Deferred Maintenance Work definition

Deferred Maintenance Work means the repairs, improvements and ------------------------- replacements to the Properties in the amounts more particularly described on Exhibit A hereto. ---------
Sample 1
Deferred Maintenance Work means the repairs to the roof drain, gazebo, waste water treatment plant, asphalt, pool, fence and water heater all as more fully described in the Property Condition Survey dated May 22, 2000, prepared by National Assessment Corporation with respect to the Colonies of Margate Property and Mid-Florida Lakes Property, and prepared by Integrated Property Analysis, Inc. with respect to the DeAnza Santa Cruz Xxxperty.
Sample 1
Deferred Maintenance Work means the parking lot asphalt repairs, all as more fully described in the Property Condition Report dated November 21, 2002, prepared by National Assessment Corporation.
Sample 1

Examples of Deferred Maintenance Work in a sentence

  • Borrower shall pay for and obtain or cause to be paid for and obtained all permits, licenses and approvals required by all applicable laws with regard to the Deferred Maintenance Work, whether necessary for commencement, completion, use or otherwise.

  • Borrower covenants and agrees to construct, erect, undertake and complete or cause to be constructed, erected, undertaken and completed each item of work set forth on Exhibit B hereto (the “Deferred Maintenance Work”) no later than the date for completion of such item of Deferred Maintenance Work set forth on Exhibit B or, if no such date is set forth for such item on Exhibit B, then within 120 days after the date hereof.

  • Lender may require an inspection of the Property at Borrower’s expense prior to making a disbursement in excess of $50,000 in order to verify completion of the item(s) of Deferred Maintenance Work for which reimbursement is sought.

  • Borrower shall perform the Deferred Maintenance Work in a workmanlike manner and in accordance with all applicable laws, ordinances, rules and regulations.

  • Borrower shall complete the lien-free performance of the Deferred Maintenance Work (as defined below) on or before the date that is six (6) months after the Disbursement Date.

  • Borrower shall complete the lien-free performance of the Deferred Maintenance Work (as defined below) on or before December 31, 2000.

  • In addition to such balance, the Borrower will deposit in the Capital Expenditure and FF&E Reserve Account on the Closing Date (i) $1,992,000 for Deferred Maintenance Work, (ii) $117,000 for ADA Compliance Work and (iii) $206,000 for Environmental Remediation Work (collectively, the "Work").

  • Be it resolved that the Board of Governors, on the recommendation of the Building and Property Committee, approve Project 17-120: Centennial Centre – Deferred Maintenance Work at a cost of $10,815,644 to bring the total project budget for this project to $12,428,190.


More Definitions of Deferred Maintenance Work

Deferred Maintenance Work means the required work at the Property, as more particularly set forth on Exhibit D attached hereto.
Sample 1
Deferred Maintenance Work means those items set forth on Exhibit C attached hereto and as more fully described in the Property Condition Report dated August 31, 2006, prepared by Land America Assessment Corporation.
Sample 1

Related to Deferred Maintenance Work

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

  • Maintenance work means the repair of existing facilities when the size, type or extent of such facilities is not thereby changed or increased. While “maintenance” includes painting and decorating and is covered under the law, it does not include work such as routine landscape maintenance or janitorial services.

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

  • Scheduled Maintenance means any adjustment, repair, removal, disassembly, cleaning, or replacement of components or systems required by the manufacturer which is performed on a periodic basis to prevent part failure or equipment or engine malfunction, or anticipated as necessary to correct an overt indication of malfunction or failure for which periodic maintenance is not appropriate.

  • Operation and Maintenance Costs means the costs of:

  • 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:

  • 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.

  • Maintenance Window means the weekly maintenance windows for the Cloud Service identified in xxxxx://xxxxxxx.xxx.xxx/maintenance-windows. SAP may update the Maintenance Window from time to time in accordance with the Agreement.

  • Maintenance Test means the maintenance test set out in Clause 12.1 (Maintenance Test).

  • 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;

  • 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.

  • 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,

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

  • piece-work means any system by which earnings are calculated upon the quantity or output of work performed;

  • Operations and maintenance means a project delivery method in which the District enters into a single contract for the routine operation, routine repair, and routine maintenance of an infrastructure facility.

  • 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.

  • 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.

  • Support and Maintenance Services means the support and maintenance services described in Section 1 of these Support Terms.

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

  • 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 Outage means a time period during which Seller plans to reduce the Power Output of the Power Product, in full or in part, in order to facilitate maintenance work on the Generating Facility, other than a Major Overhaul.

  • Maintenance area means any geographic region of the United States previously designated nonattainment pursuant to the CAA Amendments of 1990 and subsequently redesignated to attainment subject to the requirement to develop a maintenance plan under Section 175A of the CAA, as amended.

  • 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.

  • Computer software maintenance contract means a contract that obligates a seller of computer software to provide a customer with:

  • Base Building Work means the base building work for the Building as described in this Manual.

  • 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.