Excluded Parts means Spare Parts and Appliances held by the Company at a location not a Designated Location.
Excluded Parts means any audio-visual, entertainment, telephonic or other passenger convenience equipment owned by third parties (or owned jointly by the Borrower and others) and leased or otherwise furnished to the Borrower in the ordinary course of business.
Excluded Parts means (i) Pledged Spare Parts held by the Company at a location that is not a Designated Location, (ii) branded inventory consisting of Spare Parts that are specific to the Company (such as seat covers, logos, carpet and decals) which have limited value to third parties, (iii) customer or vendor inventory, (iv) Spare Parts that have been temporarily loaned to other airlines and are not in the Company’s possession, (v) obsolete and retired parts (including, for this purpose, any Spare Parts held for consignment by AirLiance), and (vi) custom Spare Parts consisting of Expendables designed or modified by the Company which have limited or no demand from other parties.
Examples of Excluded Parts in a sentence
Excluded Parts and Supplies Tire chains, sirens, warning lights, cool cushions, spray paint and convenience decorative items are not authorized to be purchased under this price agreement.
Excluded Parts and Supplies: Tire chains, sirens, warning lights, cool cushions, spray paint and convenience decorative items are not authorized to be purchased under this Agreement.
More Definitions of Excluded Parts
Excluded Parts means those parts listed in the table entitled “List of spare parts excluded from 365 Boiler Care” annexed to these Terms and Conditions;
Excluded Parts means (i) any Spare Part (including an Appliance) specifically identifiable by any Person, other than the Administrative Agent and any Secured Party, as having been removed from an Encumbered Aircraft or an Encumbered Engine, as the case may be, and under the document creating such security interest the financier has a continuing security interest therein, until any such Spare Part is replaced on such Encumbered Aircraft or Encumbered Engine, as the case may be or (ii) any Hazardous Materials.
Excluded Parts means Spare Parts and Appliances (a) not located at a Designated Location, or (b) subject to a Loan to any Person. Collateral Maintenance Agreement
Excluded Parts means Spare Parts and Appliances held by the Owner at a location that is not a Designated Location.
Excluded Parts means Spare Parts and Appliances held by Airlines at a location that is not a Designated Location.
Excluded Parts means (i) Expendable Parts that are not stored on a shelf or within an area marked with the signs and inscriptions required pursuant to Section 3.02(d) at a Designated Location, (ii) Spare Parts and Appliances that are stored at an Excluded Location established in accordance with Section 3.02(b)(3) of the Mortgage and (iii) Hazardous Materials.
Excluded Parts means: (i) PSAN Inflators and (ii) airbag modules or assemblies that incorporate the PSAN Inflators (“PSAN Modules”); provided, however, a PSAN Module is an Excluded Part only if: (x) such PSAN Module resourcing is or has been disclosed to the Plan Sponsor and the Plan Sponsor has confirmed that such resourcing will not result in the Plan Sponsor refusing to close the Sale or reducing the purchase price for the Sale; (y) to the extent that the resourcing results in the Plan Sponsor refusing to close the Sale, the Consenting OEM provides replacement business at the required volumes and pricing such that the Plan Sponsor is prepared to close the Sale; or (z) to the extent that the Plan Sponsor is prepared to close the Sale at a reduced purchase price notwithstanding the resourcing of a PSAN Module, the Consenting OEM provides the Plan Sponsor with economic equivalent value for the lost business such that the resourcing does not result in a reduction in the portion of the purchase price that would have otherwise been distributed to the other Consenting OEMs. Notwithstanding anything else in this Agreement to the contrary, this Agreement is not intended to, and will not, limit any Consenting OEM’s right or ability to resource production of Excluded Parts, and the Resourcing Limitation shall not apply in any respect to Excluded Parts.