Spare Parts Inventory. To ensure availability of spare parts in accordance with published lead time, spare parts provisioning maintains a modern, comprehensive requirements planning and inventory management system which is responsive to changes in Spirit’s demand, special support programs and engineering design. Organized on an engine model basis, this system is intended to maintain part availability for delivery to customers consistent with published lead times. A majority of parts in the spare parts inventory are continually controlled by an Automatic Forecasting and Ordering System. Those parts which do not lend themselves to automatic control due to supercedure, unusual usage or conversion requirements are under the direct manual control of Spares Planning personnel. As additional protection against changes in production lead time or unpredicted demand, certain raw materials are also inventoried. Successful inventory management is keyed to accurate requirements planning. In support of the requirements planning effort, a wide ranging data retrieval and analysis program is offered. This program concerns itself both with the customer logistics and technical considerations as follows: • Forecasts of life limited parts requirements are requested and received semi-annually from major customers. Based on the size of Spirit’s order, Spirit shall be considered a major customer. • Engine technical conferences are held frequently within IAE to assess the impact of technical problems on parts. • For a selected group of parts a provisioning conference system is offered which considers actual part inventory change, including usage and receipts, as reported monthly by participating customers. *****Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 5.1.5 Packaging All material is packaged in general compliance with Air Transport Association of America (ATA) Specification No. 300.
Spare Parts Inventory. The pricing set forth in Sections 7.1.1, 7.1.2 --------------------- and 7.1.3 does not include an inventory of spare and replacement parts. HOC agrees to create and pay for an initial inventory of spare and replacement parts at each of the HOC Properties, the size and contents of which shall be specified in the applicable Service and Maintenance Agreement. For so long as HOC has a Service and Maintenance Agreement in effect at an HOC Property, HOC shall have no obligation to restock the inventory of spare and replacement parts at such HOC Property. Instead MIKN shall replenish such inventory at its sole expense in accordance with the Service and Maintenance Agreement.
Spare Parts Inventory. (a) Seller shall provide and include in the Purchase Price all spares and consumables necessary for the complete performance of the Work through Final Acceptance and through the Acceptance Period. Such spares and consumables shall be located at Site and immediately available to ensure all works, testing and reliability testing continues unimpeded by such unavailability of onsite spares and consumables.
Spare Parts Inventory. To ensure availability of spare parts in accordance with published lead time, spare parts provisioning maintains a modern, comprehensive requirements planning and inventory management system which is responsive to changes in customer demand, special support programs and engineering design. Organized on an engine model basis, this system is intended to maintain part availability for delivery to customers consistent with published lead times. A majority of parts in the spare parts inventory are continually controlled by an Automatic Forecasting and Ordering System. Those parts which do not lend themselves to automatic control due to supercedure, unusual usage or conversion requirements are under the direct manual control of Spares Planning personnel. As additional protection against changes in production lead time or unpredicted demand, certain raw materials are also inventoried. Successful inventory management is keyed to accurate requirements planning. In support of the requirements planning effort, a wide ranging data retrieval and analysis program is offered. This program concerns itself both with the customer logistics and technical considerations as follows: - Forecasts of life limited parts requirements are requested and received semi-annually from major customers. . - Engine technical conferences are held frequently within IAE to assess the impact of technical problems on parts. - For a selected group of parts a provisioning conference system is offered which considers actual part inventory change, including usage and receipts, as reported monthly by participating customers.
Spare Parts Inventory. Prior to Closing, Jay Xxxomotive Group will amend its federal income tax returns for tax years 1994, 1995 and 1996, and will prepare and file its federal income tax return for 1997, to reflect the spare parts inventory adjustments, and the tax year allocations of those adjustments, made by Ernst & Young. If the Closing does not occur for any reason, Sunbelt Automotive Group and Boomxxxxxxx Xxxomotive Group will reimburse Jay Xxxomotive Group for the difference between (i) the interest paid by Jay Xxxomotive Group as a result of the allocation of the spare parts inventory adjustments to the 1994, 1995 and 1996 amended federal tax returns and (ii) the interest which would have been paid by Jay Xxxomotive Group if the spare parts inventory adjustments had all been allocated to Jay Xxxomotive Group's 1997 federal tax return. 51 4. Hart-Xxxxx-Xxxxxx Xxxings. As we discussed, each party to our transaction must file a separate Hart-Xxxxx-Xxxxxx Xxxification and Report Form. We will assist you in completing the Form to be filed for Jay Xxxomotive Group by providing whatever information you may need. In addition, we will sign the Certification which appears at the end of the Form, and an affidavit in substantially the form of the attached affidavit. I understand that the Hart-Xxxxx-Xxxxxx Xxxms should be filed by March 31, 1998. Sunbelt Automotive Group and Boomxxxxxxx Xxxomotive Group agree to indemnify Jay Xxxomotive Group and me, pursuant to Article 9 of the Stock Purchase Agreement, against any liability arising out of the information contained in the Hart-Xxxxx-Xxxxxx Xxxification and Report Form as well as all other matters involving the Sunbelt IPO, including any actions performed by Jay Xxxomotive Group or me, on behalf of B.A.G. or S.A.G. at their direction.
