Non-Performing Equipment Note definition

Non-Performing Equipment Note means an Equipment Note issued pursuant to an Indenture that is not a Performing Equipment Note.
Non-Performing Equipment Note means an Equipment Note issued pursuant to an Indenture that is not a Performing Equipment Note; provided, that, any Equipment Note discharged (in whole or in part) without full performance in a bankruptcy proceeding shall be deemed to be a Non-Performing Equipment Note (but, in the case of any such partial discharge, only to the extent of such discharge).
Non-Performing Equipment Note means an Equipment Note issued pursuant to an Indenture that is not a Performing Equipment Note. “Note Purchase Agreement” means the Amended and Restated Note Purchase Agreement, dated as of the date hereof, among American, each

More Definitions of Non-Performing Equipment Note

Non-Performing Equipment Note means an Equipment Note, with respect to which a Payment Default has occurred and is continuing thereunder (without giving effect to any acceleration); provided that in the event of a bankruptcy proceeding under the

Related to Non-Performing Equipment Note

  • Performing Equipment Note Person", "Pool Balance", "Rating Agencies", "Ratings Confirmation", "Regular Distribution Date", "Replacement Liquidity Facility", "Responsible Officer", "Scheduled Payment", "Special Payment", "S&P", "Stated Interest Rate", "Subordination Agent", "Taxes", "Threshold Rating", "Trust Agreement", "Trustee", "Underwriters", "Underwriting Agreement", "United States" and "Written Notice".

  • Non-Performing High Yield Securities means High Yield Securities other than Performing High Yield Securities.