Repair Contribution definition

Repair Contribution means the contribution payable by the Lessee in respect of the Repair up to the maximum value of One Thousand pounds (£1,000) in any Year of the Term
Sample 1

Examples of Repair Contribution in a sentence

  • Contribution Scale Age or Mileage Your Repair Contribution Up to 6 years, or 0% 60,000 miles Over 6 years, or 60,000 miles 20% Over 7 years, or 70,000 miles 30% Over 8 years, or 80,000 miles 40% Over 10 years, or 90,000 miles 50% The mileage limits as stated above are the total miles from the date of the vehicle’s first registration for use on the road.

  • Increasing the Road Repair Contribution account by $65,000 accounts for the expense needed to meet the resurfacing plan.

  • This is a one‐year decrease in fund balance that will be corrected next year as the Road Repair Contribution will decrease.

  • However, as pointed out by TPR and referenced in the Department’s White Paper, schemes may well have a long-term plan but for some the plan may be largely aspirational and does not drive funding and Deficit Repair Contribution (DRC) commitment.

  • Notwithstanding the foregoing, Owner shall be responsible for the repairs identified in Section 5 below, until Owner has expended sums up to the Owner’s Repair Contribution Limit.

  • FINANCIAL IMPACT ON THE DISPOSAL AND USE OF PROCEEDS The Disposal is expected to enable the Group to recognise a gain of HK$6,150,000, being the premium of the Consideration over the carrying value of the Property before (i) any expenses,(ii) the Repair Contribution and (iii) sharing of 50% of the gain/loss after expenses with the individual who provided the Perpetual Loan to the Company pursuant to the Loan Agreement as disclosed in the Company’s announcement dated 6 February 2015.

  • As for Jason’s team, they were placed with a team built around reliability and efficiency.They were much more of a generalist team than was the norm for Rimaros, but the local adventurer doctrine shaped them heavily nonetheless.

  • Prior to Landlord’s commencement of reconstruction, Tenant shall place Landlord’s estimate of Tenant’s Repair Contribution in escrow account with a third party escrow agent selected by Landlord in Landlord’s sole discretion (or furnish Landlord other commercially reasonable assurances of payment thereof).

  • Except as otherwise provided herein, Tenant shall pay the difference between the total cost of reconstructing the Premises and Landlord’s Repair Contribution (“Tenant’s Repair Contribution”).

Related to Repair Contribution

  • Repair coating means a coating used to re-coat portions of a previously coated product which has sustained mechanical damage to the coating following normal coating operations.

  • Air contract service means an air carrier operation available only to customers

  • In-kind contribution means a contribution of goods or services received by a candidate committee, joint candidates committee, political committee, continuing political committee, political party committee, or legislative leadership committee, which contribution is paid for by a person or entity other than the recipient committee, but does not include services provided without compensation by an individual volunteering a part of or all of his or her time on behalf of a candidate or committee.

  • Campaign Contribution means a gift, subscription, loan, advance or deposit of money or other thing of value, including the estimated value of an in-kind contribution, that is made to or received by an applicable public official or any person authorized to raise, collect or expend contributions on that official’s behalf for the purpose of electing the official to either statewide or local office. “Campaign Contribution” includes the payment of a debt incurred in an election campaign, but does not include the value of services provided without compensation or unreimbursed travel or other personal expenses of individuals who volunteer a portion or all of their time on behalf of a candidate or political committee, nor does it include the administrative or solicitation expenses of a political committee that are paid by an organization that sponsors the committee.

  • Nonelective Contribution means an amount contributed by a participating

  • Elective Contribution means the Employer's contributions to the Plan of Deferred Compensation excluding any such amounts distributed as excess "annual additions" pursuant to Section 4.10(a). In addition, any Employer Qualified Non-Elective Contribution made pursuant to Section 4.6 shall be considered an Elective Contribution for purposes of the Plan. Any such contributions deemed to be Elective Contributions shall be subject to the requirements of Sections 4.2(b) and 4.2(c) and shall further be required to satisfy the discrimination requirements of Regulation 1.401(k)-1(b)(5), the provisions of which are specifically incorporated herein by reference.

  • Derived air concentration (DAC) means the concentration of a given radionuclide in air which, if breathed by the reference man for a working year of 2,000 hours under conditions of light work, results in an intake of one ALI. For purposes of these regulations, the condition of light work is an inhalation rate of 1.2 cubic meters of air per hour for 2,000 hours in a year. DAC values are given in Part 4, Appendix 4B, Table 4B1, Column 3.

  • Other Contributions means financial or in-kind contributions other than the Grant as set out below: Contributor Nature of Contribution Amount (GST exclusive) Timing Grantee < insert description of contribution, e.g., cash, access to equipment, secondment of personnel etc> $<insert amount> <project end date> <name of third party providing the Other Contribution> <insert description of contribution, e.g., cash, access to equipment, secondment of personnel etc> $<insert amount> <insert date or Milestone to which the Other Contribution relates> Total $<total other contributions>

  • Qualified Nonelective Contribution (QNEC) means the Employer's contributions to the Plan that are made pursuant to Sections 12.1(a)(4), 12.5 and 12.7 or pursuant to any other Plan provision which provides for such contributions.

  • Qualified Nonelective Contributions means contributions of the Plan Sponsor or an Affiliate, other than Matching Contributions or Elective Deferrals, which are nonforfeitable when made, and which would be nonforfeitable regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Code Section 401(k)(2)(B) and the regulations thereunder.

  • Member contribution means a contribution under regulation 32;

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • Catch-Up Contribution means an Elective Deferral made to the Plan by a Catch-Up Eligible Participant that, during any taxable year of such Participant, exceeds one of the following:

  • In-kind contributions means services and goods as approved by the department that are provided by a grant recipient toward completion of a department-approved local snowmobile program under section 82107.

  • Additional Contribution Each Member's pro-rata portion of a Required Amount, determined by multiplying the Required Amount by each Member's Interest.

  • Wheel chair or wheel chair conveyance means a chair or seat equipped with wheels, typically used

  • Repair or replacement means the restoration of vehicles, vessels, or outboard

  • Contributions means the payroll deductions and other additional payments specifically provided for in the Offering that a Participant contributes to fund the exercise of a Purchase Right. A Participant may make additional payments into his or her account if specifically provided for in the Offering, and then only if the Participant has not already had the maximum permitted amount withheld during the Offering through payroll deductions.

  • refurbishment means repairing of used electrical and electronic equipment as listed in Schedule I for extending its working life for its originally intended use and selling the same in the market or returning to owner;

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee's account under any plan of an Employer or a Related Company solely on account of "elective contributions" made on his behalf or "employee contributions" made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • Improvement Fund means the Improvement Fund for General Obligation Temporary Notes, Series 2017-1 created pursuant to Section 501 hereof.

  • Annual Contribution means the annual payment to the Fund made by each Member in return for Coverage by the Fund for a Fund Year;

  • Matching Contribution means an Employer contribution made to this or any other Defined Contribution Plan on behalf of a Participant on account of an Employee Contribution made by such Participant, or on account of a Participant's Employee Elective Deferral, under a plan maintained by the Employer.

  • Excess Contribution means a contribution that exceeds the

  • Charitable contribution means any donation or gift of money or any other thing of value.

  • Initial Contribution means that contribution each Participant has made or agrees to make pursuant to Section 5.1 of the Agreement.