Spares Contingency definition
Spares Contingency means the amount set out in the Contract to cover the costs of any New Parts required when performing the Services or, if no amount is set out in the Contract, an amount of $750.00 CAD.
- Home
- Dictionary
- Spares Contingency
Related to Spares Contingency
Borrowing Base Deficiency means, at any date on which the same is determined, the amount, if any, that (a) the aggregate Covered Debt Amount as of such date exceeds (b) the Borrowing Base as of such date.