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 TUAG or SAFRAN HELICOPTER ENGINES. The standard exchange implies the transfer of ownership.
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Examples of Standard Exchange in a sentence

  • Title to any Material and/or Components delivered by Customer to Contractor shall remain vested in Customer or its assignee or designee at all times, except in case Contractor proceeds with a Standard Exchange of such Components in which occurrence transfer of title (free of any lien, charge or other encumbrances) shall become effective between Customer or its assignee or designee and Contractor as of the moment of removal of such unserviceable Components and the installation of the serviceable Components.


More Definitions of Standard Exchange

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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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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Related to Standard Exchange

  • Like-Kind Exchange means the exchange of a Replacement Vehicle for a Leased Vehicle in a manner so as to defer the recognition of taxable gain upon the disposition of such Leased Vehicle in accordance with and pursuant to Section 1031 of the Internal Revenue Code, as amended.

  • Approved Exchange means the New York Stock Exchange and/or the Nasdaq Stock Market.

  • Designated Exchange means any of The New York Stock Exchange, The NASDAQ Global Market or The NASDAQ Global Select Market, or (in each case) any successor thereto.

  • Related Exchange means each exchange or quotation system where trading has a material effect (as determined by the Calculation Agent) on the overall market for futures or options contracts relating to the FTSE 100, including any transferee or successor to any such exchange or quotation system or any substitute exchange or quotation system to which trading in futures or options contracts relating to the FTSE 100 has temporarily relocated (provided that the Calculation Agent has determined that there is comparable liquidity relative to

  • Related Exchange(s means each exchange or quotation system (as the Determination Agent may select) where trading has a material effect (as determined by the Determination Agent) on the overall market for futures or options contracts relating to the Share or, in any such case, any transferee or successor exchange of such exchange or quotation system.

  • Recognised Exchange means the stock exchanges or markets set out in Appendix II.

  • National Exchange means any of the following markets or exchanges on which the Common Stock is listed or quoted for trading on the date in question, together with any successor thereto: the NYSE American, The New York Stock Exchange, the Nasdaq Global Market, the Nasdaq Global Select Market and the Nasdaq Capital Market.

  • Permitted Exchange means any of The New York Stock Exchange, The Nasdaq Global Select Market, The Nasdaq Global Market, The Nasdaq Capital Market (or any of their respective successors).

  • Direct Exchange has the meaning set forth in Section 11.03(a).

  • Specified Exchange Date means the first business day of the month that is at least 60 business days after the receipt by the General Partner of the Notice of Exchange.

  • Switched Exchange Access Service means the offering of transmission or switching cervices to Telecommunications Carriers for the purpose of the origination or termination of telephone toll service. Switched Exchange Access Services include: Feature Group A, Feature Group B, Feature Group D, 800/888 access, and 900 access and their successors or similar Switched Exchange Access Services.

  • Optional Exchange means the exchange of the Certificates by the Trust for the Underlying Securities pursuant to Section 7(a) hereof.

  • Primary Exchange means, with respect to each Index constituent or each constituent underlying a Successor Index, the primary exchange or market of trading such Index constituent or such constituent underlying a Successor Index.

  • Principal Exchange means, in respect of a Share, any stock exchange or quotation system on which such Share is listed. As of the date of this Information Statement, the Principal Exchange for each Share is as set forth under "Summary Information Regarding the Companies".

  • Registered Exchange Offer means the offer by the Company, pursuant to the Registration Agreement, to certain Holders of Initial Securities, to issue and deliver to such Holders, in exchange for their Initial Securities, a like aggregate principal amount of Exchange Securities registered under the Securities Act.

  • Reference Exchange means XETRA.

  • Final Exchange Bulletin means the Exchange Bulletin which is issued following closing of the Qualifying Transaction and the submission of all required documentation and that evidences the final Exchange acceptance of the Qualifying Transaction.

  • National Securities Exchange means an exchange registered with the Commission under Section 6(a) of the Securities Exchange Act (or any successor to such Section) and any other securities exchange (whether or not registered with the Commission under Section 6(a) (or successor to such Section) of the Securities Exchange Act) that the General Partner shall designate as a National Securities Exchange for purposes of this Agreement.

  • Applicable Exchange means the New York Stock Exchange or such other securities exchange as may at the applicable time be the principal market for the Common Stock.

  • Relevant Exchange means the Relevant Exchange as specified in § 2 of the Product and Underlying Data.In the case of a material change in the market conditions at the Relevant Exchange, such as a final discontinuation of the quotation of the Underlying at the Relevant Exchange and the quotation at a different stock exchange or a considerably restricted number or liquidity, the Relevant Exchange shall be substituted as the Relevant Exchange by another exchange that offers satisfactorily liquid trading in the Underlying (the "Substitute Exchange"); such exchange shall be determined by the Calculation Agent acting in accordance with relevant market practice and in good faith. In this case, any reference to the Relevant Exchange in the Terms and Conditions of these Securities shall be deemed to refer to the Substitute Exchange.

  • Securities and Exchange Commission means the United States Securities and Exchange Commission.