Federal Aviation Code definition

Federal Aviation Code means the sections of Title 49 of the United States Code relating to aviation, as amended from time to time, or any similar legislation of the United States enacted in substitution or replacement therefor.

Federal Aviation Code or “Act” means the sections of Title 49 of the United States Code relating to aviation, as amended from time to time, or any similar legislation of the United States enacted in substitution or replacement therefor.

Federal Aviation Code means the sections of Title 49 of the United States Code relating to aviation, as amended from time to time, or any similar legislation of the United States enacted in substitution or replacement therefor; and (vi) the term “Cape Town Treaty” means the Cape Town Convention on International Interests in Mobile Equipment and the related Aircraft Equipment Protocol, as in effect in the United States of America. We are admitted to the Bar in the State of Florida. We express no opinion as to the laws of any jurisdiction other than the laws of the State of Florida. In this respect we call to your attention that certain of the Financing Agreements are governed by the laws of jurisdictions other than those of the State of Florida and we express no opinion as to the effect of any such other laws on the opinions expressed herein. In rendering this opinion, we have assumed, with your consent, that:

Examples of Federal Aviation Code in a sentence

• The FAA Xxxx of Sale, the Security Agreement and Security Agreement Supplement No. 1 covering the Aircraft shall have been duly filed for recordation (or shall be in the process of being so duly filed for recordation) with the FAA pursuant to the Federal Aviation Code.

• Inflation adjustments were made using the Bureau of Labor Statistics inflation calculator, available at http://data.bls.gov/cgi-bin/cpicalc.pl.

• The Security Agreement and the Security Agreement Supplement and the FAA Bill of Sale relating to such Aircraft will have been duly filed for recordation (or shall be in the process of being so duly filed) pursuant to and in accordance with the Federal Aviation Code.

• Any successor Owner Trustee, however appointed, shall, if required by the Federal Aviation Code, be a Citizen of the United States and shall also be a bank or trust company organized under the laws of the United States or any state thereof having a combined capital and surplus of at least $250,000,000, if there be such an institution willing, able and legally qualified to perform the duties of Owner Trustee hereunder upon reasonable or customary terms.

• The Borrower shall cause each Aircraft to be, and at all times to remain, duly registered with the FAA under the Federal Aviation Code in the name of the Borrower or with such other country of registry and in such name as shall be permitted under Section 3 J(b) below.

• If, however, the debtor is a foreign air carrier under the Federal Aviation Code of 1958, as amended, it shall be deemed located at the designated office of the agent upon whom service of process may be made on behalf of the foreign air carrier.

• Borrower shall cause the Aircraft to be, and at all times to remain, duly registered with the FAA under the Federal Aviation Code in the name of Borrower or with such other country of registry and in such name as shall be permitted under Section 3.3(b) below.

• The Security Agreement and the Security Agreement Supplement and the FAA Xxxx of Sale relating to such Aircraft will have been duly filed for recordation (or shall be in the process of being so duly filed) pursuant to and in accordance with the Federal Aviation Code.

• Notwithstanding anything to the contrary in this Agreement, the Owner Trustee and the Owner Participant hereby agrees as follows: If Persons who are not "Citizens of the United States" as defined in Section 40102(a)(15) of the Federal Aviation Code or resident aliens have the power to direct or remove the Owner Trustee, either directly or indirectly through the control of another Person, those Persons together may not have more than 25 percent of the aggregate power to direct or remove the Owner Trustee.

More Definitions of Federal Aviation Code

Federal Aviation Code means Title 49 of the United States Code, which, among other things, recorded and replaced the U.S. Federal Aviation Act of 1958 and the regulation promulgated thereunder, or any subsequent legislation that amends, supplements or supersedes such provisions.