Costs of Maintenance and Operation Clause Samples

Costs of Maintenance and Operation. Each of ASTA Medica and BioNumerik will bear its own costs and expenses relating to the maintenance and operation of the Alliance Steering Committee and the Project Team. The members of the Alliance Steering Committee and the Project Team will each serve without any additional compensation.
View SourceView Similar (4)
Costs of Maintenance and Operation. Third, to the extent that Landlord shall maintain and operate the Premises, to pay to itself the reasonable cost and expense of doing so; and
View SourceView Similar (4)
Costs of Maintenance and Operation. Third, to the extent that Lessor shall maintain and operate the Premises, to pay to itself the reasonable cost and expense of doing so; and
View SourceView Similar (2)
Costs of Maintenance and Operation. The costs of the maintenance and operation of the Paseo Nuevo Parking Facilities, including without limitation, operating expenses, utilities, repairs, insurance, taxes (including any possessory interest taxes attributable thereto but imposed upon the Developer Tract, Macy’s Tract or Nordstrom Tract), security services, replacement costs and any capital reserves, shall be borne solely by the City. In return, the City shall retain all revenue (whether direct or indirect) derived from its operation of the Paseo Nuevo Parking Facilities. Neither the Agency, the Developer, the Majors, nor any of the tenants of the mall stores shall bear any expense for the maintenance or operation of the Paseo Nuevo Parking Facilities, except as otherwise provided in the Parking Agreement. The Agency hereby acknowledges that it has agreed to pay to the City a portion of the annual Parking and Business Improvement Area assessment (PBIA), imposed pursuant to Santa ▇▇▇▇▇▇▇ Municipal Code, Chapter 4.37, for the Paseo Nuevo Shopping Center, as described in Section 22.5 of the Construction and Reciprocal Easement Agreement (REA) between the Agency, the Developer and the Majors. Said portion of the annual PBIA assessment to be paid by the Agency has been determined for the year to be $58,664.85 This amount is the difference between the maximum contribution ($100,000) required to be paid by Paseo Nuevo Associates, a California limited partnership successor in interests to PNSC, L.P., a California limited partnership and Santa ▇▇▇▇▇▇▇ Associates (former operators of the Paseo Nuevo Shopping Center), and the total PBIA assessment due ($158,664.85). This amount shall be offset against the benefits to the City of the operation, revenues, and eventual transfer of ownership to the City of both Parking Structures No. 2 and No. 10.
View Source

Related to Costs of Maintenance and Operation

  • Operation and Maintenance 17.1 O&M obligations of the Concessionaire 17.1.1 During the Operation Period, the Concessionaire shall operate and maintain the Bus Terminal in accordance with this Agreement either by itself, or through the O&M Contractor and if required, modify, repair or otherwise make improvements to the Bus Terminal to comply with the provisions of this Agreement, Applicable Laws and Applicable Permits, and conform to Specifications and Standards and Good Industry Practice. The obligations of the Concessionaire hereunder shall include: (a) permitting safe, smooth and uninterrupted flow of traffic on the Bus Terminal during normal operating conditions. Buses of other state road transport corporations shall be parked inside the Bus Terminal for which no charges shall be payable to the Concessionaire and if any charges are applicable for such parking then it shall be realized by Authority only; (b) minimising incidents affecting the safety and use of the Bus Terminal by providing a rapid and effective response and maintaining liaison with emergency services of the State; (c) carrying out periodic preventive maintenance of the Bus Terminal; (d) undertaking routine maintenance including prompt repairs of ticket counters, Workshops, Authority's Office and other infrastructure as mentioned in the Operation and Maintenance Schedule; (e) undertaking major maintenance such as per the Maintenance Schedule of the major infrastructure in the Bus Terminal; (f) preventing, with the assistance of the concerned law enforcement agencies, any encroachments on the Bus Terminal; (g) protection of the environment and provision of equipment and materials therefor; (h) operation and maintenance of all communication, control and administrative systems necessary for the efficient operation of the Bus Terminal; (i) maintaining a public relations unit to interface with and attend to suggestions from the Users, passengers, government agencies, media and other agencies; (j) complying with Safety Requirements in accordance with Article 18; (k) operation and maintenance of all Project Assets diligently and efficiently and in accordance with Good Industry Practice; (l) maintaining punctuality and reliability in operating the Bus Terminal; and (m) maintaining a high standard of cleanliness and hygiene in the Bus Terminal. 17.1.2 The Concessionaire shall remove promptly from the Bus Terminal all surplus construction machinery and materials, waste materials (including hazardous materials and waste water), rubbish and other debris (including, without limitation, accident debris) and keep the Bus Terminal in a clean, tidy and orderly condition,