Permitted Work definition

Permitted Work means refuelling, changing wheels, driver change, minor repairs and maintenance. It must be work which can be completed in Pit Lane within a maximum of 5 minutes. Major works such as replacing the cooling system/engine/driveline/suspension components must be completed in the pit garage; and

Permitted Work means work to the Leased Improvements which will not affect any of the structural elements of the Leased Improvements and which, in the aggregate, costs less than FIFTY THOUSAND AND NO/100 DOLLARS ($50,000.00) during any consecutive twelve (12) month period. Any work to the Facility, regardless of cost, which (A) will affect any structural element of any of the Leased Improvements and (B) is not otherwise subject to an approval of the Lessor pursuant to any other provision of this Lease, shall still require the prior written consent of the Lessor, which consent may be withheld by the Lessor in its sole and absolute discretion.

Permitted Work means refuelling, changing wheels, driver change, minor repairs, and maintenance; and

Examples of Permitted Work in a sentence

• Notwithstanding Section 9.1 above, the Lessee shall have the right to perform Permitted Work (as defined below) without the Lessor's prior approval or consent as long as the Lessee gives to the Lessor prior notice that the Lessee is undertaking such Permitted Work and provides the Lessor with reasonably detailed plans and specifications describing the work to be done.

• Notwithstanding Section 9.1 above, Lessee shall have the right to perform Permitted Work (as defined below) without Lessor's prior approval or consent as long as Lessee gives to Lessor prior notice that Lessee is undertaking such Permitted Work and provides Lessor with reasonably detailed plans and specifications describing the work to be done.

• As used herein the term “Plans” means, collectively, the plans, specifications, construction contracts and other documents in Seller’s possession and reasonably requested by Buyer relating to the Permitted Work.

• The ACI Permitted Work and the Additional Property Permitted Work shall be performed and completed in accordance with the terms of this Agreement, each of the respective plans that were disclosed to Purchaser prior to the Effective Date (the “Permitted Plans”), the ACI Lease and the Additional Property Leases (as applicable), all applicable laws and regulations and in a good and xxxxxxx-like manner.

• Beginning on the day after April 2008’s Reporting Date, and continuing on the day after each month’s Reporting Date occurring under this Agreement, the Lenders will transfer funds in the Monthly Escrow Amount (as defined hereafter) from the Borrowers’ account to an interest bearing escrow account maintained by Lenders and established to finance the costs and expenses associated with the Permitted Work.

• The parties acknowledge that funds in the approximate amount of $118,000 have been released by the Administrative Agent from the Xxxxxxxx Wastewater Escrow at the Borrowers’ request for payment of costs comprising part of the Permitted Work.

• Seller has commenced the ACI Permitted Work and the Additional Property Permitted Work prior to the Effective Date, and will hereafter use commercially reasonable efforts to complete the ACI Permitted Work and the Additional Property Permitted Work by the date that is ninety (90) days after the Closing Date (the “Self Help Date”).

• All Permitted Work shall be performed and completed in accordance with the terms of this Agreement, all applicable laws and regulations and in a good and xxxxxxx-like manner.

• Buyer shall also have the right to consult with Seller on the Permitted Work and Seller shall reasonably consider any comments from Buyer regarding the same.

• Buyer shall be entitled to accompany Seller’s Representatives and any persons conducting the Permitted Work to observe any activities carried out in connection with the Permitted Work.

More Definitions of Permitted Work

Permitted Work means work for which a building permit has been issued under these Regulations;

Permitted Work shall have the meaning assigned thereto in Section 3.8.

Permitted Work means work to the Facility which will not affect any of the structural elements of the Facility and which costs less than FIFTY THOUSAND AND NO/100 DOLLARS ($50,000.00) during any consecutive twelve (12) month period. Any work to the Facility, regardless of cost, which (a) will affect any structural element of the Facility and (b) is not otherwise subject to an approval of Lessor pursuant to any other provision of this Lease, shall still require the prior written consent of Lessor, which consent may be withheld by Lessor in its sole and absolute discretion.

Permitted Work has the meaning set forth in Section 5.6(b).

Permitted Work shall be defined as work within the interior of the portion of the Building contained within the Premises which: (i) is not visible from the exterior of the Building, (ii) does not affect the roof, structure of systems of the Building, (iii) costs $25,000.00 or less, (iv) which are cosmetic in nature (i.e., wall coverings, floor coverings, painting), and (v) of which Tenant has given Landlord at least five (5) days prior written notice (which notice shall contain either plans and specifications or other reasonable description of the work); provided, however, that such prior notice shall not be required (a) in an emergency (it being agreed that Tenant shall provide such notice as is reasonable thereafter), (b) for routine maintenance and janitorial services that otherwise meet the requirements of this sentence, or (c) for the installation of cosmetic alterations as set forth in subclause (iv) above that otherwise meet the requirements of this sentence. All work to be performed to the Premises by Tenant shall (i) be performed in a good and workmanlike manner by contractors approved in advance by Landlord and in compliance with the provisions of Exhibit D and all applicable zoning, building, fire, health and other codes, regulations, ordinances and laws, (ii) be made at Tenant’s sole cost and expense and at such times and in such a manner as Landlord may from time to time designate, and (iii) be free of liens and encumbrances and become part of the Premises and the property of Landlord without being deemed additional rent for tax purposes, Landlord and Tenant agreeing that Tenant shall be treated as the owner of the work for tax purposes until the expiration or earlier termination of the Term hereof, subject to Landlord’s rights pursuant to Subsection 6.1.9 to require Tenant to remove the same at or prior to the expiration or earlier termination of the Term hereof and, to the extent Landlord shall make such election, title thereto shall remain vested in Tenant at all times. Tenant shall pay promptly when due the entire cost of any work to the Premises so that the Premises, Building and Property shall at all times be free of liens, and, at Landlord’s request, Tenant shall furnish to Landlord a bond or other security acceptable to Landlord assuring that any such work will be completed in accordance with the plans and specifications theretofore approved by Landlord and assuring that the Premises will remain free of any mechanics’ lien or other encumbrances that ...