Priority Search Certificate definition
Priority Search Certificate shall have the meaning set forth in the regulations adopted pursuant to the Cape Town Convention.
Priority Search Certificate shall have the meaning assigned to the term “priority search certificate” in the regulations issued on October 26, 2005 pursuant to Article 17(2)(d) of the Convention and Article XVIII of the Aircraft Protocol.
Examples of Priority Search Certificate in a sentence
Any Priority Search Certificate obtained by the Escrow Agent from the International Registry with respect to the Airframe and the Engines shall identify the Purchaser and the Seller as having the benefit of the search.
Immediately after closing, but on the date hereof, Lender shall receive a Priority Search Certificate from the International Registry addressed to Lender evidencing that its International Interest in the Aircraft and any Associated Rights has been duly registered therein and is searchable.
Any Priority Search Certificate obtained by the Escrow Agent from the International Registry with respect to an Aircraft shall identify the Purchaser and the Seller as having the benefit of the search.