Repairs or Replacements definition

Repairs or Replacements means repairs or replacements made to the fixtures, structures, and/or improvements at the Facility after completion of the initial improvements for the ICTF.
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Examples of Repairs or Replacements in a sentence

  • To Borrower’s knowledge, no permits or approvals from any Governmental Authority, other than those previously obtained and furnished to Lender, are necessary for the commencement and completion of the Repairs or Replacements, as applicable, other than those permits or approvals which will be timely obtained in the ordinary course of business.

  • The Borrower shall promptly commence making such Additional Repairs or Replacements.

  • The Borrower covenants and agrees that each of the Immediate Repairs, Replacements and Additional Repairs or Replacements and all materials, equipment, fixtures, and any other item comprising a part of any Immediate Repair, Replacement or Additional Repair or Replacement shall be constructed, installed or completed, as applicable, free and clear of all mechanic's, materialman's or other liens (except for those liens existing on the date of this Agreement which have been approved in writing by the Lender).

  • The Borrower agrees to cause all contractors, subcontractors, agents, architects and inspectors reasonably to cooperate with the Lender and the Lender's representatives or such other Persons described above in connection with inspections or the completion of Immediate Repairs, Replacements or Additional Repairs or Replacements.

  • Costs of Repairs or Replacements for any one repair visit, less the DEDUCTIBLE, shall in no event exceed the actual cash value of the vehicle before FAILURE.

  • With each request the Borrower shall certify that all Immediate Repairs, Replacements or Additional Repairs or Replacements, as the case may be, have been made in accordance with the requirements of this Loan Agreement and all Requirements of Laws.

  • As used in this Agreement, the other Loan Documents, or any certificate or other document made or delivered pursuant hereto, the capitalized terms used herein shall, unless otherwise defined herein or therein, have the following meanings: Additional Repair(s) or Replacement(s).

  • Costs of Repairs or Replacements for any one repair visit, less the Deductible, shall in no event exceed the actual cash value of the vehicle before FAILURE.

  • Any repairs, replacements or improvements (other than Immediate Repairs or Replacements) (i) which are advisable to keep the Premises in good order and repair and in good marketable condition, or to prevent deterioration of the Premises, or (ii) for an Immediate Repair or Replacement to the extent such Immediate Repair or Replacement exceeds 125% of the estimated cost of such Immediate Repair or Replacement as set forth in Exhibit B hereto.

  • Lender shall release the requested funds from the Applicable Reserve if Lender determines in its sole discretion that: (i) the Work for which the release is sought are Repairs or Replacements; (ii) amounts payable in respect of such Work are reasonable; and (iii) all other conditions to a release under this Agreement have been met.

Related to Repairs or Replacements

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

  • 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.

  • Erection, construction, remodeling, repairing means all types of work done on a particular building or work at the site thereof in the construction or development of the project, including without limitation, erecting, construction, remodeling, repairing, altering, painting, and decorating, the transporting of materials and supplies to or from the building or work done by the employees of the Contractor, Subcontractor, or Agent thereof, and the manufacturing or furnishing of

  • Repair means the reconstruction, replacement, or renewal of any part of an existing building for the purpose of its maintenance or to correct damage.

  • Replacements shall have the meaning set forth in Section 7.3.1 hereof.