Standard Exchange definition

Standard Exchange. In the case of Flightline LRU Support, means any exchange of Unserviceable equipment with a Serviceable one which is available and fully interchangeable with such Unserviceable equipment.
Standard Exchange means the exchange of an unairworthy engine, module or accessory that belongs to the Customer for an airworthy pre-owned engine, module or accessory owned by TUAG or SAFRAN HELICOPTER ENGINES. The standard exchange implies the transfer of ownership.
Standard Exchange means the replacement of a Component by another equivalent Component of at least identical level as regards remaining lifetime, technical standard, maintenance, airworthiness eligibility and released with an airworthiness release certificate and appropriate maintenance records or traceability to the manufacturer.

Examples of Standard Exchange in a sentence

  • When we receive a payment for your account in a currency which differs to the currency in which your account is maintained, we will convert the payment to the currency of your account using our Standard Exchange Rate for buying the relevant currency that applies on the Working Day on which we are able to make the exchange.

  • If you submit an instruction for a payment or a series of payments to be made in the future, we will convert funds using our Standard Exchange Rate at the time each instruction is processed.

  • Unless we have expressly agreed an exchange rate with you, we may change our Standard Exchange Rate immediately at any time and without notice to you.

  • If we converted the cheque into a different currency, we will change it back into the original currency using our Standard Exchange Rate for the relevant currency on the day we take it from your account (which may not be the same Standard Exchange Rate that applied on the day we received payment from the paying bank or bought the cheque from you, meaning that we may take a larger or smaller amount from your account than we originally paid in).

  • You can find out about our Standard Exchange Rates and the currencies on which we are unable to undertake same Working Day conversions by contacting your relationship manager or by calling us on the number given in Appendix 2 of these General Terms and Conditions.

  • You can find out our current Standard Exchange Rate by contacting your relationship manager or by calling us on the number set out in Appendix 2 of these General Terms and Conditions.

  • In connection with the foregoing, the Company will ensure delivery to the Holders of (i) the shares of Common Stock within ten days after this Agreement is released from escrow, and (ii) one-half of the Cash Reimbursement within three business days of the Effective Date, and the other half of the Cash Reimbursement within fifteen business days of the Effective Date.

  • If you choose the Standard Exchange Ratio, then those 1,000 options will be exchanged for 119 restricted stock units (based on an exchange ratio of .1189 restricted stock units for every one (1) eligible option, and rounding up to the nearest whole restricted stock unit), which will vest in four equal quarterly installments over the approximate twelve (12) month period following the restricted stock unit grant date.

  • If you choose the Standard Exchange Ratio, then those 1,000 options will be exchanged for 100 restricted stock units (based on an exchange ratio of .0999 restricted stock units for every one (1) eligible option, and rounding up to the nearest whole restricted stock unit), which will vest in four equal quarterly installments over the approximate twelve (12) month period following the restricted stock unit grant date.

  • The Contractor shall furnish suitable borrow material to offset any material deficiencies developed from grading work.


More Definitions of Standard Exchange

Standard Exchange designates as the case may be:
Standard Exchange is defined as a transaction where EuroTec sells and ships “serviceable” goods to the Buyer and where the Buyer is required to ship to EuroTec identical “unserviceable” goods to complete the transaction. If the Buyer fails to return the unserviceable goods (known as the “core”) to EuroTec, the transaction shall be converted to an “Outright” sale where the Buyer shall pay (i) the “core charge” which is stated on the invoice in addition to (ii) the “Exchange charge” that will have been previously invoiced. The standard exchange transaction shall be governed by these Terms and Conditions.

Related to Standard Exchange

  • Like-Kind Exchange means a section 1031 exchange that is subject to 26 U.S.C. sec. 1031.

  • Approved Exchange means the New York Stock Exchange and/or the Nasdaq Stock Market.

  • Designated Exchange means any of The New York Stock Exchange, The NASDAQ Global Select Market, The NASDAQ Global Market, or any successor to any of the foregoing.

  • Related Exchange means each exchange or quotation system where trading has a material effect (as determined by the Calculation Agent) on the overall market for futures or options contracts relating to the FTSE 100, including any transferee or successor to any such exchange or quotation system or any substitute exchange or quotation system to which trading in futures or options contracts relating to the FTSE 100 has temporarily relocated (provided that the Calculation Agent has determined that there is comparable liquidity relative to

  • Related Exchange(s means each exchange or quotation system (as the Determination Agent may select) where trading has a material effect (as determined by the Determination Agent) on the overall market for futures or options contracts relating to the Share or, in any such case, any transferee or successor exchange of such exchange or quotation system.

