Replacements definition

Replacements shall have the meaning set forth in Section 7.3.1 hereof.
Replacements shall have the meaning set forth in Section 7.3.1(a) hereof.
Replacements. ’ shall mean such replace- ments as may be necessary to keep the project in good operating condition beginning June 1, 1937, but shall not include (except where used in conjunction with the word ‘‘emergency’’ or the words ‘‘however necessitated’’) replacements made necessary by any act of God, or of the pub- lic enemy, or by any major catastrophe; and

Examples of Replacements in a sentence

  • Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

  • With each request Borrower shall certify that, to the best of ▇▇▇▇▇▇▇▇’s knowledge, all Replacements have been made in accordance with all applicable Legal Requirements of any Governmental Authority having jurisdiction over the Property to which the Replacements are being provided.

  • Upon the occurrence of an Event of Default, Lender may use the Replacement Reserve Fund (or any portion thereof) for any purpose, including but not limited to completion of the Replacements as provided in Sections 7.3.3(c) and 7.3.3(d), or for any other repair or replacement to the Property or toward payment of the Debt in such order, proportion and priority as Lender may determine in its sole discretion.


More Definitions of Replacements

Replacements as defined in the Mortgage Loan Agreement.
Replacements for any period shall mean replacements and/or alterations to the Property; provided, that, the same are (i) required to be capitalized according to the Approved Accounting Method and (ii) reasonably approved by Lender.
Replacements for any period shall mean replacements and/or alterations to any Individual Property; provided, that, the same are (i) required to be capitalized according to the Approved Accounting Method and (ii) reasonably approved by L▇▇▇▇▇.
Replacements for any period shall mean amounts expended for replacements and/or alterations to the Property and required to be capitalized according to GAAP and reasonably approved by Lender.
Replacements has the meaning set forth in Section 6.4.
Replacements means the scheduled repairs and replacements to the Property identified on Exhibit F hereto.
Replacements means FF&E, replacements and repairs required to be made to the Property and Improvements.