Repair Threshold definition

Repair Threshold has the meaning set forth in the Summary of Loan Terms.
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Repair Threshold has the meaning set forth in the Summary of Master Terms.
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Examples of Repair Threshold in a sentence

  • If the Works cost £600, £500 of the cost would be covered under the Inclusive Repair Threshold and £100 would require written approval as this would exceed the £50 limit.

  • E.g. if a piece of Reactive Maintenance Works costs £550 and the Inclusive Repair Threshold is £500.

  • Please note this value is over and above any Inclusive Repair Threshold you may have set.

  • Please see definition within Joint Schedule 1 – Definitions; Inclusive Repair Threshold – here you must state whether you will operate an Inclusive Repair Threshold under which the costs of individual Reactive Maintenance Works are included in the tendered fixed cost and the Baseline Monthly Payment i.e., not billable to the Buyer in addition to the Baseline Monthly Payment.

  • Please see definition within Joint Schedule 1 – Definitions;  Inclusive Repair Threshold – here you must state whether you will operate an Inclusive Repair Threshold under which the costs of individual Reactive Maintenance Works are included in the tendered fixed cost and the Baseline Monthly Payment i.e., not billable to the Buyer in addition to the Baseline Monthly Payment.

  • However, in no event shall Tenant be obligated to expend more than $5,000, in the aggregate, in any twelve month period (the “Repair Threshold”) on any repair(s) to, or replacement(s) of, either or both the Chiller System and/or the RO/DI System, and in the event the Repair Threshold occurs, Tenant shall not be obligated to perform any further repairs on, or to otherwise continue to maintain, the Chiller System and/or the RO/DI System for the balance of the Term.

  • If Rise Broadband believes the total labor and parts cost will exceed the Repair Threshold, Rise Broadband will obtain confirmation from the Customer that the customer is financially liable for any amount above the Repair Threshold.

  • Repairs above or outside of the Repair Threshold are carried out as Task Authorizations or through other means (i.e., DCC or military).

  • Repairs under the Repair Threshold can be carried out without Task Authorization meeting Response Times as identified in the Contract.

  • The Replace/Repair Service is included in the PC Care Support subscription, up to the Repair Threshold, whereas customer will be billed any overage costs that exceed the Repair Threshold.

Related to Repair Threshold

  • Alteration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Restoration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Ownership Threshold means, with respect to any Person, Beneficial Ownership of the greater of (A) 15% of the Common Shares at any time outstanding or (B) the percentage of the outstanding Common Shares Beneficially Owned by such Person on the date of this Rights Agreement, plus in the case of this clause (B) 1% of the Common Shares outstanding on such date.

  • Indemnity Threshold has the meaning set forth in Section 9.3.

  • Micro-purchase threshold means the dollar amount at or below which a district may purchase property or services using micro-pur- chase procedures. Generally, the micro-purchase threshold for pro- curement activities administered under federal awards is not to ex- ceed the amount set by the Federal Acquisition Regulations (FAR) at 48 C.F.R. Part 2, Subpart 2.1 [see below], unless a higher threshold is requested by the district and approved by the cogni- zant agency for indirect costs.

  • Required Repair Fund shall have the meaning set forth in Section 7.1.1 hereof.

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.

  • Stated Threshold means total losses under the shared loss agreements in the amount of $41,000,000.00.

  • Threshold means with respect to Party B: infinity.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Expansion Capital Expenditures means cash expenditures for Acquisitions or Capital Improvements. Expansion Capital Expenditures shall include interest (including periodic net payments under related interest rate swap agreements) and related fees paid during the Construction Period on Construction Debt. Where cash expenditures are made in part for Expansion Capital Expenditures and in part for other purposes, the General Partner shall determine the allocation between the amounts paid for each.

  • Materiality Threshold means limits for related party transactions beyond which the shareholders' approval will be required as specified in Companies Act, 2013 and rules thereof and amendments thereto.

  • Required Repair Account shall have the meaning set forth in Section 7.1.1 hereof.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • Maintenance Capital Expenditure means cash expenditures (including expenditures for the construction of new capital assets or the replacement, improvement or expansion of existing capital assets) by a Group Member made to maintain, over the long term, the operating capacity or operating income of the Partnership Group. For purposes of this definition, “long term” generally refers to a period of not less than twelve months.

  • Expenditure minimum means:

  • Casualty Amount means five hundred thousand Dollars (USD500,000) (or the equivalent in any other currency);

  • Accelerated Purchase Minimum Price Threshold means, with respect to any Accelerated Purchase made pursuant to Section 2(b) hereof, any minimum per share price threshold set forth in the applicable Accelerated Purchase Notice.

  • Independent expenditure means an expenditure by a person:

  • Required Repairs shall have the meaning set forth in Section 7.1.1 hereof.

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • Emergency Expenditure means any of the Eligible Expenditures set forth in the CERC Operations Manual in accordance with the provisions of Section I.G of Schedule 2 to this Agreement and required for the activities included in the CERC Part of the Project.

  • Additional Accelerated Purchase Minimum Price Threshold means, with respect to an Additional Accelerated Purchase made pursuant to Section 2(c) hereof, any minimum per share price threshold set forth in the applicable Additional Accelerated Purchase Notice.

  • Net Working Capital Target means $0.00.

  • Threshold Percentage means 15%.