New Engine Option definition

New Engine Option has the meaning set forth in Clause 2.1 hereof.
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New Engine Option has the meaning set forth in Clause 2.3 hereof. Inexcusable Delay has the meaning set out in Clause 11.1. Operator- any operator of an Aircraft following Delivery hereunder. Xxxxx and Xxxxxxx (or PW) – Xxxxx and Whitney, the manufacturer of the Xxxxx & Xxxxxxx PW1100G series Propulsion Systems Predelivery Payment - any payment made against the Final Contract Price of an Aircraft according to the schedule set forth in sub-Clause 6.2.2 of this Agreement. Predelivery Payment Reference Price - as defined in sub-Clause 6.2.3 of this Agreement. Propulsion Systems – for the A319 NEO Aircraft, the A320 NEO Aircraft and the A321 NEO Aircraft, any of (i) the set of two (2) CFMI LEAP-X series engines, including associated standard equipment, installed on such Aircraft on delivery or (ii) the set of two (2) PW1100G series engines including associated standard equipment, installed on such Aircraft on Delivery, in each case as set out in sub-Clause 2.4 hereof and selected as per sub-Clause 4.1.4 hereof.
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New Engine Option has the meaning set forth in Clause 2.1.2 of Amendment No. 11. A320/A330 PA – LATAM – Amdt. 23 – CT1242567- 04/2016 Page 5 of 21 “[***]” This information is subject to confidential treatment and has been omitted and filed separately with the commission.
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Examples of New Engine Option in a sentence

  • While Airbus orders decreased 41% from its very successful 2011 (due to the launch of the new, more fuel efficient Airbus A320 New Engine Option or A320 NEO), Boeing registered significant orders in 2012 (a 33% increase from the previous year) due to the launch of the new, more fuel efficient Boeing 737 MAX.

  • This includes models of the Boeing 787-800 and 747-8, the Airbus A350XWB-900 and the Airbus A320 NEO (New Engine Option) family.

  • Tickets from Frontier can be purchased directly from the Volaris’ website.Purchase of 80 A320 New Engine Option (“NEO”) aircraftOn December 28, 2017, the Company amended the agreement with Airbus, S.A.S. (“Airbus”) for the purchase of 80 A320NEO family aircraft to be delivered from 2022 to 2026, to support the Company’s targeted growth markets in Mexico, United States and Central America.

  • A320 Family NEO Base Period – as defined in Clause 3.1.1.4. A320 NEO Aircraft – any or all of the A320-200 model aircraft incorporating the New Engine Option sold by the Seller and purchased by the Buyer pursuant to this Agreement, including the A320 NEO Airframe and all components, equipment, parts and accessories installed in or on such aircraft and the applicable A320 NEO Propulsion System installed thereon upon Delivery.

  • A319 NEO Aircraft – any or all of the A319-100 model aircraft incorporating the New Engine Option sold by the Seller and purchased by the Buyer pursuant to this Agreement, including the A319 NEO Airframe and all components, equipment, parts and accessories installed in or on such aircraft and the applicable A319 NEO Propulsion System installed thereon upon Delivery.

  • Guaranteed future value if you choose to hand back the vehicle at the end of the contract.

  • CEB also has an existing order for thirty-two(32) Airbus A321 NEO (New Engine Option) aircraft with options for a further ten Airbus A321 NEO.

  • Not damage surrounding structure or adjacent systems, equipment, or electrical wiring from corrosive fluids or SUMMARY: These special conditions are issued for the Airbus Model A330–841 and A330–941 New Engine Option (A330neo) airplanes.

  • The A320 family aircraft fitted with new engines were named as NEO (New Engine Option) and the rest were named as CEO (Current Engine Option).

  • Encumbrances (e.g., purchase orders, contracts) outstanding at year end are reported as reservations of fund balances and do not constitute expenditures or liabilities because the commitments will be re-appropriated and honored during the subsequent year.


More Definitions of New Engine Option

New Engine Option has the meaning set forth in Clause 2.1.2 of Amendment No.9.
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New Engine Option has the meaning set forth in Clause 2.3 hereof. Inexcusable Delay has the meaning set out in Clause 11.1. Operator- any operator of an Aircraft following Delivery hereunder. Xxxxx and Xxxxxxx (or PW) – Xxxxx and Whitney, the manufacturer of the Xxxxx & Xxxxxxx PW1100G series Propulsion Systems Predelivery Payment - any payment made against the Final Contract Price of an Aircraft according to the schedule set forth in sub-Clause 6.2.2 of this Agreement.
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Related to New Engine Option

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Substitute Option means an Option granted in substitution for, or upon the conversion of, an option granted by another entity to purchase equity securities in the granting entity.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Replacement Option has the meaning set forth in Section 3.06.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Option means a stock option granted pursuant to the Plan.

  • Approved 102 Option means an Option granted pursuant to Section 102(b) of the Ordinance and held in trust by a Trustee for the benefit of the Optionee.

  • Renewal Option has the meaning set forth in §12.1.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Director Option means an Option granted pursuant to Section 6.

  • Option Closing Date shall have the meaning ascribed to such term in Section 2.2(c).

  • Stock Index Option means an exchange traded option entitling the holder, upon timely exercise, to receive an amount of cash determined by reference to the difference between the exercise price and the value of the index on the date of exercise.

  • Tandem Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is granted in tandem with an Option Right.

  • Replacement Options has the meaning ascribed thereto in Section 1.1 of the Plan of Arrangement;

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Share Option Scheme ’ means the share option scheme adopted by the Company on

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • Performance Option means an Incentive Stock Option or Nonqualified Stock Option, the grant of which or the exercisability of all or a portion of which is contingent upon the attainment of specified Performance Measures within a specified Performance Period.

  • ISO means an employee incentive stock option described in Section 422(b) of the Code.

  • Employee Option means an Option granted pursuant to Section 5.

  • Option B has the meaning assigned that term in Section 8.03(e).

  • Option Style “Modified American”, as described under “Procedures for Exercise” below Option Type: Call Buyer: Counterparty Seller: Dealer

  • Share Option Plan means any equity incentive plan of the General Partner, the General Partner Entity, the Partnership and/or any Affiliate of the Partnership.

  • Option Notice has the meaning set forth in Section 5.2(a).