Mortgaged Collateral definition

Mortgaged Collateral means all of the “Collateral” as defined in the Aircraft and Spare Engine Mortgage (including as supplemented by any Mortgage Supplement).

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Mortgaged Collateral means all of the “Collateral” as defined in each Aircraft and Spare Engine Mortgage (including as supplemented by any Mortgage Supplement).

Mortgaged Collateral means all of the “Collateral” as defined in any Engine Mortgage or the “Real Property” as defined in the U.S. Real Estate Mortgage.

Examples of Mortgaged Collateral in a sentence

• The Aircraft, Engines and Spare Engines listed on Schedule 3.18 represent each of the Aircraft, Engine and Spare Engine constituting Mortgaged Collateral as of the Closing Date that were first placed in service prior to October 22, 1994.

• The parties hereto acknowledge and agree that any Lien described in this Agreement on the Mortgaged Collateral is a Lien in favor of the Collateral Agent for the ratable benefit of the Second Priority Secured Parties.

• Except as otherwise specifically provided herein, Debtor hereby waives presentment, demand, protest or any notice (to the maximum extent permitted by applicable law) of any kind in connection with this Agreement or any Mortgaged Collateral.

• The Collateral Agent shall have been named as loss payee with respect to the Mortgaged Collateral, and additional insured (as its interests may appear), on such policies of insurance of the Borrower and the Guarantors as the Collateral Agent may have reasonably requested.

• The Borrower shall have delivered to the Initial Lenders all information necessary for the Appraisers to complete the appraisals, including, without limitation, detailed maintenance records for all aircraft, engines and spare engines included in Mortgaged Collateral and (ii) the Initial Lenders shall have received appraisals of Routes, Slots, Mortgaged Collateral, Flight Simulators and QEC Kits that are reasonably satisfactory to the Initial Lenders.

More Definitions of Mortgaged Collateral

Mortgaged Collateral has the meaning specified in the Prepetition Revolving Credit Agreement.

Mortgaged Collateral means all of the “Collateral” as defined in the Aircraft Mortgage (including any Mortgage Supplement), defined to include, without limitation, all aircraft, spare engines, spare parts inventory and QEC Kits included within the Collateral.

Mortgaged Collateral means all of the “Collateral” as defined in the Aircraft Mortgage (including as supplemented by any Mortgage Supplement).

Mortgaged Collateral means all of the “Collateral” as defined in the First Lien Aircraft Mortgage (including any Mortgage Supplement).

Mortgaged Collateral means all the collateral that is subject to a Mortgage.

Mortgaged Collateral means all of the “Collateral” as defined in the Second Lien Aircraft Mortgage (including any Mortgage Supplement).

Mortgaged Collateral means all of the “Collateral” as defined in the Aircraft and Spare Engine Mortgage (including as supplemented from time to time).