Repair Payments definition

Repair Payments means the aggregate amount of funds required to repair property damage to the Bus Network, or to acquire Replacement Assets in respect thereof, or any other property necessary to maintain the operation of the Bus Network or pay any other claim against the Concessionaires or liability arising in respect thereof, in each case that the Concessionaires reasonably believe to be covered by an insurance policy in effect.
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Repair Payments means payments made by the State Company to the Contractor in the Operation Phase of this Agreement performance to pay for the Repair and Overhaul performed by the Contractor, such payments being made by the State Company under the procedure and on the terms and conditions set forth in Appendix No. 15 to this Agreement.
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Examples of Repair Payments in a sentence

  • The City Engineer’s counter-response shall respond to each substantive challenge raised by ▇▇▇▇▇▇▇ in sufficient detail to justify the City Engineer’s determination, and shall make reasonable adjustments to the amount of the Repair Payments if the City Engineer reasonably determines that such adjustments are warranted.

  • If ▇▇▇▇▇▇▇ only challenges part of the City Engineer’s determination, the portion of the Repair Payments not in dispute shall be paid to the City at the end of the 30-day period.

  • Any Repair Payments not in dispute and not paid to the City will accrue interest at a rate of 1.5% per month (18% per year) beginning on the 31st day following the receipt of the City Engineer’s written determination by ▇▇▇▇▇▇▇, which shall be deemed to be three (3) days after it was mailed.

  • The scope of the Ultimate Repairs required under this Agreement shall be determined by the City Engineer, pursuant to Section 6.7. Repair Payments shall be equal to the reasonable estimated cost for the City to perform the Ultimate Repairs for which Repair Payments are required in compliance with all legal requirements for public contracts (including but not limited to competitive bidding and prevailing wages) applicable to California cities.

  • The amount of the Repair Payments stated in the City Engineer’s counter-response shall be final.

  • The scope of the Ultimate Repairs required under this Agreement shall be determined by the City Engineer, pursuant to Section 6.7. Repair Payments shall be equal to the reasonable estimated cost for the City to perform the Ultimate Repairs for which Repair Payments are required in compliance with all legal requirements for public contracts applicable to California cities.

  • Any Repair Payments not in dispute and not paid to the City will accrue interest at a rate of 1.5% per month (18% per year) beginning on the 31st day following the receipt of the City Engineer’s written determination by ▇▇▇▇▇▇▇, which shall be deemed to be three (3) days after it was mailed by City.

  • The amount of the Repair Payments stated in the City Engineer’s counter-response shall be final, and shall be paid by ▇▇▇▇▇▇▇ to City within 30 days following receipt of the City Engineer’s counter- response by ▇▇▇▇▇▇▇, which shall be deemed to be three (3) days after it was mailed by City.