Common use of SUBJECT MATTER OF PURCHASE Clause in Contracts

SUBJECT MATTER OF PURCHASE. Subject to the terms and provisions of this Agreement, Seller hereby agrees to sell to Purchaser, and Purchaser hereby agrees to purchase from Seller, the following aircraft equipment (collectively, the "Equipment," and each individually, an "Engine"): (1) one (1) Xxxxx & Whitney JT9D-7A engine bearing manufacturer's serial number 662973, in serviceable condition with a current FAA Part 145 tag attached, with all equipment installed thereon as of the date of inspection of such engine by Purchaser at Seller's facilities in Norwalk, Connecticut (including, without limitation, a full 747 QEC kit tagged serviceable), and with all pertinent engine logs, records and historical information, including back to birth records on life limited parts. (2) one (1) Xxxxx & Xxxxxxx JT9D-7A engine bearing manufacturer's serial number 662649, in serviceable condition with a current FAA Part 145 tag attached, with all equipment installed thereon as of the date of inspection of such engine by Purchaser at Seller's facilities in Norwalk, Connecticut (including, without limitation, a full 747 QEC kit tagged serviceable), and with all pertinent engine logs, records and historical information, including back to birth records on life limited parts. (3) one (1) Xxxxx & Whitney JT9D-7A engine bearing manufacturer's serial number 662330, in serviceable condition with a current FAA Part 145 tag attached, with all equipment installed thereon as of the date of inspection of such engine by Purchaser at Seller's facilities in Norwalk, Connecticut (including, without limitation, a full 747 QEC kit tagged serviceable), and with all pertinent engine logs, records and historical information, including back to birth records on life limited parts.

Appears in 1 contract

Samples: Aircraft Engine Purchase Agreement (Tower Air Inc)

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SUBJECT MATTER OF PURCHASE. A. Subject to the terms and provisions of this Agreement, Seller hereby agrees to sell to Purchaser, and Purchaser hereby agrees to purchase from Seller, the following aircraft equipment (collectively, the "Equipment," and each individually, an "Engine"): (1) one (1) Xxxxx & Whitney JT9D-7A JT9D-7Q engine bearing manufacturer's serial number 662973702083, in serviceable condition with a current FAA Part 145 tag attachedits as removed condition, with all equipment installed thereon as of the date of inspection of such engine by Purchaser at Seller's facilities in Norwalk, Connecticut (including, without limitation, a full 747 QEC kit tagged serviceable747-200 QEC), and with all pertinent engine logs, records and historical information, including back to birth records on life limited parts. (2) one (1) Xxxxx & Xxxxxxx JT9D-7A JT9D-7J engine bearing manufacturer's serial number 662649686106, in serviceable condition with a current FAA Part 145 tag attachedits as removed condition, with all equipment installed thereon as of the date of inspection of such engine by Purchaser at Seller's facilities in Norwalk, Connecticut (including, without limitation, a full 747 QEC kit tagged serviceable747-200 QEC), and with all pertinent engine logs, records and historical information, including back to birth records on life limited parts. (3) one (1) Xxxxx & Whitney JT9D-7A JT9D-7J engine bearing manufacturer's serial number 662330662751, in serviceable condition with a current FAA Part 145 tag attachedits as removed condition, with all equipment installed thereon as of the date of inspection of such engine by Purchaser at Seller's facilities in Norwalk, Connecticut (including, without limitation, a full 747 QEC kit tagged serviceable747-200 QEC), and with all pertinent engine logs, records and historical information, including back to birth records on life limited parts. (4) one (1) Xxxxx & Xxxxxxx JT9D-7A engine bearing manufacturer's serial number 662749, in its as removed condition, with all equipment installed thereon as of the date of inspection of such engine by Purchaser (including, without limitation, a full 747-100 QEC), and with all pertinent engine logs, records and historical information, including back to birth records on life limited parts. (5) one (1) Xxxxx & Whitney JT9D-7A engine bearing manufacturer's serial number 662550, in its as removed condition, with all equipment installed thereon as of the date of inspection of such engine by Purchaser (including, without limitation, a full 747-100 QEC), and with all pertinent engine logs, records and historical information, including back to birth records on life limited parts. (6) one (1) Xxxxx & Xxxxxxx JT9D-7A engine bearing manufacturer's serial number 662498, in its as removed condition, with all equipment installed thereon as of the date of inspection of such engine by Purchaser (including, without limitation, a full 747-100 QEC), and with all pertinent engine logs, records and historical information, including back to birth records on life limited parts. (7) one (1) Xxxxx & Whitney JT9D-7A engine bearing manufacturer's serial number 662338, in its as removed condition, with all equipment installed thereon as of the date of inspection of such engine by Purchaser (including, without limitation, a full 747-100 QEC), and with all pertinent engine logs, records and historical information, including back to birth records on life limited parts. (8) one (1) Xxxxx & Xxxxxxx JT9D-7J engine bearing manufacturer's serial number 662323, in its as removed condition, with all equipment installed thereon as of the date of inspection of such engine by Purchaser (including, without limitation, a full 747-200 QEC), and with all pertinent engine logs, records and historical information, including back to birth records on life limited parts. (9) one (1) Xxxxx & Whitney JT9D-7A engine bearing manufacturer's serial number 662270, in its as removed condition, with all equipment installed thereon as of the date of inspection of such engine by Purchaser (including, without limitation, a full 747-100 QEC), and with all pertinent engine logs, records and historical information, including back to birth records on life limited parts.

