Maintenance and repair costs definition

Maintenance and repair costs means costs and expenses incurred by a cooperating party from the party's own revenues for maintaining or repairing a project.
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Maintenance and repair costs means Licensor’s costs for labor and materials required to perform splicing and testing to restore or maintain normal functioning of the Cable and Cable Facilities for which Licensee has a license pursuant to this Agreement; provided, however, that Maintenance and Repair Costs do not include any relocation or replacement costs. Licensor shall notify Licensee’s outage coordinator at least two (2) weeks in advance of any planned maintenance, repair, removal or replacement of Cable or Cable Facilities which Notice shall include the type of action, the expected duration and the estimated costs.
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Maintenance and repair costs means all costs to maintain, replace and repair a Building, the Premises, or any part of a Building or the Premises, including (a) costs paid to Third Parties under maintenance, management, and service Contracts for janitorial, security, and refuse removal services; (b) costs to maintain, repair, and replace the structural portions of the roofings and the roof coverings of a Building; (c) costs to maintain, repair, and replace the heating, ventilating, air conditioning, interior sprinkler systems, plumbing, sewer, drainage, electrical, fire protection, escalator, elevator, life safety and security systems (collectively, the “Systems”) and any damage or repairs necessary to be made to a Building or the Premises as a result of a failure or other issue with any such Systems; (d) costs of window glass replacement and repair; (e) costs of any repairs to the foundation, the footings, the floor slabs, and the load-bearing walls and exterior walls of the Buildings located at a Building, the Premises, the Amenity Center or any part of a Building, the Premises, or the Amenity Center; and (f) the cost of capital improvements or repairs, amortized on a pro rata basis over the useful life of such capital improvement or repairs as reasonably determined by Landlord taking into account all relevant factors.
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Examples of Maintenance and repair costs in a sentence

  • Maintenance and repair costs on older vehicles are typically much more costly than maintenance and repairs on newer vehicles.

  • Maintenance and repair costs are expensed as incurred while additions, improvements and replacements are capitalized.

  • Maintenance and repair costs also increased considerably.” But that was not the team’s only challenge: “The tunnel boring machines (TBMs) jammed and came to a complete standstill for months,” Köpf xxxx and explains: “In fault areas with heavily dissected, enclosed rock and rock resting on the shield, the TBM in the south tunnel got stuck three times, the TBM in the north tunnel once.

  • Maintenance and repair costs may be included here if directly allocated to program.

  • Maintenance and Repair Costs -- Maintenance and repair costs are expensed as incurred.


More Definitions of Maintenance and repair costs

Maintenance and repair costs which include the cost of replacement parts and maintenance and repairs undertaken under this agreement by Persons not included in the FSRU’s complement of shipboard personnel (including services and spares, where services shall cover all reasonable amounts, prudently incurred, paid for assistance to the FSRU by such Persons such as voyage repairmen and specialists), equipment rentals, service contracts, fees paid to the classification society, regulatory authorities and consultants and other similar expenses, and spares shall cover all reasonable amounts, prudently incurred for spare parts (including transportation and insurance), normal replacement of machinery and equipment which has become warn out, lost, damaged or obsolete, repair and reconditioning of machinery and equipment and other similar expenses, and all other costs incurred for maintaining and repairing the FSRU&M;
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Related to Maintenance and repair costs

  • 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;

  • 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.

  • 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.

  • refurbishment means repairing of used electrical and electronic equipment as listed in Schedule I for extending its working life for its originally intended use and selling the same in the market or returning to owner;

  • Cleaning means the act of removing septage or other wastes from a wastewater treatment system component or grease/waste from a grease interceptor.

  • 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 §175A of the CAA, as amended.

  • Operation and Maintenance Costs means the costs of:

  • Repair or replacement means the restoration of vehicles, vessels, or outboard

  • 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.

  • Repair means to restore to proper operating condition a tank, pipe, spill prevention equipment, overfill prevention equipment, corrosion protection equipment, release detection equipment or other UST system component that has caused a release of product from the UST system or has failed to function properly.

  • Repairs means the repairs to be made to the Mortgaged Property, as described on the Repair Schedule of Work (Exhibit C) or as otherwise required by Lender in accordance with this Loan Agreement.

  • Repair coating means a coating used to re-coat portions of a previously coated product which has sustained mechanical damage to the coating following normal coating operations.

  • 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,

  • Maintenance With respect to any Cooperative Unit, the rent paid by the Mortgagor to the Cooperative Corporation pursuant to the Proprietary Lease.

  • Installation means that the System or a Subsystem as specified in the Contract is ready for Commissioning as provided in GCC Clause 26 (Installation).

  • 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. Manual Load Dump Action:

  • Erection, construction, remodeling, repairing means all types of work done on a particular building or work at the site thereof in the construction or development of the project, including without limitation, erecting, construction, remodeling, repairing, altering, painting, and decorating, the transporting of materials and supplies to or from the building or work done by the employees of the Contractor, Subcontractor, or Agent thereof, and the manufacturing or furnishing of

  • Routine maintenance means activities to keep an impervious surface as near as possible to its constructed condition. This includes ordinary maintenance activities, resurfacing paved areas, and exterior building changes or improvements which do not materially increase or concentrate stormwater runoff, or cause additional nonpoint source pollution.

  • Maintenance and Support Services means the services provided by Contractor under Appendix F.

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Maintenance and Support means updates, upgrades, patches, fixes, etc. and technical support provided for the Products and Services that Supplier is required to provide directly to DXC or a DXC Customer.

  • Maintenance and Operations Revenue or “M&O Revenue” means (i) those revenues which the District receives from the levy of its annual ad valorem maintenance and operations tax pursuant to Section 45.002 of the TEXAS EDUCATION CODE, or other lawful authority, and Article VII § 3 of the TEXAS CONSTITUTION, plus (ii) all State revenues to which the District is or may be entitled under the applicable provisions of the TEXAS EDUCATION CODE or any other statutory provision as well as any amendment or successor statute to these provisions, as applicable, less

  • 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.

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

  • Scheduled Maintenance means routine maintenance scheduled by Orange to implement generic changes to, or updates of, the Orange Services or the Orange Network.