Ongoing Maintenance definition

Ongoing Maintenance means a general term used to designate all the various types of work the Town does or contracts to be done on behalf of the owner to ensure that the burial plats are kept in good repair and that the surrounding grounds are properly cared for. This does not include monuments or grave covers;
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Ongoing Maintenance. We recognize the importance of proactive maintenance in preserving the integrity of paved surfaces, and River City Enterprises will offer comprehensive maintenance programs tailored to the specific needs of each such project. Our maintenance services will encompass routine inspections, preventive maintenance measures, and timely repairs to address any issues and prolong the lifespan of the pavement. By prioritizing ongoing maintenance, we will maximize the value proposition for the VCU and ensure the long-term sustainability of investments.
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Ongoing Maintenance means any expenditure not considered a betterment and includes but is not limited to painting, mechanical maintenance and replacement of existing parts. Ongoing maintenance is anticipated and ensures an asset will reach its estimated useful life, however it does not extend useful life. Ongoing maintenance is expensed in the operating budget; and
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Examples of Ongoing Maintenance in a sentence

  • Subject to the complete satisfaction of the conditions precedent set forth in Article VII with respect to such Ongoing Maintenance Advance and the limitations set forth in Section 2.1, the Lenders shall distribute funds in the amount set forth in such Subsequent Advance Acceptance to the Payment Account to be disbursed by the Securities Intermediary in accordance with the terms of the Account Control Agreement.

  • The Human Resources Director shall notify Department Managers of the positions in their department when scheduled for Ongoing Maintenance.

  • The Administrative Agent shall have received a Borrowing Request (including a Borrowing Base Certificate) for such Ongoing Maintenance Advance (which may be an electronic or facsimile transmission).

  • Such Ongoing Maintenance Advance shall not exceed an amount such that such Ongoing Maintenance Advance, when taken together with the outstanding balance of all previous Advances (including any Protective Advances), would cause the aggregate outstanding balance of the Advances to exceed the Borrowing Base as of the date of such Ongoing Maintenance Advance.

  • No Event of Default or Unmatured Event of Default shall have occurred and be continuing or will result from the making of such Ongoing Maintenance Advance.

  • A request may only be made in a year when the Ongoing Maintenance Process is not taking place for that classification.

  • Notwithstanding that Advances made from time to time hereunder may be used to pay Ongoing Maintenance Costs, the relationship of each Secured Party and the Borrower is solely one of lender and borrower and this Loan Agreement does not constitute a partnership, tenancy-in-common, joint tenancy or joint venture between any of the Secured Parties and the Borrower, nor does this Loan Agreement create an agency or fiduciary relationship between any of the Secured Parties and the Borrower.

  • Future Ongoing Maintenance may be performed within a periodic cycle.

  • No event shall have occurred during the shorter of (i) the three (3) year period preceding the date of such Ongoing Maintenance Advance and (ii) the period of time commencing on the Closing Date and ending on the date of such Ongoing Maintenance Advance, that could reasonably be expected to have a Material Adverse Effect.

  • The Lenders shall not have made more than two (2) other Ongoing Maintenance Advances in the calendar month of the proposed Advance Date for such Ongoing Maintenance Advance.

Related to Ongoing Maintenance

  • Routine maintenance means actions performed on a regular or controllable basis or in response to uncontrollable events upon a highway, road, street, or bridge. Routine maintenance includes, but is not limited to, 1 or more of the following:

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

  • Operation and Maintenance Costs means the costs of:

  • 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.

  • 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;

  • Deferred Maintenance means improvements necessary for continued operations which do not improve productivity or alter the process technology.

  • Preventive Maintenance means that maintenance, performed on a scheduled basis by the Contractor, which is designed to keep the Equipment in proper operating condition.

  • Monthly Maintenance Statement shall have the meaning set forth in Clause 19.6;

  • 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.

  • Emergency Maintenance means any period of maintenance for which, due to reasons beyond its reasonable control, Connaught is unable to provide prior notice of.

  • Generator Maintenance Outage means the scheduled removal from service, in whole or in part, of a generating unit in order to perform necessary repairs on specific components of the facility, if removal of the facility meets the guidelines specified in the PJM Manuals.

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

  • Prosecution and Maintenance or “Prosecute and Maintain” means, with regard to a Patent Right, the preparing, filing, prosecuting and maintenance of such Patent Right, as well as handling re-examinations, reissues, and requests for patent term extensions with respect to such Patent Right, together with the conduct of interferences, the defense of oppositions and other similar proceedings with respect to the particular Patent Right. For clarification, “Prosecution and Maintenance” or “Prosecute and Maintain” will not include any other enforcement actions taken with respect to a Patent Right.