Annual Maintenance Payment definition

Annual Maintenance Payment means the sum of £[●] to be paid by SZC Co to East Suffolk Council in accordance with paragraph 2.4.1;
Sample 1Sample 2Sample 3
Annual Maintenance Payment means the sum of £[●] to be paid by SZC Co to EastSuffolk Council in accordance with paragraph 2.4.1;
Sample 1Sample 2
Annual Maintenance Payment means the payment set out in Schedule 3 to be made by Entrade to the Owner on the anniversary of delivery of the Project in accordance with clause 9.1, up until termination of this agreement in accordance with clause 2.1.
Sample 1

Examples of Annual Maintenance Payment in a sentence

  • During the Construction Period, SZC Co shall pay to East Suffolk Council the Annual Maintenance Payment on each anniversary of the date of first occupation of the Leiston Sports Facilities.

  • If the Actual Availability Date occurs between [***] and [***] days following the later of the Anticipated Availability Date and the Requested Activation Date of a Traffic Connection a further credit of an amount equal to an additional [***] months Initial Annual Maintenance Payment for the affected Traffic Connection will be credited towards Exodus’ Initial Annual Maintenance Payment for that Traffic Connection.

  • OC emissions shall not exceed 0.9 pound per hour and 4.0 tons per year.

  • The Owner will be paid in traches as follows: • First Payment on the date of the execution of the agreements; • Second Payment on the date that all approvals and authorisations are secured and the Landholder s106 Agreement has been completed (Clauses 2.3 and 5.1(b)); • Third Payment on the date that the Project works have been verified as completed (Clause 7); and • Annual Maintenance Payment on the anniversary of Project verification.

  • By Motion, Authorize the General Manager to Make the Annual Maintenance Payment for the Harris Northstar Customer Information System for a Total Amount Not to Exceed $92,694.09 L.

  • RTD shall maintain the Bike Shelters provided it receives the Annual Maintenance Payment from Aurora in advance of the year in which the maintenance is to be performed by RTD.

  • This plan shall be procured and paid for by RTD using Annual Maintenance Payment funds from Aurora.


More Definitions of Annual Maintenance Payment

Annual Maintenance Payment means the sum of £[●] to be paid by SZC Co to East
Sample 1
Annual Maintenance Payment means the sum of £55,000 to be paid by SZC Co to East Suffolk Council in accordance with paragraph 2.4.1;
Sample 1

Related to Annual Maintenance Payment

  • AMPS Basic Maintenance Amount, as of any Valuation Date, means the dollar amount equal to (i) the sum of (A) the product of the number of shares of AMPS and Other AMPS Outstanding on such Valuation Date multiplied by the sum of (a) $25,000 and (b) any applicable redemption premium attributable to the designation of a Premium Call Period; (B) the aggregate amount of cash dividends (whether or not earned or declared) that will have accumulated for each share of AMPS and Other AMPS Outstanding, in each case, to (but not including) the end of the current Dividend Period that follows such Valuation Date in the event the then current Dividend Period will end within 49 calendar days of such Valuation Date or

  • Operation and Maintenance Costs means the costs of:

  • Deferred Maintenance means improvements necessary for continued operations which do not improve productivity or alter the process technology.

  • Monthly Maintenance Statement shall have the meaning set forth in Clause 19.6;

  • Operation and Maintenance Expenses or ‘O&M expenses' means the expenditure incurred on operation and maintenance of the project, or part thereof, and includes the expenditure on manpower, repairs, spares, consumables, insurance and overheads;

  • Maintenance Costs means parts and materials, sublet and labour costs of a qualified licensed mechanic for the maintenance of the Revenue Service Vehicles, but shall not include costs associated with interior and exterior transit advertising signs and non-mechanical servicing of Revenue Service Vehicles such as fuelling, clearing fareboxes, cleaning and painting wheel rims, vehicle washing and other work performed by a serviceman; and,

  • Generator Maintenance Outage means the scheduled removal from service, in whole or in part, of a generating unit in order to perform necessary repairs on specific components of the facility, if removal of the facility meets the guidelines specified in the PJM Manuals.

  • Preventive Maintenance means that maintenance, performed on a scheduled basis by the Contractor, which is designed to keep the Equipment in proper operating condition.

  • Industrial maintenance coating means a high performance architectural coating, including primers, sealers, undercoaters, intermediate coats, and topcoats formulated for application to substrates, including floors, exposed to one or more of the following extreme environmental conditions listed below and labeled “For industrial use only;” “For professional use only;” “Not for residential use;” or “Not intended for residential use.”

  • Maintenance Fee The Maintenance Fee (see Contract Schedule I) will be deducted during the Accumulation Period from the Current Value on each anniversary of the date the Account is established and upon surrender of the entire Account.

  • Maintenance Fees means the non-refundable fees payable annually by Licensee to OT for Support Services;

  • Software Maintenance means the process of modifying software after delivery to correct faults, improve performance or other attributes, or adapt to a changed environment. (Reference ISO/IEC 14764:2006, as amended or superseded.) Software maintenance does not include any customization or configuration.

  • Retail Service and Maintenance Sector Means the service and maintenance of retail facilities which includes financial institutions, retail businesses, schools and hospitals but does not include commercial premises as defined.

  • Yield Maintenance Amount means, with respect to any Note, an amount equal to the excess, if any, of the Discounted Value of the Called Principal of such Note over the sum of (i) such Called Principal plus (ii) interest accrued thereon as of (including interest due on) the Settlement Date with respect to such Called Principal. The Yield-Maintenance Amount shall in no event be less than zero.

  • Yield Maintenance Period means the period from and including the date of this Note until but not including the Scheduled Initial Maturity Date.

  • Planned Maintenance means any Maintenance BT has planned to do in advance.

  • Maintenance Term means the period of time for which Customer has purchased Maintenance Services, as evidenced by the Purchase Order delivered by Customer in connection therewith, together with all renewals effected in accordance with Section 4 of this Agreement.

  • Major maintenance means the adjustment, repair or replacement of a component or module that could affect the accuracy of a measurement.

  • Routine maintenance means actions performed on a regular or controllable basis or in response to uncontrollable events upon a highway, road, street, or bridge. Routine maintenance includes, but is not limited to, 1 or more of the following:

  • Emergency Maintenance means any period of maintenance for which, due to reasons beyond its reasonable control, Sprint Convergence is unable to provide prior notice of.

  • Maintenance Period shall have the meaning set forth in Clause 14.1; “Maintenance Requirements” shall have the meaning set forth in Clause 14.2;

  • Furniture maintenance product means a wax, polish, conditioner or any other product designed for the purpose of polishing, protecting or enhancing finished wood surfaces other than floors but does not include dusting aids, wood cleaners, products designed solely for the purpose of cleaning and products designed to leave a permanent finish such as stains, sanding sealers and lacquers.

  • Operation and Maintenance or “O&M” shall mean all activities required to operate, maintain, and monitor the effectiveness of the RA as specified in the SOW or any EPA-approved O&M Plan.

  • Corrective Maintenance means the maintenance which is required when an item has failed or worn out, to bring it back to working order, which may also include those services necessary to partially restore, renew or strengthen an existing Department facility or system, following damage caused by use or normal wear and tear.

  • Maintenance Adder means an adder that may be included to account for variable operation and maintenance expenses in a Market Seller’s Fuel Cost Policy. The Maintenance Adder is calculated in accordance with the applicable provisions of PJM Manual 15, and may only include expenses incurred as a result of electric production.

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.