Common use of New Parts Warranty Clause in Contracts

New Parts Warranty. In addition to the warranty granted for new Engines and Modules GE warrants Parts as follows: 1. During the first [*****] Flight Hours for such Parts GE will grant [*****] for repair labor for Failed Parts. 2. GE will grant a pro rata [*****] for Scrapped Parts decreasing from [*****] at [*****] Flight Hours Part Time to [*****] at the applicable hours designated in the applicable Engine Parts Table set forth in Attachment I to this Exhibit A.

Appears in 3 contracts

Samples: General Terms Agreement (Azul Sa), General Terms Agreement (Azul Sa), General Terms Agreement (Azul Sa)

AutoNDA by SimpleDocs

New Parts Warranty. In addition to the warranty granted for new Engines and Modules GE warrants Parts as follows: 1. During the first [*****] Flight Hours for such Parts GE will grant [*****] 100% Parts Credit Allowance or Labor Allowance for repair labor for Failed Parts. 2. GE will grant a pro rata [*****] Parts Credit Allowance for Scrapped Parts decreasing from [*****] 100% at [*****] Flight Hours Part Time to [*****] zero percent at the applicable hours designated in the applicable Engine Parts Table set forth in Attachment I and Attachment II to this Exhibit A.

Appears in 1 contract

Samples: General Terms Agreement (Willis Lease Finance Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!