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Spare Parts definition

Spare Parts has the meaning assigned to such term in the Pledge and Security Agreement.
Spare Parts means such items as spare propellers and tailshafts and self- contained operable units of machinery or equipment, as well as those items generally recognized within the mari- time industry as Spare Parts. Maritime Administration, DOT § 272.14
Spare Parts means any and all appliances, parts, instruments, appurtenances, accessories, avionics, furnishings, seats and other equipment of whatever nature which are of the type of aircraft spare parts other than any QEC Kits, excluding any such spare parts to the extent installed on any aircraft or engine from time to time.

Examples of Spare Parts in a sentence

  • Should Buyer elect to retain any of the unused Spare Parts after close of Warranty Services mission, Buyer will be billed for such Parts at a discount of 5% off Seller’s List Price as of the date of retention.


More Definitions of Spare Parts

Spare Parts means goods which are to be installed in or on a vehicle so as to replace original parts of that vehicle, including goods such as lubricants which are necessary for the use of a vehicle, with the exception of fuel;
Spare Parts means goods that are to be installed in or on a vehicle to replace original parts of that vehicle, including goods that are necessary for the use of a vehicle, with the exception of fuel;
Spare Parts means a replaceable component, sub assembly, and assembly identical to and interchangeable with the item it is intended to replace.
Spare Parts means the component parts listed within the Integrated Logistic Support Plan;
Spare Parts means all accessories, appurtenances, or parts of an Aircraft (except an Engine or Propeller), Engine (except a Propeller), Propeller, or Appliance, that are to be installed at a later time in an Aircraft, Engine, Propeller or Appliance.
Spare Parts means all appliances, parts, components, instruments, appurtenances, accessories, furnishings, seats and other equipment of whatever nature that may from time to time be installed or incorporated in or attached or appurtenant to any Aircraft Object or removed therefrom.
Spare Parts means the items of equipment and material that may be provided pursuant to Exhibit H.