Non-Premium Amount definition
Non-Premium Amount means the amount equal to the sum of unused Deposits to be distributed (i) due to the failure of an Aircraft to be delivered prior to the Delivery Period Termination Date due to any reason not occasioned by the Company's fault or negligence and (ii) in the case of Class C Certificates, $7.5 million.
Non-Premium Amount means the amount equal to unused Deposits to be distributed due to the failure of an Aircraft to be delivered prior to the Delivery Period Termination Date due to any reason not occasioned by US Airways' fault or negligence. Deposits comprising Non-Premium Amounts will not be treated as unused Deposits in determining whether the unused Deposits exceed the Par Redemption Amount.
Non-Premium Amount means, with respect to any Class of Certificates, if any Aircraft has not been delivered by the Manufacturer on or prior to the Delivery Period Termination Date due to any reason not occasioned by the Company's fault or negligence and no Substitute Aircraft has been provided in lieu of such Aircraft, an amount equal to the maximum principal amount of Equipment Notes with respect to such Aircraft that could have been issued and acquired by the Pass Through Trust that issued such Class of Certificates in accordance with the Mandatory Economic Terms.
More Definitions of Non-Premium Amount
Non-Premium Amount means the amount equal to unused Deposits to be distributed due to the failure of an Aircraft to be delivered prior to the Delivery Period Termination Date due to any reason not occasioned by ATA's fault or negligence. Deposits comprising Non Premium Amounts will not be treated as unused Deposits in determining whether the unused Deposits exceed the Par Redemption Amount.
Non-Premium Amount means, with respect to the Class G Certificates and the Class C Certificates, if any Aircraft has not been delivered by the Manufacturer on or prior to the Delivery Period Termination Date due to any reason not occasioned by the Company's fault or negligence and no Substitute Aircraft has been provided in lieu of such Aircraft, an amount equal to the maximum principal amount of Equipment Notes with respect to such Aircraft that could have been issued and acquired by the Pass Through Trust that issued such Class of Certificates in accordance with the Mandatory Economic Terms. "Note Holder" means at any time each registered holder of one or more Equipment Notes.