Deferred Maintenance Adjustment. Deferred Maintenance Adjustment" shall mean, with respect to each Facility, the amount set forth opposite such Facility's name on Schedule 1.9 hereto to cover the potential costs to be incurred after the Effective Date in making the repairs or modifications required at such Facility and described on Schedule 1.9 hereto.
Appears in 2 contracts
Samples: Facilities Purchase Agreement (Monarch Properties Inc), Facilities Purchase Agreement (Monarch Properties Inc)
Deferred Maintenance Adjustment. Deferred Maintenance Adjustment" shall mean, with respect to each Facility, the amount set forth opposite such Facility's name on Schedule 1.9 1.8 hereto to cover the potential costs to be incurred after the Effective Date in making the repairs or modifications required at such Facility and described on Schedule 1.9 1.8 hereto.
Appears in 1 contract
Samples: Facilities Purchase Agreement (Integrated Health Services Inc)
Deferred Maintenance Adjustment. Deferred Maintenance Adjustment" shall mean, with respect to each Facility, the amount set forth opposite such Facility's name on Schedule 1.9 1.10 hereto to cover the potential costs to be incurred by THI after the Effective Date in making the repairs or modifications required at such Facility and described on Schedule 1.9 1.10 hereto and any Environmental Remediation described on Schedule 1.13 hereto.
Appears in 1 contract
Samples: Facilities Purchase Agreement (Monarch Properties Inc)
