EETC definition

EETC means enhanced equipment trust certificate. “Effective Date” means December 9, 2013.

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EETC means enhanced equipment trust certificate.

EETC means the facility evidenced by the First Lien Documents (as defined in the EETC Intercreditor).

Examples of EETC in a sentence

Indenture and Security Agreement (American Airlines 2019-1 Aircraft EETC) [Reg.
Participation Agreement (American Airlines 2019-1 Aircraft EETC) [Reg.
Participation Agreement (American Airlines 2011-1 Aircraft EETC) [Reg.
The undersigned hereby directs the Depositary to pay the proceeds of the Deposits and accrued interest thereon to the Paying Agent at [NAME], ABA#___________, Account #_________, Attention: ___________________, Reference: [Northwest Airlines 2001-1 EETC].
The Borrower’s Representative for purposes of taking any action required or permitted to be taken pursuant to this Section is the Project Implementing Entity, the Egyptian Electricity Transmission Company (EETC).
The Borrower shall make all such payments in lawful money of the United States of America, to the Primary Liquidity Provider in immediately available funds, by wire transfer to Deutsche Bank Trust Co. Americas, New York, ABA No. ▇▇▇▇▇▇▇▇▇, Swift Code: BKTR US 33, Account Holder: Landesbank Baden-Württemberg, Stuttgart, Account No. ▇▇-▇▇▇-▇▇▇, Swift Code: ▇▇▇▇▇▇▇▇, Reference: 3371 Loan Administration, JetBlue EETC 2004-2, or such other account as the Primary Liquidity Provider shall notify the Borrower.
Pursuant to Section [1.02(c)] [1.02(d)] [1.02(e)]of the Agreement, please execute the attached [Notice of Purchase Withdrawal][Notice of Replacement Withdrawal][Notice of Event of Loss Withdrawal] and immediately transmit it by facsimile to the Depositary, at Citibank, N.A., as Depositary, ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇, Attention: ### (Email ###), Reference: American Airlines 2019-1 Aircraft EETC.
Notwithstanding anything in this Section 6.05 or any of the definitions or covenants contained in this Agreement to the contrary, no Loan Party shall sell, transfer or otherwise Dispose of (other than non-exclusive licenses that are Permitted Dispositions), or grant an exclusive license or sublicense of, any Material Intellectual Property to any Person other than another Loan Party, other than the granting of any Lien securing the EETC Obligations.
Any payment received as a result of the exercise of remedies hereunder shall be applied in accordance with ‎Section 2.14(b) as subject to the EETC Intercreditor.
Any “Events of Default” specified in the Second Lien EETC Aircraft Mortgage shall also be deemed to be Events of Default hereunder.

More Definitions of EETC

EETC means enhanced equipment trust certificate. “Envoy” means Envoy Air Inc.

EETC means the facility evidenced by the First Lien Documents (as defined in the EETC Intercreditor). “EETC Collateral” shall mean the Collateral (as defined in the EETC Intercreditor).

EETC means the Egyptian Electricity Transmission Company and its lawful successors.

EETC means a collective reference to that certain (i) Loan Agreement, dated as of October 14, 2022 (as amended, restated, supplemented, or otherwise modified from time to time, the “Credit Agreement”) and (ii) Note Purchase Agreement, dated as of October 14, 2022 (as amended, restated, supplemented, or otherwise modified from time to time, the “Note Purchase Agreement” and collectively with the Credit Agreement and any other agreements and documents executed or delivered in connection therewith or in connection with the Note Purchase Agreement, each as may be amended, restated, supplemented, waived or otherwise modified from time to time, the “Credit Documents”), which such Note Purchase Agreement is among (a) the Loan Parties (as defined in the Note Purchase Agreement) thereto, (b) Wilmington Trust, National Association, as subordination agent for the Wheels Up Class A-1 Loan Trust 2022-1 (such trust, the “Noteholder” and Wilmington Trust, National Association, in such capacity, the “Subordination Agent”), (c) Wilmington Trust, National Association, as facility agent and security trustee (in such capacity the “Class A-1 Agent,” and together with its capacity as the Subordination Agent, the “EETC Agent”), and (d) the Lenders (as defined in the Credit Agreement, the “EETC Lenders,”), pursuant to which the EETC Lenders provided term loans to the Noteholder pursuant to the Credit Agreement and the Noteholder used the proceeds thereof to purchase notes from certain Loan Parties (and which such notes were guaranteed by certain Loan Parties as) pursuant to the Note Purchase Agreement.