prospective sale definition

prospective sale means a sale which is intended to be made in the future, upon the occurrence of a stated event, whether or not the occurrence of the event is certain;
prospective sale shall have the meaning given in the Cape Town Convention.
prospective sale means a sale that is intended to take effect on the conclusion of a contract of sale in the future;

Examples of prospective sale in a sentence

  • If registered on the International Registry, LESSEE will immediately cause the International Registry to discharge the registration of any International Interest, Prospective International Interest, Prospective Sale or Non-consensual Right or Interest in respect of the Aircraft and/or any Engine other than the registration of an interest that constitutes a Permitted Lien.


More Definitions of prospective sale

prospective sale means a sale which is intended to be made in the future, whether or not upon the occurrence of an uncertain event, whether or not the occurrence of the event is uncertain;
prospective sale means a sale which is intended to be made in the
prospective sale has the meaning given to such term in the Cape Town Convention. "Protocol" means the English-language version of the Protocol to the Convention on International Interests in Mobile Equipment on Matters specific to Aircraft Equipment which was adopted on November 16, 2001 at a diplomatic conference held in Cape Town, South Africa, as set out in the schedule to the International Interests in Mobile Equipment (aircraft equipment) Act (Canada) and, as applicable the provincial and territorial implementing legislation related thereto in Canada, as the foregoing may be amended from time to time.
prospective sale means a sale which is intended to be made in the future, upon the
prospective sale. Prospective International Interest”, “situated in” and “Transacting User Entity”. Section 1.03
prospective sale means a sale that is intended to take effect on the conclusion of a
prospective sale shall have the meaning given in the Cape Town Convention. “Protocol” shall mean the Protocol referred to in the defined term “Cape Town Convention.” “Qualified Judgment” shall mean any judgment arising from the resolution of disputed pre-petition claims, so long as, and to the extent that, a reserve has been established therefor (including a reserve of Equity Interests of the Borrower to satisfy certain pre-petition claims pursuant to the Plan of Reorganization). “Qualified Permitted Investments” shall mean Permitted Investments of the type described in clause (e) of the definition thereof issued, guaranteed or placed with the Administrative Agent and other Permitted Investments of the type from time to time generally permitted in money market deposit accounts at JPMCB or GSCP. “Qualified Restructuring Indebtedness” shall mean any Indebtedness of the Borrower or any of its Subsidiaries with respect to any Restructuring Aircraft other than any such Indebtedness (i) created by any Post-Petition Aircraft Agreement that has been entered into relating to such Restructuring Aircraft or (ii) arising out of the assumption without modification of pre-petition agreements related to such Restructuring Aircraft. “Real Estate Appraiser” shall mean, in the case of the Real Property Assets, (a) American Appraisal Associates with respect to those certain parcels of real property described in Schedule 3.15(a) or (b) such other appraisal firms as may be retained by the Administrative Agent, in consultation with the Borrower, from time to time. “Real Property Assets” shall mean those certain parcels of real property owned in fee by the Borrower and described in Schedule 3.15(a) and together with, in each case, all buildings, improvements, facilities, appurtenant fixtures and equipment, easements and other property and rights incidental or appurtenant to the ownership of such parcel of real property (as each such real property is more particularly described in the applicable Second Lien Real Estate Mortgage) (including, without limitation, all Collateral described in the applicable Second Lien Real Estate Mortgage), and, from time to time, all Collateral identified in a Second Lien Real Estate Mortgage granted pursuant to Section 5.14, Section 5.16 or any other provision of this Agreement (including in connection with the designation of such real property or related asset as Cure Collateral). “Recovery Event” shall mean any settlement of or payment in respect of any property ...