Common use of Cape Town Convention Clause in Contracts

Cape Town Convention. 5.21.1 The Borrower is (a) a "Transactional User Entity" (as such term is defined in the Regulations for the International Registry); (b) "situated", for the purposes of the Cape Town Convention, in the United States; and (c) has the "power to dispose" (as such term is used in the Cape Town Convention) of the Equipment;

Appears in 3 contracts

Samples: Loan and Security Agreement (Aerocentury Corp), Loan and Security Agreement (Aerocentury Corp), Loan and Security Agreement (Aerocentury Corp)

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Cape Town Convention. 5.21.1 The Borrower is (a) a "Transactional User Entity" (as such term is defined in the Regulations for the International Registry); (b) "situated", for the purposes of the Cape Town Convention, in the United States; and (c) has the "power to dispose" (as such term is used in the Cape Town Convention) of the Equipment;

Appears in 2 contracts

Samples: Loan and Security Agreement (Aerocentury Corp), Loan and Security Agreement (Aerocentury Corp)

Cape Town Convention. 5.21.1 The Borrower is (a) a "Transactional User Entity" (as such term is defined in the Regulations for the International Registry); (b) "situated", for the purposes of the Cape Town Convention, in the United States; and (c) has the "power to dispose" (as such term is used in the Cape Town Convention) of the EquipmentEngines or Turboprop Engines;

Appears in 1 contract

Samples: Mortgage and Security Agreement (Willis Lease Finance Corp)

Cape Town Convention. 5.21.1 (a) The Borrower is is: (a) a "Transactional User Entity" (as such term is defined in the Regulations for of the International Registry); ) and (b) "situated", for the purposes of the Cape Town Convention, in the United States; and (c) has the "power to dispose" (as such term is used in the Cape Town Convention) of the EquipmentEngines;

Appears in 1 contract

Samples: Credit Agreement (Willis Lease Finance Corp)

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Cape Town Convention. 5.21.1 The Borrower is (a) a "Transactional User Entity" (as such term is defined in the Regulations for the International Registry); (b) "situated", for the purposes of the Cape Town Convention, in the United States; and (c) has the "power to dispose" (as such term is used in the Cape Town Convention) of the EquipmentAirframe, Engines or Turboprop Engines;

Appears in 1 contract

Samples: Credit Agreement (Willis Lease Finance Corp)

Cape Town Convention. 5.21.1 The Borrower is (a) a "Transactional User Entity" (as such term is defined in the Regulations for the International Registry); (b) "situated", ,” for the purposes of the Cape Town Convention, in the United States; and (c) has the "power to dispose" (as such term is used in the Cape Town Convention) of the EquipmentAirframe, Engines or Turboprop Engines;

Appears in 1 contract

Samples: Credit Agreement (Willis Lease Finance Corp)

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