Routine Repairs and Maintenance Sample Clauses

Routine Repairs and Maintenance. From and after the Management Commencement Date, Management Company shall maintain the Hotel in good repair and condition and in conformity with applicable laws and regulations and in accordance with the Franchisor’s standards for the operation of the Hotel, and shall make or cause to be made such routine maintenance, repairs, and minor alterations, the cost of which can be expensed under generally accepted accounting principles, as Management Company, from time to time, deems necessary for such purposes. The cost of such maintenance, repairs, and alterations shall be paid from Gross Revenues and shall be treated as an Operating Expense in determining Operating Profit. The cost of non-routine repairs and maintenance, either to the Hotel building or its fixtures, furniture, furnishings, and equipment (“FF&E”), shall be paid for in the manner described in Sections 8.02 and 8.03.
AutoNDA by SimpleDocs
Routine Repairs and Maintenance. Each year, as part of the Annual Plan and Operating Budget delivered to Owner, Manager shall propose and prepare a budget for expected and reasonably necessary Routine Repairs and Maintenance. In conjunction therewith and subject at all times to this Agreement and the limitations set forth in the Approved Annual Plan and Operating Budget, Manager shall use its commercially reasonable efforts to make all such Routine Repairs and Maintenance, and except as otherwise limited under Section 2.3 (including, without limitation, the delivery to Owner of plans and specifications, if any are required or contemplated, prior to the commencement of any material Routine Repairs and Maintenance that require material Capital Expenditures), Manager is authorized to make and enter into in the name of, and for the account of, Owner, all such contracts and agreements as in Manager’s opinion are reasonably necessary (and prudent to enter into for such applicable Fiscal Year) for the repair and maintenance of the Managed Properties. The cost of such Routine Repairs and Maintenance shall be paid from Gross Revenues. The cost of Capital Improvements and Replacements (other than as described in this Section 7.1), either to the Managed Properties or their Furniture, Fixtures and Equipment, shall be paid for in the manner described in Section 7.2.
Routine Repairs and Maintenance. Manager, at the expense of Lessee, shall maintain the Premises in good repair and condition as is required by the Applicable Standards. Manager, on behalf of Lessee, shall make or cause to be made such routine maintenance, repairs and minor alterations as Manager from time to time deems reasonably necessary for such purposes, the cost of which: (i) can be expensed under GAAP, (ii) shall be paid from Gross Revenues, and treated as a Deduction, and (iii) are consistent with the Annual Operating Budget. Manager acknowledges that all non routine repairs and maintenance, either to the Premises’ building or its FF&E pursuant to the Capital Improvement Budget approved by Lessee and Landlord will be managed pursuant to the Project Management Agreement. Manager and Lessee shall use their respective best efforts to prevent any liens from being filed against the Premises which arise from any maintenance, changes, repairs, alterations, improvements, renewals or replacements in or to the Premises. Lessee and Manager shall cooperate fully in obtaining the release of any such liens. If the lien arises as a result of the fault of either party, then the party at fault shall bear the cost of obtaining the lien release.
Routine Repairs and Maintenance. Manager shall maintain the Property in good repair and condition and in conformity with applicable laws, City Code update and regulations and shall make or cause to be made such routine maintenance, repairs and minor alterations, as it, from time to time, deems necessary for such purposes; provided, however, that unless otherwise approved by Owner in the applicable annual budget for the Property, prior written consent of Owner must be obtained if the expense to be incurred for any one item of repair or maintenance exceeds or is reasonably anticipated to exceed 250.00 or if the cost of such unbudgeted items exceed, in the aggregate, in any calendar month, the sum of One Thousand Dollars ($1000.00). Any maintenance approved by the Owner shall be paid for in advance with a credit card, prior to the start of work.
Routine Repairs and Maintenance. A. Operator shall maintain the Retirement Community in good repair and condition and in conformity with Legal Requirements and Marriott Standards and shall make or cause to be made such routine and preventative maintenance, repairs and minor alterations, the cost of which can be expensed under GAAP, as it, from time to time, deems necessary for such purposes. The cost of such maintenance, repairs and alterations shall be paid from Gross Revenues and shall be treated as an Operating Expense in determining Operating Profit.
Routine Repairs and Maintenance. Tenant shall make all repairs and replacements necessary to maintain the Premises and Property in the condition not less than the condition of the Premises existing as of the Commencement Date, normal wear and tear excepted. 5.7
Routine Repairs and Maintenance. The Manager shall maintain the Properties in good repair and condition and in conformity with applicable laws and regulations, insurance requirements and, with respect to the Conference Center Facilities, in accordance with the standards for other first-class conference center facilities and shall make or cause to be made such routine maintenance, repairs and minor alterations, the cost of which can be expensed under GAAP as it deems necessary or appropriate. The cost of such maintenance, repairs and alterations shall be paid from Gross Revenues and shall be treated as an Operating Expense. The cost of non-routine repairs and maintenance, either to the Properties buildings or their FF&E, shall be paid for in the manner described in Sections 8.02 and 8.03 below.
AutoNDA by SimpleDocs
Routine Repairs and Maintenance. Agent shall make or cause to be made, through contracted services or otherwise, all ordinary repairs and replacements reasonably necessary, in Agent’s sole discretion, to preserve the Premises in their present condition, and for the operating efficiency of the Premises, including, but not necessarily limited to, such alterations as may be required to comply with lease requirements, governmental regulations, insurance requirements, or for the health or safety of persons occupying or utilizing the Premises. Any single expense in excess of $300.00, except as described in section 8 below, shall be approved in writing by Landlord.
Routine Repairs and Maintenance. Agent shall make or cause to be made, through contracted services or otherwise, all ordinary utilities (unless or until utilities become the responsibility of tenants), repairs and replacements reasonably necessary, in Agent’s sole discretion, to preserve the Premises in their present condition, and for the operating efficiency of the Premises, including, but not necessarily limited to, such alterations as may be required to comply with lease requirements, governmental regulations, insurance requirements, or for the health or safety of persons occupying or utilizing the Premises. Any single expense in excess of $300.00, except as described in B, below, shall be approved in writing by Landlord.
Routine Repairs and Maintenance. (a) All routine repairs and maintenance services must be coordinated between Client Agency and Contractor to ensure the equipment list is accurate prior to coming on site for services.
Time is Money Join Law Insider Premium to draft better contracts faster.