Replacement part definition
Replacement part means either a replacement brake lining assembly type, a replacement drum brake lining type, a replacement drum brake lining, a replacement brake drum or a replacement brake disc.
Replacement part means a replacement for any of the nonmechanical sheet metal or plastic parts that generally consti- tute the exterior of a motor vehicle, including inner and outer pan- els.
Replacement part means a new or used
Examples of Replacement part in a sentence
Lessee will at its own expense take all steps and execute, and procure the execution of, all instruments as are necessary to ensure that title to any such Replacement Part passes to Owner.
Once the requirements of this clause 15.2.3 have been met and the relevant Replacement Part is installed on the Aircraft, the Removed Part shall vest in Lessee free and clear of all Lessor Liens.
Except for any temporary replacement permitted by clause 15.2.4, each replacement part installed on the Aircraft shall be a Replacement Part, provided that any Part installed at Delivery that is a non-OEM part may be replaced by a non-OEM part, provided the remaining requirements of a “Replacement Part” are satisfied.
More Definitions of Replacement part
Replacement part means any aftermarket part intended to replace an original equipment emissions-related part and which is functionally identical to the original equipment part in all respects which in any way affect emissions (including durability) or a consolidated part. (CCR Title 13 § 1900 (b) (20)).
Replacement part means an OEM part, component, furnishing, appliance, module, accessory, instrument or other item of equipment that:
Replacement part means an appliance, part, accessory, furnishing, instrument, appurtenance or other item of equipment of whatever nature (other than complete Engines or engines) which shall have been leased under the Lease and subjected to the Lien of the Lease, the Indenture and the Local Mortgage, in each case in compliance with the requirements thereof and of the other Financing Agreements.
Replacement part means an OEM part, component, furnishing, appliance, module, accessory, instrument or other item of equipment that: is serviceable and in the same or better operating condition as, and has the same or better value, utility, maintenance and modification status as the Part replaced (assuming that such Part replaced was in the condition and repair in which it is required to be maintained by the terms of this Agreement); is of the same make and model as the Part replaced or an improved or advanced version thereof; provided that any such part must be approved by the FAA and the Aviation Authority as a replacement for the Part replaced; has a valid FAA certification (Form 8130-3 tag) or EASA certification (Form 1 tag), overhaul records (if applicable), documentation of modification status and origin traceability (Back to Birth Traceability in the case of LLPs and, to the extent required by the Maintenance Program, back to the last overhaul or bench check, as applicable, in the case of all other Parts); has not been involved in an accident or incident and has not been used for military purposes; and does not impair the airworthiness or diminish the overall value of the Aircraft.
Replacement part means a component part made as warranty stock or to replace a component part of a finished good.
Replacement part means tangible personal property
Replacement part means, in respect of an Aircraft or Engine, any part installed on, incorporated in or attached to that Aircraft or Engine as a replacement part pursuant to the Operational Undertakings or the provisions of any relevant Sub-Lease and where title to that part has vested in the relevant Borrower in accordance with the Operational Undertakings or the provisions of any relevant Sub-Lease;