, waste, or junked, dismantled or wrecked automobiles, or parts of automobiles, iron, steel and other old or scrap ferrous or nonferrous material.

  • Ambient air means that portion of the atmosphere, external to buildings, to which the general public has access.