APU Payments definition

APU Payments has the meaning provided in Section 3.5.
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Examples of APU Payments in a sentence

  • Owner Participant shall maintain records reflecting receipt of Airframe Payments, the Engine Payments for each Engine, the APU Payments and the Gear Payments and amounts paid under this clause (c).

  • In addition to the Basic Rent required to be paid for the Aircraft pursuant to Article 3(b), Lessee shall pay to Lessor the Airframe Payments, Performance Restoration Payments, Engine Life-Limited Parts Payments, and APU Payments (collectively, the "Maintenance Payments") set forth in the first paragraph of paragraph 5 of Schedule "1" hereto.

  • If the APU undergoes "off the fuselage" maintenance (as hereinafter defined) pursuant to Lessee's Maintenance Program performed by an Approved Maintenance Performer approved by Lessor, subject to the last sentence of this clause (D), Lessor will reimburse Lessee, from the APU Payments paid to Lessor by Lessee as of the date such maintenance is completed, for the actual cost incurred by Lessee for such off the fuselage maintenance.

  • The amount of the Airframe Payments, Engine Life-Limited Parts Payments, and APU Payments is based on the assumed annual utilization of 3,600 Flight Hours and an average annual sector flight time of 5.0 Flight Hours.

  • Lessor will make such APU Payments available to Lessee for the cost of off the fuselage maintenance of the removed APU: (x) when Lessee reinstalls such APU in the Airframe following such maintenance or (y) when Lessee replaces such APU with an auxiliary power unit that meets all requirements of this Lease, including Article 6 hereof (determined immediately after such off the fuselage maintenance of the removed APU and on the assumption that the removed APU had been reinstalled in the Airframe).

  • In addition to the Basic Rent required to be paid for the Aircraft pursuant to Article 3.2, Lessee shall pay to Lessor the ▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇▇▇▇ Payments, Performance Restoration Payments, Engine Life-Limited Parts Payments, APU Payments and Landing Gear Payments (collectively, the “Maintenance Payments”) set forth in paragraph 5 of Schedule “1” hereto.

  • If the APU undergoes a heavy repair shop visit (as defined by the APU manufacturer) pursuant to the Maintenance Program, subject to the penultimate sentence of this clause (v), Lessor will pay Lessee the APU Payments referred to in paragraph 9(v) of Schedule “1” hereto.

  • The amount of the Airframe Payments, Engine Life-Limited Parts Payments, APU Payments and Landing Gear Payments is based on the assumed annual utilization of 3,700 Flight Hours and an average annual sector flight time of 5.0 Flight Hours.

  • In addition to the Basic Rent required to be paid for the Aircraft pursuant to Article 3(b), Lessee shall pay to Lessor the Airframe Payments, Performance Restoration Payments, Engine Life-Limited Parts Payments, APU Payments and Landing Gear Payments (collectively, the "Maintenance Payments") set forth in the first paragraph of paragraph 4 of Schedule "1" hereto.

Related to APU Payments

  • Passthru payments means any withholdable payment and any "foreign passthru payment," which is currently not defined. The current proposed FATCA regulations (“Proposed Regulations”) state that the Internal Revenue Service and the U.S. Treasury have determined, that withholding on “foreign passthru payments” is not required, pending further guidance and analysis. The Proposed Regulations provide that such withholding will not be effective before the date that is two years after the publication of final regulations defining the term “foreign pass-thru payment”.

  • FILOT Payments means the amount paid or to be paid in lieu of ad valorem property taxes as provided herein.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • Earnout Payments has the meaning set forth in Section 2.2(a).

  • Service payments means payments to the private entity of a qualifying project pursuant to a service contract.