Repairs definition

Repairs means the repairs to be made to the Mortgaged Property, as described on the Repair Schedule of Work (Exhibit C) or as otherwise required by Lender in accordance with this Loan Agreement.
Repairs where used herein shall mean only such work as is necessary to maintain present equipment in a safe and serviceable condition and to adjust or replace defective, broken or worn parts, with parts made of equivalent material, strength and design, and where the replacing part performs the same function as the replaced part.
Repairs shall include replacements and renewals when necessary. All repairs made by Tenant shall utilize materials and equipment which are at least equal in quality and usefulness to those originally used in constructing the Building and the Premises.

Examples of Repairs in a sentence

  • Repairs or replacement requiring future attention, but estimates are still advised.

  • Funding Will Be Supported By The Garages Outside Vehicle Repairs Account.

  • Repairs and maintenance costs are charged to the statement of comprehensive earnings during the period in which they are incurred unless they are extending the life of the asset as described below.

  • Repairs and necessary maintenance of insulin pumps not otherwise provided for under the manufacturer’s warranty or purchase agreement, rental fees for pumps during the repair and necessary maintenance of insulin pumps, neither of which shall exceed the purchase price of a similar replacement pump.

  • Repairs and maintenance – included in inventory consumed and contracted services The mSCOA Framework does not accommodate for Repairs and Maintenance as a type of expenditure and category.


More Definitions of Repairs

Repairs shall have the meaning given such term in Section 7.6.
Repairs shall be deemed to include all necessary replacements.
Repairs means all works of every kind required to be executed during Operations Period to meet the O&M Requirements.
Repairs means those nonroutine/nonrepetitive activities required for operational continuity, safety and performance generally due to failure or to avert a failure of the equipment, sewer, vehicles or facilities or some component thereof.
Repairs means the cost of those activities required for operational continuity, safety, and performance generally due to failure or to avert a failure of the equipment, vehicles or facilities or a component thereof.
Repairs shall include replacements and renewals when necessary.
Repairs shall include replacements or renewals when necessary, and all such repairs made by the Tenant shall be equal in quality and class to the original work. The Tenant shall keep and maintain all portions of the Premises and the sidewalk and areas adjoining the same in a clean and orderly condition, free of accumulation of dirt, rubbish, snow and ice. If Tenant fails, refuses or neglects to maintain or repair the Premises as required in this Lease after notice shall have been given Tenant, in accordance with this Lease, Landlord may make such repairs without liability to Tenant for any loss or damage that may accrue to Tenant's merchandise, fixtures or other property or to Tenant's business by reason thereof, and upon completion thereof, Tenant shall pay to Landlord all costs plus fifteen percent (15%) for overhead incurred by Landlord in making such repairs upon presentation to Tenant of xxxx therefor.