Pledged Expendable Parts definition

Pledged Expendable Parts means the Expendable Parts of the Grantor identified on Schedule III hereto, as such schedule may be amended, modified, supplemented or replaced from time to time in accordance with the terms hereof and the Credit Agreement.
View Source

Related to Pledged Expendable Parts

  • Spare Parts has the meaning assigned to such term in the Pledge and Security Agreement.

  • Tooling means tools funded or provided by the Buyer.

  • Bondable stranded costs means any stranded costs or basic

  • spare part means a separate part of an EEE that can replace a part of an EEE. The EEE cannot function as intended without that part of the EEE. The functionality of EEE is restored or is upgraded when the part is replaced by a spare part;

  • Obsolete Inventory means items that have expired, are redundant or damaged;