Substitute Aircraft definition

Substitute Aircraft. Has the meaning specified in the NPA.

Substitute Aircraft. Has the meaning specified in the Note Purchase Agreement.

Substitute Aircraft has the meaning set forth in Section 1(g) of the Note Purchase Agreement.

Examples of Substitute Aircraft in a sentence

• See "Description of the Aircraft and the Appraisals -- Substitute Aircraft".

• Aircraft: Means each of the Applicable Aircraft (or Substitute Aircraft) in respect of which a Participation Agreement is to be or is, as the case may be, entered into in accordance with the NPA (or any substitute aircraft, including engines therefor, owned by the Company and securing one or more Equipment Notes).

• Aircraft: Means each of the Applicable Aircraft or Substitute Aircraft in respect of which a Participation Agreement is entered into in accordance with the NPA (or any substitute aircraft, including engines therefor, owned by the Company and securing one or more Equipment Notes).

• Aircraft: Means each of the Applicable Aircraft or Substitute Aircraft in respect of which a Participation Agreement is to be or is entered into in accordance with the NPA (or any substitute aircraft, including engines therefor, owned by the Company and securing one or more Equipment Notes).

• The Company shall have no liability for the failure of the Pass Through Trustees to purchase Equipment Notes with respect to any Aircraft or Substitute Aircraft.

More Definitions of Substitute Aircraft

Substitute Aircraft. Means, with respect to any Trust, any Aircraft of a type specified in this Agreement and, at the election of the Company, substituted prior to the applicable Cut-off Date, if any, pursuant to the terms of this Agreement.

Substitute Aircraft. With respect to any Trust, means any Aircraft of a type specified in this Agreement and, at the election of the Company, substituted prior to the applicable Cut-off Date, if any, pursuant to the terms of this Agreement.

Substitute Aircraft has the meaning specified in the Note Purchase Agreement.

Substitute Aircraft means an airframe of a different model of the same or different manufacturer as the Airframe, together with two engines suitable for installation and use on such airframe.

Substitute Aircraft means any aircraft which Customer has designated, pursuant to Section 5.1 hereof, to be delivered in lieu of a Firm Aircraft.

Substitute Aircraft has the meaning given to such term in the Purchase Agreement or the Guarantor Purchase Agreement, as applicable, and that has been approved by the Policy Provider.

Substitute Aircraft with respect to any Indenture, has the meaning specified in such Indenture.