Additional Improvements on the Project Site. The Developer may, at its sole cost and expense, construct on portions of the Project Site not theretofore occupied by buildings or improvements such additional buildings and improvements as the Developer from time to time may deem necessary or desirable for its business purposes. All additional buildings and improvements constructed on the Project Site by the Developer, and not paid for with Xxxx proceeds, pursuant to the authority of this Section shall not be included in the Project and, during the life of this Lease, shall remain the property of the Developer and may be added to, altered or razed and removed by the Developer at any time. All additional buildings and improvements shall be made in a good and workmanlike manner and in compliance with all material laws, orders and ordinances applicable thereto and when commenced shall be prosecuted to completion with due diligence. The Developer covenants and agrees (a) to make any repairs and restorations required to be made to the Project because of the construction of, addition to, alteration or removal of said additional buildings or improvements, and (b) to promptly and with due diligence either raze and remove or repair, replace or restore any of said additional buildings and improvements as may from time to time be damaged by fire or other casualty.
Appears in 3 contracts
Samples: Lease Agreement, Lease Agreement, Memorandum of Lease Agreement
Additional Improvements on the Project Site. The Developer mayCorporation shall have and is hereby given the right, at its sole cost and expense, to construct on portions of the Project Site not theretofore occupied by buildings or improvements such additional buildings and improvements as the Developer Corporation from time to time may deem necessary or desirable for its business purposes. All additional buildings and improvements constructed on the Project Site by the Developer, and not paid for with Xxxx proceeds, Corporation pursuant to the authority of this Section shall not be included in the Project and5.04 shall, during the life of this LeaseLease Agreement, shall remain be the property of the Developer and City. The Corporation may be added add to, altered alter or razed raze and removed remove the same at any time subject to any conditions imposed by the Developer at Sublease, the Deed of Trust or by the Deed Trustee in its exercise of any time. All additional buildings and improvements shall be made in a good and workmanlike manner and in compliance with all material lawsduty, orders and ordinances applicable thereto and when commenced shall be prosecuted to completion with due diligenceright or power thereunder. The Developer Corporation covenants and agrees (a) to make any repairs and restorations required to be made to the Project because of the construction of, addition to, alteration or removal of said such additional buildings or improvements, (b) to keep and maintain such additional buildings and improvements in good condition and repair, ordinary wear and tear excepted, and (bc) to promptly and with due diligence either raze and remove from the Project Site in a good workmanlike manner, or repair, replace or restore any of said additional buildings and improvements as may from time to time be damaged by fire or other casualty.
Appears in 1 contract
Samples: Lease Agreement
Additional Improvements on the Project Site. The Subject to Section 8.1(b) and Section 8.5, the Developer may, at its sole cost and expense, construct on portions of the Project Site not theretofore occupied by buildings or improvements such additional buildings and improvements as the Developer from time to time may deem necessary or desirable for its business purposes. All additional buildings and improvements constructed on the Project Site by the Developer, and not paid for with Xxxx proceeds, pursuant to the authority of this Section shall not be included in the Project and, during the life of this Lease, shall remain the property of the Developer and may be added to, altered or razed and removed by the Developer at any time. All additional buildings and improvements shall be made in a good and workmanlike manner and in strict compliance with all material laws, orders and ordinances applicable thereto and when commenced shall be prosecuted to completion with due diligence. The Developer covenants and agrees (a) to make any repairs and restorations required to be made to the Project because of the construction of, addition to, alteration or removal of said additional buildings or improvements, and (b) to promptly and with due diligence either raze and remove or repair, replace or restore any of said additional buildings and improvements as may from time to time be damaged by fire or other casualty.
Appears in 1 contract
Samples: Lease Agreement
Additional Improvements on the Project Site. The Developer mayLessee shall have and is hereby given the right, at its sole cost and expense, to construct on portions of the Project Site not theretofore occupied by buildings or improvements such additional buildings and improvements as the Developer Lessee from time to time may deem necessary or desirable for its business purposes. All additional buildings and real property improvements constructed and “fixtures” as defined under the Uniform Commercial Code as enacted under the laws of the State constructions on the Project Site by the Developer, and not paid for with Xxxx proceeds, Lessee pursuant to the authority of this Section shall not be included in become a part of the Project and, during Site and subject to the life of terms and conditions contained in this Lease and the Base Lease, shall remain the property of the Developer and may be added to, altered or razed and removed by the Developer at any time. All additional buildings and improvements shall be made in a good and workmanlike manner and in compliance with all material laws, orders and ordinances applicable thereto and when commenced shall be prosecuted to completion with due diligence. The Developer Lessee covenants and agrees (a) to make any repairs and restorations required to be made to the Project Site because of the construction of, addition to, alteration or removal of said additional buildings or improvements, (b) to keep and maintain said additional buildings and improvements in good condition and repair, ordinary wear and tear excepted, and (bc) to promptly and with due diligence either raze and remove from the Project Site in a good workmanlike manner, or repair, replace or restore any of said additional buildings and improvements as may from time to time be damaged by fire or other casualty.
Appears in 1 contract
Samples: Lease Agreement