Common use of Capital Improvement Fund Clause in Contracts

Capital Improvement Fund. 5.6.1. Tenant shall establish and maintain a reserve fund (the "Capital Improvement Fund") during the Term of this Lease (as “Term” is defined in Section 2.2) in accordance with the provisions of this Section 5.6 designated to pay for Permitted Capital Expenditures (as defined below) for the Improvements during the Term of this Lease.

Appears in 2 contracts

Samples: Ground Lease, Ground Lease

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Capital Improvement Fund. 5.6.1. Tenant shall establish and maintain a reserve fund (the "Capital Improvement Fund") during the Term of this Lease (as “Term” is defined in Section 2.22.2.3) in accordance with the provisions of this Section 5.6 designated to pay for Permitted Capital Expenditures (as defined below) for the Improvements during the Term of this Lease.

Appears in 2 contracts

Samples: Ground Lease, Ground Lease

Capital Improvement Fund. 5.6.1. As of the Commencement Date, Tenant shall establish and maintain a maintain, for the remainder of the Term (as “Term” is defined in Section 2.2),a reserve fund (the "Capital Improvement Fund") during the Term of this Lease (as “Term” is defined in Section 2.2) in accordance with the provisions of this Section 5.6 designated to pay for Permitted Capital Expenditures (as defined below) for the Improvements during the Term of this Lease.

Appears in 1 contract

Samples: Ground Lease

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Capital Improvement Fund. 5.6.1. As of the Effective Date, Tenant shall establish and maintain a maintain, for the remainder of the Term (as “Term” is defined in Section 2.2),a reserve fund (the "Capital Improvement Fund") during the Term of this Lease (as “Term” is defined in Section 2.2) in accordance with the provisions of this Section 5.6 designated to pay for Permitted Capital Expenditures (as defined below) for the Improvements during the Term of this Lease.

Appears in 1 contract

Samples: Ground Lease

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