Engine Performance Restoration definition
Examples of Engine Performance Restoration in a sentence
Maintenance Payments for Engine Performance Restoration (not repair) shall be paid for ***** The rate shall be established from the applicable matrix below based on the anticipated Flight Hour to Cycle ratio and region of operation: V2527E-A5 SelectOne (or better) 27,000 lbs.
With respect to each Engine, LESSOR will reimburse LESSEE from the Engine Performance Restoration Reserves as follows.
Notwithstanding anything to the contrary herein, Engine Performance Restoration Reserves shall be calculated with respect to any relevant period based on the thrust rating at which the Engine is actually operated, from time to time, during such period.
LESSEE acknowledges that it is required under this Lease to pay to LESSOR the Engine Performance Restoration Reserves even if the Engines are placed under the FHA Agreement.
A calculation of Lessee’s actual Flight Hour-to-Cycle ratio will be made annually as of May 1st of each calendar year during the Lease Term, beginning on May 1, 2008, and any difference in Engine Performance Restoration Maintenance Fund will be reconciled on the date when the next Maintenance Fund payment is due (in accordance with Article 4.3.6) following such calculation.