Rotable Parts Sample Clauses

Rotable Parts. GE may issue compatible parts from GE's Rotable Parts inventory to replace Copa's parts requiring repair. Copa agrees to accept compatible Rotable Parts that are updated to the then-current Service Bulletin baseline used by the majority of GE's customers. Repairable parts removed from the Engine and replaced by GE's Rotable Parts inventory will be repaired by GE or a third party, at GE's option. Any Rotable Part which replaces a Copa part shall meet or exceed the modification standard of the Copa part.
Sample 1
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Rotable Parts. Supplier may issue compatible parts from Supplier’s Rotable Parts inventory to replace Customer’s parts requiring repair. Customer agrees to accept compatible Rotable Parts that are updated to the then-current Service Bulletin baseline used by the majority of Supplier’s Customers. Repairable parts removed from an Aircraft and replaced by Supplier’s Rotable Parts inventory will be repaired by Supplier or a third party, at Supplier ‘s option.
Sample 1
Rotable Parts. GE may issue compatible parts from GE’s Rotable Parts inventory to replace Customer’s parts requiring repair. Customer agrees to accept compatible Rotable Parts that that meets or exceeds the Customer Repair Specification requirements. Repairable parts removed from the Engine and replaced by GE’s Rotable Parts inventory will be repaired by GE or a third party, at GE’s option, and at GE’s expense when in conjunction with a covered MCPH Shop Visit.
Sample 1
Rotable Parts. The Initial Determinations for Rotable Parts will be based on the assumptions set forth below, and the Asset Values to be calculated at each of the Closing Determination and Final Determination for Rotable Parts will be determined as set forth below. i. Such Rotable Part is complete, with all parts and accessories (based on the specified configuration) attached and with all applicable Required Documents included. If such Rotable Part is missing parts or Required Documents and Seller cannot replace such parts or Required Documents, then Buyer may exclude such Rotable Part from the Included Assets. If Buyer elects to exclude such item, then the Aggregate Asset Value at the Closing Determination and the Final Determination shall not include the Initial Determination with respect to such Rotable Part. ii. Unless otherwise specified on the Tangible Asset List, such Rotable Part is in a certain condition which is specified in the “STANDARDIZED COND” column (“3. Rotables”) by one of the following codes in accordance with Seller’s maintenance program (each a “Condition Code”): (a) “NE” meaning new condition; (b) “OH” meaning overhauled condition; (c) “SV” meaning serviceable condition; (d) “AR” meaning as removed; or (e) “BER” meaning beyond economic repair. Each Rotable Part has a set value by part number specified in the “MASTERPARTNUMBER” column (“3. Rotables”) depending on the Condition Code of the applicable Rotable Part. For purposes of the Initial Determination, the value of each respective part is based on its respective Condition Code as provided in the “VAL EA” column (“3. Rotables”). Each Rotable Part will have all applicable records and documentation in accordance with Seller’s maintenance program to confirm the Condition Code. If as of the Closing Determination, such Rotable Part has changed its applicable Condition Code in accordance with Seller’s maintenance program from the Condition Code as of the Initial Determination, then, for purposes of the Closing Determination the Asset Value of such Rotable Part will be adjusted to reflect its then current Condition Code as reflected in the relevant “VAL EA” column (“3. Rotables”), provided, however, that if no price is specified in the Tangible Asset List for such Rotable Part applicable to such then-current Condition Code, then Buyer may elect to include such Rotable Part as a Reappraisal Item. The process described in the immediately preceding sentences shall be repeated for the purposes of the Final De...
Sample 1

Related to Rotable Parts

  • Spare Parts 14.1 As specified, the supplier may be required to provide any or all of the following materials, notifications, and information pertaining to spare parts manufactured or distributed by the supplier: (a) such spare parts as the purchaser may elect to purchase from the supplier, provided that this election shall not relieve the supplier of any warranty obligations under the contract and; (b) In the event of termination of production of the spare parts: (i) advance notification to the purchaser of the pending termination, in sufficient time to permit the purchaser to procure needed requirements and; (ii) Following such termination, furnishing at no cost to the purchaser, the blueprints, drawings, and specifications of the spare parts, if requested.

  • Replacement Parts Replacement parts for goods purchased by Buyer are for the purpose of this Section defined as “Parts” (and are also considered “goods” under this Order). Unless specified otherwise by Buyer in writing, Supplier shall provide Parts (or upon Buyer’s written consent, an alternative replacement part that provides the same form, fit and function as the Part(s)) for a period of twenty (20) years after production of the goods (into which the applicable Parts are incorporated) ceases. Supplier shall continue to supply such Parts past the twenty (20) year period if Buyer orders at least twenty (20) Parts per year during such twenty-year period. The prices for any Parts purchased in the first two (2) years of the twenty-year period shall not exceed those prices in effect at the time production of the goods ceases, and no set up charges shall be permitted by Supplier or paid by Xxxxx during this two-year period. Thereafter, the prices for Parts shall be negotiated based on Supplier’s actual cost of production of such Parts plus any special packaging costs. No minimum order requirements shall apply unless the parties mutually agree in advance. After the end of the twenty-year period, Supplier shall continue to maintain in good working condition all Supplier-owned tooling required to produce the Parts and shall not dispose of such tooling without offering Buyer the right of first refusal to purchase such tooling.

  • REPAIRED OR REPLACED PARTS / COMPONENTS Where the Contractor is required to repair, replace or substitute Product or parts or components of the Product under the Contract, the repaired, replaced or substituted Products shall be subject to all terms and conditions for new parts and components set forth in the Contract including Warranties, as set forth in the Additional Warranties Clause herein. Replaced or repaired Product or parts and components of such Product shall be new and shall, if available, be replaced by the original manufacturer’s component or part. Remanufactured parts or components meeting new Product standards may be permitted by the Commissioner or Authorized User. Before installation, all proposed substitutes for the original manufacturer’s installed parts or components must be approved by the Authorized User. The part or component shall be equal to or of better quality than the original part or component being replaced.

  • Spares Boeing will revise, as applicable, the customized Recommended Spares Parts List (RSPL) and Illustrated Parts Catalog (IPC).

  • Parts In the case of loss of or damage to any part of the insured property whether scheduled or unscheduled, consisting, when complete for use, of several parts, the Insurer is not liable for more than the insured value of the part lost or damaged, including the cost of installation.

  • Containers The marine and intermodal cargo containers either owned or leased by the Borrower and employed by the Borrower in the conduct of its business, including, without limitation, refrigerated, dry van, tank, open top and flat rack containers and refrigeration units and generator sets associated therewith, but excluding any chassis for such containers.

  • First Aid Attendants a) Designated First Aid Attendants shall receive their job rate of pay plus the Ticket Premium rate. All other employees holding valid First Aid Tickets shall receive a premium of five cents (5¢) per hour over and above their job rate. There shall be no stacking or pyramiding of premiums. b) Where a company is paying a bonus or premium(s) greater than set out above, it shall keep such policy in effect. c) Effective July 1, 1994, premiums for designated First Aid Tickets shall be: Xxxxx 0 - $0.85 per hour Xxxxx 0 - $0.50 per hour

  • Removal of parts The Borrower shall not remove any material part of the Ship, or any item of equipment installed on the Ship, unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender and becomes on installation on the Ship the property of the Borrower and subject to the security constituted by the Mortgage Provided that the Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the Ship.

  • Loop Provisioning Involving Integrated Digital Loop Carriers 2.6.1 Where Xxxx has requested an Unbundled Loop and BellSouth uses IDLC systems to provide the local service to the End User and BellSouth has a suitable alternate facility available, BellSouth will make such alternative facilities available to Xxxx. If a suitable alternative facility is not available, then to the extent it is technically feasible, BellSouth will implement one of the following alternative arrangements for Xxxx (e.g. hairpinning): 1. Roll the circuit(s) from the IDLC to any spare copper that exists to the customer premises. 2. Roll the circuit(s) from the IDLC to an existing DLC that is not integrated. 3. If capacity exists, provide "side-door" porting through the switch. 4. If capacity exists, provide "Digital Access Cross Connect System (DACS)- door" porting (if the IDLC routes through a DACS prior to integration into the switch). 2.6.2 Arrangements 3 and 4 above require the use of a designed circuit. Therefore, non- designed Loops such as the SL1 voice grade and UCL-ND may not be ordered in these cases. 2.6.3 If no alternate facility is available, and upon request from Xxxx, and if agreed to by both Parties, BellSouth may utilize its Special Construction (SC) process to determine the additional costs required to provision facilities. Xxxx will then have the option of paying the one-time SC rates to place the Loop.

  • Accessories, Spare Parts and Tools Accessories, spare parts and tools dispatched with a piece of equipment, machine, apparatus or vehicle, which are part of the normal equipment and included in the price thereof or which are not separately invoiced, shall be regarded as one with the piece of equipment, machine, apparatus or vehicle in question.

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