Spare Parts Inventory. From the Effective Date until the Closing, Purchaser shall maintain inventory levels of spare parts of the Plants and any related support facilities, including equipment, tools, goods and supplies, in the ordinary course of business, and shall not engage in any adverse distinction or undue discrimination against the Plants, including, but not limited to, the build-up of Spare Parts Inventory to levels that are not consistent with practices at other generating facilities owned and operated by Purchaser.
Spare Parts Inventory. The supplier is obligated to keep an inventory of spare parts for goods supplied to SEW- EURODRIVE; for a minimum of five (5) years for ordered goods totaling less than 5,000 euro net per year and ten (10) years for orders totaling more than 5,000 euro net per year. This obligation to keep an inventory of spare parts shall not apply if a need for spare part supplies is not recognizable from the type of delivery.
Spare Parts Inventory. (a) Developer shall provide and include in the Contract Price all spare parts and consumables necessary for the installation, startup and commissioning of the Facility and the complete performance of the Work through Final Acceptance. Such spare parts and consumables shall be located at the Site and immediately available to Developer, Contractor and any Subcontractors to ensure that all Work, including testing and commissioning activities continue unimpeded by the absence of such onsite spare parts and consumables. PacifiCorp shall not be liable in any way for Developer’s inability to achieve Substantial Completion or Final Acceptance due to lack of any spare parts or consumables and shall not be entitled to Change Order in respect of same as to change in Contract Price or Project Schedule.
Spare Parts Inventory. The TSI Contractor will be solely responsible for maintaining an adequate inventory of Equipment, spares and consumables as set forth in the RFP (individually, “Spare” and collectively, “Spares”). SRTA shall own each Spare upon payment by SRTA to TSI Contractor (except in the event the TSI Contractor elects to utilize the initial Spares inventory during the warranty period set forth in Section 6.2 of the RFP, in which case the TSI Contractor is responsible for funding the replenishment of the inventory levels to their original quantities at no additional cost to SRTA), although TSI Contractor shall bear the risk of loss pursuant to Section 22 (Risk of Loss) of the Contract. The TSI Contractor will turn over to SRTA upon termination of the Contract the remaining inventory of Spares.
Spare Parts Inventory. To ensure availability of spare parts in accordance with published lead time, spare parts provisioning maintains a modern, comprehensive requirements planning and inventory management system which is responsive to changes in Spirit’s demand, special support programs and engineering design. Organized on an engine model basis, this system is intended to maintain part availability for delivery to customers consistent with published lead times. A majority of parts in the spare parts inventory are continually controlled by an Automatic Forecasting and Ordering System. Those parts which do not lend themselves to automatic control due to supercedure, unusual usage or conversion requirements are under the direct manual control of Spares Planning personnel. As additional protection against changes in production lead time or unpredicted demand, certain raw materials are also inventoried. Successful inventory management is keyed to accurate requirements planning. In support of the requirements planning effort, a wide ranging data retrieval and analysis program is offered. This program concerns itself both with the customer logistics and technical considerations as follows: *****Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. Page 45 of 45 Exhibit 10.1 • Forecasts of life limited parts requirements are requested and received semi-annually from major customers. Based on the size of Spirit’s order, Spirit shall be considered a major customer. • Engine technical conferences are held frequently within IAE to assess the impact of technical problems on parts. • For a selected group of parts a provisioning conference system is offered which considers actual part inventory change, including usage and receipts, as reported monthly by participating customers.
