PERFORMANCE OF REPAIRS Sample Clauses

The "Performance of Repairs" clause defines the responsibilities and procedures for carrying out maintenance or repair work on a property or asset. It typically outlines who is responsible for initiating and completing repairs, the standards or timelines that must be met, and may specify notification requirements or approval processes before work begins. For example, a landlord may be required to fix structural issues within a certain timeframe after being notified by a tenant. This clause ensures that necessary repairs are addressed promptly and properly, thereby maintaining the condition of the property and clarifying obligations to prevent disputes.
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PERFORMANCE OF REPAIRS. Pinnacle is authorized to make or cause to be made, through Project employees, Pinnacle's employees, or through contracted services, all ordinary repairs and replacements reasonably necessary to preserve the Project in its present condition and for the operating efficiency of the Project, and all alterations required to comply with rental agreement requirements, government regulations or insurance requirements. In accordance with the operating budget (the Plan) or as otherwise directed by Owner, Pinnacle is also authorized to decorate the Project and the individual apartment units and to purchase or rent, on Owner's behalf, all equipment, tools, appliances, materials, supplies, uniforms and other items necessary for the management, maintenance or operation of the Project. Such maintenance and decorating expenses shall be paid out of the operating accounts.
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PERFORMANCE OF REPAIRS. If this Lease is not terminated, Landlord shall diligently repair the Building and all improvements in the Premises, other than Alterations. Tenant, at Tenant’s cost and expense, shall diligently repair Alterations. Tenant shall also diligently replace or repair, at Tenant’s cost and expense, Tenant’s Property. During such repairs, Monthly Base Rent and Tenant’s Share of increases in Escalations, shall be abated in the proportion that the rentable area of the Premises that is untenantable bears to the total rentable area of the Premises.
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PERFORMANCE OF REPAIRS. The Housing Authority is authorized to make or cause to be made, through its employees or through contracted services, all ordinary repairs and replacements reasonably necessary to preserve the Property in its present condition and for the operating efficiency of the Property, and all alterations required to comply with lease agreement requirements, government regulations or insurance requirements. The Housing Authority agrees any repairs its employees can perform are included in its compensation outlined in Section 2.03(a) below. The Districts shall pay for any repairs which require the use of contracted services.‌
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PERFORMANCE OF REPAIRS. Manager is authorized to make or cause to be made, through its employees at the Project, Manager’s other employees, or through contracted services, all ordinary repairs and replacements reasonably necessary to preserve the Project in its present condition and for the operating efficiency of the Project, and all alterations required to comply with rental agreement requirements, government regulations or insurance requirements, all at Owner’s cost and expense, subject to the limits set forth in the Plan. To the extent that the cost of the services specified in the preceding sentence exceed the dollar limitations set forth in Section 4.2, then such expenses shall be deemed “extraordinary” and subject to the limitations and requirements set forth in Section 4.2. In accordance with the Plan or as otherwise directed in writing by Owner, Manager is also authorized to decorate the Project and the individual apartment units and to purchase or rent, on Owner’s behalf, all equipment, tools, appliances, materials, supplies, uniforms and other items reasonably necessary for the management, maintenance or operation of the Project. Such maintenance and decorating expenses incurred in accordance with the Plan shall be paid out of the operating accounts.
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PERFORMANCE OF REPAIRS 
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Related to PERFORMANCE OF REPAIRS

  • Performance of Replacements (a) Borrower shall make Replacements when required in order to keep the Property in condition and repair consistent with other similar properties in the same market segment in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement. (b) Lender reserves the right, at its option, to approve all contracts or work orders with materialmen, mechanics, suppliers, subcontractors, contractors or other parties providing labor or materials under contracts for an amount in excess of $100,000 in connection with the Replacements performed by Borrower. Upon Lender's request, Borrower shall assign any contract or subcontract to Lender. (c) In the event Lender determines in its reasonable discretion that any Replacement is not being performed in a workmanlike or timely manner or that any Replacement has not been completed in a workmanlike or timely manner, and such failure continues to exist for more than thirty (30) days after notice from Lender to Borrower, Lender shall have the option, upon ten (10) days notice to Borrower (except in the case of an emergency), to withhold disbursement for such unsatisfactory Replacement and to proceed under existing contracts or to contract with third parties to complete such Replacement and to apply the Replacement Reserve Fund toward the labor and materials necessary to complete such Replacement, and to exercise any and all other remedies available to Lender upon an Event of Default hereunder. (d) In order to facilitate Lender's completion or making of the Replacements pursuant to Section 7.3.3

  • Completion of Repairs Borrower will commence any Repairs as soon as practicable after the date of this Loan Agreement and will diligently proceed with and complete such Repairs on or before the Completion Date. All Repairs and Capital Replacements will be completed in a good and workmanlike manner, with suitable materials, and in accordance with good building practices and all applicable laws, ordinances, rules, regulations, building setback lines and restrictions applicable to the Mortgaged Property. Borrower agrees to cause the replacement of any material or work that is defective, unworkmanlike or that does not comply with the requirements of this Loan Agreement, as determined by Lender.

  • Cost of Repairs 54.1 Loss or damage to the Works or Materials to be incorporated in the Works between the Start Date and the end of the Defects Correction periods shall be remedied by the Contractor at the Contractor's cost if the loss or damage arises from the Contractor's acts or omissions.

  • Performance of the Work The Contractor shall perform all of the Work required for the complete and prompt execution of everything described or shown in, or reasonably implied from the Contract Documents for the above referenced Project.

  • Performance of Reviews The RIRs shall send a request for review to the Operator per email, where they shall specify the areas they request a review for. The Operator must comply with the request by providing the requested information within five working days. The review may include an onsite inspection. In this case the RIRs and the Operator must agree on a specific date for the inspection to take place, which may not be later than sixty calendar days from the date of the request.