New Engine Option definition

New Engine Option has the meaning set forth in Clause 2.1 hereof.
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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. ▇▇▇▇▇ and ▇▇▇▇▇▇▇ (or PW) – ▇▇▇▇▇ and Whitney, the manufacturer of the ▇▇▇▇▇ & ▇▇▇▇▇▇▇ 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.
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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. ▇▇▇▇▇ and ▇▇▇▇▇▇▇ (or PW) – ▇▇▇▇▇ and Whitney, the manufacturer of the ▇▇▇▇▇ & ▇▇▇▇▇▇▇ 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.
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Examples of New Engine Option in a sentence

  • The specification of the A320 Family Aircraft with NEO will be derived from the relevant Standard Specification and will include (i) as applicable, the relevant NEO Propulsion System (ii) Sharklets, (iii) airframe structural adaptations and (iv) Aircraft systems and software adaptations required to operate such A320 Family Aircraft with the New Engine Option.

  • A321 NEO Aircraft - any or all of the A320 NEO Aircraft converted to firmly ordered A321-200 model aircraft with the New Engine Option, including the A321 NEO Airframe and all components, equipment, parts and accessories installed in or on such aircraft and the applicable A321 NEO Propulsion Systems installed thereon upon Delivery.

  • 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.

  • 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.

  • The Seller is currently developing a new engine option (the "New Engine Option" or "NEO"), applicable to the A319/A320/A321 aircraft.

  • The Seller is currently developing a new engine option (the "New Engine Option" or "NEO"), applicable to the A319/A321 aircraft.

  • 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 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).

  • 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.


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.
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Related to New Engine Option

  • Extended Summer Resource Price Adder means, for Delivery Years through May 31, 2018, an addition to the marginal value of Unforced Capacity as necessary to reflect the price of Annual Resources and Extended Summer Demand Resources required to meet the applicable Minimum Extended Summer Resource Requirement.

  • Base Capacity Resource Price Decrement means, for the 2018/2019 and 2019/2020 Delivery Years, a difference between the clearing price for Base Capacity Resources and the clearing price for Capacity Performance Resources, representing the cost to procure additional Capacity Performance Resources out of merit order when the Base Capacity Resource Constraint is binding.

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

  • Design-Build Agreement or “DBA” means the agreement to design and construct the Project.

  • Modular building manufacturer means a person or corporation who owns or operates a