Additional Maintenance definition
Examples of Additional Maintenance in a sentence
In the event that the Senior Bank Facility is amended to include an additional financial maintenance covenant, such additional financial maintenance covenant, or event of default relating to such covenant, shall be automatically and correspondingly added to the Definitive New Loan Documentation (taking into account any differences between the defined terms in the Senior Bank Facility and the defined terms of the Definitive New Loan Documentation) (an "Additional Maintenance Covenant").
The Maintenance Required Amounts and Additional Maintenance Reserve Amounts based on any prior Maintenance Annual Estimate will be recalculated after each annual Maintenance Annual Estimate, as adjusted for each Payment Date as provided in the definition thereof.
Additional Maintenance Fees for additional Products, system model upgrades and/or additional CPUs may apply and shall be pro-rated for the remaining term of the current Maintenance Term.
Additional Maintenance Plans may be available to extend the manufacturer’s warranty.
CONTRACTOR understands and agrees that, although the Haul Roads covered by this Agreement are County Roads and are subject to normal traffic use, CONTRACTOR, by virtue of its use of the County Roads as a County Road Use Agreement, assumes responsibility for Additional Maintenance on such County Roads resulting from its use of such County Roads as a County Road Use Agreement.
Seller shall use Prudent Industry Practices to avoid Additional Maintenance Outages during the Non-Scheduled Maintenance Period.
Once CONTRACTOR has ceased using the Haul Roads for the purposes stated herein, CONTRACTOR shall notify the County, and the County, within ninety (90) days thereafter, shall notify CONTRACTOR of any Additional Maintenance that the County asserts as an obligation of CONTRACTOR.
Notwithstanding the foregoing, Additional Maintenance Outages that consist of washing photovoltaic panels to improve production of the Facility may be performed by Seller upon written notice to Buyers.
If Tenant elects to fund the Additional Maintenance Obligations, this Lease shall remain in full force and effect and Tenant shall fund the Additional Maintenance Obligations.
If Landlord decides not to fund the Additional Maintenance Obligations, Landlord shall notify Tenant in writing of such decision and Tenant shall have thirty (30) days after receipt of such notice to notify Landlord in writing of Tenant’s election to (i) fund the Additional Maintenance Obligations itself, (ii) terminate this Lease, or (iii) continue under this Lease without making any of the Additional Maintenance Obligations.