PDP Notes definition

PDP Notes defined in Annex A to the Loan Agreement.
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Examples of PDP Notes in a sentence

  • Borrower hereby notifies Security Agent that (a) the scheduled Delivery Date is , 200 (the “Scheduled Delivery Date”), (b) the Participation Amount for each Lender is as specified above, (c) the manufacturer’s serial number of the Aircraft is , and (d) the aggregate principal amount of PDP Notes in respect of the Applicable Aircraft outstanding on the Scheduled Delivery Date is: .

  • Interest with respect to PDP Borrower’s obligation to repay to PDP Lender the Pre-Delivery Payments (as and when contemplated herein) will accrue from the date each such Pre-Delivery Payment is made by PDP Lender until repayment in full of all amounts owing hereunder and under the PDP Notes.

  • Borrower agrees that it shall use the proceeds of each secured loan described in Section 2.1(a) to pay in full the related PDP Notes issued with respect to the Applicable Aircraft and all other amounts due and owing to the Lender under the PDP Credit Agreement and to pay the full amount of the remaining balance of the purchase price of such Applicable Aircraft to the Airframe Manufacturer, and any amounts remaining thereafter shall be used for general corporate purposes.

  • Commitment Fee: in respect of each Aircraft, *** per annum of the sum of (1) the outstanding Commitment in respect of such Aircraft as set forth in Schedule 2 to the Loan Agreement less (2) the aggregate original principal of the PDP Notes in respect of such Aircraft as set forth in Schedule 2 to the Loan Agreement.

Related to PDP Notes

  • 2028 Notes has the meaning provided in the recitals.

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

  • A Notes means each Note that has a designation starting with “A”, either individually or in the aggregate as the context may require.

  • 2016 Notes means the aggregate principal amount of US$460,000,000 of 4.25% Convertible Senior Notes Due 2016 issued pursuant to the 2016 Note Indenture.

  • 2029 Notes has the meaning specified in the recitals of this Supplemental Indenture.