Portfolio Aircraft definition

Portfolio Aircraft means, as of any date, each Eligible Aircraft owned by an Aircraft Owning Entity and as to which each of the conditions set forth in Sections 4.01 and 4.02, as applicable, have been satisfied or waived in accordance with the terms of this Agreement.
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Portfolio Aircraft has the meaning as defined in the Facility Agreement, as each is described on Schedule 7 hereto, as the same may be amended, supplemented, replaced or otherwise modified from time to time.
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Portfolio Aircraft means, together, the Aircraft and the Other Aircraft.
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Examples of Portfolio Aircraft in a sentence

  • Each of the parties hereto are committed and obligated, subject to the terms and conditions set forth herein, to effect the financing of the Portfolio Aircraft as set forth herein.

  • In the case of each Grantor, such Grantor shall maintain with respect to the Collateral owned or held by it the security interests created by this Agreement as perfected security interests having at least the priorities described in Section 4.02 and 4.03 (provided that, with respect to any Portfolio Aircraft or any Lease, only the Perfection Requirements are required to be satisfied) and shall defend such security interests against the claims and demands of all Persons whomsoever.

  • The Borrower shall provide the Administrative Agent within the period of sixty (60) days preceding each Appraisal Update Date (but, in no event later than two (2) Business Days preceding each Appraisal Update Date), with three (3) CMV Appraisals and three (3) BV Appraisals of each Portfolio Aircraft.

  • The parties hereto irrevocably and unconditionally agree that the Security Trustee is the sole person to whom the proceeds payable under the Group Contingency Insurances in respect of a total loss of a Portfolio Aircraft shall be payable.

  • The Borrower shall further confirm that no ICR Event has occurred only to the extent the Interest Coverage Ratio is applicable on such Release Date or such date a Non-Portfolio Aircraft is to become a Portfolio Aircraft.

  • Xxxxxxx, General Counsel If to ASC, to: c/o GE Energy Financial Services GE EFS Portfolio Aircraft Services Corporation 000 Xxxx Xxxxx Xxxx Xxxxxxxx, XX 00000 Fax: (000) 000-0000 Attn: General Counsel with a copy to (which shall not constitute notice): Bracewell & Xxxxxxxx LLP 000 Xxxxxxxxx Xxxxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Fax: (000) 000-0000 Attn: G.

  • This reduction relation can be proved strongly normalizing and confluent (in a manner similar to Morrisett [18]) from which it follows that constructor equivalence is decidable.

  • This Agreement sets forth the common terms of a term loan facility (the "Facility") pursuant to which certain secured senior loans are to be made and notes issued to finance or refinance in part the purchase price for the Portfolio Aircraft (such term, and other capitalized terms used herein, have the meanings defined below) and sets forth the terms and conditions for effecting such financing.

  • Xxxx Xxxxx Xxxxxxx Xxxxxxx If to ASC, to: c/o GE Energy Financial Services GE EFS Portfolio Aircraft Services Corporation 000 Xxxx Xxxxx Xxxx Xxxxxxxx, XX 00000 Fax: (000) 000-0000 Attn: General Counsel With a copy to (which shall not constitute notice): Bracewell & Xxxxxxxx LLP 000 Xxxxxxxxx Xxxxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Fax: (000) 000-0000 Attn: G.

  • Reasons for recommendation: The application was satisfactory in that the design of the proposed extension accorded with the principles of National Planning Policy (Planning Policy Statement 1) and Local Policy requirement (Policy E1, and E38 of the Councils Local Plan).

Related to Portfolio Aircraft

  • Eligible Aircraft has the meaning set forth in the second recital to the Note Purchase Agreement.

  • 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;

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

  • Replacement Aircraft means the Aircraft of which a Replacement Airframe is part.

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

  • Substitute Aircraft Has the meaning specified in the NPA.

  • aircraft engines means aircraft engines (other than those used in military, customs or police services) powered by jet propulsion or turbine or piston technology and:

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

  • Portfolio Asset means an asset of an investment fund;

  • Fleet means one or more commercial vehicles.

  • aircraft type means all aircraft of the same basic design including all modifications thereto except those modifications which result in a change in handling or flight characteristics;

  • Replacement Airframe means an Airbus A321 aircraft or a comparable or improved model of Manufacturer (except (a) Engines or engines from time to time installed thereon and any and all Parts related to such Engine or engines and (b) Excluded Equipment), that shall have been made subject to the Lien of the Indenture pursuant to Section 7.05 thereof, together with all Parts relating to such aircraft.

  • Portfolio Assets means the portion of the net assets of the Fund managed by the Sub-Adviser pursuant to the following investment strategy as agreed to by the Adviser and the Sub-Adviser in a separately negotiated investment mandate: Emerging Markets (each a “Strategy”).

  • aircraft operator means a person that operated at least 729 commercial air transport flights departing from Union airports in the reporting period or, where that person may not be identified, the owner of the aircraft;

  • Special purpose equipment means equipment which is used only for research, medical, scientific, or other technical activities. Examples of special purpose equipment include microscopes, x-ray machines, surgical instruments, and spectrometers.