Examples of Portfolio Aircraft in a sentence
In the case of each Grantor, such Grantor shall maintain with respect to the Collateral owned or held by it the security interests created by this Agreement as perfected security interests having at least the priorities described in Section 4.02 and 4.03 (provided that, with respect to any Portfolio Aircraft or any Lease, only the Perfection Requirements are required to be satisfied) and shall defend such security interests against the claims and demands of all Persons whomsoever.
The Commissioner herself acknowledged these facts in her 2010 Order.
The Borrower shall provide the Administrative Agent within the period of sixty (60) days preceding each Appraisal Update Date (but, in no event later than two (2) Business Days preceding each Appraisal Update Date), with three (3) CMV Appraisals and three (3) BV Appraisals of each Portfolio Aircraft.
The parties hereto irrevocably and unconditionally agree that the Security Trustee is the sole person to whom the proceeds payable under the Group Contingency Insurances in respect of a total loss of a Portfolio Aircraft shall be payable.
The Security Trustee shall promptly execute and deliver to the Borrower, at the Borrower's expense, all documents that the Borrower shall reasonably request to evidence its release of the security interests in, and Liens on, the applicable Portfolio Aircraft (and any other Aircraft Assets directly related to such Portfolio Aircraft) and/or any related Collateral.
This reduction relation can be proved strongly normalizing and confluent (in a manner similar to Morrisett [18]) from which it follows that constructor equivalence is decidable.
The Borrower shall be in compliance with the Loan-to-Value Ratio and the Administrative Agent shall have received a duly completed, executed and delivered LTV Certificate certifying that the aggregate Appraised Value of all Portfolio Aircraft immediately after giving effect to the release is sufficient to cause the Loan-to-Value Ratio to be less than or equal to the applicable LTV Threshold.
The question is one largely of intention, and the intention of a person, in that respect, is determined by his expressions thereof, at times not suspicious, and his testimony, when called on, considered in connection with his conduct and the circumstances of his life.
This Agreement sets forth the common terms of a term loan facility (the "Facility") pursuant to which certain secured senior loans are to be made and notes issued to finance or refinance in part the purchase price for the Portfolio Aircraft (such term, and other capitalized terms used herein, have the meanings defined below) and sets forth the terms and conditions for effecting such financing.
This Agreement sets forth the common terms of a warehouse facility (the “Facility”) pursuant to which certain secured senior loans are to be made and notes issued to finance or refinance in part the purchase price for the Portfolio Aircraft (such term, and other capitalized terms used herein, have the meanings defined below) and sets forth the terms and conditions for effecting such financing.