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

• Type (Maintenance or Capital): Maintenance dredge applies to an area that has been dredged more than once and either annually or on a regular basis and was last dredged with the past 7 years; and a Capital dredge applies where an area/depth is being dredged either for the first time, or which has not been dredged within the past 7 years.

• In lieu of reimbursement, TxDOT may elect, in its discretion, to deduct such amounts from any amounts payable to DB Contractor under this Capital Maintenance Contract.

• In lieu of reimbursement, TxDOT may elect, in its sole discretion, to deduct such amounts from any amounts payable to Maintenance Contractor under this Capital Maintenance Agreement.

• Alternatively, TxDOT, in its sole discretion, may deduct the amount of such costs and expenses from any sums owed by TxDOT to Maintenance Contractor pursuant to this Capital Maintenance Agreement.

• Concurrent with the execution of this Agreement, the parties and/or their Affiliates are also entering into the Capital Maintenance Agreement, the RBC Reporting Letter Agreement and the Assignment Letter Agreement.

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 or rehabilitation

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 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 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 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: (a) all capital modifications, repairs, or replacements to the Clubhouses or golf courses that are reasonably necessary to keep the Golf Courses in the condition required by this Agreement or to prevent the facilities and amenities from becoming materially outdated or obsolete; (b) all work, the cost of which may properly be capitalized under GAAP, that is reasonably required to be performed in and about the Golf Courses to repair, restore or replace any elements of the golf courses or clubhouses necessitated by any damage, destruction, ordinary wear and tear or obsolescence, including repairs, the cost of which may properly be capitalized under GAAP or capital replacements, repairs, or modifications required by law ii. Capital Investment means additions of upgrades or modifications to the Clubhouses or golf courses which add to the value of the properties, prolong their useful life or add new uses.