Aircraft Mortgages definition

Aircraft Mortgages means the Aircraft (including aircraft and helicopter) mortgages entered into by the Borrower in favor of the Collateral Agent evidencing the Loan Liens on such Aircraft that will secure the Obligations, in each case as amended, modified, restated, supplemented or replaced from time to time.

Aircraft Mortgages means the mortgages and/or security agreements that create or purport to create a Lien on any Aircraft (including any aircraft engine) or Aircraft Parts in favor of the Administrative Agent, in form for filing with the Federal Aviation Administration and registration with the International Registry.

Aircraft Mortgages means the mortgages and/or security agreements that create or purport to create a Lien on any Aircraft (including any aircraft engine) or Aircraft Parts in favor of the Administrative Agent, in form for filing with the Federal Aviation Administration and registration with the International Registry. “Aircraft Operating Party” means USA Jet Airlines, Inc. “Aircraft Parts” means all appliances, parts, systems, components, assemblies, rotables, instruments, appurtenances, accessories, furnishings, seats and other equipment of whatever nature, whether or not incorporated or installed in or attached to an aircraft or aircraft engine, including “appliances” and “spare parts” as such terms are defined in Section 40102 of Title 49 of the United States Code. “Aircraft Parts Designated Location” means each location identified in Schedule 6.28 where Aircraft Parts of a Borrower or its Subsidiaries are located.

Examples of Aircraft Mortgages in a sentence

• Approximately 100 of the entities or individuals with interests registered on the UK’s National Register of Aircraft Mortgages are UK entities.

• Depending on the maximum take-off weight of the airframe, there may be a benefit to businesses in registering with the International Registry compared to the fee to register interests on the UK’s National Register of Aircraft Mortgages.

• There are likely to be some public costs to the CAA as a result of ratifying the treaty through a loss of fee income if businesses choose to register interests with the International Registry instead of the UK’s National Register of Aircraft Mortgages run by the CAA.

• However, creditors with interests registered on the UK’s National Register of Aircraft Mortgages can already enforce their interests in cases of default through the UK courts and therefore this is not a new provision for creditors.

• The intention of the treaty is that any interests registered with the International Registry would take priority over an interest registered on the relevant national register, in the case of the UK, the National Register of Aircraft Mortgages.

More Definitions of Aircraft Mortgages

Aircraft Mortgages means each amended and restated aircraft mortgage and security agreement executed and delivered pursuant to Section 4.01(a)(xiii).

Aircraft Mortgages means each amended and restated aircraft mortgage and security agreement executed and delivered pursuant to Section 4.01(a)(xiii). “Airframes” has the meaning specified in the Aircraft Mortgages. “Airline Service Agreement” means the airline service agreement in the form attached hereto as Exhibit I as in effect on the date hereof. “Airline Service Agreement Obligations Cap” means (i) for the period from the Amendment and Restatement Effective Date until the thirtieth day

Aircraft Mortgages means (i) each first priority Aircraft Mortgage and Security Agreement executed by the Owner Trustee in favor of the Security Trustee in respect of Aircraft 4, Aircraft 5 and Aircraft 6, (ii) each first priority Aircraft Mortgage and Security Agreement executed by the Owner Trustee in favor of the Security Trustee in respect of Aircraft 1, Aircraft 2 and Aircraft 3 and (iii) any other aircraft mortgage in respect of Aircraft executed in favor of the Security Trustee by the owner of such Aircraft or any of them as the context requires, each in form and substance satisfactory to the Agent, as the same may be amended, supplemented or modified from time to time;

Aircraft Mortgages means the Aircraft Chattel Mortgages of even date ------------------ herewith executed by certain of the Restricted Subsidiaries and the Collateral Agent, each as at any time amended, modified, supplemented, renewed or extended.

Aircraft Mortgages means the four aircraft mortgages dated 3 December 2003 between Phoebus and DB London, one such mortgage in respect of each Aircraft;

Aircraft Mortgages means the NWA Aircraft Mortgage, the Compass Aircraft Mortgage and the Mesaba Aircraft Mortgage.

Aircraft Mortgages means (a) the Amended and Restated Aircraft Chattel Mortgage, Security Agreement and Assignment of Rents executed by Aircargo dated the Closing Date, (b) any Aircraft Chattel Mortgage, Security Agreement and Assignment of Rents at any time executed pursuant to Article 5 hereof, evidencing or creating a Lien as security for the Obligations in form and substance reasonably satisfactory to Agent, and (c) any and all amendments, modifications, supplements, renewals, extensions, restatements or replacements thereof.