Expendable Spare Parts definition
Expendable Spare Parts means a Spare Part that, once used, cannot be reused and, if not serviceable, generally cannot be overhauled or repaired.
Expendable Spare Parts is defined in clause (1) of the first paragraph of Section 2.1 of the Spare Parts Security Agreement. Spare Parts Security Agreement Appendix I-28
Examples of Expendable Spare Parts in a sentence
Notwithstanding anything herein to the contrary, all Rotable Spare Parts and Repairable Spare Parts that are Pledged Spare Parts and, to the extent customary, all Expendable Spare Parts and Life Limited Parts that are Pledged Spare Parts, located at Spare Parts Locations other than as excluded above, shall have a current and valid serviceable tag and shall be in compliance with such tag, in each case in compliance with applicable FAA regulations.