Exterior Maintenance definition
Examples of Exterior Maintenance in a sentence
None of the Collateral Agent, the Paying Agent or the Calculation Agent shall be deemed to have knowledge of a Servicer Default until a Responsible Officer thereof has received written notice thereof.
Borrower, its successors and assigns, shall maintain the exterior of the structures on the Property in accordance with an Exterior Maintenance Plan prepared by Borrower and approved by the Administrator in accordance with the Loan Agreement.
Within ten (10) business days after receipt of an invoice from Landlord, Tenant shall, as additional rent, reimburse Landlord for all costs incurred by Landlord in such Exterior Maintenance.
Tenant shall have the right to cause Landlord to obtain no more than three (3) competitive bids for the Exterior Maintenance from reputable independent contractors.
Exterior Maintenance: Costs for maintaining and repairing all exterior areas of the Property.
The Landlord covenants to replace the Structure of the Building at its cost (save and except to the extent such replacement is due to any act or omission of the Tenant or those for whom it is in law responsible) and to maintain, repair and replace the Common Areas and Facilities, including carrying out the Exterior Maintenance and Repair Work described in Schedule "C", and the Tenant shall pay its proportionate cost of such work as determined by the Landlord, acting reasonably.
The exterior of the Property shall be maintained in accordance with the Exterior Maintenance Program as described in Section 4.2 of this Agreement.
In the event Owners fail to maintain the exterior of the structures on the Property in accordance with the approved Exterior Maintenance Program, the City shall have the right, but not the obligation, to enter the Property, correct any violation, and hold the Owners responsible for the cost thereof, and such cost, until paid, shall constitute a lien on the Property.
Lessor shall in no event be liable for any consequential damages or loss of business or profits and Lessee hereby waives any and all claims for any such damages, except when such damages or loss of business or profits arise from the negligence of the Lessor or the failure to complete the Exterior Maintenance.
MAINTENANCE: In the Specific Terms, where it refers to Exterior Maintenance, it specifically includes maintenance of the exterior walls of the building in which the Leased Property is located, its roof, foundation and sidewalks, but does not include repair and maintenance to glass, maintenance of parking areas and snow removal, which are separately addressed.