Spare Parts Location definition

Spare Parts Location has the meaning specified in the Aircraft Mortgage.
Spare Parts Location means any of the locations described in the initial Security Agreement Supplement, and any subsequent Security Agreement Supplement at which Pledged Spare Parts are held by or on behalf of the Loan Parties.
Spare Parts Location means the location of any Spare Part which is identified on Schedule 4(b) as a Spare Parts Location, as amended or otherwise supplemented from time to time by any Credit Party pursuant to the terms of this Security Agreement.

Examples of Spare Parts Location in a sentence

  • Set forth on Disclosure Schedule 3.26, is a true, correct and complete list of each Designated Spare Parts Location as of the Closing Date.

  • Each Debtor shall ensure that at all times at least 80% of the Debtors’ book value of all the Spare Parts owned by the Debtors are kept at a Spare Parts Location.

  • If and whenever the Debtors shall wish to add another Spare Parts Location, the Debtors will furnish to Collateral Agent (i) a supplement to this Agreement and the Guarantee and Collateral Agreement substantially in the form of Exhibit J to this Agreement, and (ii) a filing memo of FAA counsel, dated the date of execution of said supplements stating the supplement to this Agreement has been duly filed for recording with the FAA.

  • The Grantors shall ensure that each Spare Parts Location is a secure facility, adequate for warehousing and storing the Pledged Spare Parts and is at all times covered by property, casualty and premises liability coverage reasonably acceptable and evidenced to the Collateral Agent.

  • Any financing statement or FAA filing or registration filed by the Agent may contain a general description of the collateral covered thereby, as permitted by the UCC and/or the FAA Act, which states that the security interest attaches to all personal property or to all assets, and, in the case of an FAA filing, all Spare Parts located at a specified Spare Parts Location, of the debtor.

  • This FAA Spare Parts Location Mortgage shall be construed in every way in accordance to the terms of the PSA and as a part thereof, and the PSA is hereby incorporated by reference herein and is hereby ratified, approved and confirmed.

  • Exhibit A to Annex 6 [FORM OF MORTGAGE LOCATION SUPPLEMENT] THIS FAA SPARE PARTS LOCATION MORTGAGE, dated [●] (herein, this “FAA Spare Parts Location Mortgage”) made by [NAME(S) OF GRANTOR(S)], [a] [●] (together with its permitted successors and assigns, the “Grantor”), in favor of THE BANK OF NEW YORK MELLON, as the Collateral Agent (together with its successors and assigns, the “Collateral Agent”) for the benefit of the Secured Parties.

  • Schedule 4(b) hereto identifies specifically the Spare Parts Location of all Spare Parts.

  • A medical clearance certificate will be requested, with information regarding whether the discharge is infectious and if the child is fit to attend the Children’s Centre.

  • Set forth on DISCLOSURE SCHEDULE 3.26 is a true, correct and complete list of each Designated Spare Parts Location where Pledged Spare Parts may be located from time to time except to the extent otherwise permitted in the Spare Parts Mortgages.


More Definitions of Spare Parts Location

Spare Parts Location. (as defined in this Security Agreement) in all respects and for all purposes and (y) Schedule 4(b) to this Security Agreement shall be (and shall be deemed to be) amended and supplemented in all respects to include such Non-Designated Location as a Spare Parts Location thereunder, all without further action of any other Person. Such Credit Party shall, in addition to executing and delivering any agreement, instrument or document and taking such other action required under or requested by the Agent in accordance with this Security Agreement, execute and deliver to the Agent, in each case in form and substance reasonably satisfactory to the Agent, (1) a supplement so as to provide, upon the filing of such supplement with the FAA, the Agent with a first priority perfected Lien in and to any Spare Parts kept at any such Spare Parts Location (each such supplement, a "Supplement") and (2) any other agreement, instrument or document evidencing any amendment or supplement to Schedule 4(b), including, but not limited to, as required by Section 5(g) hereto, in respect of (i) the report provided pursuant to Section 7.2, or (ii) any Additional Spare Parts Location Notice.
Spare Parts Location means any location in the Continental United States designated by the Agent in any filing with the FAA for the purposes of perfecting the Agent's security interest in Spare Parts.
Spare Parts Location has the meaning specified in the Spare Parts Mortgage.

Related to Spare Parts Location

  • Spare Parts has the meaning assigned to such term in the Pledge and Security Agreement.

  • Project Location means the points or areas designated as such on Exhibit A and located on the ground by reference to points, stations, natural land features, improvements, or area boundary signs. STATE means the Oregon Department of Forestry, State Forester, or a duly Authorized Representative of the State Forester.

  • Service Location means a location at which a member obtains a covered service provided by a physician or other licensed practitioner of the healing arts under the terms of a contract.

  • SITE / LOCATION means any Site where BHARAT PETROLEUM CORPORATION LTD. desires to receive materials any where in India as mentioned in RFQ.

  • Co-location means the use of an existing tower or structure to support antennae for the provision of wireless services. A replacement tower that is constructed on the same site as an existing tower will be considered a co-location as long as the new tower is no taller than the old tower and that the old tower is removed in a reasonable short time frame after the new tower is constructed.

  • END USER CUSTOMER LOCATION means the physical location of the premises where an End User makes use of the telecommunications services.

  • Business location means a location where the firm carries out an activity that requires registration, and includes a residence if regular and ongoing activity that requires registration is carried out from the residence or if records relating to an activity that requires registration are kept at the residence;

  • Approved Location means (a) a storage terminal or facility located in the United States or Canada owned by the Borrower or a Subsidiary; or (b) other storage location located in the United States or Canada identified by the Borrower by notice to the Administrative Agent for which, if requested by the Administrative Agent, the Borrower has used commercially reasonable efforts to cause the owner, operator or landlord thereof to execute and deliver, a waiver of lien, subordination agreement or similar agreement in form and substance reasonably acceptable to the Administrative Agent with respect to any inventories of Petroleum Products stored at such terminal or facility.

  • Off-Site Location means any real property other than the Real Property.

  • Delivery Location means the Supplier's premises or other location where the Services are to be supplied, as set out in the Order;

  • Spares means a part or a sub-assembly or assembly for substitution which is ready to replace an identical or similar part or sub-assembly or assembly including a component or an accessory;

  • Retail location means a facility listed under NFPA 1124, 7.1.2.

  • Service Locations means those locations set forth on Exhibit B.

  • Standard equipment means the basic configuration of a vehicle which is equipped with all the features that are required under the regulatory acts of the Contracting Party including all features that are fitted without giving rise to any further specifications on configuration or equipment level.

  • Work Locations means any real estate that Windstream owns, leases or licenses or in which it holds easements or other rights to use, or does use, in connection with this Agreement.

  • Installation Site means the site at which the Product is originally installed.

  • Supplier Equipment means the Supplier's hardware, computer and telecoms devices, equipment, plant, materials and such other items supplied and used by the Supplier (but not hired, leased or loaned from the Customer) in the performance of its obligations under this Call Off Contract;