Specified Aircraft definition
Specified Aircraft means Aircraft 92007, Aircraft 92008, Aircraft 92009, Aircraft 92010, Aircraft 92001, and Aircraft 92006.
Specified Aircraft means the ACS Group Initial Aircraft with respect to which the Lessee under the related ACS Group Lease shall have entered into a Novation with respect to such ACS Group Lease.
Specified Aircraft means (a) each Aircraft described on Schedule VII as having a Base Advance Rate of 0% and Borrowing Base of $0 and (b) any other Aircraft which the Borrower has notified the Administrative Agent shall be a “Specified Aircraft”, provided that, if such Aircraft is a Funded Aircraft, the conversion of such Aircraft into a Specified Aircraft shall be subject to compliance with the Borrower’s obligation to pay the Disposition Payment Amount pursuant to Section 4.2(b)(i).
Examples of Specified Aircraft in a sentence
For the avoidance of doubt, the foregoing shall not prejudice the obligations of the Borrower under Section 4.2(b)(i) with respect to the conversion of a Funded Aircraft to a Specified Aircraft.
More Definitions of Specified Aircraft
Specified Aircraft means (a) an aircraft set forth in Schedule 1 to the Senior Aircraft Security Agreement or the ▇▇▇▇▇ Senior Aircraft Security Agreement, in each case as of the Third Amendment Effective Date, (b) an aircraft owned by the Grantors, directly or indirectly, as of the Third Amendment Effective Date as set forth in Exhibit A of the Third Amendment Officer’s Certificate, (c) any aircraft deemed to constitute a Specified Aircraft pursuant to the proviso to Section 4.1(h) and (d) any other aircraft Designated as Senior Tranche Collateral pursuant to Section 5.5(c) below.
Specified Aircraft. The Aircraft specified in the Prospectus as available for purchase by the Partnership with Gross Offering Proceeds. "S.P.L.C.": Security Pacific Leasing Corporation.
Specified Aircraft means Aircraft 92007, Aircraft 92008, Aircraft 92009, Aircraft 92010, Aircraft 92001, and Aircraft 92006. “Specified Aircraft Leases” means (i) the helicopter lease contract dated 30 January 2018 between LMWL and BALL in relation to
Specified Aircraft the numbers and types of aircraft listed on Schedule 1.1D together with related engines or spare engines, spare parts or other related equipment (including ground equipment).
Specified Aircraft means the B737-300, B737-400, B737-500 and MD-82 aircraft and any aircraft that is at least 20 years old from its date of manufacture.
Specified Aircraft means, collectively, (a) the Aircraft listed on Schedule 1.01(e), and (b) any other fully assembled Aircraft manufactured or acquired by any Loan Party after the Closing Date that such Loan Party intends to retain for use in the ordinary course of its business, in each case, until such time, if any, as such Aircraft is Disposed of in accordance with the terms of this Agreement, but, in each case, excluding the Spanish Scoopers for so long as they are not registered with the FAA or on the Cape Town International Registry to the extent reasonably acceptable to the Administrative Agent in consultation with the Required Lenders. For the avoidance of doubt, nothing herein shall be construed or interpreted in a manner that would not require the security interests in favor of Administrative Agent which relate to the Spanish Scoopers to be perfected under local law and the Cape Town Convention.
Specified Aircraft means any or all (as the context may require) of Aircraft 1, Aircraft 2, Aircraft 3 and Aircraft 4 and includes where the context so admits a separate reference to the relevant: