Repair Limitation. Philips’ responsibility for repair per event is limited to fifty percent (50%) of any unit of Biomed Equipment’s current fair market value. Fair market value is to be determined by Philips obtaining 3 quotes from aftermarket medical device providers and taking their average. This value becomes the benchmark for determination of repair viability. Should Customer choose to repair a device whose value is estimated to be less than 50% of the repair cost, they will be responsible for any repair cost in excess of fifty percent (50%) of the fair market value of any unit of Biomed Equipment. (Biomed Equipment may be referred to as “equipment” herein.)
Repair Limitation. Scope. Philips’ responsibility for Biomedical repair services is limited to repairs which can be performed using parts available from the OEM or equivalent. Philips’ is not responsible for cosmetic repairs which do not impact the performance of the unit, nor is Philips’ responsible for any type of refurbishment requiring outside services including but not limited to welding or painting.
Repair Limitation. Notwithstanding anything in this Lease to the contrary, Landlord shall not be required to repair any injury or damage, by fire or other cause, to Tenant’s Property or any Tenant Improvements, if any, or to rebuild, repair or replace any decorations, alterations, partitions, fixtures, trade fixtures, additions or other improvements installed on the Premises by or for Tenant, unless and to the extent Landlord has received insurance proceeds from Tenant’s property insurance as provided in Section 7.5 above, and neither Tenant or Landlord has opted to terminate this Lease as provided in Section 14.1.
Repair Limitation. Seller agrees to make repairs which may be required by the lender and/or under Paragraph 8 and/or 9 hereof and to pay for such repairs up to but not to exceed an aggregate total cost of Dollars ( $ ). If the estimated aggregate total cost of such repairs for the above exceeds this amount, and if Seller refuses to pay such excess cost, Purchaser has the option to: (a) accept property with the limited repairs made and paid for by Seller (but if such repairs are required by lender, Purchaser must pay such excess cost of the repairs if the sale is to close); or (b) terminate this Contract, in which case all Xxxxxxx Money shall be refunded to Purchaser. Purchaser shall make his election within twenty- four (24) hours after Purchaser has been notified by Seller or Seller's agent or representative that Xxxxxx has refused to pay such excess cost of the repairs. If Purchaser fails to make this election within the time limit provided herein, then it shall be deemed to be Purchaser's election to accept Property with limited repairs and the sale shall be closed under the terms and conditions provided for in this Contract.
Repair Limitation. Seller is not obligated to and shall not make any improvements or repairs to the property prior to or after sale and transfer of title.
Repair Limitation. In no event will the Seller expend more than dollars ($ ) for repairs.
