Aircraft Leases definition

Aircraft Leases means nine 12-year aircraft lease agreements and three engine lease agreements for three CFM LEAP-1B25 spare engines as more particularly described in paragraphs 70 and 71 of the Affidavit of Michael Woodward sworn on February 22, 2024 in the CCAA Proceedings..

Aircraft Leases has the meaning specified in the definition of “Aircraft Collateral.”

Aircraft Leases means those equipment leases entered into by Loan Parties with respect to corporate aircraft previously characterized as operating leases on the Loan Parties’ financial statements and which will be characterized as capital leases for purposes of the Borrower’s March 31, 2015 financial statements and subsequent financial statements.”

Examples of Aircraft Leases in a sentence

• This is especially since the Composition Plan appears to have the effect of releasing Garuda France’s debt liability owed to the Greylag Entities under the Aircraft Leases.

• Thus, the Greylag Entities’ rights to pursue the debts owed by Garuda France to them under the Aircraft Leases were discharged under the Composition Plan.

• This SISP sets out the manner in which (i) binding bids for the purchase of the assets of Lynx Air, including inter alia the Aircraft Leases and the Boeing Agreement (collectively, the “Assets”) will be solicited from interested parties, (ii) any such bids received will be addressed, (iii) any Successful Bid (as defined below) will be selected, and (iv) Court approval of any Successful Bid will be sought.

• We struggled to see how the commercial purpose in organising the Aircraft Leases of the Aircraft in the way that Garuda Indonesia and Garuda France had done, had anything to do with the inclusion of the Third-Party Release Provisions in the Composition Plan.

• Turning first to the Commercial Background Documents, the Greylag Entities submitted that these documents were material in identifying the nexus between the “business reasons” behind the Aircraft Leases (see [11]–[15] above) and the release of Garuda France under the Composition Plan.

More Definitions of Aircraft Leases

Aircraft Leases means (i) Sublease and Consent Agreement between CXL Aviation, LLC (sublessor) and WilTel Aircraft Leasing, LLC (subleasee), dated September 30, 2005 (regarding N359WC), (ii) Sublease and Consent Agreement between CX Aviation, LLC (sublessor) and WilTel Aircraft Leasing, LLC (subleasee), dated September 30, 2005 (regarding N358WC) and (iii) Hangar Lease Agreement between Tulsair Beechcraft, Inc. and Xxxxxxxx Communications, LLC, dated April 25, 2001;

Aircraft Leases means each of the lease agreements, in the form of Exhibit VIIIA, dated as of April 25, 2000, between Atlas Freighter Leasing III, Inc., as Lessor and Atlas Air, Inc., as Lessee, as the same may be amended, modified, or supplemented from time to time in accordance with the terms hereof, and including any lease supplement entered into in accordance with the terms of any Aircraft Lease.

Aircraft Leases means, collectively, those certain Aircraft Lease Agreements between World Airways, Inc. and (a) International Lease Finance Corporation regarding N271WA, dated as of September 30, 1992; (b) First Security Bank of Utah, DPF Airlease, Inc. VIII, Potomac Capital Investment Corporation regarding N107WA, dated as of January 15, 1991; (g) International Lease Finance Corporation regarding N272WA, dated as of September 30, 1992; (d) International Lease Finance Corporation regarding N275WA, dated as of September 30, 1992; (e) International Lease Finance Corporation regarding N276WA, dated as of September 30, 1992; (f) MDFC Knoxville Company, MDFC-Memphis Company regarding N277WA, dated as of March 11, 1996; (g) MDFC Knoxville Company, MDFC-Memphis Company regarding N278WA, dated as of March 11, 1996; (h) CBSA Partners LLC regarding N279WA, dated as of May 16, 2002; (i) International Lease Finance Corporation regarding N273WA, dated as of September 30, 1992; (j) International Lease Finance Corporation regarding N274WA, dated as of September 30, 1992; (k) MDFC Knoxville Company, MDFC-Memphis Company regarding N526MD, dated as of April 6, 2001; (l) Xxxxx Fargo Bank Northwest regarding N541SA, dated as of October 18, 2000; (m) International Lease Finance Corporation regarding N303WL, dated as of September 29, 2000; (n) International Lease Finance Corporation regarding N304WL, dated as of September 29, 2000; (o) Polaris Holding Company regarding N352WL, dated as of May 31, 2001; and (p) Continental Airlines, Inc. regarding N14075, dated as of September 15, 2000, in each case as amended, restated, supplemented or otherwise modified from time to time through the Closing Date.

Aircraft Leases the collective reference to (a) the Aircraft Lease Agreement, dated as of May 30, 2003, between AVN Air, LLC and WilTel Aircraft Leasing with respect to the Cessna 560XL and (b) the Aircraft Lease Agreement, dated as of May 30, 2003, between AVN Air, LLC and WilTel Aircraft Leasing with respect to the Cessna 750 and, in each case, any amendments thereto or replacements thereof satisfactory to the Administrative Agent.

Aircraft Leases shall have the meaning ascribed to such term in Section 6.12(b) of this Agreement.

Aircraft Leases means the leases, subleases or other agreements (including without limitation capital leases) pursuant to which NAA operates aircraft, including all modifications, extensions, renewals, waivers and amendments to such agreements.

Aircraft Leases means each of the amended and restated lease agreements, in the form of EXHIBIT VIIIA, between the Borrower, as Lessor and Atlas, as Lessee, as the same may be amended, modified, or supplemented from time to time in accordance with the terms hereof, and including any lease supplement entered into in accordance with the terms of any Aircraft Lease.