Satisfactory Condition definition
Examples of Satisfactory Condition in a sentence
The Civic Center and all Equipment shall be returned to CRDA in Satisfactory Condition, provided that notwithstanding the foregoing, to achieve “Satisfactory Condition”, Manager shall not be required to make major Capital Expenditures (e.g., replace the roof or make structural changes to the Civic Center).
If your Holiday Home requires any further cleaning after an Owner Hire Date and before a Booking, we will charge you for any costs we incur as result of your failure to leave your Holiday Home in a Satisfactory Condition, including for example any additional cleaning costs or compensation to our guests if there is any delay to them checking into the Holiday Home.
It is your responsibility to ensure your Holiday Home is left clean and in a Satisfactory Condition following any Owner Hire Dates.
Whether the Civic Center and all Equipment is returned in Satisfactory Condition is subject to the review and binding determination of a mutually agreed upon third party decision maker who shall be an individual with experience in the facility management industry and shall be objective.
Upon determination of the third party reviewer, to the extent Manager is obligated to use funds to return the Civic Center or Equipment to Satisfactory Condition, the cost of such efforts shall be paid from the Capital Reserve Fund or, to the extent of insufficient funds in such account, as an Operating Expense.
Our obligation to pay you the Owner Income relating to Dates under the Your Lets Fixed Scheme is subject to your Holiday Home being in Satisfactory Condition on the applicable Dates, unless the reason your Holiday Home is not in Satisfactory Condition is directly caused by our act or omission.
It is your responsibility to ensure that your Holiday Home is left clean and in a Satisfactory Condition following any Owner Hire Dates.