Equipment Change definition

Equipment Change shall have the meaning set forth in Section 8(C) hereof.

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Equipment Change has the meaning given in Section 8.12.

Equipment Change has the meaning given to it in clause 13.7 (Equipment Change);

Examples of Equipment Change in a sentence

Any Equipment Change not so removed or reversed becomes the property of Lessor or Owner, as the case may be, at the Expiry Date.
LESSOR shall bear no liability in respect of, or cost for, any Equipment Change, grounding of the Aircraft, suspension of certification thereof, or loss of revenue therefrom.
Furthermore, Lessor may require Lessee to remove or reverse any Equipment Change on the Expiry Date and to restore the Aircraft to its condition prior to that Equipment Change.
Subject to Clause 8.13(c), title to all parts installed on the Aircraft, whether by way of replacement as the result of an Equipment Change or otherwise (except those installed pursuant to Clause 8.13(b) or Clause 8.15) will on installation, without further act, vest in the Lessor subject to this Agreement free and clear of all Security Interests.
So long as no Default has occurred and is continuing, Lessee may remove or reverse any Equipment Change provided that the Equipment Change is not required pursuant to the terms of the Lease or to maintain the Insurances and removal or reversal does not diminish the value, utility, airworthiness or condition of the Aircraft assuming that such Equipment Change was not made and that Aircraft is maintained in accordance with the Lease.

More Definitions of Equipment Change

Equipment Change shall have the meaning ascribed to such term in Section 7.7 hereof.

Equipment Change means any modification in or alteration and addition to the Aircraft; “Event of Default” means any event or circumstance specified in Clause 19.1 (Events);

Equipment Change shall have the meaning set forth in Article 7.3(a).

Equipment Change shall have the meaning set forth in Article 17.3(a).

Equipment Change is defined in Section 7.4.

Equipment Change means, in respect of a Train Operator, any change to the Specified Equipment including by way of: (A) alteration to the physical and operational characteristics of Specified Equipment; (B) any increase in the length of any Trains beyond that specified in the Access Agreement to which it is party; or (C) the inclusion in Specified Equipment of any railway vehicle which is not included in the Access Agreement.

Equipment Change means any modification in or alteration and addition to the Aircraft;