Common use of Spare Parts Availability Clause in Contracts

Spare Parts Availability. 1. GE will ship reasonable quantities (three months normal usage) of Spare Parts which are included in GE's Spare Parts Catalog within 30 business day lead time following receipt of an acceptable purchase order from Airline. Lead time for Spare Parts and other material which are not included in GE's Spare Parts Catalog will be shipped as quoted by GE. 2. GE will maintain a stock of Spare Parts to cover Airline's emergency needs. For purposes of this Paragraph, emergency is understood by GE and Airline to mean the occurrence of any one of the following conditions. AOG - Aircraft on Ground Critical - Imminent AOG or Work Stoppage Expedite - Less than Normal Lead Time Airline will order Spare Parts according to lead time as provided in Paragraph 1. above, but should Airline's Spare Parts requirements arise as a result of an emergency, Airline can draw such Spare Parts from GE's stock. A 24-hour telephone service is available to Airline for this purpose. If an emergency does exist, GE will use its best efforts to ship required Spare Part(s) within the time period set forth below following receipt of an acceptable purchase order from Airline. AOG - *** Critical - *** Expedite - ***

Appears in 2 contracts

Sources: General Terms Agreement (Atlas Air Inc), General Terms Agreement (Atlas Air Inc)

Spare Parts Availability. 1. GE GE-LLC will ship reasonable quantities (three months normal usage) of Spare Parts which are included in GE-LLC's Spare Parts Catalog within 30 business * day lead time following of IV. Spare Parts for I. above which are manufactured by GE or supplied by GE-LLC for commercial use as components of a new Engine or purchased from GE-LLC for commercial use as replacement (spare) parts. Following receipt of an acceptable purchase order from Airline. : Lead time for Spare Parts and other material which are not included in GE-LLC's Spare Parts Catalog will be shipped as quoted by GE-LLC. 2. GE GE-LLC will maintain a stock of Spare Parts to cover Airline's emergency needs. For purposes of this Paragraph, emergency is understood by GE GE-LLC and Airline to mean the occurrence of any one of the following conditions. AOG - Aircraft on Ground Critical - Imminent AOG or Work Stoppage Expedite - Less than Normal Lead Time Airline will order Spare Parts according to lead time as provided in Paragraph 1. above, but should Airline's Spare Parts requirements arise as a result of an emergency, . Airline can draw such Spare Parts from GE-LLC's stock. A 24-hour telephone service is available to Airline for this purpose. If an emergency does exist, GE GE-LLC will use its best efforts to ship required Spare Part(s) within the time period set forth below following receipt of an acceptable purchase order from Airline. AOG - *** Critical - *** Expedite - ***

Appears in 1 contract

Sources: General Terms Agreement (Tam S.A.)