Major Repairs definition
Major Repairs. All repairs to the Leased Property of every kind and nature, whether interior or exterior, structural or non-structural (including, without limitation, all parking decks and parking lots), which extend the life of the Leased Property (as opposed to being routine maintenance and repair expenditures), as shall be necessary or appropriate from time to time during the Term.
Major Repairs means those works to a Property owned by a Registered Provider which are necessary to ensure the continued habitability of the Property, excluding re-improvements, and which fall into the following categories:
Major Repairs means repairs to or rebuilding of the frame, steering, suspension, or braking systems. Major repairs to braking systems does not include routine maintenance such as replacing brake shoes, pads or drums.
Examples of Major Repairs in a sentence
The applicable prevailing rate of wage shall be the rate in effect at the time VEOLIA first undertakes such Repairs or Major Repairs.
However, VEOLIA and Owner understand and agree that Repairs and Major Repairs, as non-routine or major reparative work, performed under this Agreement likely constitute “Public Works” as defined in ORS 279C.800 (“Prevailing Wage Work”).
In the event that VEOLIA is required to pay prevailing wages for the operations and maintenance services set forth in Appendix B (other than Major Repairs, Repairs, replacements, or other capital projects) (such services, the “O&M Work”), then that circumstance will be deemed a Change in Law and VEOLIA and Owner shall execute a mutually agreeable amendment changing VEOLIA’s Base Fee.
More Definitions of Major Repairs
Major Repairs means those repairs payable with funds appropriated in the general appropriations act, except those funds transferred from the operating budget of one governmental body to supplement and complete a project under contract by the division of administration facility planning and control section.
Major Repairs and “Alterations” shall mean the following:
Major Repairs means, any repair or replacement to the pre-existing elements that (a) is not ordinary maintenance; (b) for which the cost exceeds $2,000; and (c) that is expected to occur after registration of the condominium corporation because the remaining service life of the pre-existing elements or a subsequent service life of them has come to an end.Service Life means, in relation to the pre-existing elements, (a) the length of time, as accepted in the industry, between full replacements of an element or system of the pre-existing elements, and (b) the length of time until a major repair that includes less than full replacement is typically needed to an element or system of the pre-existing elements. Remaining Service Life means, in relation to pre-existing elements, the time period between their current age and the time when major repairs to them are next expected to become necessary. Expected Major Repair Schedule The report must include an expected major repair schedule. This schedule shows the major repairs which are expected to occur within the initial period.8 The expected major repair schedule must be developed, taking into consideration the visual condition, the state of obsolescence, the findings of the required testing, the state of fitness for habitation, and a comparison against the requirements of the Ontario Building Code (per the OBC compliance section of the capital replacement plan) and requirements of applicable laws (per the applicable laws section of the capital replacement plan). Forecasted Budgets and Timing For both the 45-year major repair schedule and the expected major repair schedule, all expenditure forecasts must be “all-in” costs. This means that they must include all construction costs, including mobilization, demobilization, permit, bonding, access and “all-other-items” costs related to the project, as well as a reasonable construction contingency, allowance for engineering or other costs related to oversight of the project and applicable taxes. Expenditure forecasts must take into consideration the fact that the work will be done in an occupied building with related requirements to manage phasing and related challenges (i.e. relocating vehicles to permit garage repairs). Pricing should be representative of what a typical condominium corporation could be expected to obtain when tendering work. The cost information used by the consultant should be based on the consultant’s own cost database from similar projects, historical costs prov...
Major Repairs means repairs costing more than Five Hundred Dollars, ($500.00) individually or aggregating more than One Thousand Dollars, ($1,000.00) in any lease year in respect of any one such system.
Major Repairs means those repairs payable with funds appropriated
Major Repairs means any repair (or concurrently performed repairs) that cost in excess of Ten Thousand Dollars ($ 10,000).
Major Repairs means those works to a Property that is owned by an Unregistered Body that is an almshouse, which are necessary to ensure the continued habitability of the Property, excluding re-improvements, and which fall into the following categories: