Spare Engines definition

Spare Engines means the Firm Spare Engines as defined in Section 2.2.1 and any additional new Spare Engines to be purchased in accordance with Section 2.2.2.

Spare Engines means all or each of the four (4) new V2500-A5 firmly ordered spare Engines either purchased or to be purchased by Spirit from IAE to be delivered in accordance with the schedule set forth in Exhibit A of this Agreement.

Spare Engines means all or each of the eleven (11) new V2500-A5 firmly ordered spare Engines either purchased or to be purchased by Spirit from IAE and the four (4) option spare Engines which Spirit has the right to purchase from IAE, already delivered or to be delivered in accordance with the schedule set forth in Exhibit A of this Agreement.

Examples of Spare Engines in a sentence

• Aircraft and Spare Engines There is no difference between the form of secu- rity (or perfection) taken over an aircraft and that taken over spare engines.

• Spirit shall take or, as applicable, have taken delivery of all of the Aircraft and Spare Engines in accordance with the schedule set forth in Exhibit A to this Agreement, as amended, supplemented or otherwise modified from time to time, and shall operate the Aircraft and Spare Engines in regular commercial service as contemplated by Section 10.4 below for the duration of the Period of Cover, subject to Section 11 hereto.

• Differences between Security over Aircraft and Spare Engines Both aircraft and spare engines are moveable objects, so there is no difference between the form of security required.

• Differences between Security over Aircraft and Spare Engines There is no difference in the forms of security or perfection taken over an aircraft or over spare engines.

• Jazz currently earns leasing revenue under the CPA from Chorus-owned aircraft and Spare Engines.

More Definitions of Spare Engines

Spare Engines means the Firm Spare Engines as defined in Section 2.2.1.

Spare Engines means spare V2500 Engines.

Spare Engines means each "Spare Engine" as defined in the Credit Agreement.

Spare Engines has the meaning specified in Section 1 hereof.

Spare Engines or "Simulators", as the case may be, within the meaning of this Agreement and as described in Schedule 2.10 hereof and (H) the Agent shall notify the Company in writing that it is satisfied that the conditions of this Section 2.10B(ii)(2) have been satisfied. Rotables shall become subject to the Lien of the Spare Parts Security Agreement as provided therein, without also being required to satisfy any of the requirements of this subsection applicable to Eligible Assets of other types.

Spare Engines means each General Electric CF6-50E2 aircraft engine bearing manufacturer's serial numbers listed in the initial Lease Supplement.

Spare Engines means all of the "Engines" as defined in the Aircraft Mortgage.