FAA Certificates definition

FAA Certificates mean, collectively, all certificates required by the FAA and the FARs for the manufacture, design, production, maintenance, use or sale of any Aircraft, including, with respect to any Grantor, each Airworthiness Certificate issued with respect to such Aircraft and each other certificate issued in favor of any Grantor under the FARs pursuant to which such Grantor maintains, operates or sells Aircrafts or Spare Parts, as the same now exists or may hereafter be amended, supplemented, renewed, extended, reissued, or replaced.

Examples of FAA Certificates in a sentence

  • Mortgagor will comply and will cause compliance with all laws, regulations or orders of governmental authority having jurisdiction over Mortgagor or the Mortgaged Aviation Property, including all applicable operational and maintenance requirements of the Federal Aviation Administration, and will at all times maintain in effect appropriate United States FAA Certificates of Airworthiness for each of the Mortgaged Airplanes.

  • Each Credit Party shall obtain, maintain and preserve, and take all necessary action to timely renew, all permits, licenses, FAA Certificates, authorizations, approvals, entitlements and accreditations which are necessary or useful in the proper conduct of its business.

Related to FAA Certificates

  • Class A Certificates As specified in the Preliminary Statement.

  • Group 2 Certificates As specified in the Preliminary Statement.

  • Class B-5 Certificates The Certificates designated as “Class B-5” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Group 4 Certificates As specified in the Preliminary Statement.

  • Group 1 Certificates As specified in the Preliminary Statement.

  • Class B-4 Certificates The Certificates designated as “Class B-4” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class B-6 Certificates The Certificates designated as “Class B-6” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class A-1A Certificate means any one of the Certificates with a "Class A-1A" designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • COFI Certificates As specified in the Preliminary Statement.

  • Class B Certificates The Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates.

  • Rule 144A Certificates The Junior Subordinate Certificates.

  • New Certificates has the meaning set forth in Section 3.04(a).

  • Group I Certificates The Class A-1 Certificates.

  • Group 3 Certificates As specified in the Preliminary Statement.

  • Class B-2 Certificates All Certificates bearing the class designation of "Class B-2".

  • Class B-3 Certificates All Certificates bearing the class designation of "Class B-3".

  • Class B-1 Certificates All Certificates bearing the class designation of "Class B-1".

  • Class A-1 Certificates All Certificates bearing the class designation of "Class A-1".

  • REMIC I Certificates The Class R-I Certificates.

  • Corresponding Certificates As identified in the Preliminary Statement with respect to any Lower-Tier Regular Interest or Component.

  • Class C Certificates Any one of the Class C Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-18, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 4.

  • Group III Certificates The Group III-A Certificates.

  • Group II Class A Certificates The Class A-2a Certificates, the Class A-2b Certificates, the Class A-2c Certificates and the Class A-2d Certificates, collectively.

  • Delay Certificates As specified in the Preliminary Statement.

  • Class A-2 Certificates All Certificates bearing the class designation of "Class A-2".

  • Class B-5 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-5 and Exhibit C hereto. Class B-5 Certificateholder: The registered holder of a Class B-5 Certificate.