Deferred Maintenance definition

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

Deferred Maintenance means any maintenance or repair that:

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

Examples of Deferred Maintenance in a sentence

• The district participates in the State School Deferred Maintenance Program, with funding allocated for major repair or replacement of existing school building components.

• A regional prioritized list and optimization have been produced for most regions and the Federal Highway Deferred Maintenance is calculated via the HPMA.

• Etiwanda School District participates in the State School Deferred Maintenance Program which provides dollar-for-dollar matching funds to assist school districts with major repairs or replacement of existing school building components; these typically include roofing, plumbing, heating, air conditioning, electrical systems, interior/exterior painting, and floor systems.

• Together with each such request, Borrower shall furnish Lender with copies of bills and other documentation reasonably required by Lender to establish that such Deferred Maintenance Costs are reasonable, that the work relating thereto has been completed and that such amounts are then due or have been paid.

• Not more frequently than once each Interest Accrual Period, and provided that no Event of Default has occurred and is continuing, Borrower may notify Lender in writing and request that Lender release to Borrower funds from the Deferred Maintenance Sub-Account, to the extent funds are available therein, for payment of Deferred Maintenance Costs.

More Definitions of Deferred Maintenance

Deferred Maintenance means the maintenance, repair,

Deferred Maintenance has the meaning provided in Section 5.1(V).

Deferred Maintenance means improvements necessary for continued operation which that do not improve productivity, or alter the process technology, reduce pollution or conserve resources.

Deferred Maintenance means improvements necessary for continued operationwhich that do not improve productivity, or alter the process technology, reduce pollution or conserve resources.

Deferred Maintenance. ’ means the maintenance, repair, recon- struction or rehabilitation of a building located at a technical college or a postsecondary educational institution which has been deferred, any utility systems relating to such building, any life-safety upgrades to such building and any improvements necessary to be made to such building in order to comply with the requirements of the Americans with disabilities act or

Deferred Maintenance means any maintenance or repair that: Will be performed less frequently than yearly; and Will result in maintaining the useful life of an asset.

Deferred Maintenance means the practice of postponing maintenance activities such as repairs on both real property (i.e. infrastructure) and personal property (i.e. machinery) in order to save costs, meet budget funding levels, or realign available budget monies.