Engine Owner definition

Engine Owner means the Borrower or any Owner Trustee.
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Engine Owner means the Borrower, any Owner Trustee or any Subsidiary of the Borrower that complies with the requirements of Section 6.18(a). “Environment” means ambient air, indoor air, surface water, groundwater, drinking water, soil, surface and subsurface strata, and natural resources such as wetland, flora and fauna. “Environmental Laws” means any and all federal, state, local, and foreign statutes, laws (including common law), regulations, standards, ordinances, rules, judgments, interpretations, orders, decrees, permits, agreements or governmental restrictions relating to pollution or the protection of the Environment or human health (to the extent related to exposure to hazardous materials), including those relating to the manufacture, generation, handling, transport, storage, treatment, Release or threat of Release of Hazardous Materials, air emissions and discharges to waste or public systems. “Environmental Liability” means any liability, contingent or otherwise (including any liability for damages, costs of environmental remediation, fines, penalties or indemnities) whether based in contract, tort, implied or express warranty, strict liability, criminal or civil statute or common law, directly or indirectly relating to (a) any Environmental Law, (b) the generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c) exposure to any Hazardous Materials, (d) Release or threatened Release of any Hazardous Materials or (e) any contract, agreement or other consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing. “Environmental Permit” means any permit, certification, registration, approval, identification number, license or other authorization required under any Environmental Law. “Equipment” means (i) all Airframes, Parts and other aviation assets owned by an Equipment Owner, whether or not such items are subject to a Lease; and (ii) the Corporate Aircraft. “Equipment Market Value” means, with respect to an item of Equipment other than Parts, an amount as determined by the Appraiser to be the amount that would be obtained in an arm’s length cash transaction between willing, able and knowledgeable parties, acting prudently, with an absence of duress and with a reasonable time period available for marketing, adjusted to account for the maintenance status of such item of Equipment, but without taking into account any existing maintenance reserves, any value attributed to...
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Examples of Engine Owner in a sentence

  • If permitted by applicable Law, on or reasonably promptly after the Applicable Date with respect to a Spare Engine, Owner will cause to be affixed to each Spare Engine, in a clearly visible location, a placard of a reasonable size and shape bearing the legend: “Subject to a security interest in favor of Wilmington Trust, National Association, not in its individual capacity but solely as Mortgagee.” Such placards may be removed temporarily, if necessary, in the course of maintenance of the Spare Engines.

  • To secure the prompt payment and performance of all Obligations and all obligations of Borrower under Non-Lender Protection Agreements, for the ratable benefit of Credit Facility Lenders and Non-Lenders, Borrower, each Engine Owner, each Equipment Owner and each Leasing Subsidiary, as applicable, shall enter into the Collateral Documents creating security interests in the Collateral.

  • Obligating Idearc to provide Local (or any Third Party Networked Web Site Owner or Search Engine Owner) with direct or remote access to S▇▇▇▇▇▇▇▇▇.▇▇▇ Server(s), or to otherwise allow Local (or any Third Party Networked Web Site Owner or Search Engine Owner) the ability to remotely install, implement, modify or support the S▇▇▇▇▇▇▇▇▇.▇▇▇ Service or any portion thereof.

  • In addition, Idearc shall indemnify, defend and hold Local harmless from and against any and all Damages suffered or incurred by Local in connection with any Proceeding by a third party against Local arising from any Search Results provided to Local by Idearc hereunder which Idearc did not have the right to provide to Local, to the extent that such Search Results were displayed as required by this Agreement without modification by Local or a Third Party Networked Web Site Owner or Search Engine Owner.

  • In connection with the above conditions for pledging a Spare Engine, Owner shall, at its own cost and expense, (x) execute and deliver to Mortgagee a Trust Indenture Collateral Supplement in the form of Exhibit B hereto specifying the manufacturer, model and serial number of such Pledged Spare Engine, (y) register the international interest of the Trust Indenture Collateral Supplement with the International Registry, and (z) duly file such Trust Indenture Collateral Supplement with the FAA.

  • Engine Owner is responsible for ensuring that any third parties which are thus granted access to Subscribed Data comply with the terms and conditions of this ▇▇▇▇ and the NEXUS Terms of Use, and Engine Owner shall indemnify Everllence from any claim arising from any such third parties' non-compliance with this EULA.

  • If Engine Owner wishes to withdraw their consent, Everllence will assist in blocking relevant third parties' access upon notification by Engine Owner submitted to Everllence by e-mail to ▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇.

  • To secure the prompt payment and performance of all Obligations, for the ratable benefit of Credit Facility Lenders, Borrower, each Engine Owner, each Equipment Owner, each Leasing Subsidiary, and, following a Security Election by Administrative Agent with respect to any Specified Asset included (or to be included) in the Borrowing Base, the Specified Asset Owner of such Specified Asset, as applicable, shall enter into the Collateral Documents creating security interests in the Collateral.

  • FH Since New Cycles Since New FH Since Restoration/New Cycles Since Restoration/New Installed on Airframe MSN Engine Position Airframe Registration Airframe Owner HKAC HKAC Removal Date Current Location (on Thru Date) Reason for Removal Serial Number Engine Owner Serial Number [**] — Confidential treatment has been requested for the bracketed portions.

  • For a third party to obtain such access to Subscribed Data, Engine Owner must provide their consent hereto by sending a completed and signed version of the form attached to this ▇▇▇▇ as Annex 1 to Everllence by e-mail to ▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇.