Facility Repairs Clause Samples

Facility Repairs. The Facility Repairs shall have been completed by Sellers to the reasonable satisfaction of Purchaser.
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Facility Repairs. At or prior to Closing, Sellers, at their sole expense, shall perform the repairs described in Schedule 4.9 (the “Facility Repairs”) to the reasonable satisfaction of Purchaser.
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Facility Repairs. The Contractor shall be responsible to monitor the condition of the Operations and Maintenance Facility. When repairs are needed to correct loss or damage, or to correct for normal wear and tear, the Contractor shall perform or designate suppliers to perform all repairs costing up to $500 per occurrence. If the Contractor determines that repairs will exceed $500 for a single occurrence, then the Contractor shall notify RCTA with a written description of the repair needed and, if practicable, a repair estimate and recommended course of action. Contractor shall allow adequate and reasonable time for the Authority to determine the extent of the situation and repair the noted problem or authorize Contractor to repair the problem, if needed.
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Facility Repairs. With respect to the Company's Woodstock, New York and Saugerties, New York facilities, Buyer has provided Seller with a list of items, attached hereto as Schedule 5.9, which it believes require correction and/or repair in order to satisfy or comply with legal and regulatory requirements or good management practices, which were discovered in the course of the Environmental Site Assessment Reports prepared by ERM-Midstates, Inc. in November 1997 with respect to such facilities. As soon as practicable after the date hereof, and if practicable before the Closing Date, Seller shall have corrected and repaired, as appropriate, to Buyer's reasonable satisfaction, all of the items on such list. After the Closing Date, Seller will remain responsible for completing any items not repaired or corrected prior to the Closing Date. Seller's failure to complete any such items prior to the Closing Date will not allow Buyer to elect not to proceed with the Closing. No item on such list shall be deemed to constitute environmental compliance activities within the meaning of Section 10.4(a) hereof.
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Facility Repairs. In the event County needs to conduct any repairs or maintenance of the Facility, Improved Tower or about the Premises, County shall provide reasonable notice to Lessee and ▇▇▇▇▇▇ agrees to cooperate with County to accommodate said repairs or maintenance, which may include temporarily shutting down operation of the Lessee-Owned Equipment, provided County agrees to permit Lessee to place temporary transmission and reception facilities on the Premises, but only until such time as Lessee is able to resume operating the Lessee-Owned Equipment, such temporary facilities will be governed by all of the terms and conditions of this Lease, including Base Rent. County agrees that the Base Rent shall be abated for the period of time ▇▇▇▇▇▇ is unable to operate the Lessee-Owned Equipment or its temporary transmission and reception facilities, as the case may be.
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Facility Repairs. Prior to Closing, the Company agrees that it will use, and cause its Subsidiaries to use, commercially reasonable efforts to complete all repairs listed on Schedule III attached hereto (the “Theater Repairs”). As soon as reasonably practicable after the date hereof, the Company and Buyer shall engage, at the Company’s cost, an independent inspection firm selected by Buyer (the “Inspection Firm”) to inspect the theaters for the repairs enumerated as Items 1-4, 7, 8, 9 and 15 listed on Schedule III (the “Major Repairs”) and to determine the scope of the work needed to complete each Major Repair and the cost of such work. Following each such inspection, the Company and Buyer will mutually agree upon a plan of remediation and the cost for each Major Repair (the “Agreed Remediation Plan”); provided the cost of each Major Repair shall not exceed the amount set forth in the “Total” column on Schedule III for such repair. Once the Agreed Remediation Plan is established, the Company shall undertake the repairs of such theaters in accordance with the Agreed Remediation Plan. In addition, the Company shall, as soon as reasonably practical after the date hereof, undertake the repairs enumerated as Items 5, 6 and 10-14 listed on Schedule III (the “Other Repairs”). To the extent any Theater Repairs are not completed prior to Closing, (x) in accordance with the Agreed Remediation Plan as certified by the Inspection Firm for each Major Repair or (y) to the reasonable satisfaction of Buyer for the Other Repairs (each, an “Incomplete Repair” and collectively, the “Incomplete Repairs”), the parties hereto agree that an amount equal to (i) the maximum cost of remediation set forth in the “Total” column on Schedule III related to each Incomplete Repair that is an Other Repair, and (ii) the lesser of the amount set forth in the Agreed Remediation Plan or the “Total” column on Schedule III related to each Incomplete Repair that is a Major Repair (the “Repair Amount”) shall be added to the Escrow Amount and held in the Escrow Account pursuant to the terms of the Escrow Agreement, solely for the purpose of providing funds to complete the Incomplete Repairs. After Closing, Buyer shall supply to the Representative customary documentation of the expenditures made by Buyer after the Closing to complete the Incomplete Repairs (the “Documentation”). Within five (5) Business Days after Buyer delivers the Documentation for each Incomplete Repair to the Representative, Buyer and the Repres...
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Facility Repairs. The Master Lessor reserves the right, but shall not be obligated to the Lessee, to maintain and keep in repair the landing area of the airport and all publicly owned facilities of the airport, together with the right to direct and control all activities of the (lessee, licensee, permittee, etc.) in this regard.
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Facility Repairs. Sellers and Purchaser each hereby acknowledge and agree that Purchaser received certain property condition assessment reports that noted certain items of disrepair with respect to the Milwaukie Property. Those items consist of replacement of the shop floor slab with underground piping repairs, replacement of some HVAC units, and asphalt repairs in paved areas throughout the site. Each of these items will come at an unexpected expense, and in order to induce Buyer to consummate the Contemplated Transactions, the parties agreed that this unexpected expense will be addressed by deducting such expense from the Purchase Price. As of the date hereof, Sellers and Purchaser agree that the aggregate estimated expense for repairing the items equals $XXXX (the “Repair Estimate”). The parties agree that Purchaser shall complete such repairs within twenty-four (24) months after the Closing Date. To the extent the ultimate cost of such repairs exceeds the Repair Estimate, Sellers shall be responsible for such excess up to a maximum of $XXXX.
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Related to Facility Repairs

  • Required Repairs (a) Borrower shall make the repairs and improvements to the Property set forth on Schedule 9.1 and as more particularly described in the Property Condition Report prepared in connection with the closing of the Loan (such repairs hereinafter referred to as "Required Repairs"). Borrower shall complete the Required Repairs in a good and workmanlike manner on or before the date that is twelve (12) months from the Closing Date or within such other time frame for completion specifically set forth on Schedule 9.1. (b) Borrower shall establish on the date hereof an Eligible Account with Lender or Lender's agent to fund the Required Repairs (the "Required Repair Account") into which Borrower shall deposit on the date hereof the amount of $596,250.00, which amount equals one hundred twenty-five percent (125%) of the estimated cost for the completion of the Required Repairs. Amounts so deposited shall hereinafter be referred to as the "Required Repair Funds". (c) Upon the earliest to occur of (i) the timely completion of all Required Repairs and any Additional Required Repairs, if any, in accordance with the requirements of this Agreement, as verified by Lender in its reasonable discretion, (ii) the payment in full of the Debt or (iii) the earlier release of the Lien of the Mortgage (and all related obligations) in accordance with the terms of this Agreement and the other Loan Documents, provided no Event of Default is then continuing, all amounts remaining on deposit, if any, in the Required Repair Account shall be returned to Borrower.

  • Emergency Repairs a) The landlord must post and maintain in a conspicuous place on the residential property, or give to the tenant in writing, the name and telephone number of the designated contact person for emergency repairs. b) If emergency repairs are required, the tenant must make at least two attempts to telephone the designated contact person, and then give the landlord reasonable time to complete the repairs. c) If the emergency repairs are still required, the tenant may undertake the repairs, and claim reimbursement from the landlord, provided a statement of account and receipts are given to the landlord. If the landlord does not reimburse the tenant as required, the tenant may deduct the cost from rent. The landlord may take over completion of the emergency repairs at any time. d) Emergency repairs must be urgent and necessary for the health and safety of persons or preservation or use of the residential property and are limited to repairing i) major leaks in pipes or the roof,

  • Office Space, Equipment and Facilities Provide such office space, office equipment and office facilities as are adequate to fulfill the Adviser’s obligations hereunder.

  • LESSOR'S ACCESS; SHOWING PREMISES; REPAIRS Lessor and Lessor's agents shall have the right to enter the Premises at any time, in the case of an emergency, and otherwise at reasonable times for the purpose of showing the same to prospective purchasers, lenders, or lessees, and making such alterations, repairs, improvements or additions to the Premises or to the Building, as Lessor may reasonably deem necessary. Lessor may at any time place on or about the Premises or Building any ordinary "For Sale" signs and Lessor may at any time during the last one hundred eighty (180) days of the term hereof place on or about the Premises any ordinary "For Lease" signs. All such activities of Lessor shall be without abatement of rent or liability to Lessee.

  • Tenant Repairs To repair, maintain and keep the Leased Premises and all trade fixtures and improvements therein in good and substantial repair subject only to defects in construction of the structural members of the Building, reasonable wear and tear and damage by fire, lightning and tempest or other casualty against which the Landlord is insured (herein collectively referred to as "Tenant Repair Exceptions"); and that the Landlord may enter and view state of repair and that the Tenant will repair according to notice in writing, except for Tenant Repair Exceptions and that the Tenant will leave the Leased Premises in good repair, except for Tenant Repair Exceptions. Notwithstanding anything hereinbefore contained, the Landlord may in any event make repairs to the Leased Premises without notice if such repairs are, in the Landlord's opinion, necessary for the protection of the Building and the Tenant covenants and agrees with the Landlord that if the Landlord exercises any such option to repair, the Tenant will pay to the Landlord together with the next instalment of Monthly Rent which shall become due after the exercise of such option all sums which the Landlord shall have expended in making such repairs and that such sums, if not so paid within such time, shall be recoverable from the Tenant as rent in arrears. Provided further that in the event that the Landlord from time to time makes any repairs as hereinbefore provided, the Tenant shall not be deemed to have been relieved from the obligation to repair and leave the Leased Premises in a good state of repair.