Equipment Trust Certificate definition

Equipment Trust Certificate means, for any Pass Through Trust, any "Equipment Trust Certificate," as such term is defined in the related Indenture, issued by an Owner Trustee pursuant to such Indenture and described in, or on a schedule attached to, the Series Supplement for such Pass Through Trust, which is to be held by the Pass Through Trustee as part of the Trust Property of such Pass Through Trust.
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Equipment Trust Certificate means the Equipment Trust Certificate --------------------------- described in Schedule I hereto and any replacement thereof.
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Equipment Trust Certificate means equipment pass through certificates or equipment trust certificates issued by American as to which an opinion of counsel shall have been delivered to the effect that the benefits of Section 1110 of the United States Bankruptcy Code, as amended, or any successor statute are or should be available.
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Examples of Equipment Trust Certificate in a sentence

  • Third, Brazil submits that the EDC financing at issue is more favourable than a "market" benchmark constructed by Brazil on the basis of Enhanced Equipment Trust Certificate ("EETC") data.

  • Fitch also identified Turkish Airlines' USD-denominated Enhanced Equipment Trust Certificate (EETC), which has been issued in 2015 as BB.Management Change-IThe Incorporation has decided to appoint Captain Pilot Baran GÜLBARAN, SVP, Flight Training as Chief Flight Operations Officer.Amendment for Boeing Fleet PlanPreviously, in order to insure the need for narrow body aircraft, the Incorporation decided to purchase a total of 75 B737 MAX aircraft from the Boeing Company at the date of 09.04.2013.

  • In December 2015, an Enhanced Equipment Trust Certificate ("EETC") pass-through trust was created to issue pass-through certificates to obtain financing for new E-175 aircraft.

  • During 2016 to finance new aircraft deliveries, we issued an aggregate principal amount of $2.8 billion in Enhanced Equipment Trust Certificate (EETC) equipment notes at an average fixed interest rate of 3.63%, as well as $1.8 billion in other equipment notes, which bear interest at fixed and variable rates of LIBOR plus margin, averaging 2.96% at December 31, 2016.

  • Enhanced Equipment Trust Certificate Transactions Overview of EETC Transactions In three separate transactions in 1998, 1999 and 2000, Atlas issued pass-through certificates, also known as Enhanced Equipment Trust Certificates (“EETCs”).

  • In connection with the services provided under subparagraph (b) of paragraph 1 of this Agreement, the Sub -Advisor shall place all orders for the purchase and sale of portfolio securities for the Portfolio's account with brokers or dealers selected by the Sub-Advisor, which may include brokers or dealers affiliated with the Advisor or Sub -Advisor.

  • Table 3.35 - Key features and considerations of other asset-backed securities 51 The association for financial markets in Europe (AFME) - http://www.afme.eu/ Attribute RMBS/CMBS CLOAircraft Financing (Enhanced Equipment Trust Certificate - “EETC”)1Pricing transparency (availability of data, benchmarks and ratings)(Medium/High)OTC trading.

  • In August 2005, United entered into term sheets to restructure the three post-1997 Enhanced Equipment Trust Certificate (“EETC”) transactions, financing 80 aircraft in United’s fleet that were controlled by the Public Debt Group.

  • I think we've gotten much better at looking at situations, knowing what is important and what isn’t, and digging for that infor-mation quickly.G&D: Could you walk us through an example of an early investment?ML: When I was at Contrari- an, I was leading an unofficial creditors committee for an Enhanced Equipment Trust Certificate in Northwest Air- lines.

  • Commercial Market Ex‐Im Bank developed a model that enables the Bank to compare the relative costs of its financing for large aircraft transactions and commercial market financing for large aircraft transactions achieved through the Enhanced Equipment Trust Certificate structure.

Related to Equipment Trust Certificate

  • Trust Certificate means a certificate evidencing the beneficial interest of a Certificateholder in the Trust, substantially in the form of Exhibit A to the Trust Agreement.

  • Grantor Trust Certificates Any class of commercial mortgage pass-through certificates issued under this Agreement that is designated as evidencing an interest in the Grantor Trust. The Class S Certificates and the Class VRR Certificates shall be the only Classes of Grantor Trust Certificates issued under this Agreement.

  • Trust Certificates means the asset backed certificates issued pursuant to the Trust Agreement, substantially in the form of Exhibit A to the Trust Agreement.

  • Trust Certificateholder means the Person in whose name a Trust Certificate is registered on the Certificate Register.

  • Residual Interest Certificate means any of the Class R-I Certificates, the Class R-II Certificates, the Class R-III Certificates or, if issued in accordance with Section 2.06, the Class R-LR Certificates.

  • Definitive Trust Certificates shall have the meaning set forth in Section 3.10.

  • Physical Certificates As specified in the Preliminary Statement.

  • Digital Certificate means an electronic device used to verify identity or protect electronic messages.

  • Retail Certificates A Senior Certificate, if any, offered in smaller minimum denominations than other Senior Certificates, and designated as such in the Series Supplement.

  • Physical Certificate As specified in the Preliminary Statement.

  • Investor Certificates means the Class A Certificates, the Class B Certificates and the Collateral Interest.

  • Basic Pass Through Trust Agreement means that certain Pass Through Trust Agreement, dated as of September 16, 2014, between the Company and WTC, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms (but does not include any Trust Supplement).

  • Class A-R Certificateholder The registered holder of the Class A-R Certificate.

  • Residual Certificates As specified in the Preliminary Statement.

  • Investor Certificateholder means the holder of record of an Investor Certificate.

  • Class B Certificateholder means the Person in whose name a Class B Certificate is registered in the Certificate Register.

  • Class N Certificate means any of the Certificates with a "Class N" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • The Certificates The Offered Certificates shall be issued as follows:

  • Certificate Depositary Agreement means the agreement among the Issuer Trust, the Depositor and the Depositary, as the initial Clearing Agency, dated as of the Closing Date, substantially in the form attached hereto as Exhibit B, as the same may be amended and supplemented from time to time.

  • Final Certificate in relation to the work shall mean the certificate regarding the satisfactory compliance, performance and fulfillment of all Contractual Obligations as issued by the Head of SBU & PC – Rock Phosphate.

  • Pass Through Trustee means the trustee under each Pass Through Trust Agreement, together with any successor in interest and any successor or other trustee appointed as provided in such Pass Through Trust Agreement.

  • Class J Certificate means any one of the Certificates with a "Class J" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Investor Certificate means any one of the certificates (including, without limitation, the Bearer Certificates, the Registered Certificates or the Global Certificates) issued by the Trust, executed by the Transferor and authenticated by the Trustee substantially in the form (or forms in the case of a Series with multiple Classes) of the investor certificate attached to the related Supplement.

  • Class C Certificateholder means the person in whose name a Class C Certificate is registered on the Certificate Register.

  • Class A-R Certificate The Certificate executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-R and Exhibit C hereto.

  • Final Test Certificate means the final test certificate issued by the owner within the provisions of the contract.