Repairs and Replacements Clause Samples
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Repairs and Replacements. (a) Lessor shall, at its cost and expense, maintain the structural portions of the Building, the heating, ventilation and air-conditioning system and the sanitary, electrical, and other systems for all portions of the Building including the Leased Premises, and any portions of the Building used by tenants in common, in good order and repair, including repairing and replacing foundations, floors (not including floor coverings), structural supports, roofs (including maintaining the roof in a watertight condition), roof structures, walls (except for interior wall coverings), exterior doors, entryways, steps, ramps, vestibules, and store fronts; maintain and replace as necessary all fuel tanks at the Leased Premises, if any; and repaint all exterior painted portions of such improvements when reasonably necessary. Lessor warrants the Building's existing heating, air conditioning and ventilation system to be in good working order at the time of Lessee's occupancy at the initiation of this Lease.
(b) Lessee shall make all repairs to the Leased Premises which is necessitated by Lessee's negligence, willful misconduct or failure to comply with the terms of this Lease, or in the installation or removal of any of Lessee's fixtures, signs or improvements. Lessee shall replace all broken glass in the Leased Premises. Lessee shall be responsible for all repairs to the interior and windows of the Leased Premises, and shall maintain or provide for the maintenance and maintenance contracts on any special heating, ventilating or air conditioning equipment serving the Leased Premises that is installed by Lessee.
Repairs and Replacements. Except if repairs or replacements are required by normal wear and tear, SUBTENANT shall be responsible for all repairs and replacements in the Premises including, without restricting the generality of the foregoing, broken glass, torn screens, damaged light fixtures, plugged toilets, and plugged sink drains as well as all cleaning charges plus an administration charge of 15% of the cleaning costs. FURNITURE, APPLIANCES AND TELEVISION SUBTENANT is responsible for maintaining all furniture, appliances and television other than any normal wear and tear and shall pay for any damage as a result of SUBTENANT’s fault according to Schedule 2-Damage/Other Charges for charges that may apply. Regular maintenance instructions are made available on LANDLORD’s website.
Repairs and Replacements. (a) As set forth in this Section 5.2, Manager shall, from funds derived from the operation of the Project or funds contributed by Owner, establish the Reserve to cover the cost of (i) additions to and substitutions, replacements and renewals of FF&E, (ii) certain non-routine repairs and maintenance to the Project which are normally capitalized under generally accepted accounting principles such as exterior and interior repainting, resurfacing building walls, floors, roof and parking areas, replacing folding walls and similar items and (iii) any property improvements, brand standard Capital Improvements and renovation specifically contemplated by this Agreement or any applicable franchise agreement. Subject to the requirements of any Mortgage or other applicable loan documents (with Owner to provide copies of any such Mortgage or other applicable loan documents to Manager), the Reserve shall be maintained in an interest-bearing account or, if directed by Owner, shall be invested in short-term obligations approved by Owner and Manager. All amounts in the Reserve shall be the property of Owner, and any interest on amounts in the Reserve shall remain a part of the Reserve. To the extent that Manager shall be required to pay any income taxes on any interest paid on amounts in the Reserve, the same shall be payable out of the Reserve.
(b) Once each calendar month, Manager shall transfer from the Operating Accounts into the Reserve an amount equal to four percent (4%) of the Gross Revenues for each such month during the Term or such greater amount as may be required under the terms of any Mortgage or other applicable loan documents (with Owner to provide copies of any such Mortgage or other applicable loan documents to Manager). The amount to be contributed to the Reserve is an estimate of amounts required for the purposes set forth in Section 5.2(a).
(c) To the extent funds are available in the Reserve or are otherwise supplied by Owner, Manager shall from time to time make such additions to and substitutions, replacements and renewals of FF&E and all such non-routine repairs to the Hotel (as described in Section 5.2(a)(ii) above) as Manager shall reasonably deem necessary or desirable and Manager shall be entitled to withdraw funds from the Reserve for such purpose, provided that the related expenditure or expenditures are provided for in the Annual Plan or are otherwise permitted by this Agreement or approved in writing by Owner. Proceeds from the sale of FF&E...
Repairs and Replacements. Before the end of the school year, the CTE Teacher shall provide the CTE Department a list of needed repairs and/or replace- ment upgrades or updates for all equipment.
Repairs and Replacements. When any loss payments have been deposited in a supervised bank account, all re- pairs and replacements done by or under the direction of the borrower, or by contract, will be planned, per- formed, inspected, and paid for in the same manner as improvements fi- nanced with loan funds.
Repairs and Replacements. Our guarantee for our work Please note that as this a maintenance contract (rather than an insurance contract) and so any repairs or replacements required outside of the boiler service may be subject to a separate charge if they are not related to the work that we carried out as part of the boiler service. Call out fee for repairs outside the boiler service Safety advice Spare parts The Hometree Powerflush Recovering losses caused by third parties
Repairs and Replacements. General things that aren’t included 8. Please tell us if you are not happy 9. How to cancel your care packages 10. Using your personal information 11. Changes to this contract
Repairs and Replacements. Acacia shall have the risk of loss or damage to defective and repaired or replacement Products while in Acacia’s possession and reshipment to the ADVA specific delivery address DDP (Incoterms 2000), provided, however, that in the case of Products found to be in breach prior to acceptance by ADVA the risk of damage shall at all times remain with Acacia except for damage caused by an act or omission of ADVA.
Repairs and Replacements. The Tenant shall at its own cost repair, replace, maintain and keep the Leased Premises and every part thereof, including without limitation the Leasehold Improvements and the heating, ventilating and air conditioning equipment serving the Building, fixtures and furnishings (whether or not installed or furnished by the Tenant), in good and substantial repair and condition as a prudent owner would do, reasonable wear and tear and repairs and replacements to the Structure only excepted (provided that there shall be no exception for damage caused by the negligent act or omission of the Tenant or anyone for whom it is in law responsible). For clarity, it is acknowledged that the Tenant shall be responsible for maintenance of the Structure, but not for repairs or replacements to the structure, except to the extent necessary as a result of any act or omission of the Tenant, its employees, agents, suppliers or invitees, including, without limitation, failure to properly maintain the Structure. The Landlord shall be responsible for Structural repairs and replacements (except the extent previously set forth) and the Tenant shall pay to the Landlord, upon demand, the cost of such repairs and replacements made by the Landlord, provided that for repairs and replacements to the Structure that are capital in nature, as determined by the Landlord, in accordance with generally acceptable accounting principles, the Landlord shall amortize such costs (plus interest on the unamortized portion of such costs at the rate of Prime plus 5% per annum), over the useful life of the relevant repair or replacement on a straight-line basis and the Tenant shall only be required to pay the portion of such cost as is amortized over the remainder of the Term (and any extensions or renewals thereof), to be paid by annual instalments. By way of example, in the event of a capital repair costing $20,000 with a useful life of 10 years, the Tenant would be required to pay $2,000 (plus interest) each year as its contribution, until the expiration of the Lease as may be extended or renewed, or until the full amortization and payment to the Landlord of such amount, whichever is earlier. The Tenant agrees that the Landlord may enter for the purpose of making Structural repairs and/or replacements as may be required, and may enter to view the state of repair and condition and that the Tenant shall repair in accordance with notice in writing from the Landlord; provided that if the Tenant neglects to s...
Repairs and Replacements. Owner shall replace, or have replaced, or repair, or have repaired, as the case may be, any and all pipes and monuments within the Subject Property that have been destroyed or damaged by Owner or Owner’s agents. Owner shall replace, or have replaced, or repair, or have repaired, as the case may be, the entire cost of such replacement or repair, of any and all property damaged or destroyed by reason of any work done pursuant to this Agreement, whether such property is owned by the United States, or any agency or entity thereof, or the State of North Dakota, or any agency or political subdivision thereof, or by the City or by any public or private corporation, or any person whomsoever, or by any combination of such owners. Any such repair or replacement shall be to the satisfaction and subject to the approval of the City Engineer or their designee.