Capital Maintenance definition

Capital Maintenance means maintenance or rehabilitation performed either (i) to extend the useful life of a facility, system, or component, or (ii) to restore a Public-Private Facility to the condition required upon expiration of the Public-Private Agreement.

Capital Maintenance. Contract or CMC means the Capital Maintenance Agreement and these CMA General Conditions, including all exhibits attached hereto, as such may be amended, supplemented, amended and restated or otherwise modified from time to time in accordance with the terms of the CMC.

Capital Maintenance means as defined in N.J.A.C. 6A:26-1.2.

Examples of Capital Maintenance in a sentence

• At all times when work is being performed by any employee of DB Contractor under the Capital Maintenance Contract, DB Contractor shall procure and keep in force, or cause to be procured and kept in force, a policy of workers’ compensation and employer’s liability insurance in conformance with applicable Law.

• DB Contractor acknowledges that it has reviewed the Design-Build Contract, including provisions affecting Change Orders requested by DB Contractor under this Capital Maintenance Contract.

• The EPDs shall itemize the estimated annual costs of insurance premiums for each coverage required to be provided by DB Contractor under Section 3.3. The EPDs shall include all assumptions, detailed quantity takeoffs, price reductions and discounts, rates of production and progress calculations, and quotes from Subcontractors used by DB Contractor to arrive at the Maintenance Price, and any adjustments to the Maintenance Price under this Capital Maintenance Contract.

• Maintenance Services shall continue and be carried out in accordance with all the provisions of the CMC Documents and this Capital Maintenance Contract shall be and shall remain in full force and effect, unless formally suspended or terminated by TxDOT in accordance with the terms hereof.

• Any terms and conditions applicable to a particular letter of credit that DB Contractor is required to or may provide under this Capital Maintenance Contract are set forth in the provisions of this Capital Maintenance Contract describing such letter of credit.

More Definitions of Capital Maintenance

Capital Maintenance means maintenance intended to extend the useful life of a school facility, including upgrades and replacements of building systems, such as structure, enclosure,

Capital Maintenance means as defined in N.J.A.C. 6A:26-1.2. "Capital outlay" means capital outlay as defined in GAAP. "Capital project" means as defined in N.J.A.C. 6A:26-1.2.

Capital Maintenance means maintenance intended to extend the useful life of a school facility, including upgrades and replacements of building systems, such as structure, enclosure, mechanical, plumbing and electrical systems, and can be considered to constitute or be part of a school facilities project.

Capital Maintenance means maintenance or rehabilitation

Capital Maintenance means in relation to public transportation projects, the direct cost of any work necessary for preserving or maintaining the useful life of public transportation projects, provided the work is associated with the acquisition, installation, and/or rehabilitation of components, which are not included in the normal operating maintenance of equipment and facilities or replaced on a scheduled basis. The work shall ensure the useful life of the project for not less than five years.

Capital Maintenance means those certain repairs and improvements to the Premises, consistent with then-existing industry standards for “Class A” commercial properties in Downtown Dallas, that the parties mutually determine would increase the capacity or operating efficiency of an asset, are substantial, and would be treated as a capital item and not as an expense under generally accepted accounting principles. The City and CARA MIA shall coordinate and cooperate to minimize disruption of the Premises programming and events while avoiding additional cost or delays to the Capital Maintenance.

Capital Maintenance means as defined in N.J.A.C. 6A:26A-1.3.