Appears in 1 contract

Samples: Engine Security Agreement (Tower Air Inc)

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SUBJECT MATTER OF PURCHASE. A. Subject to the terms and provisions of this Agreement, Seller hereby agrees to sell to Purchaser, and Purchaser hereby agrees to purchase from Seller, the following aircraft equipment (collectively, the "Equipment," and each individually, an "Engine"): (1) one (1) Xxxxx & Whitney JT9D-7A Xxxxxxx JT9D-7J engine bearing manufacturer's serial number 662973685780, in serviceable condition with a current FAA Part 145 121 tag attached, with all equipment installed thereon as of the date of inspection of such engine by Purchaser at Seller's facilities in Norwalk, Connecticut Delivery Date (including, without limitation, a full 747 747-200 QEC kit tagged serviceablekit), and with all pertinent engine logs, records and historical information, including back to birth records on life limited partsparts in accordance with FAR 121.380. (2) one (1) Xxxxx & Xxxxxxx JT9D-7A Whitney JT9D-7J engine bearing manufacturer's serial number 662649662412, in serviceable condition with a current FAA Part 145 121 tag attached, with all equipment installed thereon as of the date of inspection of such engine by Purchaser at Seller's facilities in Norwalk, Connecticut Delivery Date (including, without limitation, a full 747 747-200 QEC kit tagged serviceablekit), and with all pertinent engine logs, records and historical information, including back to birth records on life limited partsparts in accordance with FAR 121.380. (3) one (1) Xxxxx & Whitney JT9D-7A Xxxxxxx JT9D-7J engine bearing manufacturer's serial number 662330662792, in serviceable condition with a current FAA Part 145 121 tag attached, with all equipment installed thereon as of the date of inspection of such engine by Purchaser at Seller's facilities in Norwalk, Connecticut Delivery Date (including, without limitation, a full 747 747-200 QEC kit tagged serviceablekit), and with all pertinent engine logs, records and historical information, including back to birth records on life limited partsparts in accordance with FAR 121.380. (4) one (1) Xxxxx & Whitney JT9D-7J engine bearing manufacturer's serial number 686101, in serviceable condition with a current FAA Part 121 tag attached, with all equipment installed thereon as of the Delivery Date (including, without limitation, a full 747-200 QEC kit), and with all pertinent engine logs, records and historical information, including back to birth records on life limited parts in accordance with FAR 121.380. B. Seller shall have the right, in its sole discretion, upon not less than three business days' notice to Purchaser prior to the Delivery Date (as defined herein), to substitute for any or all of the Engines specified in Article 1A hereof, a comparable Xxxxx & Xxxxxxx JT9D-7J engine owned by Seller, in serviceable condition with a current FAA Part 121 tag attached (a "Substitute Engine"), and Purchaser hereby agrees to purchase such Substitute Engine from Seller in lieu of any of the Engines specified in Article 1A hereof; provided, however, that if the aggregate hours flown by the Engines (including any Substitute Engines) purchased hereunder since last shop exceeds 5,000 hours as of the Delivery Date (the "Maximum Hours"), then Seller shall provide Purchaser with a credit against the Purchase Price (the "Use Credit") of an aggregate amount equal to $225 per hour flown in excess of the Maximum Hours. Unless the context otherwise requires, the term "Engine" or "Engines" as used in this Agreement shall include any Substitute Engine purchased pursuant to this Article 1B.

Appears in 1 contract

Samples: Engine Security Agreement (Tower Air Inc)

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