New Engine Option definition

New Engine Option has the meaning set forth in Clause 2.1 hereof.
New Engine Option has the meaning set forth in Clause 2.3 hereof. Inexcusable Delay has the meaning set out in Clause 11.1. Operator- any operator of an Aircraft following Delivery hereunder. Xxxxx and Xxxxxxx (or PW) – Xxxxx and Whitney, the manufacturer of the Xxxxx & Xxxxxxx PW1100G series Propulsion Systems Predelivery Payment - any payment made against the Final Contract Price of an Aircraft according to the schedule set forth in sub-Clause 6.2.2 of this Agreement.
New Engine Option has the meaning set forth in Clause 2.3 hereof. Inexcusable Delay has the meaning set out in Clause 11.1. Operator- any operator of an Aircraft following Delivery hereunder. Xxxxx and Xxxxxxx (or PW) – Xxxxx and Whitney, the manufacturer of the Xxxxx & Xxxxxxx PW1100G series Propulsion Systems Predelivery Payment - any payment made against the Final Contract Price of an Aircraft according to the schedule set forth in sub-Clause 6.2.2 of this Agreement. Predelivery Payment Reference Price - as defined in sub-Clause 6.2.3 of this Agreement. Propulsion Systems – for the A319 NEO Aircraft, the A320 NEO Aircraft and the A321 NEO Aircraft, any of (i) the set of two (2) CFMI LEAP-X series engines, including associated standard equipment, installed on such Aircraft on delivery or (ii) the set of two (2) PW1100G series engines including associated standard equipment, installed on such Aircraft on Delivery, in each case as set out in sub-Clause 2.4 hereof and selected as per sub-Clause 4.1.4 hereof.

Examples of New Engine Option in a sentence

  • A321 NEO Aircraft – any or all of the A321-200 model aircraft incorporating the New Engine Option sold by the Seller and purchased by the Buyer pursuant to this Agreement, including the A321 NEO Airframe and all components, equipment, parts and accessories installed in or on such aircraft and the applicable A321 NEO Propulsion System installed thereon upon Delivery.

  • A319 NEO Aircraft – any or all of the A319-100 model aircraft incorporating the New Engine Option sold by the Seller and purchased by the Buyer pursuant to this Agreement, including the A319 NEO Airframe and all components, equipment, parts and accessories installed in or on such aircraft and the applicable A319 NEO Propulsion System installed thereon upon Delivery.

  • Tickets from Frontier can be purchased directly from the Volaris’ website.Purchase of 80 A320 New Engine Option (“NEO”) aircraftOn December 28, 2017, the Company amended the agreement with Airbus, S.A.S. (“Airbus”) for the purchase of 80 A320NEO family aircraft to be delivered from 2022 to 2026, to support the Company’s targeted growth markets in Mexico, United States and Central America.

  • A320 Family NEO Base Period – as defined in Clause 3.1.1.4. A320 NEO Aircraft – any or all of the A320-200 model aircraft incorporating the New Engine Option sold by the Seller and purchased by the Buyer pursuant to this Agreement, including the A320 NEO Airframe and all components, equipment, parts and accessories installed in or on such aircraft and the applicable A320 NEO Propulsion System installed thereon upon Delivery.

  • The specification of respectively the A319 NEO Aircraft, the A320 NEO Aircraft and the A321 NEO Aircraft shall be derived from the current A319-100 / A320-200 / A321-200 aircraft´s respective Standard Specification(s) and based on the new Propulsion Systems, as set forth in Clause 2.4 below, and Sharklets, combined with the required airframe structural adaptations, as well as Aircraft systems and software adaptations required to operate such New Engine Option Aircraft.

  • The specification of the A319/A320/A321 NEO Aircraft shall be derived from the current A319/A320/A321 respective Standard Specifications and based on the new Propulsion Systems, as set forth in Clause 2.3 below, and Sharklets, as well as required airframe structural modifications and Aircraft systems and software adaptations required to operate such New Engine Option Aircraft.

