M&R Items definition

M&R Items. (Maintenance and Repair) means all scheduled and unscheduled maintenance, repair and replacement activities required to ensure the efficient and effective operation of the Facilities, including, but not limited to, all normal
View Source
M&R Items means all scheduled and unscheduled maintenance, repair and replacement activities required to ensure the efficient and effective operation of the Facilities, including, but not limited to, all normal maintenance of the grounds of the Facilities, routine or repetitive activities required to sustain the normal service life of the Facilities and the components thereof, non-routine or unscheduled preventative or corrective maintenance, repair, or replacement activities required for the operational continuity, safety and performance of the Facilities, and the replacement of all components of the Facilities at the end of their planned or actual useful life or as necessary to comply with the obligations of this Agreement.
View Source

Examples of M&R Items in a sentence

  • AWO&M shall pay the costs of M&R Items up to $10,000 (the “Replacement Cap”) per event, excluding AWO&M labor costs, during the Term of this Agreement.

  • Notwithstanding anything to the contrary in this Section 8, AWO&M shall have the right, in emergency situations, to authorize the expenditure of monies for M&R Items where the failure to do so would have an adverse impact, as determined by AWO&M, on health and human safety, the Facilities, the CITY Equipment or the property the Parties or of third parties.

  • The annual budget for such M&R Items costing less than $50,000 in the annual aggregate (the “Repairs Limit”) is included in the AWO&M Compensation.

Related to M&R Items

  • Escrow Items means those items that are described in Section 3.

  • Excluded Items means any items which the Committee determines shall be excluded in fixing Performance Goals, including, without limitation, any gains or losses from discontinued operations, any extraordinary gains or losses and the effects of accounting changes.

  • Punch List Items means such items (i) as are reasonably necessary or appropriate to fully complete the construction, equipping and furnishing of the Hotel in accordance with this Contract and (ii) that, unless otherwise agreed by Buyer in its sole discretion, (a) individually and in the aggregate do not and will not prohibit, cause a delay in or otherwise adversely affect, under applicable Legal Requirements, the Franchise Agreement or otherwise, the opening of the Hotel for business to the public or the continued occupancy and operation of the Hotel as contemplated under the Brand and (b) may be corrected or completed, subject to delays caused by Force Majeure, within not more than sixty (60) days.

  • Punchlist Items means any items necessary at the time of the issuance of a temporary certificate of occupancy to complete fully the renovation of the Project Facilities in accordance with the Plans and Specifications for the Project Facilities, or required for the issuance of a final certificate of occupancy or its equivalent.

  • Items means the finished goods or services which are intended for export from the United States, either directly or as an Indirect Export, meet the U.S. Content requirements in accordance with Section 2.01(b)(ii) of this Agreement and are specified in Section 4.A. of the Loan Authorization Agreement.