  • Recognized Exchange means The New York Stock Exchange or the Nasdaq National Market.

  • Qualified Exchange means any legal defeasance, redemption, retirement, repurchase or other acquisition of Capital Stock or Indebtedness of the Company issued on or after the Issue Date with the Net Cash Proceeds received by the Company from the substantially concurrent sale of its Qualified Capital Stock or any exchange of Qualified Capital Stock of the Company for any Capital Stock or Indebtedness of the Company issued on or after the Issue Date.

  • Specified Exchange means the Australian Stock Exchange, the Johannesburg Stock Exchange, the London Stock Exchange Main Market, the Nasdaq Stock Market, the New York Stock Exchange, or the Hong Kong Stock Exchange;

  • Recognised Exchange means the stock exchanges or markets set out in Appendix II.

  • National Exchange means the Nasdaq Global Select Market, the Nasdaq Global Market, the Nasdaq Capital Market, or the New York Stock Exchange.

  • Permitted Exchange means the New York Stock Exchange, the NASDAQ Global Select Market or the NASDAQ Global Market (or any successor thereto).

  • Direct Exchange has the meaning set forth in Section 11.03(a).

  • Free Exchange means an exchange of a Commission Share of one Fund for a Commission Share of another Fund under circumstances where the CDSC which would have been payable in respect of a redemption of the exchanged Commission Share on the date of such exchange is waived and the Commission Share issued in such exchange is treated as a continuation of the investment in the Commission Share exchanged for purposes of determining the CDSC payable if such Commission Share issued in the exchange is thereafter redeemed.

  • Specified Exchange Date means the first business day of the month first occurring after the expiration of 60 business days from the date of receipt by the General Partner of the Exchange Notice.

  • Switched Exchange Access Service means the offering of transmission or switching cervices to Telecommunications Carriers for the purpose of the origination or termination of telephone toll service. Switched Exchange Access Services include: Feature Group A, Feature Group B, Feature Group D, 800/888 access, and 900 access and their successors or similar Switched Exchange Access Services.

  • Optional Exchange means the exchange of the Certificates by the Trust for the Underlying Securities pursuant to Section 7(a) hereof.

  • Primary Exchange means, with respect to each Index constituent or each constituent underlying a Successor Index, the primary exchange or market of trading such Index constituent or such constituent underlying a Successor Index.

  • Principal Exchange means, in respect of a Share, any stock exchange or quotation system on which such Share is listed. As of the date of this Information Statement, the Principal Exchange for each Share is as set forth under "Summary Information Regarding the Companies".

  • Registered Exchange Offer means the offer by the Company, pursuant to the Registration Rights Agreement, to certain Holders of Initial Securities, to issue and deliver to such Holders, in exchange for the Initial Securities, a like aggregate principal amount of Exchange Securities registered under the Securities Act.

  • Reference Exchange means XETRA.

  • Final Exchange Bulletin means the Exchange Bulletin which is issued following closing of the Qualifying Transaction and the submission of all required documentation and that evidences the final Exchange acceptance of the Qualifying Transaction.

  • National Securities Exchange means an exchange registered with the Commission under Section 6(a) of the Exchange Act or any successor thereto.

  • Applicable Exchange means the New York Stock Exchange or such other securities exchange as may at the applicable time be the principal market for the Common Stock.

  • Relevant Exchange means the Relevant Exchange as specified in § 2 of the Product and Underlying Data.In the case of a material change in the market conditions at the Relevant Exchange, such as a final discontinuation of the quotation of the Underlying at the Relevant Exchange and the quotation at a different stock exchange or a considerably restricted number or liquidity, the Relevant Exchange shall be substituted as the Relevant Exchange by another exchange that offers satisfactorily liquid trading in the Underlying (the "Substitute Exchange"); such exchange shall be determined by the Calculation Agent acting in accordance with relevant market practice and in good faith. In this case, any reference to the Relevant Exchange in the Terms and Conditions of these Securities shall be deemed to refer to the Substitute Exchange.

  • Optional Exchange Date means any date on which Underlying Securities subject to Optional Exchange are distributed to a Certificateholder.

  • Securities and Exchange Commission means the United States Securities and Exchange Commission.