Time Controlled Part definition

Time Controlled Part means any Item of Equipment, including any Life Limited Part, having a Task applicable to it based upon a predetermined time limit or interval in accordance with the MPD to the extent such Task requires such Item of Equipment to be discarded, overhauled, or re-certified upon reaching such time limit or interval.
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Time Controlled Part. Part or component that has an established service life, at which time certain maintenance must be performed or the item is scrapped. The service life may be based on operating hours, cycles, landing, calendar time, or combinations of these.
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Examples of Time Controlled Part in a sentence

  • With respect to any Time Controlled Part that has an interval in the MPD that is less than the respective intervals set forth in sub-clauses (i), (ii) and (iii) above, such Time Controlled Part shall have a minimum time remaining to its next Overhaul, replacement or other required maintenance that is equal to the full interval allowable pursuant to the MPD.

  • Any Time Controlled Part which is removed in accordance with the Lessee's Maintenance Program shall be replaced with a part of the same manufacture and an equivalent or later part number equal to the replaced Part and be completely interchangeable as to the form, fit and function and shall be airworthy.

  • A technical representative for both Lessor and Lessee shall prepare and sign a list of discrepancies of an airworthy nature or discrepancies from the delivery requirements of Exhibit I hereto (excluding any discrepancies relating to any Time Controlled Part) in the Aircraft systems and components found during such test flight which exceed maintenance manual allowable limits.

Related to Time Controlled Part

  • Section 385 Controlled Partnership has the meaning set forth in Treasury Regulation Section 1.385-1(c)(1) for a “controlled partnership”.

  • Controlled dangerous substance means a drug, substance, or

  • Commonly Controlled Entity an entity, whether or not incorporated, that is under common control with the Borrower within the meaning of Section 4001 of ERISA or is part of a group that includes the Borrower and that is treated as a single employer under Section 414 of the Code.

  • controlled flight means any flight which is subject to an air traffic control clearance;

  • Controlled Entities means those entities (including special purpose entities) over which another party has the power to govern, directly or indirectly, decision making in relation to financial and operating policies, so as to require that entity to conform with such controlling party’s objectives;

  • Controlled substance means a controlled substance in schedules I through V of Section 202 of the Controlled Substances Act (2l U.S.C. 8l2) and as further defined in regulation at 2l CFR l308.ll-l308.l5.

  • Controlled Entity means (a) any of the Subsidiaries of the Company and any of their or the Company’s respective Controlled Affiliates and (b) if the Company has a parent company, such parent company and its Controlled Affiliates.

  • controlled airspace means an airspace of defined dimensions within which air traffic control service is provided in accordance with the airspace classification;

  • Controlled Affiliates means, with respect to a specified Person, another Person that directly, or indirectly through one or more intermediaries, has Majority Control of or is Majority Controlled by or is under common Majority Control with the Person specified.

  • Controlled Company means a company having not more than fifty members and controlled, in the manner described by section 139, by not more than five persons;

  • CAISO Controlled Grid has the meaning set forth in the CAISO Tariff.

  • Controlled substances means those substances identified in 49 CFR 40.85. “CCF” means the Federal Drug Testing Custody and Control Form.

  • Controlled Affiliate means any Affiliate of the specified Person that is, directly or indirectly, Controlled by the specified Person.

  • Controlled Group Liability means any and all liabilities (i) under Title IV of ERISA, (ii) under Section 302 of ERISA, (iii) under Sections 412 and 4971 of the Code, (iv) as a result of a failure to comply with the continuation coverage requirements of Section 601 et seq. of ERISA and Section 4980B of the Code, and (v) under corresponding or similar provisions of foreign laws or regulations.

  • publicly controlled means owned by or otherwise under the control of an organ of state, including a –

  • Controlled have meanings correlative to the foregoing.

  • Controlled Group means all members of a controlled group of corporations or other business entities and all trades or businesses (whether or not incorporated) under common control which, together with the Borrower or any of its Subsidiaries, are treated as a single employer under Section 414 of the Code.

  • Controlled substance analog means a substance the chemical structure of which is substantially

  • Controlled insurer means a licensed insurer that is either directly or indirectly

  • Controlled Deposit Amount means, with respect to any Transfer Date, the sum of (a) the Controlled Accumulation Amount for such Transfer Date and (b) any existing Accumulation Shortfall.

  • Imitation controlled substance means a substance that is

  • Controlled Group Member means each trade or business (whether or not incorporated) which together with the Borrower is treated as a single employer under Sections 4001(a)(14) or 4001(b)(1) of ERISA or Sections 414(b), (c), (m) or (o) of the Code.

  • Supervised Person means directors, officers and partners of an Adviser (or other persons occupying a similar status or performing similar functions), employees of an Adviser, and any other person who provides advice on behalf of an Adviser and is subject to the Adviser’s supervision and control.

  • Controlled Subsidiary means any Subsidiary of the Company, 50% or more of the outstanding equity interests of which are owned by the Company and its direct or indirect Subsidiaries and of which the Company possesses, directly or indirectly, the power to direct or cause the direction of the management or policies, whether through the ownership of voting equity interests, by agreement or otherwise.

  • Non-Participating Orthotic Provider means an Orthotic Provider who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Controlled area means an area, outside of a restricted area but inside the site boundary, access to which can be limited by the licensee or registrant for any reason.