Undelivered Aircraft definition

Undelivered Aircraft means, with respect to any Payment Date occurring on or prior to the Delivery Expiry Date, any Aircraft that has yet to be acquired by an ACS Group Member as of such Payment Date.
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Undelivered Aircraft means each Aircraft in respect of which sale by China Eastern or the relevant Seller and purchase by Airbus or by an Airbus Nominee, as the case may be, under this Agreement has not yet been completed and in respect of which no Bxxx of Sale has been signed and delivered. US Dollars and US$ shall mean the lawful currency of the United States.
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Undelivered Aircraft means any or all, as the context may require, of the Aircraft specified on Schedule 6 as “Undelivered”;
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Examples of Undelivered Aircraft in a sentence

  • Regarding Count VII, he asserts that the Complaint pleads that “Minsheng” received $5.5 million in transfers for payment on the Undelivered Aircraft, and if those aircraft were completed and resold, he would be entitled to a portion of any profits.

  • The property is in the possession, custody, or control of a noncustodial third party In Counts VII and XI, the Trustee seeks turnover of the profits from the sale of the Undelivered Aircraft and Plane 12, respectively, from “Minsheng” or Yuntian 4, Complaint ¶¶ 254, 295-96, which is sufficient to allege that the funds are in the possession, custody, or control of a third party.

  • Y3/Y4 contend that neither they nor the Minsheng entities bought the three Undelivered Aircraft, Zetta Singapore cancelled the orders for those planes a week before the petition date, and Yuntian 4 received official cancellation notices from Bombardier.

  • They highlight that the Trustee alleges “upon information and belief” that they or one of the Minsheng entities “sold” the Undelivered Aircraft andPlane 12 to a third party, and the Debtors have a right to the “profit, if any” on those sales.

  • Y3/Y4 are correct that the Complaint pleads “upon information and belief” that on completion of the Undelivered Aircraft, “Minsheng” or Yuntian 4 sold the planes to a third party for a profit (Count VII), and after the repossession of Plane 12, “Minsheng” or Yuntian 4 sold it and its contents to a third party (Count XI).

  • Y3/Y4 contend that the suggestion that Minsheng Business did not respond to inquiries regarding what happened to the $5.5 million “paid” toward the Undelivered Aircraft is irrelevant to the claim seeking recovery of any “profit” from a “sale” of the planes.

  • The information in these Brochure Supplements has not been approved or verified by the United States Securities and Exchange Commission (“SEC”) or by any state securities authority.

  • Their argument, however, is contrary to the Complaint’s allegations that: 1) the $12.4 Million Transfer to Minsheng Business was a transfer ofthe Debtors’ property and $5.55 million of which was for amounts owing on the Undelivered Aircraft, Complaint ¶ 120; and 2) because of their liquidation, the Debtors did not receive any benefit from that transfer.

  • They argue that the Opposition only confirms the speculative nature of the Trustee’s turnover claim regarding the Undelivered Aircraft, and the Trustee ignores that Zetta Singapore cancelled the Undelivered Aircraft orders, and they and Minsheng Business never received those planes.

  • They argue that the Opposition only confirms the speculative nature of the Trustee's turnover claim regarding the Undelivered Aircraft, and the Trustee ignores that Zetta Singapore cancelled the Undelivered Aircraft orders, and they and Minsheng Business never received those planes.

Related to Undelivered Aircraft

  • Unmanned aircraft means an aircraft that is not:

  • 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 the components that control the unmanned air- craft) that are required for the operator to operate safely and efficiently in the national airspace system.’’.

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

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

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

  • 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;

  • State aircraft means an aircraft, other than a commercial aircraft, owned and operated by the government of any country or the government of a colony, dependency, province, state, territory or municipality of a country;

  • 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;

  • Operation of aircraft means business of transportation by air of passengers, mail, livestock or goods carried on by the owners or lessees or charterers of aircraft, including the sale of tickets for such transportation on behalf of other enterprises, the incidental lease of aircraft and any other activity directly connected with such transportation.

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

  • Substitute Aircraft Has the meaning specified in the NPA.

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

  • Fixed wing turbine powered aircraft means an aircraft that:

  • APU means the auxiliary power unit of the Aircraft.

  • Service Switching Point (SSP) is a telephone central office switch equipped with a Signaling System 7 (SS7) interface.

  • Transit Passenger means a passenger who arrives at the airport in an aircraft and departs from the airport in the same aircraft, where such an aircraft is operating a through flight transiting the airport, and includes a passenger in transit through the airport who has to depart in a substituted aircraft because the aircraft on which the passenger arrived has been declared unserviceable.

  • 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.

  • Scheduled Airline means any civilian aircraft operated by a civilian scheduled air carrier holding a certificate, license or similar authorization for civilian scheduled air carrier transport issued by the country of the aircraft’s registry, and which in accordance therewith flies, maintains and publishes tariffs for regular passenger service between named cities at regular and specified times, on regular or chartered flights operated by such carrier.

  • Destination Point means the delivery point(s) on Carrier’s System where Product is delivered to Shipper, as such points are specified in Section III of this tariff.

  • Carrier Access Billing System (“CABS”) is the system which is defined in a document prepared under the direction of the Billing Committee of the OBF. The CABS document is published by Telcordia in Volumes 1, 1A, 2, 3, 3A, 4 and 5 as Special Reports SR-OPT-001868, SR-OPT-0011869, SR-OPT-001871, SR-OPT- 001872, SR-OPT-001873, SR-OPT-001874, and SR-OPT-001875, respectively, and contains the recommended guidelines for the billing of access and other connectivity services. Sprint’s carrier access billing system is its Carrier Access Support System (CASS). CASS mirrors the requirements of CABS.

  • Public aircraft means an aircraft used exclusively in the service of any government or of any political subdivision thereof, including the government of any state, territory, or possession of the United States, or the District of Columbia, but not including any government-owned aircraft engaged in carrying persons or property for commercial purposes.

  • Unmanned Aerial Vehicle ("UAV") (9) means any aircraft capable of initiating flight and sustaining controlled flight and navigation without any human presence on board.

  • CIP (Destinations means Carriage and Insurance Paid up to named port of destination. Additionally the Insurance (local transportation and storage) would be extended and borne by the Supplier from ware house to the consignee site for a period including 3 months beyond date of delivery.

  • INTER-CONNECTION POINT/ DELIVERY/ METERING POINT means a single point at 220kV or above, where the power from the Project(s) is injected into the identified ISTS Substation (including the dedicated transmission line connecting the Projects with the substation system) as specified in the RfS document. Metering shall be done at this interconnection point where the power is injected into. For interconnection with grid and metering, the WPDs shall abide by the relevant CERC/ SERC Regulations, Grid Code and Central Electricity Authority (Installation and Operation of Meters) Regulations, 2006 as amended and revised from time to time.

  • Service Equipment means any equipment, Software, systems, cabling and facilities provided by or on behalf of Verizon and used to facilitate provision of the Services at a Customer Site. Ownership of the Service Equipment does not pass to Customer. Service Equipment does not include Verizon Facilities.