Maintenance and Renewal definition

Maintenance and Renewal or “M&R” means collectively the upkeep, repair and replacement of all building components and the life-cycle replacement of major building components and site rehabilitation of all the schools of the ASAP III DBFM Project;
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Examples of Maintenance and Renewal in a sentence

  • Licensee will pay Mobilize an Annual License Maintenance and Renewal fee (“License Maintenance and Renewal Fee”) of 20% of Initial Term License and Support Fee unless licensee sends written notice to cancel the license at least 30 days prior to the end of the Initial Term of this Agreement.

  • Section 1.1 Definitions 1 Section 1.2 Interpretive Provisions 12 Section 2.1 Scope 12 Section 2.2 Lease Maintenance and Renewal Payments 13 Section 2.3 Renewal and Extension of Leases by Drilling 13 Section 2.4 Cost of Renewals, Extensions and Re-acquisitions 13 Section 2.5 Initial Geophysical Costs 14 Section 2.6 Reasonable Efforts 14 Section 3.1 Drilling Carry Obligation.

  • Pursuant to the Project Agreement, the Enterprises are required to pay Performance Payments, comprised of a Capital Performance Payment (CPP) and an Operations, Maintenance, and Renewal (OMR) Payment (OMRP), on a monthly basis to the Developer in consideration of work performed by the Developer.

  • The Concessionaire shall within three (3) months from the Concession Commencement Date prepare the Maintenance and Renewal Plan, in accordance with the Conceptual Development Plan, submitted as part of the Offer.

  • Attachment A provides the current BPA discount prices for Software Licenses, Maintenance and Renewal products as described below.

  • More spa- cious entryways on each floor of its Advanced Education Preventa- tive Maintenance and Renewal Fund.

  • This Clause 14 (Maintenance and Renewal) shall not apply to any Protection Infrastructure or Access Infrastructure in respect of which maintenance responsibility has passed to, or remains with, the Authority in accordance with Clause 13 (Protection Infrastructure and Access Infrastructure).

  • The Concessionaire undertakes to replace any amortised or perished Moveable Assets in accordance with the Maintenance and Renewal Plan at its own cost so that the Required Level of Service is upheld.