Repairs and Equipment Estimate definition

Repairs and Equipment Estimate shall have the meaning ascribed to it in Section 5.02.D.
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Repairs and Equipment Estimate shall have the meaning ascribed to it ------------------------------ in Section 7.02.D.
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Repairs and Equipment Estimate shall have the meaning given to such term in Section 10.02(e).
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Examples of Repairs and Equipment Estimate in a sentence

  • Owner shall review the Repairs and Equipment Estimate and Supplemental Repairs and Equipment Estimate submitted in good faith by Manager.

  • In preparing the Annual Operating Projection and Repairs and Equipment Estimate for each Annual Accounting Period, Manager's goal will be the maximization of long-term Operating Profit, in keeping with the Residence Inn Standards (as hereinafter defined) and the general standards of the hotel industry for similar properties.

  • Such Annual Operating Projection and Repairs and Equipment Estimate shall be in reasonable detail and such Annual Operating Projection shall include, without limitation, on an Inn by Inn basis, projected Inn Income, Inn Operating Expenses, Gross Revenues and Deductions, proposed material leases and contracts and other items as Lender may reasonably request.

  • Successor's approval shall be deemed to have been given if Manager has received no notice from Successor to the contrary within thirty (30) days after Successor's receipt of such preliminary drafts of the Annual Operating Projection and Repairs and Equipment Estimate.

  • Such Repairs and Equipment Estimate and any Supplemental Repairs and Equipment Estimate shall also indicate the estimated time schedule for the making of such replacements and renewals.

  • As defined in, and as required by the terms of the Initial Management Agreement, the Annual Operating Budget, Marketing Budget, Capital Budget and Repairs and Equipment Estimate (collectively "Budgets") will be prepared by the Initial Property Manager and delivered to Managing Member, who will in turn deliver all such items to the other Members.

  • Manager may, at any time and from time to time, prepare and submit to Owner a supplemental Repairs and Equipment Estimate (each, a "Supplemental Repairs and Equipment Estimate").

  • The Repairs and Equipment Estimate (and, if applicable, any Supplemental Repairs and Equipment Estimate") shall be prepared on a consolidated basis showing proposed expenditures as to each Hotel and the Hotels collectively.

  • The Capital Budget proposed by Initial Property Manager will include the Repairs and Equipment Estimate and a reserve of $500 per unit, in the Property to be available for capital repairs and the acquisition of furniture, fixtures and equipment normally capitalized under generally accepted accounting principles ("Reserve").

  • If Owner shall fail to notify Manager within sixty (60) days of receipt of either or any thereof of its disapproval of any item in the proposed Repairs and Equipment Estimate or Supplemental Repairs and Equipment Estimate, as applicable, for any Hotel, then the Repairs and Equipment Estimate or Supplemental Repairs and Equipment Estimate, as applicable, for each such Hotel shall be deemed approved.


More Definitions of Repairs and Equipment Estimate

Repairs and Equipment Estimate shall have the meaning ascribed to it ------------------------------ in Section 7.02 D. "Reserve" shall have the meaning ascribed to it in Section 7.02 A; ------- provided, however, that the Reserve shall be adjusted as provided in Sections 18.02 D, 18.03 D, and 18.04 D.
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Repairs and Equipment Estimate is defined in Section 11.02(c).
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Related to Repairs and Equipment Estimate

  • Contractor’s Equipment means all apparatus, machinery, vehicles and other things required for the execution and completion of the Works and the remedying of any defects. However, Contractor’s Equipment excludes Temporary Works, Employer’s Equipment (if any), Plant, Materials and any other things intended to form or forming part of the Equipment.

  • Plant and Equipment means permanent plant, equipment, machinery, apparatus, articles and things of all kinds to be provided and incorporated in the Facilities by the Contractor under the Contract (including the spare parts to be supplied by the Contractor under GCC Sub-Clause 3.3 hereof), but does not include Contractor’s Equipment.

