Appropriate Actions definition

Appropriate Actions means, with respect to the inclusion of an Aviation Unit in the Security Interest, (a) filing or causing to be filed a proper ▇▇▇▇ or bills of sale covering said Aviation Unit (on FAA Form 8050-2, "Aircraft ▇▇▇▇ of Sale", or on any other appropriate form) in the Aircraft Registry and in any other public office necessary for full compliance by the Company with the terms hereof; (b) causing said Aviation Unit to be free and clear of all Liens (other than Permitted Liens), making the appropriate filings, registrations and recordings (including the filing of FAA Form 8050-41 and any appropriate termination statements or releases) necessary to release any existing Liens of record and otherwise causing said Aviation Unit to be in full compliance with all the terms and provisions of this Agreement with the same effect as if the same were a portion of the original Aircraft described in this Agreement; (c) executing and delivering any registration, recordation or filing documents and any other appropriate security documentation as the Agent or any Creditor through the Agent may request for the purpose of describing said Aviation Unit (including all aircraft engines, airframes, propellers, rotors, appliances, instruments, mechanisms, equipment (including communications equipment), parts, apparatus, appurtenances and accessories) in reasonable detail, and expressly and specifically subjecting the same to the Security Interest; (d) delivering or causing to be delivered to the Agent and each Creditor an opinion of counsel (dated the date of the filing for recordation in the Aircraft Registry of the security documentation referred to in clause (c) above) to the effect that the Company has good and marketable title to said Aviation Unit free of all Liens (other than Permitted Liens) and that said Aviation Unit has been duly subjected to the Security Interest and constitutes a portion of the Collateral; and (e) delivering to the Agent and each Creditor an Officers' Certificate certifying that the Company is in full compliance with all provisions of this Agreement with respect to the same.
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Appropriate Actions means the acts that a party would take, and the amount of effort and resources such party would expend, when fulfilling such obligation, performing such action, or incurring such expense for such party’s own benefit, in each case acting in good faith and on a reasonable basis.
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Appropriate Actions means to take such actions as a Supplier acting in a determined, prudent and reasonable manner would take to achieve that result if it were in that Supplier’s own interests to achieve that result.
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Examples of Appropriate Actions in a sentence

  • The Party whose performance is delayed or prevented shall (a) promptly notify the other Party of the Force Majeure cause of such prevention or delay and (b) take Appropriate Actions to recommence such disrupted Party’s performance of its obligations under this Agreement.

  • Comverse shall be required to take Appropriate Actions to fulfill each of its obligations set forth in this Agreement.

  • Without limitation on the foregoing, within 30 days after the earlier of the Company's acquiring the Aviation Unit to be subjected to the Security Interest or the Agent's release of the Aircraft pursuant to Subsection 9.05(b)(i), the Company shall take Appropriate Actions.

  • Without limitation on the foregoing, within 30 days after the purchase of such Aviation Unit, the Company shall take Appropriate Actions.

  • Notice of Certain Events 76 Section 5.19 Appropriate Actions; Further Assurances 77 Section 5.20.

  • The Company shall have subjected to the Security Interest, and taken all Appropriate Actions (other than the actions described in clauses (d) and (e) of the definition thereof) with regard to, one or more additional Aviation Units (acceptable to the Agent and Creditor) that (i) were not subject to the Security Interest as of December 31, 2000, and (ii) have an aggregate Appraised Value of not less $16,300,000 (such Aviation Units are hereinafter referred to as the "Additional Collateral").

  • Section 6.1 Appropriate Actions; Consents; Filings....................................

  • Section 5.1 Conduct of Business 88 Section 5.2 Employment Matters 92 Section 5.3 Publicity 97 Section 5.4 Confidentiality 98 Section 5.5 Access to Information 101 Section 5.6 Post-Closing Access 102 Section 5.7 Appropriate Actions 103 Section 5.8 Non-Competition and Non-Solicitation 108 Section 5.9 Third Party Consents.

  • Without limitation of the foregoing, as soon as reasonably practicable and in any event within 45 days from the effective date hereof, the Company shall, at the Company's cost and expense, take or cause the actions in clauses (d) and (e) of the definition of Appropriate Actions to be taken.

Related to Appropriate Actions

  • Corporate Actions means warrant and option exercises, conversions, exchanges and other capital reorganizations, calls, odd lot tenders/credits, bonus rights, subscription offers/rights, puts, maturities of securities, redemptions, mergers, tender or exchange offers, and rights exercises and expirations. Corporate Actions do not include class actions.

  • Corporate Action means any subscription right, bonus issue, stock repurchase plan, redemption, exchange, calls, redemptions, tender offer, recapitalization, reorganization, conversions, consolidation, subdivision, takeover offer or similar matter with respect to a Financial Asset in the Securities Account that requires discretionary action by the holder, but does not include proxy voting.

  • State active duty means duty performed by a Montana National Guard member when a disaster is declared by the proper State authority and shall include the time period as certified by a licensed physician to recover from an Illness or Injury incurred while performing the state active duty.

  • Appropriate Authority means any government or taxing authority.

  • Appropriate Authorities means any and/or all of (as may be relevant under the circumstances) the UK government bodies and/or government bodies/agencies in the territory where Serious Misconduct may have or is suspected of having taken place, which have responsibility for safeguarding, recording, investigating, enforcing and/or determining allegations of Serious Misconduct and which may include (but shall not be limited to), the DFID, the National Crime Agency, UK Police force, local territory police forces, and social services.