Maintenance and Damage Clause Samples
The Maintenance and Damage clause outlines the responsibilities of the parties regarding the upkeep and repair of property, as well as liability for any damage that occurs during the term of an agreement. Typically, it specifies which party is responsible for routine maintenance, who must pay for repairs, and how accidental or intentional damage should be addressed. This clause ensures that property remains in good condition and clarifies financial responsibility, thereby preventing disputes over maintenance obligations and damage costs.
Maintenance and Damage. (a) During both construction and operation of the Development, Grantee shall maintain the Development and the Property in good repair and in a neat, clean, and orderly condition. If County discovers this condition has been violated, and if Grantee has not cured such condition within thirty (30) days of receiving a County notice of such a condition, then in addition to any other rights available to the County, the County shall have the right to perform all acts necessary to cure such condition, and to establish or enforce a lien or other encumbrance against the Property.
(b) Subject to the requirements of senior lenders, and if economically feasible in the County's reasonable judgment after consultation with the Grantee, if any improvement now or in the future on the Property is damaged or destroyed, Grantee shall, at its cost and expense, diligently undertake to repair or restore such improvement consistent with the plans and specifications approved by the County with such changes as have been approved by the County. Such work or repair shall be commenced no later than one hundred twenty (120) days, or such longer period approved by the County in writing after the damage or loss occurs or thirty (30) days following receipt of the insurance proceeds, and shall be complete within one (1) year thereafter. Any insurance proceeds collected for such damage or destruction shall be applied to the cost of such repairs or restoration and, if such insurance proceeds shall be insufficient for such purpose, then Grantee shall make up the deficiency. If Grantee does not make repairs, then any insurance proceeds collected for such damage or destruction shall be distributed to the County subject to the rights of the senior lenders.
Maintenance and Damage. Company will use commercially reasonable efforts to maintain static displays in good condition to the extent of matters reasonably within Company's control. Should Advertiser's static Copy be lost, stolen, damaged, defaced, or deteriorated for any reason whatsoever, including ordinary wear and tear, Advertiser shall furnish replacement Copy, upon Company's request, without liability or expense to Company. If Advertiser fails to provide such replacement Copy, Company may use the location in any manner, without releasing Advertiser from its obligation to pay for such location. Any repainting or reposting requested by Advertiser in addition to that specified herein shall be paid by Advertiser in advance per Company's current quoted prices.
Maintenance and Damage. The Resort strives to ensure that all facilities are in good repair and everything is in working order. However, there may be an occasion when an amenity is unavailable, is out of order, or breaks down. Paradise Hollow will do its best to make repairs or replacements, but if neither is reasonably possible due to time or availability of parts or service, Paradise Hollow cannot guarantee these items and will not make refunds based on malfunctions or circumstances beyond its control. Renter will be financially responsible for damage to the cottage and contents. Renter is required to notify the Resort host of damage upon arrival and departure.
Maintenance and Damage. (a) During the course of both construction and operation of the Development, Borrower shall maintain the Development in good repair and in a neat, clean and orderly condition, consistent with quality affordable housing developments owned or operated by Borrower or its Affiliates. If there arises a condition in contravention of this requirement, and if ▇▇▇▇▇▇▇▇ has not cured such condition within thirty (30) days after receiving written notice from the County of such a condition, if Borrower is incapable of curing a default within such thirty
Maintenance and Damage. We strive to ensure that all facilities are in good repair and everything is in working order; however, there may be an occasion when an amenity is unavailable, is out of order, or breaks down during occupancy. We will do our best to make repairs or replacements, but if neither is reasonably possible due to time or availability of parts or service, we can not guarantee these items and will not make refunds based on malfunctions or circumstances beyond our control.
Maintenance and Damage. (a) During the course of both rehabilitation and operation of the Development, ▇▇▇▇▇▇▇▇ shall maintain the Development and the Property in good repair and in a neat, clean and orderly condition. If there arises a condition in contravention of this requirement, and if Borrower has not cured such condition within thirty (30) days after receiving a County notice of such a condition, then in addition to any other rights available to the County, the County may perform all acts necessary to cure such condition, and to establish or enforce a lien or other encumbrance against the Property, subject to the provisions provided in subsection (b) below.
