Operational Maintenance definition

Operational Maintenance means services for the care for and maintenance of the Warehouse Complex, Premises and Land Plot, specified in Appendix 4 to the Lease Agreement;

Operational Maintenance has the meaning given in the Lease Agreement;

Operational Maintenance. Maintenance or reconditioning that neither 44 materially adds to the value of the property nor appreciably prolongs 45 its life. The work serves only to keep the facility in an ordinary, 46 efficient operating condition. From an accounting or tax perspective, 47 it is work that may be expensed. Examples include interior painting, 1 repair of broken windows, light bulb replacement, cleaning, 2 unplugging drains, preventative maintenance, normal wear and tear, 3 water, sanitation, road maintenance, greasing, servicing, inspecting, 4 oiling, adjusting, tightening, aligning, sweeping, and incidental snow 5 removal.

Examples of Operational Maintenance in a sentence

• Upon the termination of this Agreement, Tenant shall vacate the Premises (including all improvements thereon) in a condition which would have been in compliance with the Operational Maintenance requirements of Section 7.1 of this Agreement had the Agreement not terminated, reasonable wear and tear and damage by casualty and condemnation excepted.

• Tenant is not required to obtain EDA’s prior approval for (x) non-structural remodeling, non-structural alterations, or installation or removal of Removables; (y) temporary improvements or alterations to accommodate particular events or (z) Operational Maintenance.

• Subject to EDA’s obligations as set forth in Section 7.2 below, EDA has no obligation to perform or incur expenses related to Operational Maintenance.

• Tenant shall, at its sole cost and expense, perform all Operational Maintenance in compliance with all applicable Governmental Rules of any Governmental Authority applicable to the Premises from time to time, and generally consistent with the operation and maintenance practices of the Comparable Facilities, subject to ordinary wear and tear, Force Majeure events and condemnation or casualty.

More Definitions of Operational Maintenance

Operational Maintenance means the services of the Management Company in terms of maintenance and servicing of the Complex, the Warehouse Building and the Land Plot specified in Appendix 4 hereto, as well as services for the provision of the Premises with water supply, sewerage (waste water intake and sewerage);

Operational Maintenance means maintenance that occurs on a daily basis including, but not limited to, janitorial and custodial services, operations of utilities and grounds keeping.

Operational Maintenance means all maintenance and repair necessary to, at, or upon the Premises that would be operating expenses in accordance with GAAP including (i) preventative or routine maintenance that is stipulated in the operating manuals for the Premises; (ii) periodic testing of building systems, such as mechanical, card-key security, fire alarm, lighting and sound systems; (iii) ongoing trash removal; (iv) routine maintenance procedures for heating, ventilation and air- conditioning, plumbing, electrical, and vertical lift systems (e.g., escalators and elevators); (v) painting or application of protective materials; (vi) normal cleaning prior to, during and following, and necessary as a direct result of events at the Stadium; and (vii) routine changing of light bulbs, ballasts, fuses and circuit breakers as they fail in normal use. Operational Maintenance shall not include Capital Improvements.

Operational Maintenance. Maintenance or reconditioning that neither 44 materially adds to the value of the property nor appreciably prolongs 45 its life. The work serves only to keep the facility in an ordinary, 46 efficient operating condition. From an accounting or tax perspective, 47 it is work that may be expensed. Examples include interior painting, 1 repair of broken windows, light bulb replacement, cleaning, 2 unplugging drains, preventative maintenance, normal wear and tear, 0 xxxxx, xxxxxxxxxx, xxxx xxxxxxxxxxx, xxxxxxxx, xxxxxxxxx, xxxxxxxxxx, 4 oiling, adjusting, tightening, aligning, sweeping, and incidental snow 5 removal.

Operational Maintenance. Means the maintenance that the leased asset needs to maintain its benefit according to custom.

Operational Maintenance means the services provided by the Lessor or the Management Company related to maintenance of the Complex, the Warehouse Building and the Land Plots specified in clause 4.3 of the Agreement;

Operational Maintenance means any activity or repair required to keep a stormwater management system functioning as permitted and designed.