Pre-Delivery Payments definition

Pre-Delivery Payments means, in respect of each Aircraft, the payments to be made to the Manufacturer in respect of such Aircraft prior to the Delivery Date therefor pursuant to the Purchase Agreement, as more particularly set out for each Aircraft in schedule 3 to the Purchase Agreement Assignment, and “Pre-Delivery Payment” means any one of such payments;
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Pre-Delivery Payments means progress payments or deposits made by or on behalf of Holdings or any of its direct or indirect Subsidiaries to an aircraft manufacturer or seller for the purchase of an Aircraft.
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Examples of Pre-Delivery Payments in a sentence

  • This Agreement sets out the terms and conditions upon which the Lenders have agreed to make available to the Borrower a loan facility of up to the Maximum Loan Amount to be used for the purpose of funding the obligations of the Borrower to make certain Pre-Delivery Payments due to the Manufacturer pursuant to the Purchase Agreement.

  • 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.

  • Notwithstanding the foregoing, as a condition precedent to PDP Lxxxxx’s undertaking to make Pre-Delivery Payments hereunder, PDP Borrower agrees to pay any portion of a payment due under any of the Purchase Agreements that is not advanced by PDP Lxxxxx as a Pre-Delivery Payment hereunder.

  • Interest incurred during the year ended March 31, 2008 was $39.1 million, of which $2.6 million was capitalized.Application of Pre-Delivery Payments – In the years ended March 31, 2009, 2008, and 2007, the Company applied pre-delivery payments of $0, $67.0 million and $34.9 million, respectively, towards the purchase price of aircraft and LiveTV equipment.LiveTV Hardware Agreement – During the year ended March 31, 2008, the Company sold LiveTV equipment of $14.7 million in exchange for a note receivable.

  • For the purposes of this SA-05, Pre-Delivery Payments (PDP) will remain in accordance with the Advanced Payment Base Price (APBP) found of Tables in 1-1, 1-2 and 1-3 of Supplemental Agreement 04 (SA-04).

  • A321neo Airframe means as the context requires, all or any of the [***] Airbus A321neo aircraft which is the subject of this Agreement and bearing CAC-IDs [***] together with all Parts incorporated in, installed on or attached to such airframe on its Delivery Date.” 2.2 To the extent relating to the Rescheduled Aircraft, schedule 1 (Pre-Delivery Payments, Scheduled Delivery Months) to the Step-In Agreement shall be amended and restated as set forth in Schedule 1 hereto.

  • Schedule 1 Pre-Delivery Payments, Scheduled Delivery Months Schedule 2 Exhibit D Pre-Delivery Payments Amendment to Step-In Agreement Executed as a deed by Vertical Horizons, Ltd.

  • Schedule 3 A321 Aircraft and A320ceo Aircraft Pre-Delivery Payments EXHIBIT D A321 AIRCRAFT AND A320ceo AIRCRAFT PREDELIVERY PAYMENTS, SCHEDULED DELIVERY MONTHS ***** ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission.

  • Pre-Delivery Payments for Flight Equipment In December 2010, the Company entered into a purchase agreement with Airbus for 60 A320 aircraft, including 30 A320neo aircraft, the first commercial order for the new eco-efficient engine option.

  • Schedule 2 A320 Aircraft Pre-Delivery Payments EXHIBIT D A320 AIRCRAFT PREDELIVERY PAYMENTS, SCHEDULED DELIVERY MONTHS ***** ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission.

