Maintenance Commitment definition

Maintenance Commitment means the employment by Masland of an average of thirty (30)
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Examples of Maintenance Commitment in a sentence

  • Consumables are only supplied for the specific Maintenance Object which the Maintenance Commitment relates to.

  • If Canon does not meet its obligation under the Agreement and promptly rectify deficiencies in the Maintenance provided, the Customer is entitled to request a price reduction corresponding to the deficiency in the Maintenance Commitment.

  • If such notification has not been made, the Maintenance Commitment continues for periods of twelve (12) months at a time with a reciprocal notice period of three (3) months.

  • In the event that Masland meets its Job Commitment but fails to meet its Maintenance Commitment, then Masland shall pay to the City the Maintenance Commitment Fee.

  • The City and Masland understand and acknowledge that the Project Costs incurred by the City are being incurred with the expectation that Masland will meet its Jobs Commitment during the employment period and will thereafter meet its Maintenance Commitment by employing an average of thirty (30) New Full Time Employees for three (3) years after fulfilling its Job Commitment.

  • For the avoidance of doubt, a Maintenance Commitment that applies to a specific Rental Object cannot be terminated as described above, but only when the Rental Period ends.

  • Upon the Company’s satisfaction of its Jobs Maintenance Commitment, the Payment due from the Company (and the Payment due from each Landlord and/or Affiliate, if applicable) in the year following such satisfaction and in each year thereafter (provided that the Company has not failed to satisfy the requirements set forth in any of the other subsections of this Section 12) shall be calculated as provided in Section 3 hereof.

  • Masland agrees to fulfill its Jobs Commitment and its Maintenance Commitment in the manner and within the times specified herein.

  • Canon’s liability for defaults or deficiencies in the implementation of the Maintenance Commitment is limited to what is stated in this section and sections 8 and 9 above.

  • With respect to the Maintenance Commitment, the amount of the Maintenance Commitment Fee is determined by subtracting the product of the Project Costs times the ratio of the number of full time jobs maintained over 30 from the Project Costs, as is more fully described and defined in Article 8 of this Agreement.

Related to Maintenance Commitment

  • Service commitment area means a medically underserved Iowa city with a population of less than 26,000 that is located more than 20 miles from a city with a population of 50,000 or more. Each applicant participating in the program must contract with the service commitment area to ensure the service commitment area provides a nonrefundable $2,000 contribution for deposit in the rural Iowa advanced registered nurse practitioner and physician assistant trust fund. Payment of the nonrefundable contribution to the trust fund can be made by, but is not limited to, the following organizations: community agencies, hospitals, medical groups, municipalities, community foundations, local government entities, or other community entities. Locations and distances between cities will be consistently measured and verified by calculating the straight-line distance between main post offices.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

  • Extended Revolving Facility Commitment shall have the meaning assigned to such term in Section 2.21(e).

  • Delayed Draw Commitment as defined in the Second Amended and Restated Credit Agreement.