Examples of Engine Life Limited Parts Reserve in a sentence
A separate Engine Life Limited Parts Reserve shall be established and maintained separately for each Engine and the same shall not be cumulated or netted.
The Engine Life Limited Parts Reserve rate set forth in paragraph 2B shall be revised on 1 June of each calendar year of the Lease Term so that it equals the sum of the then current cost per Cycle of each Engine Life Limited Part of each Engine.
Maintenance Reserves maintained by Lessor with respect to such Engine shall be allocated to the Engine Reserve and Engine Life Limited Parts Reserve maintained with respect to the Replacement Engine.
Lessee agrees to pay to Lessor within ten (10) days following the last day of each Rent Period (the "Prior Period," provided that, at the end of the first Rent Period, the Prior Period shall mean the Delivery Date up to the last day of the first Rent Period) during the Term an amount equal to * times the number of Cycles of operation during such Prior Period for each Engine (each, an "Engine Life Limited Parts Reserve" and collectively, the "Engine Life Limited Parts Reserves").
A separate Engine Life Limited Parts Reserve shall be established and maintained with respect to each Engine.