MAINTENANCE OF THE PROJECT. (11-20-07) (Rev. 1-17-12) 104-10 SP1 G125 Revise the 2012 Standard Specifications as follows: All guardrail/guiderail within the project limits shall be included in this maintenance. The Contractor shall perform weekly inspections of guardrail and guiderail and shall report damages to the Engineer on the same day of the weekly inspection. Where damaged guardrail or guiderail is repaired or replaced as a result of maintaining the project in accordance with this article, such repair or replacement shall be performed within 7 consecutive calendar days of such inspection report. The Contractor will not be directly compensated for any maintenance operations necessary, except for maintenance of guardrail/guiderail, as this work will be considered incidental to the work covered by the various contract items. The provisions of Article 104-7, Extra Work, and Article 104-8, Compensation and Record Keeping will apply to authorized maintenance of guardrail/guiderail. Performance of weekly inspections of guardrail/guiderail, and the damage reports required as described above, will be considered to be an incidental part of the work being paid for by the various contract items.
MAINTENANCE OF THE PROJECT. The Promoter shall be responsible to provide and maintain essential services in the Project till the offer to the Association to take over of the maintenance of the Project upon the issuance of the Completion / Occupancy Certificate of the Project. The cost of such maintenance has not been included in the Total Price/Agreed Consideration of the said Bungalow Unit and the same shall be paid by the Allottee as agreed with the Promoter upon demand.
MAINTENANCE OF THE PROJECT. 11.1 The Promoter shall be responsible to provide and maintain essential services in the Project upon the issuance of the completion certificate of the Project till the formation of the Association and its becoming operationalization for the acts relating to the Common Purposes. The cost of such maintenance for a period of 12 months has been included in the Total Price as mentioned in clause 1.2.2 of this agreement. In case the formation and operationalization of the Association is delayed for no fault of the Promoter, the Promoter shall provide and maintain the essential services in the said Project till the Association is formed and the Project is handed over to the Association and the Allottees shall be liable to pay to the Promoter or Facility Management Agency, the charges for such maintenance, property tax, common expenses and other outgoings in respect of the Allotted Apartment as mentioned in Part-I of the Sixth Schedule hereunder written.
11.2 The Allottee acknowledges that providing and maintaining essential services is for the benefit of all the Allottees and as such it is desirable that a Facility Management Agency be appointed and in this regard the Allottee authorizes the Promoter to appoint a Facility Management Agency on such terms and conditions as the Promoter in its absolute discretion may deem fit and proper who shall remain responsible for providing and maintaining essential services.
11.3 The Allottee acknowledges that the Promoter shall be entitled to appoint a Facility Management Agency for providing and maintaining essential services on such terms and conditions as the Promoter in its absolute discretion may deem fit and proper and the Allottees shall be liable to make payment of an amount equivalent to 15% of the Maintenance Charges as service charges payable to such Facility Management Agency.
11.4 After formation of the Association of the Purchasers, the Association of the Allottees will take control of the Common Areas and shall remain liable for providing and maintaining the essential services.
MAINTENANCE OF THE PROJECT. 7.1. The Purchaser shall be responsible to maintain the Unit and Parking Space from the Date of Possession. The Promoter shall, on and from the Date of Possession, hand over the maintenance of the Common Portions to the Association of Purchasers and it shall be solely responsible for maintenance of the Common Portions.
MAINTENANCE OF THE PROJECT. The Promoter shall be responsible to provide and maintain essential services in the Project till the taking over of the maintenance of the project by the Association upon the issuance of the completion certificate of the Project. The cost of such maintenance has been included in the Total Extras and Deposits as mentioned in clause 1.2.2of this agreement. In case the formation of the Association is delayed due no fault of the Promoter; the Promoter shall provide and maintain the essential services in the said Project till the Association is formed and the said Project is handed over to the Association and the Allottees shall be liable to pay to the Promoter or facility management company, the charges for such maintenance as fixed by the Promoter at actuals.
MAINTENANCE OF THE PROJECT. Landlord shall have no obligation to fund the entire Capital Reserve Amount by any date during the Term and any unused portion is non-refundable to Tenant. However, Landlord agrees that the Project shall be operated and maintained in a first-class manner and condition during the Term and Landlord shall expend portions of the Capital Reserve Amount from time to time during the Term in order to comply with such obligations.
