Substantial Repair definition

Substantial Repair means, with respect to gates, the repair or replacement of 50% or more of the components of the gate and with respect to fences, where any continuous line of fencing between two intersecting angles of any degree undergoes repair or replacement of 50% or more of the components of such line.
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Substantial Repair means any work required to remedy anything which threatens the structure or renders the premises inhabitable, creates an intolerable nuisance or could be construed as a breach of the landlord's covenant in the head- lease;
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Substantial Repair means the cost to repair the advertising device would exceed sixty
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Examples of Substantial Repair in a sentence

  • The cost of all of the foregoing (each of which shall be a Substantial Repair) shall be included as Complex Operating Costs.

  • However, notwithstanding anything to the contrary herein, if the cost of a Substantial Repair exceeds $50,000 per occurrence (based on reasonable estimate of Lessors contractor(s)), for the purpose of its inclusion in Complex Operating Costs, the cost of such Substantial Repair shall be amortized over its useful life commencing with the time of completion of such Substantial Repair, with interest from such commencement at the prime rate of Citibank (or its successor) plus 2%.


More Definitions of Substantial Repair

Substantial Repair means the cost to repair the advertising device would exceed sixty (60) percent of the costs to replace it with an adverting device of the same basic construction using new materials and at the same location.
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Substantial Repair means repair to the extent that the repair alters the original construction.
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Substantial Repair means any repair or replacement to any mechanical system (heating, plumbing, electrical, HVAC), structural repairs or roof repairs which would reasonably interfere with Hatchery LLC use of the Fish Lab Buildings, for the use described herein.
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Substantial Repair means any work required to remedy anything which threatens the structure or renders the premises inhabitable, creates an intolerable
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Substantial Repair means the cost to repair the advertising device would
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Related to Substantial Repair

  • Substantial improvement means any combination of repairs, reconstruction, rehabilitation, addition, or other improvement of a structure, taking place during any one-year period for which the cost equals or exceeds 50 percent of the market value of the structure before the “start of construction” of the improvement. This term includes structures which have incurred “substantial damage”, regardless of the actual repair work performed. The term does not, however, include either:

  • Substantial alteration means an alteration that has a major impact on the architectural features, characteristics, appearance, or integrity of a structure or lot. The term does not include routine maintenance that is reasonably necessary to maintain a dealership facility in attractive condition and does not include any changes to items protected by federal intellectual property rights.

  • Substantial rehabilitation means, with respect to the SAIL Program, to bring a Development back to its original state with added improvements, where the value of such repairs or improvements (excluding the costs of acquiring or moving a structure) exceeds 40 percent of the appraised as is value (excluding land) of such Development before repair and less than 50 percent of the proposed construction work consists of new construction. For purposes of this definition, the value of the repairs or improvements means the Development Cost. To be considered “Substantial Rehabilitation,” there must be at least the foundations remaining from the previous structures, suitable to support the proposed construction.

  • Substantial change means a change to the terms of this Agreement that reduces your rights or increases your responsibilities.

  • Substantial Completion means the stage in the progress of the work as determined and certified by the Contracting Officer in writing to the Contractor, on which the work (or a portion designated by the Government) is sufficiently complete and satisfactory. Substantial completion means that the property may be occupied or used for the purpose for which it is intended, and only minor items such as touch-up, adjustments, and minor replacements or installations remain to be completed or corrected which: