Spare Engine Ratio definition

Spare Engine Ratio means the ratio of the total quantity of Spare Engines to the total quantity of installed Engines on the Firm Aircraft and Leased Aircraft.
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Spare Engine Ratio means the percent of Firm Spare Engines to Engines installed on Frontier Aircraft. [***]
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Spare Engine Ratio means the ratio, expressed as a percentage, of Applicable Firm Spare Engines to Applicable FMP Engines originally installed (or installed as a replacement for any such Applicable FMP Engine) on Applicable Aircraft. Frontier Spare Engine and Intermix Agmt (07-23-2025) Final Distribution.docx Page 14
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Examples of Spare Engine Ratio in a sentence

  • The Spare Engine Purchase Price Credit set forth below is applicable only for those Spare Engine purchases necessary for Airline to achieve the Spare Engine Ratio.

  • As CFM has made this Spare Engine Support Plan available to Airline to assist Airline to achieve, and maintain, the Spare Engine Ratio, if Airline sells a Spare Engine on which the Spare Engine Purchase Price Credit has been applied or ceases to use such Engine as a Spare Engine, within ***** of delivery of such Engine to Airline, this Spare Engine Purchase Price Credit agreement will be deemed terminated.

  • As CFM has made this Spare Engine Support Plan available to Airline to assist Airline to achieve, and maintain, the Spare Engine Ratio, if Airline sells a Spare Engine on which the Spare Engine Purchase Price Credit has been applied or ceases to use such Engine as a Spare Engine, within *****of delivery of such Engine to Airline, this Spare Engine Purchase Price Credit agreement will be deemed terminated.