How is Utility Maintenance Activities defined in a legal contract?
- Utility Maintenance Activities means the upkeep, repair, and substitution of applicable utility improvements, which are necessary to keep the utility improvements in good condition for the provision of the necessary utility service. The party performing these activities should make reasonable efforts not to disrupt business operations on any tract during these activities. If the activities will disrupt traffic flow on any part of the Utility Easement, then, unless in emergency situations, the performing party should notify the other owners of such disruption at least [number] days before the activities start. Seen in 1 SEC filing.
Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
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Which definition should you use?
🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Utility Maintenance Activities means the upkeep, repair and replacement of operational utility improvements, ensuring continued service.
Relevant Contract Types
Relevant Circumstances
- Acquisition of a new business facility and the need for standard maintenance activities.
- Agreement between two organizations for conducting regular maintenance activities.
- When an organization outsources utility maintenance services to a third-party.
Relevant Sectors
Genie Definition 2
- Utility Maintenance Activities means performing necessary actions with minimum disruption to business operations and traffic. Notification is required if disruption is unavoidable.
Relevant Contract Types
Relevant Circumstances
- When a management company is hired to oversee maintenance activities in a residential complex.
- Lease agreements where the landlord is responsible for utility maintenance.
- In contracts involving activities that may interfere with traffic or business operations.
Relevant Sectors
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Utility Maintenance Activities means the upkeep, repair and replacement of operational utility improvements, ensuring continued service.
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