Capital Improvement Costs Sample Clauses

Capital Improvement Costs. The Tenant shall pay any and all capital improvement costs as required to maintain the building in a state of good repair and meet all building code requirements. The Tenant shall address and remedy any maintenance or improvement issues related to Health and Safety immediately, with reference to the City’s building condition assessment and any other subsequent related studies and possible Landlord reports.

Capital Improvement Costs. IPA agrees that on and after the Transition Date, Capital Improvements approved by the Renewal Contract Coordinating Committee shall be undertaken, acquired and constructed in accordance with the Construction Management and Operating Agreement. Costs for such Capital Improvements that are Ordinary Capital Improvements shall be approved by the Renewal Contract Coordinating Committee and shall be set forth in the Operating Budget and included in the Annual Budget payable as Monthly Power Costs, except to the extent payable from the proceeds of any Renewal Contract Project Indebtedness. Costs for such Capital Improvements that are Major Capital Improvements shall be approved by the Renewal Contract Coordinating Committee and shall be included in a budget for each such Major Capital Improvement payable from the proceeds of Renewal Contract Project Indebtedness, except to the extent included in the Operating Budget payable as Monthly Power Costs.

Capital Improvement Costs. City will be responsible for a fair share of any capital improvements related to the LEC portion of the building. The PJC Joint Operations Committee shall make a recommendation to both the City Council and County Board as to the value and proportion of costs which the City shall be liable for. In the interest of consistency, the County will fund the capital improvements and the City shall reimburse the County based on the recommendation of the PJC Joint Operations Committee, and may either be in full upon completion of the improvement or based on the debt schedule incurred by the County if the funds are borrowed or in the form of bond proceeds. Note: The County considers items with a value of $5,000 or greater to be a capital improvement.

Capital Improvement Costs. Beginning on the first Payment Date and on each Payment Date thereafter, Borrower shall deliver to Lender the sum of $8,784.45, which amount shall be increased by two percent (2%) on each anniversary of the Closing Date, and which sums shall be held in the Capital Expenditure Reserve Account, and which amounts shall be used for payment of costs incurred by Borrower (i) in connection with capital improvements to the Property approved by Lender, and (ii) provided that no Cash Management Period exists, in connection with tenant improvement expenses and leasing commissions incurred by Borrower in connection with replacing tenants or extending Leases at the Property pursuant to Leases approved (or deemed approved) pursuant to this Agreement.

Capital Improvement Costs. The Tenant accepts the Leased Premises in an “as is, where is” condition and shall pay any and all capital improvement costs as required to modify the current site and to construct and maintain the buildings and interconnection pipelines, and any other equipment and machinery required for the operation of the compressor plant and the possible generation plant and process, and to keep in a state of good repair and meet all building code, and environmental regulation requirements.

Capital Improvement Costs. Capital improvement costs to acquire, construct, or improve Facilities and Ancillary Facilities shall be subject to allocation between the Parties based on the Water Purveyor Contribution percentages.

Capital Improvement Costs. The amount needed to pay for the Improvements contemplated by Xxxxxx and governed by one or more construction contracts, plus all other costs associated with the Project.

Capital Improvement Costs. Beginning on the first Payment Date and on each Payment Date thereafter, Borrower shall deliver to Lender the sum of $12,707, which amount shall be increased by two percent (2%) on each anniversary of the Closing Date, and which sums shall be held in the Capital Expenditure Reserve Account, and which amounts shall be used for payment of costs incurred by Borrower in connection with capital improvements to the Property approved by Lender.

Capital Improvement Costs. Not more frequently than once each Interest Accrual Period, and provided that no Event of Default has occurred and is continuing, Borrower may notify Lender in writing and request that Lender release to Borrower funds from the Capital Expenditure Reserve Sub-Account, to the extent funds are available therein, for payment of Capital Improvement Costs. Together with each such request, Borrower shall furnish Lender with copies of bills and other documentation reasonably required by Lender to establish that such Capital Improvement Costs are reasonable, that the work relating thereto has been completed and that such amounts are then due or have been paid. Lender shall approve or disapprove such request within ten (10) Business Days after Lender’s receipt of such request and, if approved, Lender shall release the funds to Borrower or Borrower’s designee within ten (10) Business Days after Lender’s approval.

Capital Improvement Costs. In the case of any [Capital Improvement] that an independent engineer certifies in writing will, subject to reasonable assumptions and qualifications, improve the building’s ESG performance, Landlord shall have the right to make such [Capital Improvements] and may include the costs of such Capital Improvements as [Operating Expenses] . Such improvements to the building’s ESG Performance may include, without limitation, reducing the building’s consumption of utilities such as electricity, oil, natural gas, steam, water or other. Notwithstanding anything to the contrary, the costs of such Capital Improvement shall be deemed reduced by the amount of any government or other incentives for energy efficiency improvements actually received by Landlord to defray the costs of such Capital Improvement, and shall further be reduced by any energy efficiency tax credits or similar energy- efficiency-based tax incentives actually accruing to Landlord as a result of such Capital Improvement (to the extent the benefits thereof are not otherwise passed through to Tenant). Notwithstanding the foregoing, Tenant acknowledges that all greenhouse gas tax credits or carbon credits, offsets, attributes or deductions are the sole and exclusive property of Landlord.