Aircraft Trustee definition

Aircraft Trustee. ▇▇▇▇▇ Fargo Bank Northwest, National Association, as trustee under a trust agreement in favor of World Travel with respect to the Aircraft, and any successor or replacement trustee.
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Aircraft Trustee means Well Fargo Bank, National Association, not in its individual capacity, but solely as trustee under a trust agreement in favor of World Travel, LLC, and any successor or replacement trustee, including any trust holding ownership of the Replacement Aircraft.
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Examples of Aircraft Trustee in a sentence

  • With respect to the Aircraft, there shall have been duly filed for recordation with the FAA, the Aircraft Security Agreement with respect to the Aircraft; all necessary action has been taken for the Aircraft to be duly registered with the FAA in the name of the Aircraft Trustee.

  • Each of the Collateral Agent and the Lenders shall have received certificates of existence and good standing with respect to the Aircraft Trustee and a Certificate of the Secretary or Assistant Secretary of the Aircraft Trustee, dated the Closing Date, with respect to the Aircraft Trustee's governing documents, resolutions and incumbent officers.

  • Each of the Collateral Agent and the Lenders shall have received certificates of existence and good standing with respect to the Aircraft Trustee and a Certificate of the Secretary or Assistant Secretary of the Aircraft Trustee, dated the Replacement Aircraft Advance Date, with respect to the Aircraft Trustee's governing documents, resolutions and incumbent officers.

  • Notwithstanding anything to the contrary in this Loan Agreement, each party hereto acknowledges that this Loan Agreement shall not impair, postpone, waive or otherwise affect any of the rights of the Aircraft Trustee pursuant to the Aircraft Trust Agreement.

  • Each of the Collateral Agent and the Lenders shall have received evidence reasonably satisfactory to the Lenders and their counsel, that, upon application of the proceeds of the sale of the existing Aircraft and the proceeds of the Replacement Aircraft Advance from the FF&E Proceeds Account toward the purchase of the Replacement Aircraft, the Aircraft Trustee shall have good and marketable title to the Replacement Aircraft, free and clear of any liens, including, without limitation, a ▇▇▇▇ of sale.

  • Notwithstanding anything to the contrary in this Loan Agreement, each party hereto acknowledges that this Loan Agreement shall not impair, postpone, waive or otherwise affect any of the rights of the Aircraft Trustee pursuant to that certain Trust Agreement dated as of May 10, 2002 between the Aircraft Trustee and World Travel.

  • With respect to the Replacement Aircraft, there shall have been duly filed for recordation with the FAA, the Aircraft Security Agreement with respect to the Replacement Aircraft; all necessary action has been taken for the Replacement Aircraft to be duly registered with the FAA in the name of the Aircraft Trustee.

Related to Aircraft Trustee

  • Master Trust Trustee means the entity acting as trustee under the applicable Pooling and Servicing Agreement.

  • NIM Trustee The trustee for the NIM Securities.

  • Bond Trustee means the company designated as such in the preamble to these Bond Terms, or any successor, acting for and on behalf of the Bondholders in accordance with these Bond Terms.

  • Supplemental Interest Trust Trustee ▇▇▇▇▇ Fargo Bank, N.A., a national banking association, not in its individual capacity but solely in its capacity as supplemental interest trust trustee, and any successor thereto.

  • Loan Trustee Means, with respect to any Indenture, the bank, trust company or other financial institution designated as loan trustee thereunder, and any successor to such loan trustee.