All Definitions
Genie AI's algorithm has begun to pull terms, relevant taxonomical data from legal templates and databases worldwide. Wherever possible we will cite the source of the legal definition to support your legal research needs.
Maintenance activity
Maintenance activity means regular work performed to correct deficiencies and keep facilities or infrastructure in a safe operational condition.
Maintenance and repair of structures
Maintenance and repair of structures means interior revamping, augmentation of nonstructural components, plumbing, insulation, and waterproofing of foundational structures.
Maintenance Requirement
Maintenance Requirement means the value of collateral to be maintained in [Securities Account], determined by [Lender] periodically.
Major Appliance
Major Appliance means a piece of equipment used in residential or commercial settings, including but not limited to, air conditioner, clothes washer, clothes dryer, dishwasher, refrigerator, microwave oven, stove, water heater, dehumidifier, garbage disposal, and trash compactor.
Major Credit Card
Major Credit Card means a credit card issued by either VISA, MasterCard International, American Express, Discover, or Diners Club
Major Default
a failure by the Mutual in accordance with clause 22 that is of a serious nature and which has, or is likely to have a significant impact on the delivery of the Services to the Service Users;
Major Division
Major Division means a significant operating unit within an [organization]
Major Events
Major Events means scheduled occasions of significant size at a pre-determined venue, impacting local infrastructure or requiring substantial advance booking
Majority Party
Majority Party means the group or coalition with the highest number of members within a specific [assembly]
