U.S. Bancorp Helicopters definition

U.S. Bancorp Helicopters means (i) one (1) AgustaWestland Philadelphia Corporation model AW139 Helicopter bearing manufacturer’s serial number 41277 and United States Registration No. N804CB and (ii) one (1) EUROCOPTER model EC 225 LP Helicopter bearing manufacturer’s serial number 2732 and United States Registration No. N781TC, each owned by Era Helicopters LLC, a Delaware limited liability company and a wholly owned Subsidiary of the Borrower, which are subject to mortgages granted by Era Helicopters LLC in favor of U.S. Bancorp Equipment Finance, Inc.
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U.S. Bancorp Helicopters means the two Helicopters, each owned by Era Helicopters LLC, a Delaware limited liability company and a wholly owned Subsidiary of the Borrower, which are subject to mortgages granted by Era Helicopters Leasing in favor of U.S. Bancorp Equipment Finance, Inc.
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U.S. Bancorp Helicopters means the two Helicopters, each owned by Era Helicopters LLC, a Delaware limited liability company and a wholly owned Subsidiary of the Borrower, which are subject to mortgages granted by Era Helicopters Leasing in favor of U.S. Bancorp Equipment Finance, Inc.;
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More Definitions of U.S. Bancorp Helicopters

U.S. Bancorp Helicopters means (i) one (1) AgustaWestland Philadelphia Corporation model AW139 Helicopter bearing manufacturer’s serial number 41369 and United States Registration No. N553RD, (ii) one (1) AgustaWestland Philadelphia Corporation model AW139 Helicopter bearing manufacturer’s serial number 41224 and United States Registration No. N415JH and (iii) one (1) AgustaWestland Philadelphia Corporation model AW139 Helicopter bearing manufacturer’s serial number 31322 and United States Registration No. N819JA, each owned by Era Helicopters, LLC, a Delaware limited liability company and a wholly owned Subsidiary of the Borrower (“Era Helicopters”), which are subject to mortgages granted by Era Helicopters in favor of U.S. Bancorp Equipment Finance, Inc.
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U.S. Bancorp Helicopters means the Helicopters owned by Era Helicopters, LLC, a Delaware limited liability company and a wholly owned Subsidiary of the Borrower (“Era Helicopters”), that are subject to mortgages granted by Era Helicopters in favor of U.S. Bancorp Equipment Finance, Inc. and set forth and identified on Schedule B-3 hereto, which may be updated by the Borrower from time to time so long as (i) the Borrower furnishes to the Administrative Agent prior written notice with an updated Schedule B-3 of such Helicopters being added or removed, as applicable, and (ii) the aggregate value of all of the Helicopters listed in Schedule B-3 (as updated) does not exceed Forty Million Dollars ($40,000,000). For the avoidance of doubt, increases in the value of any Helicopter on Schedule B-3, including increases in appraised value after such Helicopter has been added to Schedule B-3, shall not cause a violation of clause (ii) herein.
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