Replaced Part definition

Replaced Part has the meaning given in the Extension Infrastructure Head- Lease. Revenue has the meaning given in clause 10.8(b). Second Party has the meaning given in clause 15.1(b).
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Replaced Part has the meaning given in the Extension Infrastructure Head- Lease.
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Replaced Part shall have the meaning provided in Section 5.4(a) of the Lease.
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Examples of Replaced Part in a sentence

  • For the purpose of these Standard Conditions the following additional definitions shall apply (such definitions to be equally applicable to both singular and plural forms of the terms defined): Exchange Parts shall mean serviceable parts that are to be sent by Seller to Buyer in exchange for a Replaced Part; Replaced Parts shall mean an unserviceable part, which will be removed from the Aircraft, then becoming an Replaced Part which will be replaced by Seller‟s Exchange Part.

  • The Replaced Part will be sent to Seller for Maintenance after which it will become a part of Seller‟s stock.

  • Thereafter full and legal title to such part shall become vested in the owner of the relevant Aircraft PROVIDED THAT full and legal title to the Replaced Part -free of all liens or encumbrances- shall after its removal from the aircraft become legally and lawfully vested into Seller.

  • If the Replaced Part returned to Seller is Beyond Economical Repair in accordance with Article 2.2.3 (E), Seller shall charge Buyer either one hundred percent (100%) of Seller‟s current list price for such Replaced Part if the Exchange Part delivered by Seller to Buyer was a new Exchange Part or eighty percent (80%) of Seller‟s current list price for such Replaced Part if the Exchange Part delivered by Seller to Buyer was in a used- serviceable condition.

  • Buyer shall deliver the Replaced Part DDP Seller‟s Facility within two (2) calendar weeks after the date of delivery of the Exchange Part by Seller to Buyer.

  • IEMA will issue competitive grants, as described in the NOFO, to Applicants that are approved for funding based upon a completed and approved application.

  • Create and implement a comprehensive outreach plan to support the goals of the organization that include connection with regional employers, education, and the community stakeholders2.

  • Without limiting the generality of the foregoing, the Grantor will execute and file such financing or continuation statements, or amendments thereto, and such other instruments or notices, as may be necessary or desirable, or as the Agent may reasonably request, in order to perfect and preserve the security interest granted or purported to be granted hereby, including with respect to any replaced Vehicle or any Replaced Part (as hereinafter defined).

  • These must associate with the variables listed in the Replaced Part Variable Names parameter.

  • Replaced Parts shall be returned by the Seller to the State as soon as possible but no later than five (5) Working Days after the Replaced Part is extracted from the Aircraft.


More Definitions of Replaced Part

Replaced Part is defined in Section 15.1(h) of the Lease.
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Replaced Part has the meaning given in the Extension Infrastructure AgreementHead-Lease.
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Related to Replaced Part

  • Replaced Bank shall have the meaning provided in Section 1.13.

  • Substantial Part means properties and assets involved in any single transaction or a Series of Related Transactions having an aggregate fair market value of more than ten percent (10%) of the total consolidated assets of the Person in question as determined immediately prior to such transaction or Series of Related Transactions.

  • Warranted Part means any Seller proprietary component, equipment, accessory or part, which is installed on an Aircraft at Delivery thereof and

  • Replacement Airframe means any airframe substituted for the Airframe pursuant to Article IV of the Trust Indenture.

  • Functionally Dependent Facility means a facility which cannot be used for its intended purpose unless it is located in close proximity to water, limited to a docking or port facility necessary for the loading and unloading of cargo or passengers, shipbuilding, or ship repair. The term does not include long-term storage, manufacture, sales, or service facilities.

  • spare part means a separate part of an EEE that can replace a part of an EEE. The EEE cannot function as intended without that part of the EEE. The functionality of EEE is restored or is upgraded when the part is replaced by a spare part;

  • Functionally dependent use means a use which cannot perform its intended purpose unless it is located or carried out in close proximity to water. The term includes only docking facilities, port facilities that are necessary for the loading and unloading of cargo or passengers, and ship building and ship repair facilities, but does not include long-term storage or related manufacturing facilities.

  • Replaced Lender shall have the meaning provided in Section 2.13.

  • Replacement Equipment means operational equipment or other parts used by Tenant to replace any of the Equipment.

  • Replacement Property means any property which is placed in service as a replacement for any item of Equipment or any Improvement previously subject to this Fee Agreement regardless of whether such property serves the same functions as the property it is replacing and regardless of whether more than one piece of property replaces any item of Equipment or any Improvement to the fullest extent that the FILOT Act permits.

