Repair Item definition
Examples of Repair Item in a sentence
For the purposes of evaluating whether Corrective Maintenance qualifies as either Minor or Major Corrective Maintenance, the Contractor shall calculate the total cost of the Corrective Maintenance in accordance with the following formulas, and the cost shall be calculated per Repair Item which shall be compared to the Major/Minor Corrective Maintenance Threshold listed in Table 2.
Lessee shall give Lessor written notice of any Lessor Capital Repair Item that Lessee has identified as needing repair or replacement (whether expected or unexpected), and Lessor shall promptly commence the repair or replacement thereof.
If Lessor does not agree that any such Lessor Capital Repair Item is in need of repair or replacement or that such item is not a Capital Repair, then Lessor shall so notify Lessee in writing within ten (10) days of Lessor’s receipt of Lessee’s notice, including the reasons therefor.
If Lessee and Lessor cannot reach agreement as to the repair or replacement of the Lessor Capital Repair Item in question or as to the nature of the repair (i.
For purposes hereof, “cosmetic conditions” means cracks, scratches, discolorments or aesthetic imperfections that do not affect the working condition of the Repair Item.
If Club elects to replace a Capital Maintenance and Repair Item rather than repair it, Club may proceed without approval from the City if the replacement item is identical to the item to be replaced, or a more recent model of the item to be replaced; if Club desires to replace the item with one of different specifications, or to alter the design, the Club must seek the City’s approval, which approval shall not be unreasonably withheld, conditioned, or delayed.
The arbitrator shall determine whether based upon ▇▇▇▇▇▇’s standard for having replaced and/or repaired capital items at the Property during the Base Term, such item would have been repaired or replaced and whether or not the repair or replacement constitutes a Lessor Capital Repair Item.
Any Capital Repair Item shall be repaired, cured, maintained or replaced in a good, workmanlike and lien free fashion.
If the Final Invoices are greater than the Item Cost Cap, then all costs incurred by Lessee for the repair or replacement of a Repair Item in excess of the Item Cost Cap for that specific Repair Item shall be the sole responsibility of, and shall be paid promptly by, Lessee.
Not more than three (3) Business Days prior to the Closing, Buyer and Sellers shall hold a final walkthrough of the Properties to confirm substantial completion of each Agreed Repair Item.