Material Repair definition

Material Repair means a Repair the cost of which exceeds $250,000; PROVIDED, HOWEVER, on January 1 of each year starting in 2006 said $250,000 shall be adjusted to reflect the percentage change in the Consumer Price Index since the prior January 1.
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Material Repair means we will pick up your non-working whole unit, to be sent into our repair center for an extended period of time (or to manufacturer’s repair center, sometimes up to 8 weeks) to repair only the portion that is broken. A replacement unit is not left or reinstalled, as is the case of “Exchange”. This option is available only if you can accept operating without the unit for an extended period of time (up to 8 weeks). If so, your account has purchased spare units and accepts this form of repair. The cost is less than “Exchange” due to replacements not being installed. However, this does require higher labor (time) costs, because it requires a minimum of 2 trips (de-install/pickup and deliver/reinstall). Shipping (if necessary to manufacturer) is added to the “Material Repair” cost, and then labor (time) cost is added, which determines the total cost. Material Repairs are warranted for 90 days from reinstallation date.
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Material Repair means a Repair, the cost which exceeds $250,000.
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Examples of Material Repair in a sentence

  • If Owner fails to disapprove of such Material Repair within such twenty (20) Business Days, Owner shall be deemed to have approved same.

  • If Landlord fails to disapprove of such Material Repair within such twenty (20) Business Days, Landlord shall be deemed to have approved same.

  • Except as set forth in SECTION 6.2, prior to making any Material Repair, Tenant shall submit, to Landlord in writing, a proposal setting forth, in reasonable detail, the proposed Material Repair and shall provide to Landlord such plans and specifications, and such permits, licenses, contracts and such other information concerning the same as Landlord may reasonably request.

  • During the Construction Warranty Period for each elevator, the elevators receive Preventive Maintenance and Time and Material Repair Services only under this Agreement.

  • Prior to making any Material Repair, Manager shall submit, to Owner in writing, a proposal setting forth, in reasonable detail, the proposed Material Repair and shall provide to Owner such plans and specifications, and such permits, licenses, contracts and such other information concerning the same as Owner may reasonably request.

  • Advanced Composite Material Repair (ACMR) at the organizational level is limited to temporary repair until intermediate level maintenance support is available.

  • Based on the SPA, all the Vendor’s Conditions Precedent have been fulfilled save for the Vendor’s obligation to undertake the Material Repair, Rectification, Remedial and Replacement Works (based on the results of the Building Due Diligence Inspection and Audit Report) to the satisfaction of the independent consultant (“Outstanding Vendor’s Conditions Precedent”).

  • The following shall be the schedule of hourly rates of pay for the classifications indicated: Production and General Service Employee Material Repair and Maintenance Journeyman Millwright Masters Senior Process Technician Process Technician Quality Control Inspector Senior Quality Control Inspector Production Technician Shipping Employee Effective January all employees will receive an increase of one and seven-tenths percent (1.7%) in their hourly rates of pay.

  • Class A Concrete Repair Material Repair material shall be Class A Portland Cement Concrete as described in Section 1000 of the Standard Specifications.

  • Repair Material Options Polymer Modified Concrete Repair Material Repair material shall be polymer modified cement mortar for vertical or overhead applications and shall be suitable for applications in marine environments.

Related to Material Repair

  • Good repair means about 80 percent of materials and components are unbroken, have all their pieces, and can be used by children as intended by the manufacturer or builder.

  • Repair means the reconstruction, replacement, or renewal of any part of an existing building for the purpose of its maintenance or to correct damage.

  • Substantial improvement means any combination of repairs, reconstruction, rehabilitation, addition, or other improvement of a structure, taking place during any one-year period for which the cost equals or exceeds 50 percent of the market value of the structure before the “start of construction” of the improvement. This term includes structures which have incurred “substantial damage”, regardless of the actual repair work performed. The term does not, however, include either:

  • Tenant Work All work installed or furnished to the Premises by Tenant in connection with Tenant’s initial occupancy pursuant to Rider 2 and the Workletter.