  • Replaced means that pursuant to a Corporate Transaction the Award is replaced with a comparable stock award or a cash incentive program of the Company, the successor entity (if applicable) or Parent of either of them which preserves the compensation element of such Award existing at the time of the Corporate Transaction and provides for subsequent payout in accordance with the same (or a more favorable) vesting schedule applicable to such Award. The determination of Award comparability shall be made by the Administrator and its determination shall be final, binding and conclusive.

  • Replacement Aircraft means the Aircraft of which a Replacement Airframe is part.

  • Replaced Term Loans has the meaning assigned to such term in Section 9.02(c).

  • Reconstructed vehicle means every vehicle of a type required to be registered under this title

  • Substitution Amount The amount, if any, by which the Scheduled Principal Balance of a Deleted Mortgage Loan exceeds the Scheduled Principal Balance of the related Qualifying Substitute Mortgage Loan, or aggregate Scheduled Principal Balance, if applicable, plus unpaid interest thereon, any related unpaid Advances or Servicing Advances or unpaid Servicing Fees and the amount of any costs and damages incurred by the Trust Fund associated with a violation of any applicable federal, state or local predatory or abusive lending law in connection with the origination of such Deleted Mortgage Loan.

  • Replacement shall have the meaning assigned to it in Section 4.8.

  • Intimate part means the sexual organ, anus, groin, or buttocks of any person, and the breast of a female.

  • Substitution Date has the meaning specified in Paragraph 4(d)(ii).

  • Component part means covered item as listed on the “What Items are Covered?” page.

  • Replacement Assets means (1) substantially all the assets of a Person primarily engaged in a Similar Business or (2) a majority of the Voting Stock of any Person primarily engaged in a Similar Business that will become, on the date of acquisition thereof, a Restricted Subsidiary.

  • Replacement Mortgage Loan A Mortgage Loan or Mortgage Loans in the aggregate substituted by the Seller for a Deleted Mortgage Loan, which must, on the date of such substitution, as confirmed in a Request for Release, (i) have a Stated Principal Balance, after deduction of the principal portion of the Scheduled Payment due in the month of substitution, not in excess of, and not less than 90% of, the Stated Principal Balance of the Deleted Mortgage Loan; (ii) if the Replacement Mortgage Loan is a fixed rate Mortgage Loan, have a fixed Mortgage Rate not less than or more than 1% per annum higher than the Mortgage Rate of the Deleted Mortgage Loan; (iii) have the same or higher credit quality characteristics than that of the Deleted Mortgage Loan; (iv) have a Loan-to-Value Ratio no higher than that of the Deleted Mortgage Loan; (v) have a remaining term to maturity no greater than (and not more than one year less than) that of the Deleted Mortgage Loan; (vi) not permit conversion of the Mortgage Rate from a fixed rate to a variable rate; (vii) have the same lien priority as the Deleted Mortgage Loan; (viii) constitute the same occupancy type as the Deleted Mortgage Loan or be owner occupied; (ix) if the Replacement Mortgage Loan is an Adjustable Rate Mortgage Loan, have a Maximum Mortgage Rate not less than the Maximum Mortgage Rate on the Deleted Mortgage Loan, (x) if the Replacement Mortgage Loan is an Adjustable Rate Mortgage Loan, have a Minimum Mortgage Rate not less than the Minimum Mortgage Rate of the Deleted Mortgage Loan, (xi) if the Replacement Mortgage Loan is an Adjustable Rate Mortgage Loan, have a Gross Margin equal to or greater than the Gross Margin of the Deleted Mortgage Loan, (xii) if the Replacement Mortgage Loan is an Adjustable Rate Mortgage Loan, have a next Adjustment Date not more than two months later than the next Adjustment Date on the Deleted Mortgage Loan, (xiii) comply with each representation and warranty set forth in Section 7 of the Mortgage Loan Purchase Agreement and (xiv) the Custodian has delivered a Final Certification noting no defects or exceptions.

  • successor in business means any company which, as a result of any amalgamation, merger or reconstruction: (a) owns beneficially the whole or substantially the whole of the undertaking, property and assets owned by the Issuer immediately prior thereto; and (b) carries on, as successor to the Issuer, the whole or substantially the whole of the business carried on by the Issuer immediately prior thereto.

  • Substitution Period shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Project Equipment means the items of machinery, equipment or other personal property used in connection with the construction and development of the Project pursuant to the provisions hereof, and all replacements thereof and substitutions therefor made pursuant to this Agreement.

  • Repair or replacement means the restoration of vehicles, vessels, or outboard

  • Replace “Replaced” and “Replacement” shall have correlative meanings.