Examples of Deferred Maintenance in a sentence
Tenant agrees that Tenant, at its sole cost and expense, shall be responsible for the Deferred Maintenance for the Leased Premises.
As a disclosure, in years prior to the date hereof, LAUSD has contributed approximately $30-million towards Deferred Maintenance and together with the State matching funds, approximately $60-million was available for Deferred Maintenance, which was used to address less than one percent (1%) of the $6-billion backlog of Deferred Maintenance services and projects for the entirety of LAUSD.
LAUSD operated schools are not guaranteed or assured of Deferred Maintenance during each year that a portion of LAUSD’s General Fund is contributed towards Deferred Maintenance.
In addition to the Project, Tenant, at its sole cost and expense, shall be solely responsible for Deferred Maintenance for those alterations, modifications or improvements to the Leased Premises that Tenant constructs or causes to be constructed so that such alterations, modifications, or improvements shall be in a good, safe and sanitary condition in compliance with all Applicable Law.
Tenant shall establish an account, which it shall fund with approximately one-half of one percent (0.50%) of the average daily attendance of its school per school year; provided, that this account shall be under the control of Tenant and which funds shall be restricted for the Deferred Maintenance for the Leased Premises.