Technical Agent definition

Technical Agent means, for the Government of the People's Republic of China, the Civil Aviation Administration of China – CAAC, and for the European Union, the European Aviation Safety Agency – EASA.

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Technical Agent means, for the United States, the Federal Aviation Administration (FAA); and for the European Community, the European Aviation Safety Agency (EASA).

Technical Agent means Fortress, in its capacity as technical agent hereunder, and includes its successors and permitted assigns in such capacity.

Examples of Technical Agent in a sentence

The terms “Lenders”, “Majority Lenders”, “Supermajority Lenders” and any similar terms shall, unless the context clearly otherwise indicates, include the Administrative Agent and the Technical Agent, as applicable, in its individual capacity as a Lender or as one of the Majority Lenders or Supermajority Lenders, as applicable.
Except for notices, reports and other documents and information expressly required to be furnished to the Lenders by the Administrative Agent hereunder, none of the Administrative Agent, the Technical Agent or the Arranger shall have any duty or responsibility to provide any Lender with any credit or other information concerning the affairs, financial condition or business of the Company (or any of its Affiliates) which may come into the possession of the Administrative Agent or any of its Affiliates.
Each of the Lenders hereby irrevocably appoints each of the Administrative Agent and the Technical Agent, acting in such capacity, as its agent and authorizes each Agent to take such actions on its behalf and to exercise such powers as are delegated to such Agent by the terms hereof and the other Loan Documents, together with such actions and powers as are reasonably incidental thereto.
Additionally, the Technical Agent may request a Third Party Reserve Report with respect to the APOD ▇▇▇▇▇ once per fiscal year.
Subject to the appointment and acceptance of a successor Agent as provided in this Section 11.06, any Agent may resign at any time by notifying the other Agent, the Lenders and the Borrower; provided that, Fortress shall resign as Technical Agent if it (i) is no longer a Lender and (ii) no longer holds any Secured Obligations.

More Definitions of Technical Agent

Technical Agent means, for Canada, the Canadian organization responsible for civil aviation (Transport Canada Civil Aviation) and for the European Union, the European Aviation Safety Agency (EASA).

Technical Agent means, for the United States, the FAA Flight Standards Aircraft Maintenance Division; and for Switzerland, the EASA. EASA is considered as a Technical Agent only when it is fulfilling its role as the FOCA’s technical agent based on the Annex of the Agreement of 1999 between the European Community and the Swiss Confederation on Air Transport. In particular, EASA is not performing its role as FOCA’s Technical Agent in respect of aircraft listed in Annex 2 of Regulation (EU) No 216/2008 of the European Parliament and of the Council of February 20, 2008 on common rules in the field of civil aviation and establishing a European Aviation Safety Agency.‌

Technical Agent means qualified agent appointed by both the Contracting Authority and Private party who works independently for both Parties to carry out

Technical Agent means, Société Générale, in its capacity as Technical Agent, and any successors thereto appointed pursuant to Section 13.12.

Technical Agent means, for the United Kingdom the Civil Aviation Authority or its successor and for the Union, the European Union Aviation Safety Agency, or its successor.

Technical Agent means, for the United States, the FAA; and for the Government of Switzerland, EASA. EASA is considered as a Technical Agent only when it is fulfilling its role as the FOCA’s Technical Agent based on the Annex of the Agreement of 1999 between the European Community and the Swiss Confederation on Air Transport. In particular, EASA is not performing its role as FOCA’s Technical Agent in respect of aircraft listed in Annex 2 of Commission Regulation (EC) No. 216/2008 of the European Parliament and of the Council of 20 February 2008 on common rules in the field of civil aviation and establishing a European Aviation Safety Agency.

Technical Agent means MUFG Bank, Ltd. in its capacity as technical agent under any of the Loan Documents.