Spare unit definition

Spare unit means a unit which is intended to be exchanged for a standard unit in case of malfunction of the latter and may be either of the following.
Sample 1Sample 2Sample 3

Examples of Spare unit in a sentence

  • Spare unit replacement is very convenient for repairing lights struck by lightning or vehicles.

  • Spare unit inventory to support the Advanced-Exchange Repair Service program will be stored at the designated NCR depot facility.

  • This section describes the plasma destabilization due to radiation peaking that resulted in disruptions of nearly 15% of all H-mode pulses during 2011-2012.

Related to Spare unit

  • Stock Unit means a bookkeeping entry representing the equivalent of one Share, as awarded under the Plan.

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

  • Performance Unit means an Award which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine and which may be settled for cash, Shares or other securities or a combination of the foregoing pursuant to Section 10.

  • Performance Unit Award means an Award granted under Article XI of the Plan under which, upon the satisfaction of predetermined Performance Goals, a cash payment shall be made to the Holder, based on the number of Units awarded to the Holder.

  • Performance Award means any right granted under Section 6(d) of the Plan.

  • Performance Share Award means an Award entitling the recipient to acquire shares of Stock upon the attainment of specified Performance Goals.

  • PSU means Public Sector Undertaking

  • Restricted Stock Unit means a bookkeeping entry representing an amount equal to the Fair Market Value of one Share, granted pursuant to Section 8. Each Restricted Stock Unit represents an unfunded and unsecured obligation of the Company.

  • Performance Stock means a Target Number of Shares granted pursuant to Section 10(a) of the Plan.