  • Standard equipment means the basic configuration of a vehicle which is equipped with all the features that are required under the regulatory acts of the Contracting Party including all features that are fitted without giving rise to any further specifications on configuration or equipment level.

  • Project Equipment means all personal property, goods, leasehold improvements, machinery, equipment, furnishings, furniture, fixtures, tools and attachments wherever located and whether now owned or hereafter acquired, financed in whole or in part with the proceeds of the Bonds, and any additions and accessions thereto, substitutions therefor and replacements thereof, including, without limitation the Project Equipment described in Appendix C hereto, as amended from time to time in accordance herewith.

  • Repair means to restore to proper operating condition a tank, pipe, spill prevention equipment, overfill prevention equipment, corrosion protection equipment, release detection equipment or other UST system component that has caused a release of product from the UST system or has failed to function properly.

  • Equipment Cost means, for any Item of Equipment, the gross amount paid by the Company to the manufacturer thereof, including all applicable sales taxes, and delivery charges as invoiced by such manufacturer to the Company.

  • Leased Equipment means the computers, servers, machinery and equipment and other tangible personal property leased by Seller for use in the operation or conduct of the Business.

  • Replacement Equipment means operational equipment or other parts used by Tenant to replace any of the Equipment.

  • Metering Equipment means all metering equipment installed at the metering points designated in the appropriate appendix to an Interconnection Service Agreement. Minimum State of Charge:

  • Operating Equipment means furniture, furnishings, special lighting fixtures, carpeting, draperies, decorations or other special finishing work, signs, appliances and trade fixtures and equipment that is furnished, installed or used by the Contractor in its operations on the Airport. It does not include Fixed Improvements, or repair or maintenance of Operating Equipment or Fixed Improvements or displays or decorations that are of a seasonal or temporary promotional nature.

  • Customer Premises Equipment or "CPE" means equipment employed on the premises of a Person other than a Carrier to originate, route or terminate Telecommunications (e.g., a telephone, PBX, modem pool, etc.).

  • Rental Equipment means the equipment identified on the Service Agreement and Order Schedule or otherwise notified to you in writing that we will rent to you as part of our provision of the Services and which you will return to us after expiry or termination of the Agreement, subject to the provisions of this Agreement.

  • New equipment means equipment for which, by the cut-off date, neither of the following events has occurred:

  • CONSTRUCTION EQUIPMENT means all appliances and equipment of whatsoever nature for the use in or for the execution, completion operation or maintenance of the work unless intended to form part of permanent work.

  • Fixtures and Equipment means all of the furniture, fixtures, furnishings, machinery, automobiles, trucks, spare parts, supplies, equipment, tooling, molds, patterns, dies and other tangible personal property owned by the Company, wherever located and including any such Fixtures and Equipment in the possession of any supplier of the Company, including all warranty rights with respect thereto.

  • Supplier Equipment means the Supplier's hardware, computer and telecoms devices, equipment, plant, materials and such other items supplied and used by the Supplier (but not hired, leased or loaned from the Customer) in the performance of its obligations under this Call Off Contract;

  • Additional Equipment means equipment that is not factory fitted in the Vehicle, including but not limited to navigation equipment (GPS), baby seat, bicycle rack etcetera;

  • Fixed Equipment means any property affixed in any way to the Licensed Premises existing at the time Notice to Proceed is given, whose removal would damage the Licensed Premises.

  • Leasehold Improvements means all leasehold improvements situated in or on the Leased Real Property and owned by Seller.

  • Tenant Improvements Defined in Exhibit B, if any.

  • Machinery and equipment shall have the meaning specified in Section 1.1(c).

  • Repairs means the repairs to be made to the Mortgaged Property, as described on the Repair Schedule of Work (Exhibit C) or as otherwise required by Lender in accordance with this Loan Agreement.

  • Installation Work means the construction and installation of the System and the start-up, testing and acceptance (but not the operation and maintenance) thereof, all performed by or for Provider at the Premises.