Scheduled Repairs definition

Scheduled Repairs means the Scheduled Repairs described in the Reserve Letter, if any.
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Scheduled Repairs means work which is required at specified intervals or arises from the routine servicing and which, as a result, are planned arrangements in the Vehicle’s maintenance cycle;
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Scheduled Repairs shall include the "Additional Replacements," as applicable.
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Examples of Scheduled Repairs in a sentence

  • The Deferred Maintenance Deposit shall be used solely for the payment of the actual costs of the Scheduled Repairs.

  • Upon completion of the Scheduled Repairs in accordance with the requirements hereof, the portion of the Deferred Maintenance Deposit remaining undisbursed, if any, shall be disbursed to Borrower.

  • Notwithstanding anything contained herein to the contrary, Borrower agrees to perform all of the Scheduled Repairs within sixty (60) days after the date hereof or such other period of time, if any, set forth in the Reserve Letter.

  • In connection with any Work that is (i) a structural repair or improvement, (ii) a replacement or repair of a major component or element of any part of the Property or (iii) Scheduled Repairs, Lender may require, at Borrower’s expense, one or more inspections and/or certificates of completion by an appropriate independent, qualified professional (e.g., architect, engineer, consultant) approved by Lender.

  • In the event Lender determines that (i) the balance in the Reserve is less than the current estimated cost to complete the Work and pay the Leasing Commissions which Borrower, in the prudent operation of the Property can reasonably be anticipated to incur during the succeeding twenty four (24) months, or (ii) the balance of the Deferred Maintenance Deposit is less than the amount necessary to complete the Scheduled Repairs, Borrower shall deposit the shortage within ten (10) days of request by Lender.

  • The payment of such sums shall not be deemed to extend the period of time allowed herein for completion of the Scheduled Repairs.

  • Notwithstanding anything contained herein to the contrary, B▇▇▇▇▇▇▇ agrees to perform all of the Scheduled Repairs within sixty (60) days after the date hereof or such other period of time, if any, set forth in the Reserve Letter.

  • In the event that the Borrower shall not complete the Scheduled Repairs within such period of time the Borrower shall pay to the servicer administering the Deferred Maintenance Deposit the sum of $150.00 per month until the Scheduled Repairs are completed and approved.

  • In connection with any Work that is (i) a structural repair or improvement, (ii) a replacement or repair of a major component or element of any part of the Property or (iii) Scheduled Repairs, Lender may require, at Borrower's expense, one or more inspections and/or certificates of completion by an appropriate independent, qualified professional (e.g., architect, engineer, consultant) approved by Lender.

  • In connection with any Work that is (i) a structural repair or improvement, (ii) a replacement or repair of a major component or element of any part of the Property or (iii) Scheduled Repairs, Lender may require, at Borrower’s expense, one or more inspections and/or certificates of completion by an appropriate independent, qualified professional (e.g., architect, engineer, consultant) approved by L▇▇▇▇▇.

Related to Scheduled Repairs

  • Scheduled Repayment shall have the meaning provided in Section 4.02(a).

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

  • Extended Repayment Date shall have the meaning provided in Section 2.5(c).

  • Scheduled Maintenance means any adjustment, repair, removal, disassembly, cleaning, or replacement of components or systems required by the manufacturer which is performed on a periodic basis to prevent part failure or equipment or engine malfunction, or anticipated as necessary to correct an overt indication of malfunction or failure for which periodic maintenance is not appropriate.

  • Scheduled Completion Date shall be the date set forth in Clause 10.3;