Aircraft Asset definition

Aircraft Asset has the meaning assigned to such term in the Servicing Agreement.
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Aircraft Asset means an aircraft, airframe or aircraft engine (including any related parts).
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Aircraft Asset means an aircraft, airframe or aircraft engine (including any related part).
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Examples of Aircraft Asset in a sentence

  • Aircraft Asset Values...............................................................................................

  • Liability insurance shall be maintained for each non-passenger Aircraft Asset and occurrence in an amount not less than 75% of the amounts set forth on Schedule 2.

  • The Lenders hereby consent to the release by the Collateral Agent of liens of record filed with the FAA or other liens which the Collateral Agent may acquire on any Acquired 1110 Asset or Acquired Aircraft Asset in connection with any Permitted Aircraft Financing, as the case may be, permitted by the Credit Agreement as amended by this Amendment.

  • The Servicer shall take commercially reasonable action to deliver any Aircraft Asset pursuant to the terms of the documentation of the Lease or Leases of such Aircraft Asset, including upon an extension of such Leases.

  • Aminu Abubakar, “Boko Haram takes over another Nigeria town,” AFP, August 21, 2012, accessed August 22, 2012, https://news.yahoo.com/boko-haram-takes-over-another-nigeria-town-witnesses-142352168.html [225].

  • During such term, this Agreement shall not be terminable by any party with respect to any Aircraft Asset except as expressly provided in this Article 7.

  • Aircraft Asset Services........................................4 SECTION 2.03.

  • Such descriptions are beyond the state of the science and the practice.While complex models including many of these processes have been developed for specific projects, they typically contain multiple parameters that require field calibration and are of limited scope and usefulness for general design purposes.

  • Except as set forth on Schedule 4.01 or as disclosed in the Offering Memorandum, each Person listed within AerCo Group as an owner of the Aircraft Asset on Schedule 4.01 has good and marketable title to such Aircraft Asset, free and clear of all liens other than Permitted Encumbrances.

  • Materials And MethodsThe present study was carried out in Alejelat region.


More Definitions of Aircraft Asset

Aircraft Asset means an aircraft, together with any store of spare parts therefor, or an engine, together with any store of spare parts therefor,
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Aircraft Asset any airframe or engine owned by the Borrower or any of its Subsidiaries.
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Related to Aircraft Asset

  • 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;

  • aircraft engines means aircraft engines (other than those used in military, customs or police services) powered by jet propulsion or turbine or piston technology and:

  • Unmanned aircraft means any aircraft operating or designed to operate autonomously or to be piloted remotely without a pilot on board;

  • aircraft type means all aircraft of the same basic design including all modifications thereto except those modifications which result in a change in handling or flight characteristics;

  • 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.’’.

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

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

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

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

  • 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;

  • Aircraft Mortgage means that “Aircraft Mortgage” as defined in Section 4.01(e), as the same may be amended, restated, modified, supplemented, extended or amended and restated from time to time.

  • aircraft operator means a person that operated at least 729 commercial air transport flights departing from Union airports in the reporting period or, where that person may not be identified, the owner of the aircraft;

  • Airframe means the fuselage, booms, nacelles, cowlings, fairings, airfoil surfaces including rotors (but excluding propellers and rotating airfoils of a powerplant) and landing gear of an aircraft and their accessories and controls;

  • aircraft objects means airframes, aircraft engines and helicopters;

  • 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.

  • Substitute Aircraft Has the meaning specified in the NPA.

  • Special purpose equipment means equipment which is used only for research, medical, scientific, or other technical activities. Examples of special purpose equipment include microscopes, x-ray machines, surgical instruments, and spectrometers.

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

  • Aircraft Documents means all technical data, manuals and log books, and all inspection, modification and overhaul records and other service, repair, maintenance and technical records that are required by the FAA (or the relevant Aviation Authority), to be maintained with respect to the Aircraft, Airframe, Engines or Parts, and such term shall include all additions, renewals, revisions and replacements of any such materials from time to time made, or required to be made, by the FAA (or other Aviation Authority) regulations, and in each case in whatever form and by whatever means or medium (including, without limitation, microfiche, microfilm, paper or computer disk) such materials may be maintained or retained by or on behalf of Owner (provided, that all such materials shall be maintained in the English language).

  • Replacement Airframe means any airframe substituted for the Airframe pursuant to Article IV of the Trust Indenture.

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

  • Alternative fuel vehicle means a vehicle designed to be capable of running on at least one type of fuel that is either gaseous at atmospheric temperature and pressure, or substantially non-mineral oil derived.

  • Aircraft Liability This policy does not cover "aircraft liability".

  • airframes means airframes (other than those used in military, customs or police services) that, when appropriate aircraft engines are installed thereon, are type certified by the competent aviation authority to transport:

  • 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.

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