Engine LLP Reserves Sample Clauses

Engine LLP Reserves. LESSOR will reimburse LESSEE from the Engine LLP Reserves for an Engine for the actual out-of-pocket materials cost without overhead, markup or profit factor, and reduced by the amount of any “Waste Expense”, associated with the replacement of life-limited Parts in such Engine during completed Engine shop visits (i.e., heavy maintenance visits), with work performed for all other causes excluded, including those causes set forth in Article 13.7. “Waste Expense” means the product of (a) the number of unused cycles on a life-limited Part at the time such life-limited Part is removed for replacement, multiplied by (b) the quotient of the cost of the new replacement life-limited Part divided by the number of cycles which constitutes the approved life of such life-limited Part. Subject to Article 16.1 and excluding exchange, material markup and outside vendor fees, and handling, packaging and shipping charges, reimbursement for replacement of life-limited Parts in an Engine will be made up to the amount in the Engine LLP Reserves applicable to such Engine at the time of removal of such Engine.
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Engine LLP Reserves. LESSOR will reimburse LESSEE from the Engine LLP Reserves for an Engine for the actual out-of-pocket materials cost without overhead, xxxx-up or profit factor, and reduced by the amount of any “Waste Expense” (if applicable), associated with the replacement of life-limited Parts in such Engine during completed Engine shop visits (i.e. heavy maintenance visits), with work performed for all other causes excluded, including those causes set forth in Article 13.8. “Waste Expense” means the product of (a) the number of unused cycles on a life-limited Part that is in excess of ***** of such part’s approved life when ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission.
Engine LLP Reserves. Subject to the terms of Article 13.5, LESSOR will reimburse LESSEE (or, at LESSEE's option, pay on behalf of LESSEE) from the Engine LLP Reserves for an Engine for the actual out-of-pocket materials cost without overhead, mark-up or profit factor associated wxxx on or off-wing replacement of life-limited Parts in such Engine, with work performed for all other causes excluded, including those causes set forth in Article 13.6. Subject to Article 16.1, reimbursement for replacement of life-limited Parts in an Engine (including exchange fees and handling, packaging and shipping charges) will be made up to the amount in the Engine LLP Reserves applicable to such Engine at the time of replacement of such life-limited Part.
Engine LLP Reserves. LESSOR will reimburse LESSEE from the Engine LLP Reserves for an Engine for the actual out-of-pocket materials cost without overhead, mxxx-up or profit factor associated with the replacement of life-limited Parts in such Engine during completed Engine shop visits (i.e. heavy maintenance visits) requiring off-wing teardown and/or disassembly, with work performed for all other causes excluded, including those causes set forth in Article 12.5. Subject to Article 15.1 and excluding exchange fees and handling, packaging and shipping charges, reimbursement for replacement of life-limited Parts in an Engine will be made up to the amount in the Engine LLP Reserves applicable to such Engine at the time of removal of such Engine.
Engine LLP Reserves. 39 13.4 Reimbursement.................................................................................. 40 13.5
Engine LLP Reserves. Life-limited Parts replaced on an Engine pursuant to Section 5.11.1(c) shall be reimbursable to Lessee from such Engine's respective Engine LLP Reserves and only up to an amount of 100% of such Engine's Engine LLP Reserves.
Engine LLP Reserves. LESSOR will reimburse LESSEE from the Engine LLP Reserves for an Engine for the actual out-of-pocket materials cost without overhead, xxxx-up or profit factor associated with on or off-wing replacement of life-limited Parts in such Engine, with work performed for all other causes excluded, including those causes set forth in Article 13.
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Engine LLP Reserves. LESSOR will reimburse LESSEE from the Engine LLP Reserves for an Engine for the actual out-of-pocket materials cost without overhead, xxxx-up or profit factor, and reduced by the amount of any “Waste Expense” (if applicable), associated with the replacement of life-limited Parts in such Engine during completed Engine shop visits (i.e. heavy maintenance visits), with work performed for all other causes excluded, including those causes set forth in Article 13.8. “Waste Expense” means the product of (i) the number of unused cycles on a life-limited Part that is in excess of 10% of such part’s approved life when new, at the time such life-limited Part is removed for replacement, multiplied by (ii) the quotient of the cost of the new replacement life-limited Part divided by the number of cycles which ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission.
Engine LLP Reserves. LESSOR will reimburse LESSEE from the Engine LLP Reserves for an Engine for the actual out-of-pocket materials cost without overhead, LESSEE xxxx-up or profit factor associated with the replacement of life-limited Parts in such Engine during completed Engine shop visits (i.e. heavy maintenance visits) requiring off-wing teardown and/or disassembly as described in Article 1.2.2.3, with work performed for all other causes excluded, including those causes set forth in Article 13.5. Subject to Article 16.1 and excluding exchange fees and handling, packaging and shipping charges, reimbursement for replacement of life-limited Parts in an Engine will be made up to the amount in the Engine LLP Reserves applicable to such Engine at the time of removal of such Engine.
Engine LLP Reserves. LESSOR will reimburse LESSEE from the Engine LLP Reserves for an Engine for the actual out-of-pocket materials cost without overhead, LESSEE
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