  • The Base Price of the Airframe as defined in the Standard Specification, the Base Price of the SCN for selection of the New Engine Option, the Base Price of the SCN for installation of Sharklets, the Base Price of any and all SCNs relating to the Airframe, and the Base Price of the Master Charge Engine are subject to revision up to and including the Delivery Date in accordance with the Seller Price Revision Formula.

  • New Engine Option or NEO – as defined in Clause 2.1.1 Options Catalogue – as defined in Clause 2.4.1. Other Indebtedness – as defined in Clause 21.5(d).

  • The New Engine Option shall modify the design weights of the Standard Specifications as follows: A319-100 A320-200 A321-200 MLW **** **** **** MZFW **** **** **** The estimated basic Manufacturer’s Weight Empty (MWE) of the Standard Specifications § 13-10.01.00 shall be modified as follows: Propulsion System as per Clause 2.3 A319-100 A320-200 A321-200 PW **** **** **** CFM **** **** **** It is agreed and understood that the above design weights may be updated upon final NEO specification freeze.

  • The specification of the A319/A320/A321 NEO Aircraft shall be derived from the current A319/A320/A321 respective Standard Specification(s) and based on the new Propulsion Systems, as set forth in Clause 2.3 below, and Sharklets, as well as required airframe structural modifications and Aircraft systems and software adaptations required to operate such New Engine Option Aircraft.


More Definitions of New Engine Option

New Engine Option has the meaning set forth in Clause 2.1.2 of Amendment No. 11. A320/A330 PA – LATAM – Amdt. 23 – CT1242567- 04/2016 Page 5 of 21 “[***]” This information is subject to confidential treatment and has been omitted and filed separately with the commission.
New Engine Option has the meaning set forth in Clause 2.1.2 of Amendment No.9.

Related to New Engine Option

  • NEO or “named executive officer” means each of the following individuals:

  • Design-Build Agreement means the design and construction agreement between Project Co and the Design-Builder, a certified copy of which has been delivered by Project Co to the Authority, as amended, supplemented or replaced from time to time in accordance with this Agreement;

  • Replacement Engine means a [Engine Manufacturer and Model] engine (or an engine of the same or another manufacturer of a comparable or an improved model and suitable for installation and use on the Airframe with the other Engine (or any other Replacement Engine being substituted simultaneously therewith)) that shall have been made subject to the Lien of the Indenture pursuant to Section 7.04 or Section 7.05 thereof, together with all Parts relating to such engine, but excluding items installed or incorporated in or attached to any such engine from time to time that are excluded from the definition of Parts.

  • Substitute Aircraft Has the meaning specified in the NPA.

  • Combustion turbine means an enclosed fossil or other fuel-fired device that is comprised of a compressor, a combustor, and a turbine, and in which the flue gas resulting from the combustion of fuel in the combustor passes through the turbine, rotating the turbine.

  • Wind Turbine means a mechanical/electrical system that converts the kinetic energy of blowing wind into mechanical or electric power.

  • Replacement Aircraft means the Aircraft of which a Replacement Airframe is part.

  • Optional Extended Local Calling Scope Arrangement Traffic is traffic that under an optional Extended Local Calling Scope Arrangement chosen by the Customer terminates outside of the Customer’s basic exchange serving area.

  • New Aircraft Has the meaning specified in the Note Purchase Agreement.

  • Design-build contract means a single contract with a Design-Build Firm for the design and construction of a public construction project.

  • Original equipment manufacturer means a company that manufactures products that it has designed from purchased components and sells those products under the company's brand name.

  • Replacement Equipment means operational equipment or other parts used by Tenant to replace any of the Equipment.

  • aircraft engines means aircraft engines (other than those used in military, customs or police services) powered by jet propulsion or turbine or piston technology and:

  • Scheduled Completion Date shall be the date set forth in Clause 10.3;