Long Term Maintenance definition

Long Term Maintenance means the periodic inspection, evaluation, and assessment of the Parking Garage by a professional parking structure consultant and the repair of identified defects, deterioration and/or sources of atrophy and damage to the Parking Garage.

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Long Term Maintenance means major repairs and repair where an item is beyond its useful life (i.e. if such item is no longer capable of being effective for its intended purposes) and can no longer be repaired but needs to be replaced; 2.1.19 "MiX Telematics International" means MiX Telematics International Proprietary Limited, registration number 1963/006970/07, a limited liability private company duly incorporated in the Republic of South Africa; 2.1.20 "Parties" means the parties to this Agreement; 2.1.21 "Premises" means the buildings and improvements on the Property let to the Lessee in terms hereof and, where the context requires, includes the Property; 2.1.22 "Prime Rate" means the publicly quoted basic rate of interest, compounded monthly in arrears and calculated on a 365 (three hundred and sixty five) day year irrespective of whether or not the year is a leap year, from time to time published by First National Bank as being its prime overdraft rate, as certified by any representative of that bank whose appointment and designation it will not be necessary to prove; 2.1.23 "Property" means Erf 1335 Vorna Valley Extension 21 Township, Registration Division IR, Province of Gauteng, measuring 1 hectare together with all improvements thereon and includes the Fixtures and Fittings, and, where the context requires, includes the Premises; 2.1.24 "Rental" means the rental payable in terms of clause 6; 2.1.25 "Renewal Option" means the Lessee's option to extend the Initial Period for the Renewal Period in accordance with clause 9; 2.1.26 "Renewal Period" means a period of 5 (five) consecutive years commencing on the first day after the expiry of the Initial Period;

Long Term Maintenance means major repairs and repair where an item is beyond its useful life (i.e. if such item is no longer capable of being effective for its intended purposes) and can no longer be repaired but needs to be replaced, as well as maintenance, repair and replacement in terms of the Long Term Maintenance Plan; 2.1.22 "Long Term Maintenance Plan" means the maintenance, repair and replacement plan as envisaged in Rule 22 of Annexure 1: Management Rules of the Regulations promulgated under the STSM Act; 2.1.23 "Midrand Property" means Erf 1335 Vorna Valley Extension 21 Township, Registration Division IR, Province of Gauteng, measuring 1 (one) hectare together with all improvements thereon and includes the Fixtures and Fittings; 2.1.24 "MiX Telematics International" means MiX Telematics International Proprietary Limited, registration number 1963/006970/07, a limited liability private company duly incorporated in the Republic of South Africa; 2.1.25 "Parties" means the parties to this Agreement; 2.1.26 "Premises" means the buildings and improvements on the Property let to the Lessee in terms hereof and, where the context requires, includes the Property; 2.1.27 "Prime Rate" means the publicly quoted basic rate of interest, compounded monthly in arrears and calculated on a 365 (three hundred and sixty five) day year irrespective of whether or not the year is a leap year, from time to time published by First National Bank as being its prime overdraft rate, as certified by any representative of that bank whose appointment and designation it will not be necessary to prove; 2.1.28 "Property" means collectively — 2.

Examples of Long Term Maintenance in a sentence

• Long Term Maintenance employees will be given the first option to transition onto any of the above listed scope work at their respective site.

• Owner, its successors, heirs, or assigns shall maintain the Facilities in good working conditions acceptable to City and all other local, state and federal regulation and in accordance with the schedule of Post Construction and Long Term Maintenance activities attached hereto as Exhibit B.

• The allottee has also paid a sum of Rs.30, 000/- (Rupees Thirty Thousand only), as Long Term Maintenance Fund, (society charges) the receipt whereof the Board hereby acknowledges.

• An amount equal to the aggregate of all rents, Long Term Maintenance Obligation and charges assumed hereunder and not theretofore paid or satisfied, less the net rentals, if any, collected by the GOVERNMENT on the reletting of the LEASED PROPERTY, which amounts shall be due and payable at the time when such rents, obligations and charges would have accrued or become due and payable under this LEASE.

• Amended and Restated Long Term Maintenance Service Contract dated January 1, 2019 between Mitsubishi Hitachi Power Systems America, Inc.

• Long Term Maintenance Plan In 1-3 paragraphs, discuss your plans for long term maintenance of the project site and if you anticipate any challenges to long term maintenance of the project.

• LEASE rental reductions are those reductions in the rental amount accrued by LESSEE as a result of cost and related fees credited to LESSEE in accomplishing the Long Term Maintenance Projects identified by the Designated Station Representative.

• At the discretion of the GOVERNMENT, the LESSEE may be required to pay rent in cash on a quarterly basis in advance in lieu of performance of Long Term Maintenance projects.

• The Developer shall create the Long Term Maintenance Plan and provide to the condominium association or property association.

• The engineering Specifications and Special Provisions contained herein have been prepared by or under the direction of the following Registered Engineer: Registered Engineer Date Seal: Long Term Maintenance and Monitoring of the Revegetation for ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Storm Drain Emergency 2 | Page K-20-1998-SLS-1 1.

More Definitions of Long Term Maintenance

Long Term Maintenance means activities that would constitute substantial repairs or rehabilitation.

Long Term Maintenance means any maintenance, repair, replacement or reconstruction reasonably required for the Common Access Road and the Shared Services over the ensuing 40 years as determined by the Grantee, excluding any maintenance carried out on an annual or more frequent basis;