Outright Price definition

Outright Price means the agreed price of an Exchange Unit or Loan Unit if the Off Unit is deemed BER or sold to Customer as an Outright Sale; “Outright Sale” means the outright sale of an Exchange Unit or Loan Unit by AJW to the Customer at the price specified in the corresponding quote, Exchange Agreement or Loan Agreement; “Order” means (i) any order submitted by the Customer for a Sale and/ or Repair or (ii) a loan or exchange order, in AJW’s standard format, submitted by the Customer to AJW; “Parts” means any aircraft component parts specified in an Order; “Repair” means any Unserviceable Off Unit that requires repair, overhaul, inspection, modification and/ or testing arranged by AJW and “Repaired” shall be understood accordingly; “Sale” means the Outright Sale of a Part by AJW to the Customer and “Sold” shall be understood accordingly; “Serviceable” means a part that meets aviation authority specified standards for airworthiness, including in relation to its storage, and has no known defects, which would render it unfit for service; “Units” means, together, Exchange Units and Off Units; “Unserviceable” means not Serviceable.
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Outright Price means the agreed price of an Exchange Unit if deemed BER or sold to APEX AERO LTD as an Outright Sale;
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Outright Price means the agreed price of an Exchange Unit or Loan Unit if the Off Unit is deemed BER or sold to Customer as an Outright Sale; “Outright Sale” means the outright sale of an Exchange Unit or Loan Unit by AJWTE to the Customer at the price specified in the corresponding quote, Exchange Agreement or Loan Agreement; “Order” means (i) any order submitted by the Customer for a Sale and/ or Repair or (ii) a loan or exchange order, in AJWTE’s standard format, submitted by the Customer to AJWTE; “Parts” means any aircraft component parts specified in an Order; “Repair” means any Unserviceable Off Unit that requires repair, overhaul, inspection, modification and/ or testing arranged by AJWTE and “Repaired” shall be understood accordingly; “Sale” means the Outright Sale of a Part by AJWTE to the Customer and “Sold” shall be understood accordingly; “Serviceable” means a part that meets all OEM and aviation authority specified standards for airworthiness, including in relation to its storage, and has no known defects, which would render it unfit for service; “Units” means, together, Exchange Units and Off Units; “Unserviceable” means not Serviceable.
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Examples of Outright Price in a sentence

  • This may trigger a need to pay the Outright Price if appropriate documentation is not provided within the time period set forth for providing the Core.

  • During such delayed delivery Magnetic MRO shall be entitled to convert Lease into Sale for Outright Price which shall be charged in addition to Lease Fees charged previously.

  • If satisfactory paperwork is not or cannot be supplied to EAC by the agreed Outright Billing Date the unit will be rejected and returned to the Customer and the Outright Price, original Exchange Fee and all applicable late charges will be due.

  • Such articles shall be subject to a restocking fee of the greater of 15% of the Outright Price or a minimum fee of $500.

  • During such delayed delivery Magnetic shall be entitled to convert Lease into Sale for Outright Price which shall be charged in addition to Lease Fees charged previously.

  • Such delay in providing the Acceptable Documentation may cause the Customer to incur an Additional Exchange Fee and/or the Outright Price.

  • In the event that the lost, stolen, damaged, or destroyed Article was shipped as part of the Agreement, the Customer shall be responsible for paying the Outright Price for the Article, and any Exchange Fee previously paid may be credited to the Customer's account at AP&S AVIATION’s sole discretion.

  • If an Off Unit is found to be BER, the Exchange Fee shall remain payable plus any Late Fees, AJW shall raise an invoice for the Outright Price, together with all workshop inspection charges plus a handling fee of 10% of the Repair cost and transport costs.


More Definitions of Outright Price

Outright Price means the agreed price of an Exchange Unit or Loan Unit if the Off Unit is deemed BER or sold to Customer as an Outright Sale; “Outright Sale” means the outright sale of an Exchange Unit or Loan Unit by AJWTE to the Customer at the price specified in the corresponding quote, Exchange Agreement or Loan Agreement; “Order” means (i) any order submitted by the Customer for a Sale and/ or Repair or (ii) a loan or exchange order, in AJWTE’s standard format, submitted by the Customer to AJWTE; “Parts” means any aircraft component parts specified in an Order; “Repair” means any Unserviceable Off Unit that requires repair, overhaul, inspection, modification and/ or testing arranged by AJWTE and “Repaired” shall be understood accordingly; “Sale” means the Outright Sale of a Part by AJWTE to the Customer and “Sold” shall be understood accordingly; “Serviceable” means a part that meets all OEM and aviation authority specified standards for airworthiness, including in relation to its storage, and has no known defects, which would render it unfit for service; “Units” means, together, Exchange Units and Off Units; “Unserviceable” means not Serviceable.
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Related to Outright Price

  • Sale Price means the value as determined by the Administrator of the consideration payable, or otherwise to be received by stockholders, per share of Stock pursuant to a Sale Event.

  • Price means an amount of money tendered for goods or services, and includes all applicable taxes less all unconditional discounts;

  • Tender Price means the amount stipulated by the Tenderer in the space provided therefor in the Form of Tender, including all applicable taxes, which price, for greater certainty, is the Tenderer’s proposed Contract Price to complete all of the Work; and

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Purchase Price has the meaning set forth in Section 2.2.

  • Adjustment Right means any right granted with respect to any securities issued in connection with, or with respect to, any issuance or sale (or deemed issuance or sale in accordance with Section 2) of shares of Common Stock (other than rights of the type described in Section 3 and 4 hereof) that could result in a decrease in the net consideration received by the Company in connection with, or with respect to, such securities (including, without limitation, any cash settlement rights, cash adjustment or other similar rights).