Replacement of Parts definition

Replacement of Parts. Lessee, at its own cost and expense, will promptly replace or cause to be replaced all Parts which may from time to time be incorporated or installed in or attached to the Airframe or any Engine and which may from time to time become worn out, lost, stolen, destroyed, seized, confiscated, damaged beyond repair or permanently rendered unfit for use for any reason whatsoever, except as otherwise provided in the Section captioned "ALTERATIONS AND MODIFICATIONS". In addition, Lessee may, at its own cost and expense, remove or cause to be removed in the ordinary course of maintenance, service, repair, overhaul or testing, any Parts, whether or not worn out, lost, stolen, destroyed, seized, confiscated, damaged beyond repair or permanently rendered unfit for use; PROVIDED that Lessee, exc ept as otherwise provided in the Section captioned "ALTERATIONS AND MODIFICATIONS", will, at its own cost and expense, replace or cause to be replaced such Parts as promptly as practicable. All replacement parts shall be free and clear of all Liens (except for Permitted Liens), and shall be in as good operating condition as, and shall have a value and utility at least equal to, the Parts replaced assuming such replaced Parts were in the condition and repair required to be maintained by the terms hereof. Title to all Parts at any time removed from the Airframe or any Engine shall remain vested in Lessor, no matter where located, until such time as such Parts shall be replaced by Parts which have been incorporated or installed in or attached to the Airframe or any Engine and which meet the requirements for replacement parts specified above. Immediately upon any replacement part becoming incorporated or installed in or attached to the Airframe or any Engine as above provided, without further act, (I) title to the replaced Part shall thereupon vest in Lessee, free and clear of all right, title and interest of Lessor and of Lessor's Liens, and shall no longer be deemed a Part under this Lease, (II) title to such replacement part shall thereupon vest in Lessor free and clear of all Liens (except Permitted Liens) and (III) such replacement part shall become subject to this Lease and be deemed part of the Airframe or such Engine for all purposes to the same extent as the Parts originally incorporated or installed in or attached to the Airframe or such Engine.
Sample 1
Replacement of Parts. Process for the replacement of one or more parts damaged by spare parts at the customer's premises.
Sample 1

Examples of Replacement of Parts in a sentence

  • That WHEREAS the ESI Corporation has accepted the offer of the contractor to do Servicing, Repairing and Replacement of Parts of Fire Fighting System installed at ESIC Regional Office, Panaji, , Goa.4. That WHEREAS, the ESI Corporation shall and will make payment to the contractoras per payment terms stipulated in clause 4 of section III of bid document.25.

  • Additionally, paragraph (a) of License Exception Servicing and Replacement of Parts and Equipment (RPL) (15 CFR § 740.10) authorizes certain exports and reexports associated with one-on- one replacement of parts, components, accessories, and attachments.

  • Please check the below mentioned Documents have been supplied for participating in tender “Servicing, Repairing and Replacement of Parts of Fire Fighting System installed at ESIC Regional Office, Panaji, , Goa”.

  • Quality of Replacement of Parts: Where any items/parts/components need replacement, the same shall be replaced with the same make, specification and brand of item / component /part.

  • ACM (2004) A Depth-k Abstraction∈ { }We present here some basics of the Depth-k domain [36]: given a term t, t is a level 0 subterm of t.

  • Your transaction may be eligible for paragraph (a) of License Exception Servicing and Replacement of Parts and Equipment (RPL) (15 CFR § 740.10).

  • Replacement of Parts or ComponentsWe reserve the right to use replacement parts supplied from third parties in addition to those parts that may be sourced from the manufacturer or their approved suppliers.

  • Replacement of Parts We reserve the right to use non-genuine replacement parts supplied from third parties in addition to those parts that may be sourced from the manufacturer or their approved suppliers.

  • See Section V, Service and Replacement of Parts, Re-Calibrate Mixing Valve.

  • See Installation Instructions: Section15.4.11 Replacement of Parts, Component Replacement, Gas Valve.8. Turn on the gas and electricity supplies and following the commissioning procedure confirm gas soundness and correct boiler operation.9. Set the gas pressure to the required rate for the new gas type as specified on the data plate.

Related to Replacement of Parts

  • Additional Equipment means equipment that is not factory fitted in the Vehicle, including but not limited to navigation equipment (GPS), baby seat, bicycle rack etcetera;

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

  • Substitute Improvements means the substitute or additional improvements of the Issuer described in Article V hereof.

