CRAF Program definition

CRAF Program means the Civil Reserve Air Fleet Program authorized under 10 U.S.C. Section 9511 et seq. or any similar or substitute program under the laws of the United States.
CRAF Program. Has the meaning specified in Section 7.01(f) of the Lease. Cut-Off Date. September 18, 1997. Debt Portion. The amount specified as such on Schedule IV to the Participation Agreement.
CRAF Program has the meaning specified in Section 5(b)(vii) of the Lease.

Examples of CRAF Program in a sentence

  • In the event of the requisition for use or hire by any government (it being acknowledged that the use of the Airframe or any Engine pursuant to the CRAF Program does not constitute such a requisition), for a period in excess of sixty (60) days, of any Engine not then installed on the Airframe, the Company will replace such Engine by complying with the terms of Section 7.05(b) to the same extent as if an Event of Loss had occurred with respect to such Engine.


More Definitions of CRAF Program

CRAF Program. Has the meaning specified in Section 7.01(f) of the Lease.
CRAF Program means the Civil Reserve Air Fleet Program.
CRAF Program has the meaning specified in Section 4.01(b)(vii) of the ------------ Security Agreement.
CRAF Program is defined in Section 6.1.2.
CRAF Program means the Civil Reserve Air Fleet Program established pursuant to 10 U.S.C. § 9511-13 or any similar substitute program. No reference to “proceeds” in this Security Agreement authorizes any sale, transfer, or other disposition of the Collateral by Debtor.
CRAF Program means the Civil Reserve Air Fleet Program established pursuant to 10 U.S.C. § 9511-13 or any similar substitute program. “Eligible Lease” means, with respect to any Aircraft, Airframe, or Engine, a fully-executed lease by Debtor to an Eligible Lessee (as lessee), which lease satisfies each of the following requirements: 3
CRAF Program means the Civil Reserve Air Fleet Program administered by the United States government.