Remedial Repairs definition
Examples of Remedial Repairs in a sentence
To the extent that the Remedial Repairs have not been completed prior to the Closing Date, the Purchaser shall assume the Repairs Contract at Closing and thereafter the Purchaser shall diligently complete such Remedial Repairs pursuant to the Repairs Contract.
The Seller shall be responsible for the cost of all Remedial Repairs pursuant to the Repairs Contract which are completed on or prior to the Closing Date.
City and School Board agree and acknowledge that the City’s timely commencement and completion of the Remedial Repairs is a material inducement to the School Board entering into this Amendment and agreement to pay the Settlement Payment and failure to do so will result in School Board being damaged thereby, including, without limitation, the School Board incurring substantial transportation or rental fees associated with utilizing alternative recreational facilities.
The Estimated Cost shall be determined by one or more certificates to be obtained by the Seller from the contractor performing the Remedial Repairs.
Any such resignation shall not relieve each Servicer of any of the obligations specified in Sections 7.01 and 7.02 as obligations that survive the resignation or termination of each Servicer.