Condition Assessment definition

Condition Assessment provisions of an individual Lessee’s Lease Agreement shall control.

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Condition Assessment means an inspection conducted by the Housing Department of a Unit in accordance with Section 20.

Condition Assessment means an assessment conducted by a person with necessary skills to describe the condition of the heritage object: poor, fair, good, damaged or delipidated state, taking into account the surrounding environment, as well as recommendations to mitigate the findings;

Examples of Condition Assessment in a sentence

Except as set forth in the Property Condition Assessment, to the best knowledge of Borrower, each Mortgaged Property is free of structural defects and all Improvements, including the building systems contained therein are in good working order subject to ordinary wear and tear.
Lender shall have received the Property Condition Assessment with respect to each Mortgaged Property prepared by the Engineer or another Person acceptable to the Lender, which Property Condition Assessment shall be acceptable to Lender in its sole and absolute discretion.
Copies of a Phase I Environmental Site Assessment dated June 18, 1997, a Comprehensive Asbestos Survey and Hazard Assessment dated November 21, 1995, an Asbestos Operations and Maintenance (O&M) Program dated November 21, 1997, and a Property Condition Assessment dated July 7, 1997.
This Condition Assessment Report shall address the current condition, the contractor’s or A/E’s professional opinion of the useful life remaining of the structures and systems, and the contractor’s or A/E’s professional opinion of repairs, replacements, or refurbishments recommended to maintain the operationally useful state and condition of the Premises.
Facility Condition Assessment is a service and therefore would not require a technician.
Condition Assessment Reports shall primarily focus on major structural systems and components, including but not limited to: pavements, utilities, building structures, roofs, and heating/ventilation/air conditioning (HVAC), plumbing, and electrical systems.
Except as set forth in the Property Condition Assessment, to the Actual Knowledge of Borrower, the Mortgaged Property is free of structural defects which would reasonably be expected to have a Material Adverse Effect and all Improvements, including the building systems contained therein are in good working order subject to ordinary wear and tear.
Homeowners and homebuyers are advised that services customarily rendered in connection with real estate transactions (for example, General Home Inspection and/or Property Condition Assessment services; Appraisals; Broker Opinions or Market Analyses; Mortgage Lending and Title Services; Corporate Relocation facilitation services; REALTOR® services; etc.) do not encompass comprehensive testing, analysis or evaluation of Indoor Air Quality, or specific recommendations related to Indoor Air Quality.
This Condition Assessment will look at the building’s structural components, as well as items such as the electrical and plumbing systems, heating and air conditioning system, etc.
Except as disclosed in that certain Property Condition Assessment pertaining to the Property prepared by Property Solutions Inc.

More Definitions of Condition Assessment

Condition Assessment means the assessment of the Facility carried out during years 4, 8 and 12 after Service Commencement in accordance with Appendix 7D [Condition Assessment] of Schedule 7 [Services];

Condition Assessment means an assessment commissioned by the Ministry to ascertain the condition of Ministry owned buildings.

Condition Assessment means an assessment of the entire Facility or specific systems, infrastructure, equipment or components completed by the qRD and/or its representative at any time during the term of the Agreement.

Condition Assessment means a report that comprises inspection, rating, and evaluation of the existing condition of a gravity sewer collection system. Inspection is based upon closed circuit television ("CCTV") inspections for gravity mains, manhole inspections for structural defects, and inspections of pipe connections at the manhole. After CCTV inspection occurs, pipe conditions are assigned a grade based on the Pipeline Assessment and Certification Program ("PACP") rating system, developed by the National Association of Sewer Service Companies. The PACP is a nationally recognized sewer pipeline condition rating system for CCTV inspections.

Condition Assessment means the process of continuous, periodic inspections and assessments. Measurement and interpretation of resultant data, is undertaken to indicate the condition of a specific asset to determine the need for preventative or remedial action.

Condition Assessment means a close-up visual inspection of all structure elements to confirm and record severity and extent of material defects and suspected performance deficiencies of the various components in accordance with Ontario Structure Inspection Manual (OSIM).