Common use of Engine LLP Reserves Clause in Contracts

Engine LLP Reserves. Subject to the terms of Article 13.5, LESSOR will reimburse LESSEE (or, at LESSEE's option, pay on behalf of LESSEE) from the Engine LLP Reserves for an Engine for the actual out-of-pocket materials cost without overhead, mark-up or profit factor associated w▇▇▇ on or off-wing replacement of life-limited Parts in such Engine, with work performed for all other causes excluded, including those causes set forth in Article 13.6. Subject to Article 16.1, reimbursement for replacement of life-limited Parts in an Engine (including exchange fees and handling, packaging and shipping charges) will be made up to the amount in the Engine LLP Reserves applicable to such Engine at the time of replacement of such life-limited Part.

Engine LLP Reserves. Subject to the terms of Article 13.5, LESSOR will reimburse LESSEE (or, at LESSEE's ’s option, pay on behalf of LESSEE) from the Engine LLP Reserves for an Engine for the actual out-of-pocket materials cost without overhead, mark-up ▇▇▇▇-up or profit factor associated w▇▇▇ with on or off-wing replacement of life-limited Parts in such Engine, with work performed for all other causes excluded, including those causes set forth in Article 13.6. Subject to Article 16.1, reimbursement for replacement of life-limited Parts in an Engine (including exchange fees and handling, packaging and shipping charges) will be made up to the amount in the Engine LLP Reserves applicable to such Engine at the time of replacement of such life-limited Part.