EETC definition

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

EETC means enhanced equipment trust certificate.

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

Examples of EETC in a sentence

• Nor did Canada object to Brazil's inclusion of a 20 basis point adjustment ("for the difference between the regional aircraft used in the financing at issue and the larger jets used in the typical EETC issue") in its Exhibit BRA-66.

• However, we note that, according to evidence adduced by Canada, the "vast majority"203 of EETCs are for large aircraft, and that only one EETC has been placed to finance regional jets.204 From this evidence, we understand that the [] relates to large aircraft.

• In establishing its base EETC spread, Brazil first calculated the weighted average of bid spreads at which all airline EETCs were trading in the month of the EDC transaction at issue.

• This would lead to an adjusted [] price of T plus [] basis points, which is [] the EDC's offer to Comair.249 We further recall the need to increase EETC prices by 20-30 basis points, to arrive at an EETC price for regional aircraft transactions.

• This does not mean, however, that we should also reject Canada's use of EETC data.

• Over the past several years, the Council and EETC have invited key organizations, experts from industry and government, and representatives from relevant U.S. and Chinese government agencies to become directly involved in these meetings designed to identify concrete recommendations for increasing official governmental and industry cooperation between the U.S. and China.1 Between March 4 and 6, 2009, a Dialogue on U.S.-China Cooperation on Nuclear Power was held in Washington, DC.

• This could lead to a finding of below- market financing (by reference to Brazil's EETC benchmark), when in fact the transaction at issue may have been at, or above, market.

• This is because Canada does not rely on weighted average EETC data.

• In cases where the Nation in which the student is a member does not support an application for appeal, the appeal will not be adjudicated by the EETC or the Director of Education, Training & Social Development.

• Over the past several years, the Council and EETC have invited key organizations, experts from industry and government, and representatives from relevant United States (U.S.) and Chinese government agencies to become directly involved in several meetings designed to identify concrete recommendations for increasing official governmental and industry cooperation.

More Definitions of EETC

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

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.

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

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).