V2500 ENGINE AND PARTS SERVICE POLICY Sample Clauses

V2500 ENGINE AND PARTS SERVICE POLICY. In respect of Engines originally installed on the Aircraft (other than on Leased Aircraft) and in respect of the spare Engines, IAE hereby amends the duration of coverage provided in the V2500 Engine and Parts Service Policy set forth in Exhibit D1, Section I, Paragraphs A and B to the Contract, as follows: New Air shall be entitled to first run coverage for [****] hours or [****] cycles of engine operation, whichever comes first. Extended first run coverage will be provided from [****] hours or [****] cycles of engine operation (whichever comes first) to [****] hours or [****] cycles of engine operation (whichever comes first) on a pro-rata basis. Therefore, all references to "[****] hours" in Exhibit D-1 are hereby changed to "[****] hours (or [****] cycles, whichever comes first)." Also, all references to "[****] hours" in Exhibit D-1 are hereby changed to "[****] hours (or [****] cycles, whichever comes first)." ---------- [****] 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.
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V2500 ENGINE AND PARTS SERVICE POLICY. IAE agrees to expand the coverage for the Firm Spare Engines and the V2500-A5 Engines installed on the Firm Aircraft and Leased Aircraft under the V2500 Engine and Parts Service Policy set forth in Exhibit D-1 to the Contract. In agreeing to do so, all references in the V2500 Engine and Parts Service Policy to "[***]" shall be replaced by [***] and all references to "[***]" shall be replaced by [***].
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