Common use of Parts and Components Clause in Contracts

Parts and Components. If any life limited part or component does not comply with Section 1(c)(ii) above, Lessee shall pay to Lessor with respect to each part or component for which said requirement is not met the dollar amount obtained by multiplying (i) the ratio that the life expended in excess of fifty percent (50%) of the available hours, cycles and/or months, as the case may be, until the next scheduled replacement bears to the total allowable life (measured in hours, cycles and/or months, as the case may be) for such part or component by (ii) Lessor’s cost of replacement of such part or component. Lessor’s cost of replacement of a part or component shall include Lessor’s then current cost of purchasing the part or component itself and all of Lessor’s then current costs associated with the replacement.

Parts and Components. If In the event any life limited part or component does not comply with meet the conditions set forth in Section 1(c)(iiII (b)(iii) above, Lessee shall pay to Lessor with respect to each part or component for which said requirement is not met the dollar amount obtained by multiplying (i) the ratio that the life expended in excess of fifty percent (50%) of the available hours, cycles and/or months, as the case may be, until the next scheduled replacement bears to the total allowable life (measured in hours, cycles and/or months, as the case may be) for such part or component by (ii) Lessor’s 's cost of replacement of such part or component. Lessor’s 's cost of replacement of a part or component shall include Lessor’s 's then current cost of purchasing the part or component itself and all of Lessor’s 's then current costs associated with the replacement.

Parts and Components. If any life limited part or component does not comply with Section 1(c)(iiParagraph (c)(iii) above, Lessee shall pay to Lessor with respect to each part or component for which said requirement is not met the dollar amount obtained by multiplying (i) the ratio that the life expended in excess of fifty percent (50%) of the available hours, cycles and/or months, as the case may be, until the next scheduled replacement bears to the total allowable life (measured in hours, cycles and/or months, as the case may be) for such part or component by (ii) Lessor’s 's cost of replacement of such part or component. Lessor’s 's cost of replacement of a part or component shall include Lessor’s 's then current cost of purchasing the part or component itself and all of Lessor’s 's then current costs associated with the replacement.. (h)

Parts and Components. If In the event any life limited part or component does not comply with meet the conditions set forth in Section 1(c)(iiII (b)(iii) above, Lessee shall pay to Lessor with respect to each part or component for which said requirement is not met the dollar amount obtained by multiplying (i) the ratio that the life expended in excess of fifty percent (50%) of the available hours, cycles and/or months, as the case may be, until the next scheduled replacement bears to the total allowable life (measured in hours, cycles and/or months, as the case may be) for such part or component by (ii) Lessor’s cost of replacement of such part or component. Lessor’s cost of replacement of a part or component shall include Lessor’s then current cost of purchasing the part or component itself and all of Lessor’s then current costs associated with the replacement.

Parts and Components. If any life limited part or component does ---------------------- not comply with Section 1(c)(iiparagraph (c)(iii) above, Lessee Lessees shall pay to Lessor with respect to each part or component for which said requirement is not met the dollar amount obtained by multiplying (i) the ratio that the life expended in excess of fifty percent (50%) of the available hours, cycles and/or months, as the case may be, until the next scheduled replacement bears to the total allowable life (measured in hours, cycles and/or months, as the case may be) for such part or component by (ii) Lessor’s 's cost of replacement of such part or component. Lessor’s 's cost of replacement of a part or component shall include Lessor’s 's then current cost of purchasing the part or component itself and all of Lessor’s 's then current costs associated with the replacement.

Parts and Components. If any life limited part or component does not comply with Section 1(c)(iiParagraph (c)(iii) above, Lessee shall pay to Lessor with respect to each part or component for which said requirement is not met the dollar amount obtained by multiplying (i) the ratio that the life expended in excess of fifty percent (50%) of the available hours, cycles and/or months, as the case may be, until the next scheduled replacement bears to the total allowable life (measured in hours, cycles and/or months, as the case may be) for such part or component by (ii) Lessor’s 's cost of replacement of such part or component. Lessor’s 's cost of replacement of a part or component shall include Lessor’s 's then current cost of purchasing the part or component itself and all of Lessor’s 's then current costs associated with the replacement.