Class C Primary Parts Sample Clauses

Class C Primary Parts. If a Parts Life Limit is established for a Class C Primary Part which results in Part Scrappage in less than [****] total Parts Cycles, IAE will grant for each such Primary Part Scrapped as a result thereof, a Parts Credit Allowance based on 100 percent to [****] total Parts Cycles which then decreases, pro rata, to zero percent at [****] total Parts Cycles. In addition, IAE will grant a similarly calculated Labor Credit Allowance and Parts Credit Allowance for that labor and those Expendable Parts which are solely related to the removal and replacement of such Class C Primary Parts and is additional to other maintenance being performed on the Engine or Module. NOTE: Section VI, Paragraph D. contains the formulas to be used for computing the Credit Allowances described above. ---------- [****] Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 406 under the Securities Act of 1933, as amended. Page 76 of 131
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Class C Primary Parts. If a Parts Life Limit is established for a Class C Primary Part which results in Part Scrappage in less than 15,000 total Parts Cycles, IAE will grant for each such Primary Part Scrapped as a result thereof, a Parts Credit Allowance based on 100 percent to 10,000 total Parts Cycles which then decreases, pro rata, to zero percent at 15,000 total Parts Cycles. In addition, IAE will grant a similarly calculated Labor Credit Allowance and Parts Credit Allowance for that labor and those Expendable Parts which are solely related to the removal and replacement of such Class C Primary Parts and is additional to other maintenance being performed on the Engine or Module. Note: Section VI, Paragraph D. contains the formulas to be used for computing the Credit Allowances described above.
Sample 1
Class C Primary Parts. If a Parts Life Limit is established for a Class C Primary Part which results in Part Scrappage in less than [***], IAE will grant for each such Primary Part Scrapped as a result thereof, a Parts Credit Allowance based on l00 percent at l (One) total Parts Cycle which then decreases, pro rata, to [***]. In addition, IAE will grant a similarly calculated Labor Credit Allowance and Parts Credit Allowance for the labor and Expendable Parts which are solely related to the removal and replacement of such Class C Primary Parts and is additional to other maintenance being performed on the Engine or Module.
Sample 1
Class C Primary Parts. If a Parts Life Limit is established for a Class C Primary Part which results in Part Scrappage in less than [*] total Parts Cycles, IAE will grant for each such Primary Part Scrapped as a result thereof, a Parts Credit Allowance based on [*] percent at [*] total Parts Cycles which then decreases, pro rata, to [*] percent at [*] total Parts Cycles. In addition, IAE will grant a similarly calculated Labor Credit Allowance and Parts Credit Allowance for that labor and those Expendable Parts which are solely related to the removal and replacement of such Class C Primary Parts and is additional to other maintenance being performed on the Engine or Module. Note: Section VI, Paragraph D. contains the formulas to be used for computing the Credit Allowances described above.
Sample 1

Related to Class C Primary Parts

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