Class A Trust definition

Class A Trust means the American Airlines Pass Through Trust 2017-2A created and administered pursuant to the Class A Trust Agreement.
Class A Trust. Has the meaning specified in the Intercreditor Agreement.
Class A Trust. Class A Trust Agreement”, “Class A Trustee”, “Class B Certificates”, “Closing Date”, “Continental”, “Continental Bankruptcy Event”, “Controlling Party”, “Corporate Trust Office”, “Delivery Period Expiry Date”, “Downgraded Facility”, “Downgrade Event”, “Equipment Notes”, “Fee Letter”, “Final Legal Distribution Date”, “Financing Agreement”, “Investment Earnings”, “Liquidity Facility”, “Liquidity Obligations”, “Loan Trustee”, “Non-Extended Facility”, “Note Purchase Agreement”, “Operative Agreements”, “Participation Agreement”, “Performing Equipment Note”, “Person”, “Pool Balance”, “Rating Agencies”, “Regular Distribution Date”, “Replacement Liquidity Facility”, “Responsible Officer”, “Scheduled Payment”, “Special Payment”, “Stated Interest Rate”, “Subordination Agent”, “Taxes”, “Threshold Rating”, “Transfer”, “Trust Agreement”, “Trustee”, “Underwriters”, and “Underwriting Agreement”.

Examples of Class A Trust in a sentence

  • The parties hereto intend that the Class A Trust be classified for United States federal income tax purposes as a grantor trust under Subpart E, Part I, Subchapter J, Chapter 1 of Subtitle A of the Code, and not as a trust or association taxable as a corporation or as a partnership.

  • The Trustee shall not be authorized or empowered to do anything that would cause the Class A Trust to fail to qualify as a grantor trust for such tax purposes (including as subject to this restriction, acquiring any Aircraft by bidding the Equipment Notes relating thereto or otherwise, or taking any action with respect to any such Aircraft once acquired).

  • The Class A Certificates do not represent indebtedness of the Class A Trust, and references herein to interest accruing on the Class A Certificates are included for purposes of computation only.

  • Each Class A Certificate represents a Fractional Undivided Interest in the Class A Trust created hereby.

  • The provisions of this Section 7.01(a) supersede and replace the first three sentences of Section 2.02(a) of the Basic Agreement and the first sentence of Section 3.02(a) of the Basic Agreement, with respect to the Class A Trust.


More Definitions of Class A Trust

Class A Trust. Has the meaning specified in Section 2.01 of this Trust Supplement.
Class A Trust. Class A Trustee", "Class C Certificate", "Class C Certificateholder", "Class C Trust" and "Class C Trustee" shall have the respective meanings assigned to such terms in the Intercreditor Agreement.
Class A Trust. Class A Trust Agreement”, “Class A Trustee”, “Class C Certificate”, “Class C Certificateholder”, “Class C Trust”, “Class C Trust Agreement”, “Class C Trustee”, “Refinancing Certificates”, “Refinancing Certificateholder”, “Refinancing Equipment Notes” and “Refinancing Trust” shall have the respective meanings assigned to such terms in the Intercreditor Agreement.
Class A Trust means the Southwest Airlines Pass Through Trust 2007-1A created and administered pursuant to the Class A Trust Agreement.
Class A Trust means the Delta Air Lines Pass Through Trust 2009-1A created and administered pursuant to the Class A Trust Agreement.
Class A Trust means (i) prior to the Transfer, the Continental Airlines Pass Through Trust 1998-1A-O created and administered pursuant to the Class A Trust Agreement and (ii) after the Transfer, the Continental Airlines Pass Through Trust 1998-1A-S created and administered pursuant to the Class A Trust Agreement.
Class A Trust means (i) prior to the Transfer, the United Air Lines Pass Through Trust 2009-2A-O created and administered pursuant to the Class A Trust Agreement and (ii) after the Transfer, the United Air Lines Pass Through Trust 2009-2A-S created and administered pursuant to the Class A Trust Agreement.