Maintenance Security definition
Maintenance Security has the meaning set forth in Section 1.2 of the CMA.
Maintenance Security has the meaning set forth in Section 1.2 of the CMA. Maintenance Services has the meaning set forth in Section 1.2.2 of the CMA General Conditions. Milestone(s) means one or both of Milestone 1 and Milestone 2, as applicable.
Maintenance Security means the security provided by the Owner in accordance with clause 9.2 of this deed.
Examples of Maintenance Security in a sentence
TxDOT shall release the Retained Security Amount or letter of credit, as applicable, to DB Contractor upon the provision of the Maintenance Security required under Section 3.2 of the CMA General Conditions, which shall be no later than 120 days prior to the Initial Maintenance Term Commencement Date.
In the event TxDOT does not receive the Maintenance Security required under Section 3.2 of the CMA General Conditions by the deadline set forth therein, DB Contractor shall forfeit as liquidated damages and not as a penalty such sums, or if a letter of credit is provided in lieu of retained amounts, TxDOT shall have the right to draw on the letter of credit.
More Definitions of Maintenance Security
Maintenance Security has the meaning set forth in Section 7.1 of the Capital Maintenance Agreement.
Maintenance Security means the Bank Guarantee for the maintenance of the Drainage Reserve and Bioretention Basin during the Maintenance Liability Period as set out in Table 2 of Schedule 4. Maintenance Security Amount means the amount of security required for the Maintenance Security under clause 11 as set out in Item 7 of Schedule 2.
Maintenance Security means a bond or other acceptable surety deposited by an applicant with the city to:
Maintenance Security means a financial security in a form acceptable to the City, provided under the terms of a Servicing Agreement, in the amount that is the greater of $15,000 and 5% of the actual construction cost of the Works and Services plus 200% of the cost of completing any outstanding work, including the repair of any deficiencies, as estimated by the Owner’s Engineer and accepted by the Servicing Officer.
Maintenance Security has the meaning set forth in Section 4.1 to this CMA. [Maintenance Standard(s)] [include definition if Non-discriminatory Change Provisions are utilized] means the list of mandatory specifications, manuals and standards referenced throughout the Contract Documents and CMC Documents applicable to the Maintenance Services and included in the Maintenance Management Plan.
Maintenance Security means a Security or part of a Security provided to the applicable Infrastructure Authority to secure the maintenance of a Work Contribution. Material Change of Use has the meaning in the Planning Act.
Maintenance Security means a bank guarantee delivered to the Lessor in the form enclosed at Schedule 6 by the Lessee as monetary security for due performance of its obligations in relation to the Lessee Maintenance Works in the amount specified in the Lease Details.