Substitution of equipment definition

Substitution of equipment means a substitution of type of aircraft from that scheduled according to the flight timetable schedule, a Flight Attendant's published schedule or from the Daily Flight Schedule.
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Substitution of equipment. Notwithstanding any provision herein or in the Master Lease to the contrary. Lessee shall have the right at any time during the term of the Lease to deliver to Lessor a written request that Lessor accept as substitute collateral, equipment that (1) has a then fair market value equal to or greater than the then fair market value of the Equipment being substituted, as determined by Lessor in its sole reasonable discretion, and (2) satisfies all the other representations and warranties with respect to the Equipment that are set forth herein and in the Master Lease. If Lessor determines that the substitute equipment meets the preceding requirements, Lessor shall so notify Lessee. Lessee shall execute and deliver to Lessor such filings and documents as Lessor shall reasonably require with respect to the substitution and the substitute equipment, including without limitation financing statements or amendments thereto for filing in appropriate jurisdictions to perfect and protect Lessor's interest in the substitute equipment. Lessee shall pay any and all costs and expenses reasonably incurred by Lessor in connection with the substitution including without limitation the cost of any lien searches reasonably required by Lessor to ascertain that the substitute equipment is free and clear of all liens and encumbrances. When Lessor has determined that it has a perfected, first priority security interest in the substitute equipment, such equipment shall become Equipment for all purposes hereunder and under the Master Lease and the substituted Equipment shall be released from the lien of the Master Lease.
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Examples of Substitution of equipment in a sentence

  • Substitution of equipment, articles or materials for specified items or approved alternates after bid opening may not be made without the prior written approval of the Architect or Engineer.

  • Substitution of equipment and substation configurations shall be identified and justified by the project owner for CPM approval.

  • Replacement or Substitution of equipment by Contractor If Contractor, in an attempt to improve the level of performance, replaces or substitutes equipment or Service that meets all of the Contract requirements, such replacement or substitution shall be at no cost to the State.

  • Substitution of equipment offered on ATTACHMENT A will NOT be considered by the Town prior to equipment evaluation and/or the issuance of the Notice of Contract Award.

  • Substitution of equipment shall be in accordance with Division 01 of the specifications.

  • Substitution of equipment not carried on board from the warning signal of the first race of that day, will not be allowed without prior approval by the race officer.

  • Substitution of equipment and substation configurations shall be identified and justified by the project owner for CBO approval.

  • Substitution of equipment or materials will cause no change in the Contract Time or in the amount of liquidated damages in the Contract Documents.

  • Substitution of equipment or materials after the award will not be permitted.

  • Substitution of equipment on which information or pricing are specifically requested as part of this ITB will not be allowed.

Related to Substitution of equipment

  • Replacement Airframe means an Airbus A321 aircraft or a comparable or improved model of Manufacturer (except (a) Engines or engines from time to time installed thereon and any and all Parts related to such Engine or engines and (b) Excluded Equipment), that shall have been made subject to the Lien of the Indenture pursuant to Section 7.05 thereof, together with all Parts relating to such aircraft.

  • Replacement Equipment means operational equipment or other parts used by Tenant to replace any of the Equipment.

  • Fixed Equipment means any property affixed in any way to the Licensed Premises existing at the time Notice to Proceed is given, whose removal would damage the Licensed Premises.

  • Replacement Aircraft means the Aircraft of which a Replacement Airframe is part.

  • Replacement Property means any property which is placed in service as a replacement for any item of Equipment or any Improvement previously subject to this Fee Agreement regardless of whether such property serves the same functions as the property it is replacing and regardless of whether more than one piece of property replaces any item of Equipment or any Improvement to the fullest extent that the FILOT Act permits.

  • Substitute Aircraft Has the meaning specified in the NPA.

  • Building Equipment shall have the meaning set forth in the Security Instrument.

  • Distributor’s Equipment means the Fittings and Metering Equipment owned by the Distributor, the Distributor’s agent, or any other third party with whom the Distributor has contracted with for the use by the Distributor of the party’s Fittings or Metering Equipment that are from time to time installed in, over or on Consumer’s Premises;

  • Additional Equipment means equipment that is not factory fitted in the Vehicle, including but not limited to navigation equipment (GPS), baby seat, bicycle rack etcetera;

  • Leased Equipment means the equipment which may include but not limited to modem provided by TM on lease basis to enable usage of the Service by the Customer, as may be decided by TM from time to time at its sole discretion.

  • Control equipment means equipment necessary for the setting and/or unsetting of an immobilizer.

  • Item of Equipment means each item of the Equipment.

  • Substitute Improvements means the substitute or additional improvements of the Issuer described in Article V hereof.

  • Rental Equipment means the equipment identified on the Service Agreement and Order Schedule or otherwise notified to you in writing that we will rent to you as part of our provision of the Services and which you will return to us after expiry or termination of the Agreement, subject to the provisions of this Agreement.

  • Airframe means the Aircraft excluding the Propulsion Systems.

  • Standard equipment means the basic configuration of a vehicle which is equipped with all the features that are required under the regulatory acts of the Contracting Party including all features that are fitted without giving rise to any further specifications on configuration or equipment level.

  • Optional equipment means all the features not included in the standard equipment which are fitted to a vehicle under the responsibility of the manufacturer, and that can be ordered by the customer.

  • airframes means airframes (other than those used in military, customs or police services) that, when appropriate aircraft engines are installed thereon, are type certified by the competent aviation authority to transport:

  • Repair or replacement means the restoration of vehicles, vessels, or outboard

  • Service Equipment means any equipment, Software, systems, cabling and facilities provided by or on behalf of Verizon and used to facilitate provision of the Services at a Customer Site. Ownership of the Service Equipment does not pass to Customer. Service Equipment does not include Verizon Facilities.

  • Accessory equipment means any equipment associated with the installation of a wireless telecommunications facility, including but not limited to cabling, generators, fans, air conditioning units, electrical panels, equipment shelters, equipment cabinets, equipment buildings, pedestals, meters, vaults, splice boxes, and surface location markers.

  • Metering Equipment means all metering equipment installed at the metering points designated in the appropriate appendix to an Interconnection Service Agreement. Minimum State of Charge:

  • Associated equipment means equipment that is used in conjunction with a radiographic exposure device to make radiographic exposures that drives, guides, or comes in contact with the source, e.g., guide tube, control tube, control (drive) cable, removable source stop, “J” tube and collimator when it is used as an exposure head.

  • Farm equipment means equipment used directly for farming

  • Existing Equipment means equipment, machines, devices or installations that are in operation prior to September 23, 1970.

  • Fuel burning equipment means any furnace, boiler, apparatus, stack and all associated equipment, used in the process of burning fuel.