MAINTENANCE OF THE PROJECT. 11.1 The Developer and/or its nominees shall look after the maintenance and upkeep of the common areas and facilities within the periphery of the Project until these are handed over to any the Maintenance Society or any other authority/ local body, as per the Act or any other applicable laws. The Buyer shall sign a separate Maintenance Agreement with the Developer or its nominee Maintenance Agency incorporating inter-alia the said terms, at the time of taking over possession of the Flat and agrees to get it registered at his cost, if it may be so required.
11.2 The Buyer shall deposit with the Developer a sum @ Rs. 100/- per sq. yard of the area of the Plot by way of interest free security deposit to ensure timely payment of maintenance charges by him. The amount will be payable by the buyer at the time of talking of the possession or execution of sale deed of the Plot, whichever is earlier. Besides, the buyer shall also make propionate contributions to the Replacement/Sinking Fund as may be prescribed by the Developer/ Promoter and/or its nominee maintaince agency to be utilized for replacement/ major repairs of infrastructural facilities, roads, drains, water supply, sewer disposal system, electrical or other installations etc
11.3 The Buyer shall be liable to pay charges, whenever applicable, as under:
i. Changes towards Malba clearing of area post construction @Rs.25 per sq.yrd(Rs.29.9 per xx.xxx) of the Plot area;
ii. Interest free security deposit @Rs.100 per sq.yrd (Rs.119.6 per xx.xxx) of the plot area towards repair charges of roads for damages, if anty, caused to the roads on account of construction on the Plot. It shall be refundable in case of no damage.
11.4 Once the Occupancy Certificate / completion certificate is received, the Allottee shall b pay to the Promoter/the Maintenance Agency nominated by the Promoter/the association of allottees such monthly charges (hereinafter referred to as “Maintenance Charges”) as per a separate maintenance agreement to be entered into between the Allottee and the Promoter/the Maintenance Agency nominated by the Promoter/association of allottees for maintaining various services/facilities/ common areas/ etc. in the Project including expenses incurred for making arrangements for sanitation, street light, security, water supply and its distribution systems.
MAINTENANCE OF THE PROJECT. Operator shall not, directly or indirectly, except with 60 days’ prior written notice to Royal Gold, abandon, delay, forego or stop the exploration, development, construction or operation of the Project, or abandon, relinquish, terminate or allow the termination of any claim, lease, title or interest within or forming part of the Subject Properties or the Ancillary Property Rights, or abandon, relinquish, terminate or, to the extent it is within Operator’s control, allow the termination of any Approval necessary for the development, construction or operation of the Project, except for cessation of operations under care and maintenance, as a result of a Force Majeure, pursuant to any Governmental Requirement or to protect life, limb or property.
MAINTENANCE OF THE PROJECT. The Promoter shall be responsible to provide and maintain essential services in the Project till the taking over of the maintenance of the same by the the Service Provider and/ or such other entity appointed by the Service Provider upon the issuance of the completion certificate of the Project.
MAINTENANCE OF THE PROJECT. (a) “The Project assets would be maintained by the IPP in a condition that would ensure residual life of the project at the rated capacity for at least 20 years at any point. JREDA or its authorized agencies would carry out mandatory inspections on regular basis to ensure the same. The IPP shall provide unhindered access to JREDA to the project”.
(b) If such inspections reveal that the plant capacity and/or residual life of the project are being undermined due to inadequate maintenance or insufficient capital infusion, JREDA shall order remedial measures to be taken by the IPP. If the IPP fails to comply with these directions, the JREDA shall be at liberty, after providing due opportunity of being heard to the IPP, to terminate the agreement. While doing so, a termination compensation value shall be determined on the basis of estimated net cash flows to equity shareholders for the next ten years or the residual period as determined by an independent agency appointed by JREDA or residual period of concession, whichever is less, discounted at a suitable rate. Both, the assessment of cash flows as well as the discount rate, would be as per the approval of JSERC which will also factor in the costs of recapitalization, refurbishment, renovation, repairs, etc. required to bring the project to the necessary standards.
(c) The Assets shall be taken over by the JREDA / GoJ through any of its designated agency at the terminal compensation which shall be computed as per the aforementioned article
