Rotor Blade definition

Rotor Blade means, with respect to any Airframe, each of the rotor blades associated with the related Aircraft, which may from time to time be installed on the relevant Airframe and to which the Company Group Member that owns such Airframe has title, or after removal therefrom, so long as title thereto shall remain vested in the related Company Group Member, or any rotor blade that may be supplied as a substitute in accordance with the relevant Aircraft Lease, together with any and all Rotor Components and Parts.
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Rotor Blade means any rotor blade now or hereafter owned by Grantor.
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Rotor Blade means, with respect to any Airframe, each of the rotor blades associated with the related Aircraft, which may from time to time be installed on the relevant Airframe and to which the Transferred Entity that owns such Airframe has title, or after removal therefrom, so long as title thereto shall remain vested in the related Transferred Entity, or any rotor blade that may be supplied as a substitute in accordance with the relevant Aircraft Lease, together with any and all Rotor Components and Parts.
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Examples of Rotor Blade in a sentence

  • Grantor is not authorized to, and agrees that it will not purport to, pledge the credit of Collateral Agent or any Secured Party for any maintenance, service, repairs, or overhauls of, modifications to, or changes or alterations in, any Airframe, any Engine, any Rotor, any Rotor Blade, or any Part, or for any other purpose whatsoever.

  • Grantor is not authorized to, and agrees that it will not purport to, pledge the credit of Agent, any Lender, or any Bank Product Provider for any maintenance, service, repairs, or overhauls of, modifications to, or changes or alterations in, any Airframe, any Engine, any Rotor, any Rotor Blade, or any Part, or for any other purpose whatsoever.


More Definitions of Rotor Blade

Rotor Blade means, with respect to any Aircraft, (i) each of the rotor blades described and listed by manufacturer’s serial numbers in the Loan Document covering such Aircraft and originally installed on its Airframe, whether or not thereafter installed on such Airframe or any other airframe from time to time; (ii) any rotor blade that may from time to time be substituted, pursuant to the applicable terms of the Loan Document and any manufacturer or supplier program, for such Rotor Blade; and (iii) in each case set forth in clauses (i) and (ii) hereof, with any and all Rotor Components and Parts incorporated in or installed on or attached to such Rotor Blade or rotor blade or, so long as title thereto shall remain vested in Borrower, any and all Rotor Components and Parts removed therefrom. The term “Rotor Blades” means, as of any date of determination, all Rotor Blades covered by the Loan Documents with respect to an Aircraft but in no event more or less than the number required for operation of such Aircraft at any one time.
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Related to Rotor Blade

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