Repairs Maintenance and Replacements. 7.01 Routine Repairs and Maintenance ------------------------------- Manager shall maintain each Inn in good repair and condition and in conformity with applicable laws and regulations and shall make or cause to be made such routine maintenance, repairs and minor alterations, the cost of which can be expensed under generally accepted accounting principles, as it, from time to time, deems necessary for such purposes. The cost of such maintenance, repairs and alterations shall be paid from Gross Revenues and shall be treated as a Deduction in determining Operating Profit.
Repairs Maintenance and Replacements. 5.01 Repairs and Maintenance to be Paid from Gross Revenues........................................13 5.02 Repairs, Maintenance and Equipment Replacements to be Paid From Reserve.......................13 5.03 Major Repairs Alterations, Improvements, Renewals, and Replacements to be Funded by Owner.....15 5.04
Repairs Maintenance and Replacements. 8.01 Routine Repairs and Maintenance ------------------------------- Management Company shall maintain the Inns in good repair and condition and in conformity with applicable laws and regulations and shall make or cause to be made such routine maintenance, repairs and minor alterations, the cost of which can be expensed under generally accepted accounting principles, as it, from time to time, deems reasonably necessary for such purposes. The cost of such maintenance, repairs and alterations shall be paid from Gross Revenues and shall be treated as a Deduction in determining Operating Profit. The cost of non-routine repairs and maintenance, either to an Inn building or its FF&E, shall be paid for in the manner described in Sections 8.02 and 8.03.
Repairs Maintenance and Replacements. 32 Section 8.01 Routine Repairs and Maintenance.......................................................32 Section 8.02 FF&E Reserve..........................................................................32 Section 8.03 Building Alterations, Improvements, Renewals, and Replacements........................35 Section 8.04 Liens.................................................................................36 Section 8.05 Ownership of Replacements.............................................................36
Repairs Maintenance and Replacements. 8.01 Routine Repairs and Maintenance -------------------------------
Repairs Maintenance and Replacements. 7.01 Routine Repairs and Maintenance ------------------------------- Management Company shall maintain the Hotels in good repair and condition and in conformity with applicable laws and regulations and shall make or cause to be made such routine maintenance, repairs and minor alterations, the cost of which can be expensed under generally accepted accounting principles, as it, from time to time, deems reasonably necessary for such purposes. The cost of such maintenance, repairs and alterations shall be paid from Gross Revenues and shall be treated as a Deduction in determining Operating Profit. The cost of non-routine repairs and maintenance, either to a Hotel building or its FF&E, shall be paid for in the manner described in Sections 7.02 and 7.03.
Repairs Maintenance and Replacements. 8.01 Repairs and Maintenance ----------------------- Tenant shall, on Landlord's behalf and as Landlord's agent with respect to such obligation, maintain each Hotel in good repair and condition and in conformity with applicable laws and regulations and shall make or cause to be made such routine maintenance, repairs, and minor alterations, the cost of which can be expensed under generally accepted accounting principles, as it, from time to time, deems necessary for such purposes. The cost of such maintenance, repairs, and alterations shall be paid from Gross Revenues and shall be treated as a Deduction in determining Operating Profit.
Repairs Maintenance and Replacements. 56 8.1 Routine Repairs and Maintenance .................................. 56 8.2 FF&E Reserve ..................................................... 56 8.3 Building Alterations, Improvements, Renewals, and Replacements ... 60
Repairs Maintenance and Replacements. 7.1 The City may interrupt or curtail the Water and Wastewater Services for such periods of time as it may reasonably require for the purpose of effecting repairs, maintenance, replacement, upgrading or other work related to the City’s Infrastructure, provided that:
Repairs Maintenance and Replacements. (a) Except for those items set forth in Section 8(b) which are the responsibility of Landlord, Tenant shall, at its own sole cost and expense, keep each and every portion of the Premises, including the Building and grounds, in good repair and condition, reasonable wear and tear and damage due to fire or other casualty excepted, at all times on and after commencement of the Term to and including the date of the termination of the Term, by lapse of time or otherwise, so as to preserve and protect the useful life, utility and value of the Premises, and in all events so as to preserve the effectiveness of any warranty relating thereto. Without limiting the foregoing, Tenant shall promptly and adequately repair, maintain and replace the electrical, sprinkler, plumbing and mechanical systems; the septic system and/or sewer system servicing the Building; utility connections; the parking lot, driveways and sidewalks on the Premises and any components thereof, and striping of the parking lot; lighting in and around the Premises; interior and exterior glass; glazing systems and through-wall flashing; water tightness of all walls; landscaping; and all damaged or broken fixtures and appurtenances. Tenant shall, upon Landlord's request, deliver to Landlord a written statement showing all removals and replacements of any such systems or components during the preceding calendar year, including manufacturers, model numbers, and serial numbers in order to establish a current list of what assets are owned by whom. Landlord may, upon five (5) business days prior notice, cause independent private inspectors, qualified in the specific discipline, to make inspections of any building component or part or segments thereof to determine Tenant's compliance under this Section 8(a). The cost of such inspection shall be borne by Landlord unless the inspection reveals more than DE MINIMIS non-compliance with this Section 8(a), in which case the cost of the inspection shall be borne by Tenant. Landlord shall endeavor to minimize the interference with Tenant's use of the Premises during any such inspection.
