Fly Away Kits definition

Fly Away Kits means Spare Parts typically located on an aircraft comprised of critical, frequently used rotable and non-rotable parts for use in maintenance of aircraft.
View Source
Fly Away Kits means Spare Parts typically located on an aircraft comprised of critical, frequently used rotable and non-rotable parts for use in maintenance of aircraft.]
View Source
Fly Away Kits has the meaning assigned to such term in the Loan Agreement.
View Source

Examples of Fly Away Kits in a sentence

  • The Designated Locations identified on part (b) of Schedule 2.01 hereto or otherwise identified on a Mortgage and Security Agreement Supplement (Spare Parts) are (i) the only aircraft on which Fly Away Kits are kept from time to time and (ii) the only airports or other locations in the U.S. at which such aircraft are generally located while not in actual flight.

  • The Designated Locations identified on part (a) of Schedule 2.01 hereto or otherwise identified on a Mortgage and Security Agreement Supplement (Spare Parts) are the only locations at which Spare Parts (with a value in excess of $25,000, in the case of North American) are maintained by the Company and North American or by World LLC on the Company's behalf, other than Spare Parts in the Fly Away Kits or in transit to or from Designated Locations.

  • The Designated Locations identified on part (a) of Schedule 2.01 hereto or otherwise identified on a Mortgage and Security Agreement Supplement (Spare Parts) are the only locations at which Spare Parts are maintained by the Company or by World LLC on its behalf, other than Spare Parts in the Fly Away Kits or in transit to or from Designated Locations.

  • The Designated Locations identified on part (a) of Schedule 2.1 hereto or otherwise identified on a Mortgage and Security Agreement Supplement (Spare Parts) are the only locations at which Pledged Spare Parts are maintained, other than Spare Parts [in the Fly Away Kits or] in transit to or from Designated Locations.