Class AA Trust definition

Class AA Trust. Has the meaning specified in the Intercreditor Agreement.
Sample 1Sample 2Sample 3
Class AA Trust means the American Airlines Pass Through Trust 2017-2AA created and administered pursuant to the Class AA Trust Agreement.
Sample 1Sample 2Sample 3
Class AA Trust. Has the meaning specified in Section 2.01 of this Trust Supplement.
Sample 1Sample 2Sample 3

Examples of Class AA Trust in a sentence

  • Each Class AA Certificate represents a Fractional Undivided Interest in the Class AA Trust created hereby.

  • The Class AA Certificates shall be the only instruments evidencing a Fractional Undivided Interest in the Class AA Trust.

  • Each Certificateholder of, and each Person acquiring a beneficial interest in, a Class AA Certificate, by its acceptance of its Class AA Certificate or a beneficial interest therein, agrees to treat the Class AA Trust as a grantor trust for all United States federal, state and local income tax purposes.

  • The parties hereto intend that the Class AA Trust be classified for United States federal income tax purposes as a grantor trust under Subpart E, Part I, Subchapter J, Chapter 1 of Subtitle A of the Code, and not as a trust or association taxable as a corporation or as a partnership.

  • The Class AA Certificates do not represent indebtedness of the Class AA Trust, and references herein to interest accruing on the Class AA Certificates are included for purposes of computation only.


More Definitions of Class AA Trust

Class AA Trust means (i) prior to the Transfer, the United Airlines Pass Through Trust 2019-2AA-O created and administered pursuant to the Class AA Trust Agreement and (ii) after the Transfer, the United Airlines Pass Through Trust 2019-2AA-S created and administered pursuant to the Class AA Trust Agreement.
Sample 1Sample 2
Class AA Trust means the Delta Air Lines Pass Through Trust 2019-1AA created and administered pursuant to the Class AA Trust Agreement.
Sample 1Sample 2
Class AA Trust. “Class AA Trust Agreement”, “Class AA Trustee”, “Closing Date”, “Controlling Party”, “Corporate Trust Office”, “Delivery Period Expiry Date”, “Downgraded Facility”, “Downgrade Event”, “Equipment Notes”, “Fee Letter”, “Final Legal Distribution Date”, “Financing Agreement”, “Investment Earnings”, “Liquidity Facility”, “Liquidity Obligations”, “Loan Trustee”, “Non-Extended Facility”, “Note Purchase Agreement”, “Operative Agreements”, “Participation Agreement”, “Performing Equipment Note”, “Person”, “Pool Balance”, “Rating Agencies”, “Regular Distribution Date”, “Replacement Liquidity Facility”, “Responsible Officer”, “Scheduled Payment”, “Series AA Equipment Notes”, “Special Payment”, “Stated Interest Rate”, “Subordination Agent”, “Taxes”, “Threshold Rating”, “Transfer”, “Trust Agreement”, “Trustee”, “Underwriters”, “Underwriting Agreement”, “United”, and “United Bankruptcy Event”.
Sample 1
Class AA Trust means the Spirit Airlines Pass Through Trust 2017-1AA created and administered pursuant to the Class AA Trust Agreement.
Sample 1Sample 2Sample 3
Class AA Trust means the JetBlue Airways Pass Through Trust 2019-1AA created and administered pursuant to the Class AA Trust Agreement.
Sample 1Sample 2
Class AA Trust means the American Airlines Pass Through Trust 2016-2AA created and administered pursuant to the Class AA Trust
Sample 1
Class AA Trust. “Class AA Trust Agreement”, “Class AA Trustee”, “Closing Date”, “Controlling Party”, “Corporate Trust Office”, “Delivery Period Expiry Date”, “Downgraded Facility”, “Downgrade Event”, “Equipment Notes”, “Fee Letter”, “Final Legal [Revolving Credit Agreement (2019-1AA)]
Sample 1