PCI Air LLC definition

PCI Air LLC means PCI Air Management Partners, L.L.C., a Delaware limited liability company. "PCI Master Lease" has the meaning set forth in Section 5.2(f)(i). "PCI Note" has the meaning set forth in clause (i) of the definition of "Permitted Investment". "PCJL" means Potomac Capital Joint Leasing Corporation, a Delaware corporation. "PCJL Notes" has the meaning set forth in Section 2.2 hereof "Percentage Interest" means, with respect to each Member, as of the date hereof, the Percentage Interest of such Member set forth in Section 2.1 hereof. In the event all or any portion of an Interest is Transferred in accordance with the terms of this Agreement other than pursuant to a pledge or hypothecation, the transferee shall succeed to a corresponding portion of the Percentage Interest of the transferor. "Permitted Investments" mean:

Examples of PCI Air LLC in a sentence

  • The original Capital Contributions of the Members made pursuant to Section 2.1 hereof (based on facts and information provided to BT Investor by PCI and PCI Air LLC) consist solely of Holding Company Eligible assets.

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