Propellers definition

Propellers. Landing Gear", and "Parts" leased thereunder and including all Aircraft Documents as also defined in the Lease and notwithstanding any, more limited description of the "Aircraft" under the Bills of Sale, the description of the "Aircraft" under the Lease shall, without further notation in the Bills of Sale, be the "Aircraft" conveyed under the Bills of Sale.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Propellers means, if the context so requires, as of any date of determination, all Propellers then leased under the Lease. "REGULATIONS" - FAR.

Propellers means, if the context so requires, as of any date of determination, all Propellers then leased under the Sublease. "REGULATIONS" - FAR. "RELEASE NOTICE" - the notice by Agent pursuant to Section 10 of the Loan Agreement that all amounts and all other Obligations owing to Lender under the Loan Agreement, under the Notes and under all other Operative Documents have been finally and irrevocably paid and performed in full and the Lien of the Loan Agreement has been released.

Examples of Propellers in a sentence

Lessee agrees to provide to the Lessor no less frequently than quarterly such operational data as may be requested by the Lessor to maintain a record of the Aircraft maintenance and parts status including the Engines, Propellers and landing gear.
All Airworthiness Directives shall be timely accomplished in accordance with all applicable bulletins and manuals published by the Manufacturer of the Airframe or Engines or Propellers or Parts or data approved by the Aeronautical Authority to the extent the same are incorporated in or by reference into the Airworthiness Directive.
Such hull insurance shall cover Engines or engines, Propellers or propellers and Parts temporarily removed from the Airframe pending installation of the same or similar Engines, engines, Propellers or propellers or Parts on the Airframe in an amount not less than their replacement cost.
As of the Closing Date, neither Parent nor any of its Subsidiaries owns or has title to any Aircraft, Engines, or Propellers.
The Spare Parts located in the United States are primarily maintained for the purposes of installing such Spare Parts on Aircraft, Engines, Propellers, or Appliances operated by Borrower.

More Definitions of Propellers

Propellers means any of the aircraft propellers installed on the Aircraft at Delivery, or any Replacement Propeller substituted therefor or any prior Replacement Propeller, in each case replaced in accordance with this Agreement, and together in each case with any and all Parts which are from time to time incorporated in or attached to such propeller and any and all Parts removed therefrom so long as title thereto remains vested in Lessor in accordance with the terms of this Agreement;

Propellers means (i) each of the propellers specified in Attachment 1 hereto whether or not from time to time installed on an Airframe or installed on any other airframe or on any other aircraft, and (ii) any Replacement Propeller whether or not from time to time installed on an Airframe or any other airframe or on any other aircraft, together in each case with any and all Parts incorporated in such Propeller and any and all Parts removed from such Propeller so long as title to such Parts will remain vested in the Borrower. At such time as a Replacement Propeller will be substituted hereunder and the Propeller for which the substitution is made will be released, such replaced Propeller will cease to be a Propeller hereunder.

Propellers means, as of any date of determination, all Propellers then leased under the Sublease. As of the Signing Date, subject to the terms of the Sublease Operative Documents, the Propellers that will be eligible for sublease under the Sublease are identified in Schedule I to the Additional Agreement. “Propeller Cycle” means, in respect of a Propeller, operation of such Propeller on an aircraft from and including a take-off to and including the landing of that aircraft. “Propeller Flight Hour” means, in respect of a Propeller, each hour or part thereof such Propeller is operated, elapsing from the moment the wheels of an aircraft on which such Propeller is installed leave the ground until the wheels of such aircraft next touch the ground. “Propeller Manufacturer” means ▇▇▇▇▇ Aerospace, and its successors and permitted assigns. “Propeller Payment Redelivery Adjustment” has the meaning specified for such term in Annex C-1 of the Sublease. “Prospective International Interest” has the meaning given to such term in the Cape Town Convention.

Propellers means (i) each of the propellers listed in Schedule 2.1 or in the initial Mortgage Supplement or any subsequent Mortgage Supplement or any subsequent Pledge Supplement, in each case, executed and delivered by any Grantor,whether or not from time to time installed on any Engine or any other engine, and (ii) any replacement propeller which may from time to time be substituted for any Propeller pursuant to the terms hereof; and (iii) in each case, any and all related Parts.

Propellers shall have the meaning set forth in the definition of “Aircraft” herein. “Purchase Price” means the amount of One Million Five Hundred Thousand and 00/100 Dollars ($1,500,000.00).

Propellers means all aircraft propellers which are capable of absorbing 750 or more rated shaft horsepower.

Propellers shall have the meaning set forth in the first recital hereto.