Aircraft Portfolio definition

Aircraft Portfolio means the collective reference to all of the Eligible Assets owned by any Subsidiary of Bermuda Holding 2 Ltd., AI 1 Ltd. or AI 3 Ltd. at any one time.
Sample 1
Aircraft Portfolio means the collective reference to all of the Aircraft owned by any Subsidiary of Holdings or Irish Holdings at any one time.
Sample 1
Aircraft Portfolio means the collective reference to all of the Eligible Assets owned by any Subsidiary of AIH III or Irish Holdco Party at any one time. “Allowed Percentage” of the Purchase Price of an Eligible Asset means (A) in respect of any Loans (other than Loans to a Borrower to finance Approved Improvements or a Qualified Conversion (a) Loans in a principal amount up to 65% of the Purchase Price of each Eligible Asset that is not an Old Eligible Aircraft and 50% of the Purchase Price of each Eligible Asset that is an Old Eligible Aircraft or (b) if less, Loans in a principal amount up to the percentage of the Purchase Price of such Eligible Asset obtained by dividing (i) 70% of the Maintenance Adjusted Current Market Value of such Eligible Asset by (ii) the Purchase Price of such Eligible Asset and (B) in respect of any Loans for Approved Improvements or a Qualified Conversion, 65% of the actual expenditures which qualify as Approved Improvements or Qualified Conversion.
Sample 1

Examples of Aircraft Portfolio in a sentence

  • Use of proceeds The Company intends to use the net proceeds received from the disposal of the Initial Aircraft Portfolio and the Additional Aircraft for aircraft acquisitions, business expansion in aircraft and related business and general corporate purposes.

  • Aircraft Portfolio — Appraisals.”Pursuant to long-term agreements which have since been terminated, GECAS previously provided us with most services related to leasing our fleet, including marketing aircraft for lease and re-lease, collecting rents and other payments from the lessees of our aircraft, monitoring maintenance, insurance and other obligations under our leases, and enforcing rights against lessees from the closing date on December 19, 2006 until June 30, 2011.

  • Payment and delivery terms It is expected that the Initial Aircraft Portfolio will be delivered to the Vehicle at or before the end of 2018 subject to final terms and conditions or as agreed upon by the Vehicle and the Company.

  • Consideration of the Initial Aircraft Portfolio The Consideration is above the net book value of the Initial Aircraft Portfolio.

  • As an alternative to disclosing the Consideration for the Initial Aircraft Portfolio, the Company will disclose the Market Appraised Value of the Initial Aircraft Portfolio.

  • The Market Appraised Value of the Initial Aircraft Portfolio (obtained from three independent appraisers and maintenance support analysis service provider) is approximately US$826 million (equivalent to approximately HK$6.44 billion).

  • The aggregate net book value, the aggregate gain or loss on the disposal of the Initial Aircraft Portfolio and the excess or deficit of the Consideration over or under the aggregate net book value are commercial sensitive information as are the aggregate net profits (before and after tax) attributable to the Initial Aircraft Portfolio and the effect of the Transaction on the earning and assets and liabilities of the Company.

  • The gain or loss expected to accrue to the Company from the disposal of the Initial Aircraft Portfolio will be disclosed on an aggregated basis together with any other aircraft disposed of by the Company in the Company’s following annual financial statements upon completion of the relevant transactions.

  • Aircraft Portfolio (Continued) investments in limited liability companies that are accounted for under the equity method of accounting.

  • The Initial Aircraft Portfolio of 18 aircraft amounts to less of 20% of the Group’s total fleet size.


More Definitions of Aircraft Portfolio

Aircraft Portfolio means, at any time, each aircraft owned by the Issuer and that is leased by the Issuer pursuant to a lease agreement so long as such lease agreement contains terms and conditions substantially similar in all material respects those as set forth on Schedule 1.1 attached hereto.
Sample 1

Related to Aircraft Portfolio

  • Current Portfolio At any time, the portfolio of Collateral Obligations and Cash and Eligible Investments representing Principal Proceeds (determined in accordance with Section 1.3 to the extent applicable), then held by the Issuer.

  • 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 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.’’.

  • 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;

  • 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).

  • 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;

  • Investment Portfolio means invested assets (including cash and cash equivalents, short-term investments, bonds or other fixed income securities and equity investments).

  • 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.

  • Servicing Portfolio means, as to any Person, the unpaid principal balance of Mortgage Loans serviced by that Person under Servicing Contracts, minus the principal balance of all Mortgage Loans that are serviced by that Person for others under subservicing arrangements.

  • 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;

  • Collateral Portfolio means all right, title, and interest (whether now owned or hereafter acquired or arising, and wherever located) of the Borrower in the property identified below in clauses (i) through (iv) and all accounts, cash and currency, chattel paper, tangible chattel paper, electronic chattel paper, copyrights, copyright licenses, equipment, fixtures, contract rights, general intangibles, instruments, certificates of deposit, certificated securities, uncertificated securities, financial assets, securities entitlements, commercial tort claims, deposit accounts, inventory, investment property, letter-of-credit rights, software, supporting obligations, accessions, or other property consisting of, arising out of, or related to any of the following (in each case excluding the Retained Interest and the Excluded Amounts):

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

  • Aircraft Purchase Agreement Has the meaning specified in the NPA.

  • Selling Portfolio has the meaning specified in Section 2.10;

  • Equipment Lease means a Contract for the lease of Equipment or for the purchase of Equipment under a conditional sales or title retention agreement.

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

  • Airport Ground Support Equipment means vehicles and equipment used at an airport to service aircraft between flights.

  • ARM Mortgage Loan A Mortgage Loan pursuant to which the interest rate shall be adjusted from time to time in accordance with the related Mortgage Note.

  • 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.

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

  • Equipment Leases has the meaning set forth in Section 2.1.9.

  • 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;

  • Group 4 Mortgage Loan Each Mortgage Loan listed on Exhibit D-4 hereto.

  • Equipment Loan means middle market equipment loans that consist of loans made to obligors in the United States of America primarily secured by new or used transportation equipment and managed by the Equipment Finance reporting category of the Commercial Lending and Leasing division of GE Capital.

  • 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:

  • FTR Portfolio Auction Value means for each customer account of a Market Participant, the sum, calculated on a monthly basis, across all FTRs, of the FTR price times the FTR volume in MW.