Examples of Maintenance Event in a sentence
Maintenance Turbine Hours (MTH) is the sum of all turbine-hours that the turbine is off-line due to a Maintenance Event.
Spectrotel will use commercially reasonable efforts to provide advanced notice to Customer of a Maintenance Event.
In the event the Secured Obligations are reinstated in connection with or following any Yield Maintenance Event, it is understood and agreed that the Secured Obligations shall include any Call Premium payable in accordance with the Loan Documents, including this Section 11.02.
Notwithstanding the above, Frontier will not be liable for any reduction in actual Aircraft or block hours flown during any period due to maintenance requirements (includes heavy checks), an Extraordinary Maintenance Event (as defined in Section 6.7), weather, air traffic control, or matters within Partner's Control.
Any cancellations and delays resulting from an Extraordinary Maintenance Event will not be included in the determination of Partner's OTP or FCF calculations under both Section 4 and Section 7.
Partner will then collect records and reports for all costs and expenses relating to the cure of the Extraordinary Maintenance Event and submit to Frontier for review and approval, which approval will not be unreasonably withheld.
If IR determines that a Major Maintenance Event has occurred, IR shall so inform Purchaser in writing and shall undertake such reasonable maintenance as directed in writing by Purchaser and at Purchaser’s expense.
For purposes of "Net-Pre Tax Margin Termination" the quarter during which an Extraordinary Maintenance Event has occurred will not be included in the calculation.
If Frontier and Partner are unable to agree whether an Extraordinary Maintenance Event occurred or the costs associated with addressing the Extraordinary Maintenance Event, the parties agree to use an independent arbitrator with expertise in aviation maintenance to resolve the dispute.
No Reimbursement Claim may be submitted after the redelivery of the Aircraft except for any Reimbursement Claim for which (i) an invoice remains outstanding for the Major Maintenance Event at such time, and (ii) Lessee has notified Lessor in writing prior such redelivery of any such outstanding invoice, and (iii) Lessee has notified Lessor in writing prior the redelivery of the Aircraft of the nature and estimated cost of the Major Maintenance Event.