Related to Pre-Delivery Payments

  • Termination Delivery Unit means (a) in the case of a Termination Event, an Event of Default or an Extraordinary Event (other than an Insolvency, Nationalization, Merger Event or Tender Offer), one Share or (b) in the case of an Insolvency, Nationalization, Merger Event or Tender Offer, a unit consisting of the number or amount of each type of property received by a holder of one Share (without consideration of any requirement to pay cash or other consideration in lieu of fractional amounts of any securities) in such Insolvency, Nationalization, Merger Event or Tender Offer. If a Termination Delivery Unit consists of property other than cash or New Shares and Counterparty provides irrevocable written notice to the Calculation Agent on or prior to the Closing Date that it elects to deliver cash, New Shares or a combination thereof (in such proportion as Counterparty designates) in lieu of such other property, the Calculation Agent shall replace such property with cash, New Shares or a combination thereof as components of a Termination Delivery Unit in such amounts, as determined by the Calculation Agent in its discretion by commercially reasonable means, as shall have a value equal to the value of the property so replaced. If such Insolvency, Nationalization, Merger Event or Tender Offer involves a choice of consideration to be received by holders, such holder shall be deemed to have elected to receive the maximum possible amount of cash.

  • Delayed Delivery Fee shall have the meaning specified in paragraph 2H(2).

  • Notice Delivery Period means the period from and including the Trade Date, to and including a day that is three (3) Business Days following the date that is 14 calendar days after the Scheduled Termination Date. Section 1.23 (Notice Delivery Period) of the Credit Derivatives Definitions shall be amended accordingly.

  • Delay Delivery Mortgage Loans The Mortgage Loans for which all or a portion of a related Mortgage File is not delivered to the Trustee or to the Custodian on its behalf on the Closing Date. The number of Delay Delivery Mortgage Loans shall not exceed 25% of the aggregate number of Mortgage Loans as of the Closing Date.

  • Service delivery area means the defined geographic area for delivery of program services.

  • Share Delivery Date shall have the meaning set forth in Section 4(c)(ii).

  • Delivery Year means the Planning Period for which a Capacity Resource is committed pursuant to the auction procedures specified in Tariff, Attachment DD, or pursuant to an FRR Capacity Plan under Reliability Assurance Agreement, Schedule 8.1. Demand Bid:

  • Additional Payment is as defined in Section 6 of the Agreement.

  • service delivery agreement means an agreement between the Municipality and an institution or persons mentioned in section 76(b) of the Local Government: Municipal Systems Act 32 of 2000.

  • Contract Adjustment Payments means amounts payable by the Company on each Contract Adjustment Payment Date in respect of each Purchase Contract, at a rate per year of 2.725% on the Stated Amount per Purchase Contract.

  • Additional Payments means the amounts required to be paid by the Company pursuant to the provisions of Section 4.2 hereof.

  • Delivery charges means charges by the seller for preparation and delivery to a location designated by the purchaser of tangible personal property or services. Delivery charges include, but are not limited to, transportation, shipping, postage, handling, crating, and packing. Beginning September 1, 2004, delivery charges do not include the charges for delivery of direct mail if the charges are separately stated on an invoice or similar billing document given to the purchaser. If a shipment includes both exempt property and taxable property, the seller shall allocate the delivery charge using 1 of the following methods:

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.04(c).

  • Adjustment Payment shall have the meaning specified in Section 3.09(a).

  • Purchaser Deliverables has the meaning set forth in Section 2.2(b).

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Delivery Month means each month specified as such by the Exchange pursuant to

  • Initial Payment means the dollar amount specified as the “Initial Payment” in the applicable Purchase Agreement.

  • Scheduled Delivery Date means the Date on which the Seller is required to start delivering the power at the Delivery Point as per the terms and conditions of the PPA;

  • Event Payments has the meaning set forth in Section 6.1(d).

  • Custom Deliverable means the Work Product that Contractor is required to deliver to the Eligible User under this Contract.

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

  • Calling Name Delivery Service (CNDS means a service that enables a terminating End User to identify the calling Party by a displayed name before a call is answered. The calling Party’s name is retrieved from a calling name database and delivered to the End User’s premise between the first and second ring for display on compatible End User premises equipment.

  • Delivery Schedule means the schedule for the delivery of Services as set forth in attached Annex 3.

  • Additional Consideration has the meaning set forth in Section 3.2.