State of Registration Clause Samples

State of Registration. Borrower shall at all times cause and maintain each Aircraft to be duly registered with (i) the FAA or (ii) the Aviation Authority in a State of Registration that is a Contracting State other than the United States (each such State of Registration, together with Papua New Guinea, the Philippines, and Trinidad and Tobago, a “Permitted Foreign Jurisdiction”); provided that (i) on the Closing Date all Aircraft will be duly registered with the FAA, (ii) all Aircraft Collateral that is used and/or operated in connection with Healthcare Services shall at all times be registered with the FAA, and (iii) Domestic Aircraft Collateral NOLV shall not be less than $150,000,000; provided further that, unless agreed to by Agent in its Permitted Discretion, Borrower shall not cause or permit any Aircraft to be deregistered with the FAA (i) at any time that Domestic Aircraft Collateral NOLV is less than $150,000,000, or (ii) if at any time Domestic Aircraft Collateral NOLV shall be less than $150,000,000 upon deregistration of any such Aircraft with the FAA.
State of Registration. Borrower shall at all times cause and maintain each Aircraft to be duly registered with (i) the FAA or (ii) the Aviation Authority in a State of Registration that is a Contracting State other than the United States (each such State of Registration, together with Papua New Guinea, the Philippines, and Trinidad and Tobago, a “Permitted Foreign Jurisdiction”); provided that (i) on the Closing Date all Aircraft will be duly [PHI Group] Revolving Credit, Term Loan and Security Agreement registered with the FAA, (ii) all Aircraft Collateral that is used and/or operated in connection with Healthcare Services shall at all times be registered with the FAA, and (iii) Domestic Aircraft Collateral NOLV shall not be less than $150,000,000; provided further that, unless agreed to by Agent in its Permitted Discretion, Borrower shall not cause or permit any Aircraft to be deregistered with the FAA (i) at any time that Domestic Aircraft Collateral NOLV is less than $150,000,000, or (ii) if at any time Domestic Aircraft Collateral NOLV shall be less than $150,000,000 upon deregistration of any such Aircraft with the FAA.
State of Registration. Borrower shall at all times cause and maintain each Aircraft constituting Aircraft Collateral to be duly registered with (i) the FAA or (ii) the Aviation Authority in a State of Registration that is a Contracting State other than the United States (each such State of Registration, together with Papua New Guinea, the Philippines, Trinidad and Tobago, Ghana, and prior to the Separation Date, New Zealand, Australia and Cyprus, a “Permitted Foreign Jurisdiction”); provided that on the Closing Date all Aircraft will be duly registered with (x) the FAA or (y) the Aviation Authority of a Permitted Foreign Jurisdiction; provided further that, unless agreed to by Agent in its Permitted Discretion, Borrower shall not cause or permit any Aircraft constituting Aircraft Collateral to be deregistered with the FAA or the Aviation Authority of any Permitted Foreign Jurisdiction (i) at any time that Domestic Aircraft Collateral NOLV is less than $75,000,000, or (ii) if at any time Domestic Aircraft Collateral NOLV shall be less than $75,000,000 upon deregistration of any such Aircraft with the FAA or Permitted Foreign Jurisdiction.
State of Registration. Ireland (or such other jurisdictions as Agent shall consent to in writing). Insurances: [*] [*] [*] [*] [*] Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.
State of Registration. State of predominate use of the goods.
State of Registration. 3.3.1 No State of Registration may be a Prohibited Country. 3.3.2 No Aircraft may be registered in a State of Registration if as a result thereof that Aircraft or any part thereof, any Borrower Party, that Operator or any Finance Party would be in breach of any Applicable Sanction.

Related to State of Registration

  • Notice of Registration If at any time or from time to time the Company shall determine to register any of its securities, either for its own account or the account of a security holder or holders, other than (i) a registration relating solely to employee benefit plans, or (ii) a registration relating solely to a Commission Rule 145 transaction, the Company will: (i) promptly give to each Holder written notice thereof; and (ii) include in such registration (and any related qualification under blue sky laws or other compliance), and in any underwriting involved therein, all the Registrable Securities specified in a written request or requests, made within twenty (20) days after receipt of such written notice from the Company, by any Holder.

  • Absence of Registration Rights There are no persons with registration rights or other similar rights to have any securities (debt or equity) (A) registered pursuant to the Registration Statement or included in the offering contemplated by this Agreement or (B) otherwise registered by the Fund under the 1933 Act or the 1940 Act. There are no persons with tag-along rights or other similar rights to have any securities (debt or equity) included in the offering contemplated by this Agreement or sold in connection with the sale of Securities by the Fund pursuant to this Agreement.

  • Expenses of Registration All expenses incurred in connection with registrations, filings or qualifications pursuant to Sections 2 and 3, including, without limitation, all registration, listing and qualifications fees, printers, legal and accounting fees shall be paid by the Company.

  • Maintenance of Registration For a period of at least five (5) years from the Effective Date, or until such earlier time upon which the Company is required to be liquidated, the Company will use its best efforts to maintain the registration of the Units, Common Stock and Warrants under the provisions of the Exchange Act, except after giving effect to a going private transaction after the completion of an Initial Business Combination. The Company will not deregister the Units, Common Stock or Warrants under the Exchange Act (except in connection with a going private transaction after the completion of an Initial Business Combination) without the prior consent of the Representative.

  • Delay of Registration No Holder shall have any right to obtain or seek an injunction restraining or otherwise delaying any registration pursuant to this Agreement as the result of any controversy that might arise with respect to the interpretation or implementation of this Section 2.