Maintenance Security definition

Maintenance Security has the meaning set forth in Section 1.2 of the CMA.
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Maintenance Security has the meaning set forth in Section 4.1 to this CMA. [Maintenance Standard(s)] [include definition if Non-discriminatory Change Provisions are utilized] means the list of mandatory specifications, manuals and standards referenced throughout the Contract Documents and CMC Documents applicable to the Maintenance Services and included in the Maintenance Management Plan.
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Maintenance Security has the meaning set forth in Section 1.2 of the CMA. Maintenance Services has the meaning set forth in Section 1.2.2 of the CMA General Conditions. Milestone(s) means one or both of Milestone 1 and Milestone 2, as applicable.
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Examples of Maintenance Security in a sentence

  • The Developer/Owner agrees that if it transfers said property without providing the notice of transfer and assumption agreement, or equivalent, as required herein, it will be in breach of this Reservation Agreement and the Town may require that all work be stopped relative to the Project and may require payment of the Performance and Maintenance Security to assure the completion of the Project, as determined by the Town in its sole and absolute discretion.

  • The proposed transferee may be required to furnish new Performance Security and Maintenance Security acceptable to the Town, as applicable and determined by the Town.

  • In order to secure due payment of the maintenance bills and other charges raised by the Maintenance Agency, the Applicant agrees to deposit to NBCC an Interest Free Maintenance Security (IFMS) @ Rs. 50/- per Sft of Super area of Dwelling Unit towards Maintenance Corpus Deposit payable before taking possession of apartment as and when called by NBCC.

  • In the event TxDOT does not receive the Maintenance Security required under Section 3.2 of the CMA General Conditions by the deadline set forth therein, DB Contractor shall forfeit as liquidated damages and not as a penalty such sums, or if a letter of credit is provided in lieu of retained amounts, TxDOT shall have the right to draw on the letter of credit.

  • The unused portion of the Maintenance Security Deposit shall be transferred to the Association without interest when incorporated.

  • It is understood and agreed by the Developer that the Performance Security and the Maintenance Security, subject to their limits, are to furnish Security for the Developer’s obligations hereunder, but that such obligations are not limited by the amount of such Security.

  • The undersigned Developer has applied to the City for a Performance and Maintenance Security Agreement for the project known as (the “Project”), which is the subject of the permit identified above (the “Permit”) located at the address identified above and legally described in the attached Exhibit A (the “Property”).

  • The unused portion of the Maintenance Security Deposit shall be transferred to the Association as and when desired by the Association.

  • As Maintenance Security, DB Contractor may elect to provide and maintain a letter of credit in the amount and pursuant to the requirements set forth in this Section 7.2 (the “P&P Letter of Credit”).

  • DB Contractor shall have the option at any time to deliver an irrevocable letter of credit in the amount of $[insert amount of Maintenance Security] in lieu of the retained sums in a form and on terms acceptable to TxDOT in its discretion.


More Definitions of Maintenance Security

Maintenance Security means the security provided by the Owner in accordance with clause 9.2 of this deed.
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Maintenance Security means a Security or part of a Security provided to the applicable Infrastructure Authority to secure the maintenance of a Work Contribution. Material Change of Use has the meaning in the Planning Act.
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Maintenance Security means a bank guarantee delivered to the Lessor in the form enclosed at Schedule 6 by the Lessee as monetary security for due performance of its obligations in relation to the Lessee Maintenance Works in the amount specified in the Lease Details.
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Maintenance Security means a bond or other acceptable surety deposited by an applicant with the city to:
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Maintenance Security has the meaning set forth in Section 7.1 of the Capital Maintenance Agreement.
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Maintenance Security means the Bank Guarantee for the maintenance of the Drainage Reserve and Bioretention Basin during the Maintenance Liability Period as set out in Table 2 of Schedule 4. Maintenance Security Amount means the amount of security required for the Maintenance Security under clause 11 as set out in Item 7 of Schedule 2.
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Related to Maintenance Security

  • Maintenance Services means SAP’s then-current maintenance and/or support services offered under and described in detail in the applicable SAP PartnerEdge Model.

  • Reference Security means the security specified as such in the relevant Final Terms. If a Reference Security is no longer outstanding, a Similar Security will be chosen by the Quotation Agent at 11:00 a.m. (CET) on the third Business Day preceding the Make-whole Redemption Date, quoted in writing by the Quotation Agent to the Issuer and published in accordance with Condition 12 (Notices).

  • 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.

  • Performance Security means monetary guarantee to be furnished by the successful Tenderer for due performance of the contract placed on it. Performance Security is also known as Security Deposit or Performance Bank Guarantee.

  • Retail Service and Maintenance Sector Means the service and maintenance of retail facilities which includes financial institutions, retail businesses, schools and hospitals but does not include commercial premises as defined.

  • Interest Free Security Deposit/ Performance Security means interest free amount to be deposited by the Licensee with DMRC as per terms and conditions of License Agreement as a security against the performance of the License Agreement.

  • 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.

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

  • maintenance order , in relation to a court, means an order made by a court —

  • Maintenance Plan means a maintenance plan pursuant to N.J.A.C. 7:8-5.2(b) and 5.8 prepared by the design engineer for the stormwater management measures incorporated into the design of a major development.

  • 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 Agency means the Builder or any association, society, company, body or committee formed/appointed by the Builder for the Common Purposes.

  • 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 Release means any update, upgrade, release or other adaptation or modification of the Software, including any updated Documentation, that Contractor may generally provide to its licensees from time to time during the Term, which may contain, among other things, error corrections, enhancements, improvements or other changes to the user interface, functionality, compatibility, capabilities, performance, efficiency or quality of the Software.

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

  • Maintenance agreement means a document recorded in the land records that acts as a property deed restriction, and which provides for long-term maintenance of stormwater management practices.

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

  • Maintenance Programme shall have the meaning set forth in Clause 14.3; “Maintenance Period” shall have the meaning set forth in Clause 14.1; “Maintenance Requirements” shall have the meaning set forth in Clause 14.2;

  • Additional Performance Security shall have the meaning set forth in Clause 7.1;

  • 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.

  • 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.

  • Maintenance Requirements shall have the meaning set forth in Clause 14.2;

  • System Security means the secure state of the Grid achieved when the System Operator acts in accordance with its principal performance obligations in relation to common quality and dispatch that are set out in Part 7 of the Code;

  • Maintenance Period shall have the meaning set forth in Clause 14.1; “Maintenance Requirements” shall have the meaning set forth in Clause 14.2;

  • Maintenance Manual shall have the meaning ascribed to it in Clause 10.7; “Maintenance Programme” shall have the meaning set forth in Clause 14.3; “Maintenance Period” shall have the meaning set forth in Clause 14.1; “Maintenance Requirements” shall have the meaning set forth in Clause14.2;

  • Engine under the Lease. The term "Engines" means, as of any date of determination, both Engines then leased to the Lessee pursuant to the Lease.