Spare Engines definition

Spare Engines means the Firm Spare Engines as defined in Section 2.2.1 and any additional new Spare Engines to be purchased in accordance with Section 2.2.2.

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Spare Engines means all or each of the eleven (11) new V2500-A5 firmly ordered spare Engines either purchased or to be purchased by Spirit from IAE and the four (4) option spare Engines which Spirit has the right to purchase from IAE, already delivered or to be delivered in accordance with the schedule set forth in Exhibit A of this Agreement.

Spare Engines has the meaning specified in Section 1 hereof.

Examples of Spare Engines in a sentence

Subject to Section 2.3.2 above, IAE and Spirit agree that they will execute an appropriate Change Order in respect of any change required to the Spare Engines to enable such Spare Engines to conform to the requirements of the Certification Authority and the official interpretations of such requirements in force at the date of delivery of such Spare Engines.
The Engines that will be Eligible under this Guarantee shall be new Firm Aircraft and new Firm Spare Engines which are owned or operated by JetBlue during the Period of Guarantee and which have been acquired pursuant to the Contract to which this Guarantee is attached and the related proposal or contract for delivery of Aircraft, and shall also include for purposes of this Guarantee, the Leased Aircraft.
Spirit shall take or, as applicable, have taken delivery of all of the Aircraft and Spare Engines in accordance with the schedule set forth in Exhibit A to this Agreement, as amended, supplemented or otherwise modified from time to time, and shall operate the Aircraft and Spare Engines in regular commercial service as contemplated by Section 10.4 below for the duration of the Period of Cover, subject to Section 11 hereto.
The purchase price for each of the Spare Engines shall be the unit base price set forth in Exhibit B-2 to this Contract, amended pursuant to Section 2.3 above, if applicable, and escalated in accordance with the escalation formula contained in Exhibit B-3 to this Contract.
The purchase price for each of the Spare Engines shall be the unit base price set forth in Exhibit B-2 to this New Fleet Contract, amended pursuant to Section 2.3 above, if applicable, and escalated in accordance with the escalation formula contained in Exhibit B-3 to this New Fleet Contract.

More Definitions of Spare Engines

Spare Engines means each "Spare Engine" as defined in the Credit Agreement.

Spare Engines means spare V2500 Engines.

Spare Engines or "Simulators", as the case may be, within the meaning of this Agreement and as described in Schedule 2.10 hereof and (H) the Agent shall notify the Company in writing that it is satisfied that the conditions of this Section 2.10B(ii)(2) have been satisfied. Rotables shall become subject to the Lien of the Spare Parts Security Agreement as provided therein, without also being required to satisfy any of the requirements of this subsection applicable to Eligible Assets of other types.

Spare Engines means each General Electric CF6-50E2 aircraft engine bearing manufacturer's serial numbers listed in the initial Lease Supplement.

Spare Engines means all of the “Engines” as defined in the Aircraft Mortgage.

Spare Engines means any Engine owned by GLA suitable for installation on an Eligible Aircraft that is owned by GLA.

Spare Engines means (i) the nine (9) General Electric CF34-3B1 spare engines (including QECs where applicable in accordance with the respective Spare Engine Lease) in Pinnacle’s fleet as of the Effective Date, (ii) the one (1) CF34-3B1 spare engine in Mesaba’s fleet as of the Effective Date, and (iii) additional CF34-3B1 spare engines (including QECs where applicable in accordance with the respective Spare Engine Lease) when, as and if such spare engines are added to Pinnacle’s fleet pursuant to Section 3.02. Any Spare Engine removed from Pinnacle’s or Mesaba’s fleet ceases to be a “Spare Engine” hereunder upon the date of such removal.