RSP Materials definition

RSP Materials means products and services sourced from RSPs.
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RSP Materials means products and services sourced from RSPs. “RSPs” shall mean revenue share participants that have entered into a revenue share participant program (which is a risk and revenue-sharing program), the terms of which are set forth in joint contractual arrangements between such participants and GE (or BH solely with respect to the BH Booster RSP), and pursuant to which such participants design, develop, manufacture, sell or support parts or component parts of the LM Products, Spare Parts and Services, and each of such participants, among other things, funds its share of effort on such program, assumes the corresponding risks and rewards, and receives compensation from sales of such LM Products, Spare Parts and Services based upon such participant’s share of such program. “Scheduled Delivery Date” shall have the meaning set forth in Section 7.01(c)(iii). “Security Incident” shall have the meaning set forth in Section 6.05(k). “Serial Defect” shall have the meaning set forth in Section 8.03(a)(v)(A).
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Examples of RSP Materials in a sentence

  • No costs associated with RSP Materials shall be included in any GE Aviation revenues, Cost Baseline, or Applicable Price hereunder.

  • BHGE shall pay GE Aviation for all RSP Materials at a price equal to the RSP Materials price (gross of any RSP contractual management fees (i.e.: deductions or drags)).

  • For the avoidance of doubt, GE Aviation will not charge BHGE any Margin Percentage on RSP Materials.

  • ADGTJV shall pay GE Aerospace for all RSP Materials at a price equal to the RSP Materials price (gross of any RSP contractual management fees (i.e.: deductions or drags) as set forth in Section 7.06(a)).

  • For the avoidance of doubt, GE Aerospace will not charge ADGTJV any Margin Percentage on RSP Materials.

  • Further, no costs associated with RSP Materials, liquidated damages or warranty shall be included in any such costs.

  • The term “Non-Common LM Products and Services” shall mean all LM Products, Spare Parts and Services that at the time of publication of the applicable GE Aerospace Price Catalog are being sold or provided by GE Aerospace exclusively to the ADGTJV for the JV Field of Use (i.e.: and not sold or provided in the marine, aviation or any other field of use or channel), but all LM engines, Strategic Suppliers and RSP Materials are expressly excluded from this definition.

  • For clarity, (i) Product Cost does not include any RSP Materials costs or internal GE Aerospace profit or mark-up and (ii) any Product Costs which are not directly attributable to GE Aerospace’s aeroderivative product line (excluding its Marine product line) shall only be included in the Product Cost on a pro rata basis based on the amount attributable to such aeroderivative product line (excluding such Marine product line).

  • No costs or fees associated with RSP Materials shall be included in any Cost Baseline or Applicable Price.