Second Maintenance Term Clause Samples

Second Maintenance Term. 4.2.1 TxDOT, in its sole and absolute discretion, shall have the option to extend the term of this Capital Maintenance Agreement for an additional five years (the “Second Maintenance Term”). The Second Maintenance Term shall commence as of the expiration of the Initial Maintenance Term and shall continue for a period of five years, unless terminated earlier in accordance with the terms hereof. 4.2.2 If TxDOT elects to exercise its option rights for a Second Maintenance Term, TxDOT shall issue Maintenance NTP2 on or before 90 Days prior to the scheduled expiration of the Initial Maintenance Term. TxDOT shall have no liability to Maintenance Contractor for a failure to issue Maintenance NTP2.
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Second Maintenance Term. 4.2.1 TxDOT, in its sole and absolute discretion, shall have the option to extend the term of this Comprehensive Maintenance Agreement for an additional five years (the “Second Maintenance Term”); provided that TxDOT shall not be entitled to exercise the extension option for the Second Maintenance Term if it did not issue Maintenance NTP1. The Second Maintenance Term shall commence as of the expiration of the Initial Maintenance Term and shall continue for a period of five years, unless terminated earlier in accordance with the terms hereof. 4.2.2 TxDOT may elect to exercise its option rights for a Second Maintenance Term by issuing Maintenance NTP2 to Maintenance Contractor on or before 90 Days prior to the scheduled expiration of the Initial Maintenance Term. If TxDOT does not deliver Maintenance NTP2 to Maintenance Contractor by such date, TxDOT shall be deemed to have elected to terminate this Comprehensive Maintenance Agreement, unless the Parties otherwise agree in writing. TxDOT shall have no liability to Maintenance Contractor for a failure to issue Maintenance NTP2.
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Second Maintenance Term. 4.2.1 TxDOT, in its sole and absolute discretion, shall have the option to extend the term of this Capital Maintenance Agreement for an additional five years (the “Second Maintenance Term”) and may also choose to exercise the ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Bike/Pedestrian Bridges Option for this additional five years. The Second Maintenance Term shall commence as of the expiration of the Initial Maintenance Term and shall continue for a period of five years, unless terminated earlier in accordance with the terms hereof. 4.2.2 If TxDOT elects to exercise its option rights for a Second Maintenance Term, TxDOT shall issue Maintenance NTP2 on or before 90 Days prior to the scheduled expiration of the Initial Maintenance Term. Upon issuance of Maintenance NTP2, TxDOT shall notify the Maintenance Contractor if it elects to exercise the ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Bike/Pedestrian Bridges Option to include the maintenance of the ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Bike/Pedestrian Bridges in the Maintained Elements for the Second Maintenance Term. TxDOT shall not be entitled to exercise the ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Bike/Pedestrian Bridges Option for the Second Maintenance Term if it did not exercise the ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Bike/Pedestrian Bridges Option with respect to the Initial Maintenance Term. TxDOT shall have no liability to Maintenance Contractor for a failure to issue Maintenance NTP2.
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Second Maintenance Term. 4.2.1 TxDOT, in its sole and absolute discretion, shall have the option to extend the term of this Capital Maintenance Agreement for an additional five years (the “Second Maintenance Term”). The Second Maintenance Term shall commence as of the expiration of 4.2.2 If TxDOT elects to exercise its option rights for a Second Maintenance Term, TxDOT shall issue Maintenance NTP2 on or before 90 Days prior to the scheduled expiration of the Initial Maintenance Term. TxDOT shall have no liability to Maintenance Contractor for a failure to issue Maintenance NTP2.
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Second Maintenance Term. 4.2.1 If TxDOT issues Maintenance NTP1, TxDOT, in its sole and absolute discretion, shall have the option to extend the term of this Capital Maintenance Agreement for an additional five years (the “Second Maintenance Term”). The Second Maintenance Term shall commence as of the expiration of the Initial Maintenance Term and shall continue for a period of five years, unless terminated earlier in accordance with the terms hereof. 4.2.2 If TxDOT elects to exercise its option rights for a Second Maintenance Term, TxDOT shall issue Maintenance NTP2 on or before 90 Days prior to the scheduled expiration of the Initial Maintenance Term. TxDOT shall not be entitled to exercise the extension option for the Second Maintenance Term if it did not issue Maintenance NTP1. TxDOT shall have no liability to Maintenance Contractor for a failure to issue Maintenance NTP2.
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Related to Second Maintenance Term

  • Road Maintenance Purchaser shall maintain roads, commensurate with Purchaser’s use, in accor- dance with Road Maintenance Requirements in C5.31 and the Road Maintenance Specifications. Performance of road maintenance work by Purchaser may be required prior to, during, or after each period of use. The timing of work accomplishment shall be based on Purchaser’s Op- erating Schedule under B6.31.

  • Operations and Maintenance Notice Developer and Connecting Transmission Owner shall each notify the other Party, and NYISO, in writing of the identity of the person(s) that it designates as the point(s) of contact with respect to the implementation of Articles 9 and 10 of this Agreement.

  • Repairs and Maintenance ▇▇▇▇▇▇ has inspected Premises and acknowledges that it is in good condition, free of defects and fit for residential occupancy. Tenant shall promptly notify Landlord of any dangerous condition or need for maintenance existing in Premises or on the Property. Upon receipt of notice from Tenant, Landlord shall, within a reasonable time period thereafter, repair the following: (1) all defects in Premises or Property which create unsafe living conditions or render Premises untenable; and (2) to the extent required by state law, such other defects which, if not corrected, will leave Premises or Property in a state of disrepair. Except as provided above, ▇▇▇▇▇▇ agrees to maintain Premises in the neat, sanitary and clean condition free of trash and debris. All of Tenant’s trash shall be kept in designated trash containers and removed from the Premises at least once each week. Tenant obligation to maintain the Premises includes, but not limited to, replacing any light bulbs which fail during the Lease Term and regularly changing HVAC and fridge filters. Tenant shall be responsible for any clogged plumbing within the Premises. Landlord shall be responsible for all other plumbing issues between the Premises and the street or the Premises and the septic tank or in any plumbing line outside of the Premises which exclusively serves the Premises. Tenant shall be responsible for any damages to the Premises and/or Property caused by ▇▇▇▇▇▇’s abuse or neglect of the Premises/Property. Any expenses incurred by Landlord to remedy any violations of this provision shall be paid by Tenant to Landlord as additional rent within fourteen (14) days of the receipt of an invoice from Landlord. If Tenant submits a service request or repair request to Landlord, and the contractor responding to this request on behalf of Landlord determines that the item is working correctly, ▇▇▇▇▇▇ agrees to reimburse Landlord for the amount for the contractor’s invoice. Landlord will not be liable for any damage during tenancy caused by vandalism, including but not limited to broken windows.