Pledged Aircraft definition

Pledged Aircraft means, as of any date, the Eligible Aircraft included in the Collateral as of such date.
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Pledged Aircraft means, collectively, the Pledged Aircraft and Aircraft-Related Collateral as each such term is defined in the applicable Aircraft Security Agreement (as amended, supplemented, restated or otherwise modified from time to time).
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Examples of Pledged Aircraft in a sentence

  • Any insurance proceeds will form part of the Pledged Aircraft and must be applied by Pledgee to the payment of the Exit Debt Financing Secured Obligations.

  • In accordance with the provisions of Article 356 of the Act, and to the extent that a Default or Event of Default has not occurred, Pledgors will have the right to use and operate the Pledged Aircraft in the ordinary course of business, depending on their nature and to the extent and manner permitted under the Exit Debt Financing Agreement and Documents.

  • For purposes of clarity, the Parties in this act agree and acknowledge that the constitution of the Security Interest on all and any Future Pledged Aircraft will be subject to the condition precedent that the corresponding SCT Authorization is obtained in each case.

  • In accordance with the provisions of Article 360 of the Act, Pledgors will maintain or cause to be maintained an insurance with respect to all Pledged Aircraft in accordance with the provisions of the Exit Det Financing Documents; provided, however, that all insurance policies regarding the Pledged Aircraft must be duly issued in favor of Pledgee as beneficiary of any compensation, as loss payee and/or additional insured, as applicable.

  • The Parties to this act agree that the Pledged Aircraft must be located in the place where it is necessary and/or convenient for Pledgors to carry out their respective activities in the ordinary course of their business.

  • Pledgors shall be liable for any claim, action, obligation, loss, damage, liability, costs and expenses, including taxes, arising from or in connection with the Pledged Aircraft.

  • Confidential Treatment Requested Pursuant to 17 C.F.R. Section 200.83 Annex “A” to Indenture Non-Dispossessory Pledge Agreement over Aircraft Corporate Documents of Pledgors [Omitted] Confidential Treatment Requested Pursuant to 17 C.F.R. Section 200.83 Annex “B” to Indenture Non-Dispossessory Pledge Agreement over Aircraft Existing Pledged Aircraft.


More Definitions of Pledged Aircraft

Pledged Aircraft means, as of any date, the Aircraft included in the DIP Collateralas of such date.
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Pledged Aircraft means each Aircraft in which the Security Agreement creates, or purports to create, a security interest.
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Pledged Aircraft means those aircraft frames and aircraft equipment in which a security interest has been granted by the Borrower or any Loan Party to the Administrative Agent for the benefit of the Secured Parties pursuant to an Aircraft Security Agreement.
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Pledged Aircraft has the meaning given to the term “Aircraft” in the C Mortgage; provided that, in order for such “Aircraft” to be a “Pledged Aircraft”, it must be of a Qualified Aircraft Type.
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Pledged Aircraft. (i) as of the Issue Date and at any time prior to the Applicable Post-Closing Aircraft Liens Perfection Date, means those airframes and associated engines described as the initial Pledged Aircraft in the Offering Memorandum, subject only to Aircraft Substitutions, and (ii) at any date of determination thereafter shall have the meaning(s) given to such term(s) in the aircraft security agreements or supplements thereto that constitute Security Documents as of such date.
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Pledged Aircraft means, as of any date, the Section 1110 Eligible Aircraft included in the Collateral as of such date.
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Related to Pledged Aircraft

  • Pledged Assets With respect to any Mortgage Loan, all money, securities, security entitlements, accounts, general intangibles, payment intangibles, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description pledged by Combined Collateral LLC as security in respect of any Realized Losses in connection with such Mortgage Loan up to the Pledged Amount for such Mortgage Loan, and any related collateral, or such other collateral as may be set forth in the Series Supplement.

  • Owned Aircraft Has the meaning specified in the third recital to this Trust Supplement.

  • Unmanned aircraft means any aircraft operating or designed to operate autonomously or to be piloted remotely without a pilot on board;

  • Leased Aircraft Has the meaning specified in the third recital to this Trust Supplement.

  • Aircraft means any machine that can derive support in the atmosphere from the reactions of the air other than the reactions of the air against the earth’s surface;

  • Pledged Accounts means all of each Grantor’s right, title and interest in all of its Deposit Accounts, Commodity Accounts and Securities Accounts (in all cases, including, without limitation, all Controlled Accounts and Foreign Currency Control Accounts).

  • New Aircraft Has the meaning specified in the Note Purchase Agreement.

  • large aircraft means an aircraft, classified as an aeroplane with a maximum take-off mass of more than 5 700 kg, or a multi-engined helicopter;

  • Pledged Notes all promissory notes listed on Schedule 2, all Intercompany Notes at any time issued to any Grantor and all other promissory notes issued to or held by any Grantor (other than promissory notes issued in connection with extensions of trade credit by any Grantor in the ordinary course of business).

  • Airframe means the Aircraft excluding the Propulsion Systems.

  • Pledged LLC Interests means all right, title and interest of any Grantor as a member of any LLC and all right, title and interest of any Grantor in, to and under any LLC Agreement to which it is a party.

  • Pledged Interests shall have the meaning ascribed to such term in Section 4(j).

  • Pledged Equity has the meaning specified in the Security Agreement.

  • Pledged Equity Interests means all Pledged Stock, Pledged LLC Interests, Pledged Partnership Interests and Pledged Trust Interests.