Maintenance Costs definition

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 Costs means the amounts actually paid by Service Provider and approved in advance by DIR for the provision of maintenance and support Services in respect of STM Servers and peripheral Equipment used in connection with such STM Servers that are acquired by Service Provider after the Effective Date. The HSC payable by DIR shall be calculated each month following the Commencement Date, and shall replace the base charge amounts HSC found in Attachment 4-A. Capital Expenditures shall be included in the HSC calculation on a prorated basis over a sixty (60) month period beginning in the month following the month during which the applicable STM Server was installed and available for DIR Customer’s business processing in a DIR Customer’s Production Environment in accordance with the Service Management Manual. Maintenance Costs shall be included in the calculation beginning in the month following the month in which the the applicable STM Server was installed and available for DIR Customer’s business processing in a DIR Customer’s Production Environment in accordance with the Service Management Manual; provided, however, that where Service Provider pre-pays for a benefit that will be received over a period of time (e.g. pre-paid maintenance services), such amount shall be included in the calculation on a prorated basis over such time period, but in no event greater than a twelve month period of time (e.g. if Service Provider pays $120 in January for annual maintenance agreement, Service Provider will spread such cost over 12 months). No Capital Expenditures or Maintenance Costs shall be included in the calculation with respect to any STM Server (a) that is not installed in a DIR Customer’s Production Environment (e.g. the applicable order for such Server is cancelled), (b) that remains installed in a DIR Customer’s Production Environment following the end of its applicable sixty (60) month payment period (except as expressly provided in this Section below) or (c) that is not dedicated to use by DIR or DIR Customer except to the extent otherwise agreed, subject to DIR’s responsibility to pay cancellation fees as set forth below.
Maintenance Costs. (defined and provided for in Section 16(b) hereof "real estate taxes" (defined and provided for in Section 28(b) hereof) and insurance (provided for in Section 28 hereof). In the event Tenant fails to open for business within one hundred twenty (120) days after the date possession of the demised premises has been delivered to Tenant, Landlord, in addition to any and all other available remedies, may require Tenant to pay to Landlord, in addition to all other rent and charges herein, as liquidated damages and not as a penalty, an amount equal to one-three hundred sixty five thousandths (1/365) of the annual minimum rent for each day such failure to open continues.

Examples of Maintenance Costs in a sentence

  • The term “Property Operating Expenses” shall mean and include all Real Property Taxes, plus all Landlord’s Insurance Costs, plus all Property Maintenance Costs.

  • The term "Property Operating Expenses" shall mean and include all Real Property Taxes, plus all Landlord's Insurance Costs, plus all Property Maintenance Costs.

  • Future Operating and Maintenance Costs: The City of Tucson will own and operate the completed project.

  • 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 Maintenance Costs

Maintenance Costs means Customer’s proportional share of the direct and indirect maintenance cost associated with monitoring and maintaining the Mining Equipment to Mine using the Mining Power.
Maintenance Costs means those costs as specified in Ohio Administrative Rule 5101:2-47-02.
Maintenance Costs means all expenditures required specifically in relation to the operation or maintenance of a capital project.
Maintenance Costs means the amounts paid by Service Component Provider and approved in advance by Customer for the provision of maintenance support services in respect of security hardware and peripheral equipment used in connection with such security hardware acquired by Service Component Provider after the Effective Date. The HSC payable by Customer shall be calculated each month following the Commencement Date, and shall be prorated over the applicable refresh term beginning in the month following the month during which the security hardware was installed and available for Customer use in accordance with the Service Management Manual. Maintenance Costs shall be included in the calculation beginning in the month following the month in which the applicable security hardware was installed and available for Customer use in accordance with the Service Management Manual; provided, however, that where Service Component Provider pre-pays for a benefit that will be received over a period of time (e.g. pre-paid maintenance services), such amount shall be included in the calculation on a prorated basis over such time period, but in no event greater than a twelve month period of time (e.g. if Service Component Provider pays $120 in January for annual maintenance agreement, Service Component Provider will spread such cost over 12 months). No Capital Expenditures or Maintenance Costs shall be included in the calculation (a) that is not installed, (b) that remains installed following the end of its applicable refresh term (except as expressly provided in this Section below) or (c) that is not dedicated to use by Customer except to the extent otherwise agreed, subject to DIR’s responsibility to pay cancellation fees as set forth below.
Maintenance Costs has the meaning set forth in Section 2.12.
Maintenance Costs means fees, rentals, taxes and other payments and costs incurred in satisfying work expenditure requirements, preparing reports and satisfying other requirements imposed under applicable Legal Requirements or the Nevada JV Licenses or other contracts or agreements included in the Nevada JV Assets that must be paid or incurred in order for the Nevada JV Licenses or such other contracts or agreements to remain in good standing.
Maintenance Costs means fees, rentals, taxes and other payments and costs incurred in satisfying work expenditure requirements, preparing reports and satisfying other requirements imposed under the Licenses or other contract or agreement included in the Nevada JV Assets that must be paid or incurred in order for the Licenses or such other contracts or agreements to remain in good standing.