Zero Time definition
Zero Time. Requirement. Upon the surrender of any engine pursuant to paragraph (a) of this section, Lessee shall reimburse Lessor for each hour such engine has been run since its last overhaul, including any overhaul called for by paragraph (b) of this Section, by paying to Lessor an amount per hour equal to the then current hourly market cost for overhauling such engine to zero time as of the date of the surrender thereof to be determined by dividing the current market cost for overhauling such engine by the average number of hours between overhauls for all similar engines operated by Lessee during the five year period immediately preceding the said date of surrender.
Zero Time. ’ experiment: means only heating and immediately quench, no significant duration at experiment temperature.
Examples of Zero Time in a sentence
Authorised Differential [●] [Zero] Time limits for notification of Transfers [●] on each Calculation Date unless otherwise specified here: [●] (the “Notification Time”).