Trust Indenture Estate definition

Trust Indenture Estate has the meaning ascribed to such term in the Trust Indenture.

Trust Indenture Estate means all estate, right, title and interest of the Indenture Trustee in and to the properties referred to in the Granting Clause of the Trust Indenture, excluding Excluded Payments.

Trust Indenture Estate is defined in the "Granting Clause" of the Trust Indenture.

Examples of Trust Indenture Estate in a sentence

• This Trust Indenture and the Trust Indenture Estate shall not be affected by any amendment or supplement to the Trust Agreement or by any other action taken under or in respect of the Trust Agreement, except that each reference in this Trust Indenture to the Trust Agreement shall mean the Trust Agreement as amended and supplemented from time to time to the extent permitted hereby, thereby and by the Participation Agreement.

• No transfer, by operation of law or otherwise, of any Equipment Note or other right, title and interest of any Note Holder in and to the Trust Indenture Estate or hereunder shall operate to terminate this Trust Indenture or entitle such holder or any successor or transferee of such holder to an accounting or to the transfer to it of any legal title to any part of the Trust Indenture Estate.

• No holder of an Equipment Note shall have legal title to any part of the Trust Indenture Estate.

• The Mortgagee accepts the duties hereby created and applicable to it and agrees to perform the same but only upon the terms of this Trust Indenture and agrees to receive and disburse all monies constituting part of the Trust Indenture Estate in accordance with the terms hereof.

• Without limiting the foregoing, the Mortgagee agrees that, prior to seeking indemnification from the Trust Indenture Estate, it will demand, and diligently pursue in good faith (but with no duty to exhaust all legal remedies therefor), indemnification available to the Mortgagee from Lessee under the Lease or the Participation Agreement.

More Definitions of Trust Indenture Estate

Trust Indenture Estate or "Indenture Estate" means all estate, right, title and interest of the Owner Trustee in and to the properties, rights and interests covered by the Granting Clause of the Indenture, excluding, however, in each case, Excepted Payments and Excepted Rights.

Trust Indenture Estate shall have the meanings specified in the Indenture; the terms "Intercreditor Agreement", "Liquidity Facility", "Liquidity Provider" and "Subordination Agent" shall have the meanings specified in the Intercreditor Agreement (as defined in the Pass Through Trust Agreement); and the term 3 "Lease Amendment No. 1" shall have the meaning specified in the Refunding Agreement.

Trust Indenture Estate has, with respect to each Leased Aircraft, the meaning assigned to such term in the Leased Aircraft Indenture covering such Leased Aircraft.

Trust Indenture Estate shall have the meaning specified in the Indenture.

Trust Indenture Estate means the “Indenture Estate” as defined in the Granting Clause hereof.

Trust Indenture Estate means the interest (including but not limited to security interest and Lien) of the Indenture Trustee in and to such portion of the Trust Estate and such other property as has been pledged, assigned and transferred to the Indenture Trustee to secure the obligations of the Owner to the Lenders pursuant to the Headlease Documents.

Trust Indenture Estate shall have the meanings specified in the Indenture and the terms "Intercreditor Agreement," "Liquidity Facility," "Liquidity Provider" and "Subordination Agent" shall have the meanings specified in the Intercreditor Agreement (as defined in the Pass Through Trust Agreement). 7 "Affiliate" shall mean, with respect to any specified Person, any other Person which, directly or indirectly, owns or controls, is controlled by or is under common control with such specified Person. Control will be deemed to exist based on (i) ownership of 25% or more of the voting securities of a Person or (ii) the power to direct or cause the direction of the management and policies of a Person whether by contract or otherwise.