Standard Exchange definition

Standard Exchange. In the case of Flightline LRU Support, means any exchange of Unserviceable equipment with a Serviceable one which is available and fully interchangeable with such Unserviceable equipment.
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Standard Exchange means the replacement of a Component by another equivalent Component of at least identical level as regards remaining lifetime, technical standard, maintenance, airworthiness eligibility and released with an airworthiness release certificate and appropriate maintenance records or traceability to the manufacturer.
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Standard Exchange means the exchange of an unairworthy engine, module or accessory that belongs to the Customer for an airworthy pre-owned engine, module or accessory owned by TURBOMECA. The standard exchange implies the transfer of ownership.
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Examples of Standard Exchange in a sentence

  • Escalation is subject to a [*****] for Stock, Clause 10.1, and Standard Exchange, Clause 10.2, services.

  • As applicable, Net Sales and any royalty deductions shall be converted into United States dollars in accordance with the CytomX Standard Exchange Rate Methodology.

  • Royalties shall be calculated based on Net Sales in U.S. Dollars, with conversion of Net Sales in each country to U.S. Dollars according to the Novartis Standard Exchange Rate Methodology.

  • As applicable, Net Sales and any royalty deductions shall be converted into United States dollars in accordance with the ImmunoGen Standard Exchange Rate Methodology.

  • Royalties shall be calculated based on Net Sales in U.S. Dollars, with the conversion of Net Sales in each country to U.S. Dollars according the Lilly Standard Exchange Rate Methodology.

  • Royalties shall be calculated based on Net Sales in Dollars, with the conversion of Net Sales in each country to Dollars according to the Coya Standard Exchange Rate Methodology.

  • In these instances, we will apply our Standard Exchange Rate in line with your International Payments terms and conditions.

  • When determining the weighted average per unit sale price of a Licensed Product, other product(s), or Combination, the weighted average per unit sale price shall be calculated by dividing sales dollars (translated into U.S. Dollars using the CytomX Standard Exchange Rate Methodology) by the units sold during the twelve (12) months (or the number of months in which sales occurred in a partial Calendar Year) of the preceding Calendar Year for the respective Licensed Product, other product(s), or Combination.

  • Pursuant to the terms of the Merger Agreement, the Maximum Number of AFC Shares issuable to holders of APY Common Stock will not exceed the product of (x) the Standard Exchange Ratio and (y) the number of Outstanding APY Shares.

  • All amounts shown in a foreign currency on the sales invoice shall be converted into United States dollars by Howmedica using "Standard Exchange Rates" in accordance with established Accounting Policies and Procedures.


More Definitions of Standard Exchange

Standard Exchange is defined as a transaction where EuroTec sells and ships “serviceable” goods to the Buyer and where the Buyer is required to ship to EuroTec identical “unserviceable” goods to complete the transaction. If the Buyer fails to return the unserviceable goods (known as the “core”) to EuroTec, the transaction shall be converted to an “Outright” sale where the Buyer shall pay (i) the “core charge” which is stated on the invoice in addition to (ii) the “Exchange charge” that will have been previously invoiced. The standard exchange transaction shall be governed by these Terms and Conditions.
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Standard Exchange. In the case of Flightline LRU Support, means any exchange of an Unserviceable equipment with a Serviceable one which is available and fully interchangeable with such Unserviceable equipment. “Supplemental Charges” – Has the meaning provided in Article 7.2. “Supplemental Services” - Those Services provided pursuant to Article 5.3. “Term” – Has the meaning provided in Article 3. “Termination” - The ending of this Service Agreement before the expiration of the Term, as specified in Exhibit I, Article 2 Termination herein below. “TSM” – Trouble Shooting Manual. [***] CFM PROPRIETARY INFORMATION – SUBJECT TO RESTRICTIONS ON THE FIRST PAGE 18
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Standard Exchange designates as the case may be:
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