Deferred Maintenance Items definition
Examples of Deferred Maintenance Items in a sentence
The parties hereby agree that Landlord shall complete such Deferred Maintenance Items prior to the Commencement Date at Landlord’s sole expense.
Notwithstanding anything herein to the contrary, Tenant shall not be responsible for and Landlord and Prime Landlord hereby agree to indemnify and hold harmless Tenant against (i) any conditions existing at the Premises prior to the Commencement Date and (ii) any obligations or matters arising or accruing prior to the Commencement Date, including, without limitation, the Deferred Maintenance Items, injury to person or property and the release of Hazardous Materials at the Premises.
The parties hereby agree that Landlord shall either complete such Deferred Maintenance Items prior to the Commencement Date at Landlord’s sole expense or, at Tenant’s election, such funds shall be paid to Tenant to utilize among the Related Facilities up to the total of the amount of all immediate costs listed on Exhibit “E”.
Notwithstanding any provision of this Section 2.3 to the contrary, if the parties are unable to agree upon the initial Deferred Maintenance Items (as that term is defined in Section 9.2(c)(ii) below for the River Valley Facility to be included on Exhibit “E”, the sole remedy of the parties shall be to exclude the River Valley Facility from the Portfolio.
Notwithstanding any provision of this Lease, if the parties are unable to agree upon the Deferred Maintenance Items prior to the Commencement Date, either party may terminate this Lease upon written notice to the other party.
Club and the City have agreed upon the Project’s Scope of 147 Work, which consists of Deferred Maintenance Items, Improvements, and Club Work.
When the ▇▇▇▇ 215 proposes a final GMP for acceptance by the City Manager, the City, in consultation with Club, 216 shall evaluate the final GMP and categorize the GMP Scope of Work Cost (including any 217 previously approved early procurement items) according to Deferred Maintenance Items, 218 Improvements, and Club Work.
To the extent the City has the right to receive a refund of sales 265 taxes from the State of North Carolina, and provided the ▇▇▇▇ provides to the City the 266 necessary evidence of the amount of sales taxes that were paid, any refundable sales tax amount 267 shall not be counted as part of the Deferred Maintenance Items Budget or the Improvements 268 Budget or the City’s financial contribution to either.
Landlord and Tenant shall review on an annual basis the “Deferred Maintenance Items” set forth in the Property Condition Report and shall reasonably and mutually agree upon those Deferred Maintenance Items that Tenant shall perform and the times upon which Tenant shall complete such Deferred Maintenance Items.
Landlord and Tenant agree to share equally all costs incurred by Landlord or otherwise associated with completing the Deferred Maintenance Items (the “Deferred Maintenance Costs”).