Maintenance Component definition

Maintenance Component means the portion of each Total Monthly Payment that represents payment for services and maintenance in respect of the related Vehicle.
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Examples of Maintenance Component in a sentence

  • The Operation and Maintenance Component shall be computed using only costs incurred by SMWD for the Project during the applicable Fiscal Year.

  • Except for the Maintenance Component and charges based upon the usage of the Equipment, the balance of the monthly payment owed by the City shall be consistent during the term(s) of the Agreement.

  • The Operation and Maintenance Component shall be computed using only costs incurred by El Toro for the Project during the applicable Fiscal Year.

  • Pending deposit into the 2001-A SUBI Collection Account, SUBI Collections (other than the Maintenance Component of Total Monthly Payments) may be employed by the Administrative Agent at its own risk and for its own benefit and shall not be segregated from its own funds.

  • During each Collection Period, all payments in respect of the Maintenance Component either will not be deposited into the related Collection Account or will be withdrawn daily therefrom; and in each case, all such payments shall be paid to or retained by the Maintenance Provider.

  • After the Authority has deposited the Operation and Maintenance Component in the Operation and Maintenance Fund and the Debt Service Component in the Debt Service Fund, any remaining Net Revenues may be deposited in any other funds established by the Authority.

  • Payments in respect of the Maintenance Component of Total Monthly Payments will be retained by or otherwise paid to the Maintenance Provider as compensation for acting as Maintenance Provider with respect to the 2001-A Vehicles, and will not be available to make Lease Payments or to pay any other amounts payable by the Program Lessee under this Agreement.

  • Payments in respect of the Maintenance Component of Total Monthly Payments will be retained by or otherwise paid to the Maintenance Provider as compensation for acting as Maintenance Provider with respect to the 1999-A Vehicles, and will not be available to make Lease Payments or to pay any other amounts payable by the Program Lessee under this Agreement.

  • Intent is to keep Cover can be removed and reinstalled by one Maintenance Component Defect Conditions When Maintenance is Needed Results Expected When Maintenance is Performed cover from sealing off access to maintenance.

  • Maintenance Component Defect Conditions When Maintenance Is Needed Results Expected When Maintenance Is Performed Rodent Holes Any evidence of rodent holes if facility is acting as a dam or berm, or any evidence of water piping through dam or berm via rodent holes.