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

  • Replacement Airframe means an Airbus A321 aircraft or a comparable or improved model of Manufacturer (except (a) Engines or engines from time to time installed thereon and any and all Parts related to such Engine or engines and (b) Excluded Equipment), that shall have been made subject to the Lien of the Indenture pursuant to Section 7.05 thereof, together with all Parts relating to such aircraft.

  • Replacement Agreement means an agreement entered into as a replacement for any Relevant Agreement;

  • Replacement Sub-Contractor means a sub-contractor of the Replacement Supplier to whom Transferring Supplier Employees will transfer on a Service Transfer Date (or any sub-contractor of any such sub-contractor);

  • Optional equipment means all the features not included in the standard equipment which are fitted to a vehicle under the responsibility of the manufacturer, and that can be ordered by the customer.

  • Replacement Facility means 1 of the following:

  • Pre-existing Medical Condition means any condition which:

  • Construction and demolition waste means the waste building materials, packaging, and rubble resulting from construction, remodeling, repair, and demolition operations on pavements, houses, commercial buildings and other structures.

  • Building, structure, facility, or installation means all of the pollutant-emitting activities which belong to the same industrial grouping, are located on one or more contiguous or adjacent properties, and are under the control of the same person (or persons under common control) except the activities of any vessel. Pollutant-emitting activities shall be considered as part of the same industrial grouping if they belong to the same major group (i.e., which have the same two-digit code) as described in the Standard Industrial Classification Manual, 1972, as amended by the 1977 Supplement (U.S. Government Printing Office stock numbers 4101-0066 and 003-005-00176-0, respectively).

  • Replacement cost for houses and other structures means the prevailing cost of replacing affected structures, in an area and of the quality similar to or better than that of the affected structures. Such costs will include: (a) transporting building materials to the construction site; (b) any labor and contractors’ fees; and (c) any registration costs.

  • replacement grant means an option that a reasonable person would consider to be granted in relation to a prior or potential cancellation of an option;

  • Locational Deliverability Area Reliability Requirement means the projected internal capacity in the Locational Deliverability Area plus the Capacity Emergency Transfer Objective for the Delivery Year, as determined by the Office of the Interconnection in connection with preparation of the Regional Transmission Expansion Plan, less the minimum internal resources required for all FRR Entities in such Locational Deliverability Area.

  • Benchmark Replacement Conforming Changes means, with respect to any Benchmark Replacement, any technical, administrative or operational changes (including changes to the definition of “Base Rate,” the definition of “Interest Period,” timing and frequency of determining rates and making payments of interest and other administrative matters) that the Administrative Agent decides may be appropriate to reflect the adoption and implementation of such Benchmark Replacement and to permit the administration thereof by the Administrative Agent in a manner substantially consistent with market practice (or, if the Administrative Agent decides that adoption of any portion of such market practice is not administratively feasible or if the Administrative Agent determines that no market practice for the administration of the Benchmark Replacement exists, in such other manner of administration as the Administrative Agent decides is reasonably necessary in connection with the administration of this Agreement).

  • Construction and demolition debris means and includes:

  • Replacement Property means any property which is placed in service as a replacement for any item of Equipment or any Improvement previously subject to this Fee Agreement regardless of whether such property serves the same functions as the property it is replacing and regardless of whether more than one piece of property replaces any item of Equipment or any Improvement to the fullest extent that the FILOT Act permits.

  • Permanent foster care means an out-of-home placement in which there is a long-term

  • permanent establishment means a fixed place of business through which the business of an enterprise is wholly or partly carried on.

  • 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.

  • Basic hospital cover means a hospital policy that includes the clinical categories that must be covered by a basic hospital product.

  • Termination for Convenience means the termination of the Trade Contract Agreement or the Trade Contractor Work by the Authority without cause and for the convenience of the Authority as decided in its sole discretion.

  • Original construction ’ shall mean the first or initial construction

  • General Wage Increase means a general wage increase resulting from the formula set out in this LOA and applied as a percentage increase to all wage rates in the collective agreement on the first pay day after the commencement of the eleventh (11th) month in a collective agreement year;

  • Attachment Facilities means the facilities necessary to physically connect a Customer Facility to the Transmission System or interconnected distribution facilities.