(b) Subject to the requirements of senior lenders, and if economically feasible in the County's judgment after consultation with Borrower, if any improvement now or in the future on the Property is damaged or destroyed, then Borrower shall, at its cost and expense, diligently undertake to repair or restore such improvement consistent with the plans and specifications approved by the County with such changes as have been approved by the County. Such work or repair is to be commenced no later than the later of one hundred twenty (120) days, or such longer period approved by the County in writing, after the damage or loss occurs or thirty
Maintenance and Damage. Licensee, at its sole cost and expense, shall maintain the Space in good, clean and safe condition. Licensee shall be liable for all damages to the Space and, upon demand, shall reimburse Licensor for the cost of the repair of the Space or any other damage elsewhere within the Center caused by or arising from the use of the Space.
Maintenance and Damage. (a) During the operation of the rental housing on the Property, Grantee shall maintain the Development and the Property in good repair and in a neat, clean and orderly condition. If there arises a condition in contravention of this requirement, and if Grantee has not cured the condition within thirty (30) days after receiving a County notice of the condition, then in addition to any other rights available to the County, the County has the right to perform all acts necessary to cure such condition, and to establish or enforce a lien or other encumbrance against the Property.
(b) If economically feasible in the County’s reasonable judgment after consultation with Grantee, if any improvement now or in the future on the Property is damaged or destroyed, then Grantee shall, at its cost and expense, diligently undertake to repair or restore such improvement consistent with the plans and specifications approved by the County with such changes as have been approved by the County. Such work or repair is to be commenced no later than the later of one hundred twenty (120) days, or such longer period approved by the County in writing, after the damage or loss occurs or thirty (30) days following receipt of the insurance proceeds, and is to be completed within one year thereafter. Any insurance proceeds collected for such damage or destruction are to be applied to the cost of repairs or restoration and, if the insurance proceeds are insufficient for such purpose, then Grantee is to make up the deficiency.
Maintenance and Damage. The Borrower shall maintain the Required Project Property in good repair and in a neat, clean and orderly condition. If there arises a condition in contravention of this Section 4.03, and if the Borrower has not cured such condition within thirty (30) days after receiving a County notice of such a condition, or, if the condition cannot be cured within thirty days of such notice, the Borrower has not diligently pursued a cure and has not cured such condition within ninety (90) days, then in addition to any other rights available to the County Board, the County Board shall have the right to perform all acts necessary to cure such condition, and to establish or enforce a lien or other encumbrance against the Required Project Property.
Maintenance and Damage. (a) During the course of both [construction or rehabilitation] and operation of the Development, Borrower shall maintain the Development and the Property in good repair and in a neat, clean and orderly condition. If there arises a condition in contravention of this requirement, and if Borrower has not cured such condition within thirty (30) days after receiving a County notice of such a condition, then in addition to any other rights available to the County, the County shall have the right to perform all acts necessary to cure such condition, and to establish or enforce a lien or other encumbrance against the Property.
(b) Subject to the requirements of senior lenders, and if economically feasible in the County’s reasonable judgment after consultation with the Borrower, if any improvement now or in the future on the Property is damaged or destroyed, then Borrower shall, at its cost and expense, diligently undertake to repair or restore such improvement consistent with the plans and specifications approved by the County with such changes as have been approved by the County. Such work or repair shall be commenced no later than the later of one hundred twenty (120) days, or such longer period approved by the County in writing, after the damage or loss occurs or thirty (30) days following receipt of the insurance proceeds, and shall be complete within one (1) year thereafter. Any insurance proceeds collected for such damage or destruction shall be applied to the cost of such repairs or restoration and, if such insurance proceeds shall be insufficient for such purpose, then Borrower shall make up the deficiency. If Borrower does not make repairs, then any insurance proceeds collected for such damage or destruction shall be distributed as if such proceeds were Residual Receipts (as defined in this Agreement [revise to refer to Intercreditor Agreement, when applicable]), subject to the rights of the Senior Lenders.