Common use of Stipulated Aircraft Value Clause in Contracts

Stipulated Aircraft Value. The Stipulated Aircraft Value with respect to any Financed Aircraft as set forth in any lease Contract related to a Receivable at any time is equal to or greater than the Outstanding Balance of such Receivable at such time assuming all current payments are made.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Raytheon Co/), Purchase and Sale Agreement (Raytheon Co/), Purchase and Sale Agreement (Raytheon Co/)

AutoNDA by SimpleDocs

Stipulated Aircraft Value. The Stipulated Aircraft ------------------------- Value with respect to any Financed Aircraft as set forth in any lease Contract related to a Receivable at any time is equal to or greater than the Outstanding Balance of such Receivable at such time assuming all current payments are made.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Raytheon Co/)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.