We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Prefunded Aircraft definition

Prefunded Aircraft has the meaning set forth in the recitals hereof.
Prefunded Aircraft. Means the six Aircraft which are expected to be sold to the Owner Trustee during the period from October 1997 to May 1998.
Prefunded Aircraft means each New Aircraft (or any Substitute Aircraft financed in lieu of an Eligible Aircraft pursuant to Section 1(h) of the Note Purchase Agreement) and, collectively, the New Aircraft (and, if applicable, the Substitute Aircraft financed in lieu of Eligible Aircraft pursuant to Section 1(h) of the Note Purchase Agreement, if any); provided that, to the extent any Substitute Aircraft is financed in lieu of an Eligible Aircraft pursuant to Section 1(h) of the Note Purchase Agreement, the number of the New Aircraft shall be reduced by the aggregate number of the Substitute Aircraft so financed.

Examples of Prefunded Aircraft in a sentence

  • The provisions of this Section 3.02(b) supersede and replace the provisions of Section 2.02 of the Basic Agreement with respect to the Equipment Notes relating to the Prefunded Aircraft to be acquired by the Applicable Trust, and all provisions of the Basic Agreement relating to Postponed Notes and Section 2.02 of the Basic Agreement shall not apply to the Equipment Notes related to the Prefunded Aircraft to be acquired by the Applicable Trust.

  • The remaining proceeds of the Applicable Certificates in the amount of $228,503,639 shall be used to acquire on the date hereof the Equipment Notes described in Schedule II-B relating to all Aircraft other than Prefunded Aircraft.

  • If, on the Funding Date for any Prefunded Aircraft, the financing of such Prefunded Aircraft as contemplated hereunder shall not be consummated for whatever reason, the Company shall give the parties hereto and the Depositary prompt notice thereof.

  • The Company shall have no liability for the failure of any Pass Through Trustee to purchase Equipment Notes with respect to any Prefunded Aircraft.

  • The remaining proceeds of the Applicable Certificates in the amount of $562,029,430 shall be used to acquire on the date hereof the Equipment Notes described in Schedule I-B relating to all Aircraft other than Prefunded Aircraft.

  • The remaining proceeds of the Applicable Certificates in the amount of $236,675,404 shall be used to acquire on the date hereof the Equipment Notes described in Schedule I-B relating to all Aircraft other than Prefunded Aircraft.

  • The remaining proceeds of the Applicable Certificates in the amount of $125,162,577 shall be used to acquire on the date hereof the Equipment Notes described in Schedule I-B relating to all Aircraft other than Prefunded Aircraft.

  • The remaining proceeds of the Applicable Certificates in the amount of $189,181,874 shall be used to acquire on the date hereof the Equipment Notes described in Schedule I-B relating to all Aircraft other than Prefunded Aircraft.

  • The Company agrees that all Equipment Notes issued pursuant to any Indenture to which a Prefunded Aircraft shall have been subjected shall initially be registered in the name of the Subordination Agent on behalf of the applicable Pass Through Trustee.

  • The Company agrees to finance the Prefunded Aircraft in the manner provided herein, all on and subject to the terms and conditions hereof and of the applicable Financing Agreements.


More Definitions of Prefunded Aircraft

Prefunded Aircraft has the meaning assigned to such term in the Note Purchase Agreement.

Related to Prefunded Aircraft

  • 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;

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

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

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

  • New Aircraft Has the meaning specified in the NPA.

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

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

  • Unmanned aircraft system means an unmanned aircraft and associated elements, including communication links and components that control the unmanned aircraft that are required for the pilot in command to operate safely and efficiently in the national airspace system.

  • Repair facility Means any licensed automotive REPAIR FACILITY capable of performing repair services to a COVERED PART, approved by the ADMINISTRATOR, and at which YOU seek to acquire service under this CONTRACT.

  • Facility Production Limit means the production limit placed on the main product(s) or raw materials used by the Facility that represents the design capacity of the Facility and assists in the definition of the operations approved by the Director.

  • 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;

  • 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.

  • Completion Accounts means the consolidated balance sheet of the Group as at the Completion Date to be prepared in accordance with Schedule 8 (Completion Accounts);

  • Alternative fuel vehicle means a vehicle designed to be capable of running on at least one type of fuel that is either gaseous at atmospheric temperature and pressure, or substantially non-mineral oil derived.

  • Dry cleaning facility means a facility engaged in the cleaning of fabrics in an essentially nonaqueous solvent by means of one or more washes in solvent, extraction of excess solvent by spinning, and drying by tumbling in an airstream. The facility includes, but is not limited to, any washer, dryer, filter, and purification systems, waste disposal systems, holding tanks, pumps, and attendant piping and valves.

  • Double check valve assembly means an assembly composed of two single, independently acting, check valves including tightly closing shutoff valves located at each end of the assembly and suitable connections for testing the water tightness of each check valve.

  • Minimum Credit Enhancement Test With respect to any Payment Date, a test that will be satisfied if the Subordinate Percentage is greater than or equal to 6.00%.

  • Class-Il Local Supplier means a supplier or service provider, whose goods, services or works offered for procurement, meets the minimum local content as prescribed for” Class-II local supplier” but less than that prescribed for “Class-I local supplier” under this order.

  • Commercial aircraft means any civil aircraft used in flight activity for compensation or for hire.

  • Loss Proceeds Account has the meaning set forth in Section 3.3(a).

  • Civil aircraft means any aircraft other than a public aircraft.

  • Class-I local supplier means a supplier or service provider, whose goods, services or works offered for procurement, has local content equal to or more than 50%, as defined under said Order.

  • Substitute Aircraft Has the meaning specified in the NPA.

  • Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.

  • First draw sample means a one−liter sample of tap water that has been standing in plumbing pipes at least 6 hours and is collected without flushing the tap.

  • Test Facility means any WRAS suitably accredited test laboratory;