Exceptional Maintenance definition
Examples of Exceptional Maintenance in a sentence
Exceptional Maintenance" means road construction including, but not limited to, repaving, milling, pulverizing pavement and the adding of base course together with required redesign of highways for safety purposes or to meet State standards at the time of said redesign.
If the Independent Engineer reports that Exceptional Maintenance is required, then the PSCW shall review such report and, Lessee shall pay to Lessor as Supplemental Rent the amount approved by the PSCW as the amount that the Fair Market Value of the Leased Facility is diminished due to the need to undertake Exceptional Maintenance.
If the Independent Inspection Engineer reports that Exceptional Maintenance is needed, then the PSCW shall review the End of Term Inspection Report and, if the PSCW approves the Exceptional Maintenance Amount, Lessee shall pay such approved Exceptional Maintenance Amount to Lessor upon return of the Leased Facility to Lessor.
If the Independent Inspection Engineer reports that Exceptional Maintenance is needed, then the PSCW shall review the End of Term Inspection Report and, if the PSCW approves the Exceptional Maintenance Amount, Lessee shall pay Lessor’s Percentage of such approved Exceptional Maintenance Amount to Lessor upon return of the Leased Facility to Lessor.
If the Independent Engineer reports that Exceptional Maintenance is required, then the PSCW shall review such report and, Lessee shall pay to Lessor as Supplemental Rent the amount approved by the PSCW as the amount that the Fair Market Value of the Leased Premises is diminished due to the need to undertake Exceptional Maintenance.