Replacement Aircraft definition

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

Replacement Aircraft means any Aircraft of which a Replacement Airframe is part.

Replacement Aircraft as used herein means an aircraft of similar or smaller size and weight used as a temporary replacement for an Aircraft covered by this policy. Replacement Aircraft shall be suited to uses similar to those of the damaged Aircraft.

Examples of Replacement Aircraft in a sentence

• Lessee shall reimburse the Lessor and the Owner Participant for all reasonable out-of-pocket costs (including reasonable attorneys' fees) incurred by them in connection with any substitution of a Replacement Aircraft pursuant to this Section 8.

• The Client’s rights under this Subsection IV(L) shall expire in the event that the Client does not enter into a new agreement for a Replacement Aircraft within twelve (12) months from the date of the termination of this Agreement pursuant to either Subsection IV(E) or (G), as applicable.

• If an Aircraft shown in Item 5 of the Declarations sustains Physical Damage to which this Policy applies, the Company agrees to reimburse you for Extra Expense associated with obtaining a Replacement Aircraft for use while the damaged Aircraft is being repaired.

• In the event of an Event of Loss, during the period between the occurrence of the Event of Loss and the date of payment pursuant to Section 10.1.3 or replacement, the obligation of Lessee to pay Basic Rent or Renewal Rent shall continue unchanged, except that upon such replacement, it shall become an obligation to pay such Rent in respect of the Replacement Aircraft.

• Aircraft: Has the meaning specified in the recitals to this Trust Supplement and any Replacement Aircraft (as defined in the applicable Indenture) in replacement thereof in accordance with the applicable Indenture.

More Definitions of Replacement Aircraft

Replacement Aircraft means any aircraft substituted for the Aircraft pursuant to Section 10.01.

Replacement Aircraft shall have the meaning ascribed to such term in Article 10 hereof. “Replacement Flight” shall have the meaning ascribed to such term in Article 10 hereof. Where the context permits, the use of the singular herein shall include the plural and vice versa, and the use of the masculine personal pronoun shall include both genders. Unless otherwise provided, the term “or” is not exclusive and “include”, “including” and “in particular” are not limiting.

Replacement Aircraft means any aircraft substituted for the Aircraft pursuant to Section 10.01 of the Mortgage.

Replacement Aircraft has the meaning set forth in Section 2.18(b).

Replacement Aircraft that certain aircraft to be acquired with the proceeds of the Replacement Aircraft Indebtedness.

Replacement Aircraft shall have the meaning ascribed to it in the Aircraft Mortgage.

Replacement Aircraft shall have the meaning set forth in Article 12.1.