Examples of Replacement Component in a sentence
An undivided interest equal to the Owner Lessor's Percentage in each Component at any time removed from the Facility shall remain subject to this Facility Lease, wherever located, until such time as such Component shall be replaced by a Replacement Component which has been incorporated in the Facility and which meets the requirements for Replacement Components specified above.
The LESBP Replacement Component offers grant funding for the replacement of old, high-emitting diesel and gasoline school buses with new emission certified school buses that meet specific emission criteria.
Replacement Component Product(s) will be of comparative quality to the original Component Product of the furniture set, provided the price of the replacement does not exceed the original purchase price of the Component Product being replaced.
Note: Credits for emission reductions from a project or program funded by the LESBP Replacement Component are not transferable and may not be used by the applicant as emission offsets.
For purposes of Section 9.2 below (Freshness), if Supplier replaces an aged Component (an “Aged Component”) with a new or refreshed Component (a “Replacement Component”), the Replacement Component will be deemed to have entered the Hub on the same date as the Aged Component; provided however that any period during which the Aged Component could not be used due to excessive aging shall not be applied towards satisfaction of the applicable Freshness Period.