Excluded Parts definition
Examples of Excluded Parts in a sentence
The Company shall not suffer or permit any Pledged Spare Parts at any Designated Location to be commingled with any Excluded Parts.
Excluded Parts and Supplies: Tire chains, sirens, warning lights, cool cushions, spray paint and convenience decorative items are not authorized to be purchased under this Agreement.
World hereby agrees to transfer, convey and assign to Parts, as a contribution to the capital of Parts, all of World's right, title and interest in and to all parts inventory of World (the "Assigned Parts") from time to time identified on and by reference to the Ultramain inventory tracking system maintained by World and the reports generated thereunder (each a "Report" and collectively the "Reports"), other than Excluded Parts (as defined below).
As used herein, "Excluded Parts" shall mean parts inventory that has been deployed by World for use or disposition in connection with operation of World's fleet of aircraft.