Additions, Modifications and Improvements. The Lessee shall, at its own expense, have the right to make additions, modifications, and improvements to any portion of the Leased Property if such improvements are necessary or beneficial for the use of such portion of the Leased Property. All such additions, modifications and improvements shall thereafter comprise part of the Leased Property and be subject to the provisions of this Lease. Such additions, modifications and improvements shall not in any way damage any portion of the Leased Property or cause it to be used for purposes other than those authorized under the provisions of State and federal law or in any way which would impair the exclusion from gross income for federal income tax purposes of the interest components of the Lease Payments; and the Leased Property, upon completion of any additions, modifications and improvements made pursuant to this Section, shall be of a value which is not substantially less than the value of the Leased Property immediately prior to the making of such additions, modifications and improvements.
Additions, Modifications and Improvements. Following the completion of the Project, the District shall, at its own expense, have the right to make additions, modifications, and improvements to any portion of the Property if such improvements are necessary or beneficial for the use of such portion of the Property. Unless otherwise specifically contracted for, all such additions, modifications and improvements shall thereafter comprise part of the Property and be subject to the provisions of this Lease. Such additions, modifications and improvements shall not in any way damage any portion of the Property or cause it to be used for purposes other than those authorized under the provisions of State and federal law or in any way which would impair the State tax-exempt status or the exclusion from gross income for federal income tax purposes of the interest components of the Lease Payments; and the Property, upon completion of any additions, modifications and improvements made pursuant to this Section, shall be of a value which is not substantially less than the value of the Property immediately prior to the making of such additions, modifications and improvements.
Additions, Modifications and Improvements. The City shall, at its own expense, have the right to make additions, modifications or improvements to any portion of the Property if such additions, modifications or improvements are necessary or beneficial for the use of such portion of the Property. Such additions, modifications and improvements shall not in any way damage any portion of the Property or cause them to be used for purposes other than those authorized under the provisions of state and federal law or in any way which would impair the exclusion from gross income for federal income tax purposes of the interest portion of the Lease Payments or diminish the fair rental value of the Property; and the Property, upon completion of any additions, modifications and improvements made pursuant to this Section, shall be of a value which is not less than the value of the Property immediately prior to the making of such additions, modifications or improvements.
Additions, Modifications and Improvements. Following completion of the Project, the Board of Education shall, at its own expense, have the right to make, or cause to be made, additions, modifications and improvements to any portion of the Leased Property if such addition, modifications or improvements are necessary or beneficial for the use of such portion of the Leased Property. All such additions, modifications and improvements shall thereafter comprise part of the Leased Property and be subject to the provisions of this Lease. Such additions, modifications and improvements shall not in any way cause the interest components of the installment payments coming due under the Contract to be includable in gross income for purposes of federal income taxation under Section 103 of the Internal Revenue Code of 1986, as amended.
Additions, Modifications and Improvements. Except for the Project and accessory structures thereof, the Department shall not make modifications to the Subleased Property without the prior written consent of the Board of Education, which consent shall not be unreasonably withheld. Any additions, modifications, or improvements so authorized shall be made at the Department’s sole expense, and shall thereafter comprise part of the Subleased Property and be subject to the provisions of this Sublease. Such additions, modifications and improvements shall not in any way damage any portion of the Subleased Property or cause it to be used for purposes other than those authorized under the provisions of this Sublease, or State and federal law or in any way which would cause the interest components of the Installment Payments made by the County pursuant to its financing arrangements to be includable in gross income for purposes of federal income taxation under Section 103 of the Internal Revenue Code of 1986, as amended.
Additions, Modifications and Improvements. The Pledgor has the right to make additions to the tangible Pledged Property and to modify and improve the tangible Pledged Property, subject to compliance with the following conditions:
(a) such additions and modifications shall not inflict irreparable damage to the operability of the relevant Pledged Property, provided that, after disassembly of such additions and modifications, such Pledged Property will be as easy to sell as it would have been before the installation and assembly of such additions and modifications and its monetary value will remain at least equal to that which existed immediately before their installation and assembly, on condition, however, that the making of such additions and modifications as are practically necessary, will not be considered a violation of the present paragraph if the Pledgor has undertaken timely actions necessary and sufficient to restore the fitness of such Pledged Property and the value and sale value thereof;
(b) such additions, modifications and improvements shall not, when completed, render the use of the Pledged Property less safe than the use of it was before any such additions, modifications or improvements were made; and
Additions, Modifications and Improvements. The SUBLESSEE may from time to time in its discretion and at its expense, make any additions, modifications or improvements to the PROJECT FACILITIES which it may deem desirable for its business purposes provided that no such additions, modifications or improvements shall, in the opinion of an Engineer, adversely affect the structural integrity or strength of any improvements constituting a part of the PROJECT FACILITIES or materially interfere with the use and operation thereof. All additions, modifications and improvements so made by the SUBLESSEE shall become or be deemed to constitute a part of the PROJECT FACILITIES.
Additions, Modifications and Improvements. The Mortgagor may, in its discretion and at its expense, make from time to time any additions, modifications or improvements to the Series 1989D Mortgaged Property which it may deem desirable for its business purposes provided that no such additions, modifications or improvements shall, in the opinion of an Engineer, adversely affect the structural integrity or strength of any improvements constituting a part of the Series 1989D Mortgaged Property or materially interfere with the use and operation thereof. All additions, modifications and improvements so made by the Mortgagor shall become or be deemed to constitute a part of the Series 1989D Mortgaged Property, except as may be provided herein. The Mortgagor may from time to time install Personal Property, as defined below, in addition to the Series 1989D Project Facilities, in or upon the Series 1989D Mortgaged Property. All such Personal Property shall remain the sole property of the Mortgagor and shall not be deemed part of the Series 1989D Mortgaged Property. The Personal Property may be removed at any time by the Mortgagor provided if any such removal will cause damage to any part of the Series 1989D Mortgaged Property, the Mortgagor shall repair such damage at its expense.
Additions, Modifications and Improvements. The Company shall have and is hereby given the sole right, at the Company’s sole cost and expense, to make such additions, modifications and improvements in and to any part of the Project, the Property, the Financed Facilities or the Financed Equipment as the Company from time to time may deem necessary or desirable in the Company’s sole discretion for the Company’s business purposes. All additions, modifications and improvements made by the Company pursuant to the authority of this Section 8.1 shall (i) be made in a good and workmanlike manner and in compliance with all Applicable Regulations, (ii) when commenced, be prosecuted to completion with due diligence, and (iii) when completed, be deemed a part of the Project; provided, however, that additions of machinery, equipment or other improvements installed by the Company (a) not accepted by the City; or (b) not originally purchased or acquired from funds deposited with the Trustee under this Lease shall remain the property of the Company and may be removed by the Company, and are not part of the Project.
Additions, Modifications and Improvements. The Mortgagor has the right to make additions to the Mortgaged Property and to modify and improve the Mortgaged Property, subject to compliance with the following conditions:
(a) Not At Mortgagee's Expense. The cost of making additions and the additions themselves and the cost of making modifications and the modifications themselves will not be at the expense of the Mortgagee;
