Capital Improvement Projects. Work that is funded with CIP funds, warranted upon completion, or awarded through Guaranteed Maximum Price.
Capital Improvement Projects. Landlord hereby agrees to consider and, subject to Landlord’s approval, to make available to Tenant on the terms and conditions set forth in this Section 9.2(f) funds for specified capital improvement projects (each a “Capital Improvement Project” and collectively, the “Capital Improvement Projects”). Tenant shall obtain Landlord’s prior written consent for all Capital Improvement Projects, which consent shall be given or withheld in Landlord’s sole discretion. As a condition precedent to any disbursement to Tenant for a Capital Improvement Project, Tenant shall provide to Landlord a written request describing in detail the Capital Improvement Project(s) for which funding is sought and such information concerning the details, plans, specifications, scope, cost and payment of such Capital Improvement Projects as required by Landlord including, without limitation, such lien waivers and releases from all parties furnishing materials and/or services for the Capital Improvement Projects and such other documents as Facility Mortgagee may require. Upon approval of the specified Capital Improvement Project by Landlord in its sole discretion and the completion and documentation of any such Capital Improvement Project by Tenant, monthly Rent shall increase in accordance with the terms and conditions of Section 3.3 above.
Capital Improvement Projects. If ASA desires the City to consider funding specific capital improvement projects, ASA shall submit in writing a detailed description of the type of project for consideration (i.e., scoreboards, bleachers, or similar improvements). Written requests shall be submitted to the Parks and Recreation Director by February 1 of each year to be reviewed and approved by the Parks Board for consideration in the budget. The City’s fiscal year runs from October 1 to September
Capital Improvement Projects. If Supplier must implement a capital improvement project to one or more SUMF Assets, other than those providing SUMF under Schedule 6.1 (i) in order to permit the Supplier to meet its obligations under this Agreement to deliver the related SUMF Item(s) to Purchaser in compliance with a compulsory change in applicable Legal Requirements (including permitting) or HSSE regulations, (ii) in order to improve the performance, efficiency, reliability, or some other attribute of a SUMF Asset, (iii) as a result of damage to a SUMF Asset caused by Purchaser’s Gross Negligence or Willful Misconduct (as further described in Article 14.1), or (iv) due to required end-of-life replacement of such SUMF Asset, the Supplier shall, a reasonable period of time prior to completion of the project planning process, provide notice and consult with Purchaser with respect to such project (with the Parties acknowledging that the ultimate determination with respect to any such capital improvement projects rests solely with Supplier). Any such notice shall specify in reasonable detail the capital improvements to be made, any permits that may be required, the estimated cost of such capital improvement project and permits, any proposed changes to this Agreement or to any Schedule, and any other relevant information relating to such capital improvement project. The Purchaser shall pay its allocated share of the actual costs and expenses reasonably incurred by the Supplier that are directly related to the capital improvement project which directly or indirectly benefits Purchaser. Notwithstanding the foregoing, if Supplier fails to provide the required notice and information in advance of the capitalization of the project costs, then the Purchaser shall have the right to delay the start of the payment of the charges (capital charge and depreciation) referenced under Article 13.5, for a period of time equivalent to the relevant notice period. Unless otherwise agreed by the Parties, each Party shall be entitled to a portion of the benefits, if any, generated by such capital improvement project in proportion to the percentage of the total costs and expenses of such project paid by such Party. In furtherance of the foregoing, if any single capital improvement project:
(a) results in savings of costs (whereby for the purpose of this Article 13.3, “savings of costs” means: a saving of two percent (2%) or more on the annual average of the Medium Pressure (MP) steam formula price), the savings wi...
Capital Improvement Projects. The BDC may make recommendations to the City for capital improvements to be constructed in the Downtown.
Capital Improvement Projects. Landlord hereby agrees to consider and, subject to Landlord’s approval, to make available to Tenant on the terms and conditions set forth in this Section 9.2(f) funds for specified capital improvement projects
Capital Improvement Projects. In connection with any Projec-L- CaiDital Expenditure undertaken by any Seller after the date of execution of this Agreement, each Seller agrees as .Lollows: to submit plans and specifications therefor to CapStar for its review and approval (which aDDroval shall not he unreasonably withheld or delayed); (ii) to complete such projects in accordance with the plans and specifications therefor; (iii) to complete such projects in a good and workmanlike manner, in timely fashion and usi-ng good materials; and (iv) to complete such projects in accordance with all A-oDlicable Laws. At the Time of Closing, Sellers shall deliver to CapStar a report detailing each Project Capital ExDenditure undertaken by Sellers, the work comnleted i-n connection with each Project Capital Expenditure, the amount spent (or committed to be spen-) in connection with each Project CaDital Expenditure and the work, if any, needed to be comvieted in connection with each Project Canital Expendi-ture.
Capital Improvement Projects. The CONTRACTOR shall, at CONTRACTOR’s expense, complete the various “capital improvements” shown and listed on Exhibit “A” attached hereto, in accordance with the time frames set forth herein, which performance shall be excused only with the prior consent of CITY, or if this Agreement should be terminated prior to the date of the scheduled improvement. Any improvements above and beyond normal maintenance to the Course parking lot must be agreed to by both parties, with CONTRACTOR paying for all materials and supplies, and CITY solely responsible for all labor costs for installation and construction.
a. CONTRACTOR agrees that all plans and specifications for any future capital improvement projects shall be submitted to the city as otherwise required by city ordinance. Any deviations from the plans and specifications or substitutions of materials, construction methods, or equipment shall be permitted only with the prior written approval of the CITY.
b. In the undertaking of the design and construction of future capital improvements, the responsibilities of CONTRACTOR shall include but not be limited to:
1. The hiring of all contractors and/or suppliers for the design and construction of said improvements.
2. The scheduling and supervision of all work.
3. The timely payment of all fees, costs, charges, and expenses associated with this work, including for all necessary permits. The CONTRACTOR shall apply for and receive all necessary permits, obtain all necessary inspections and obtain a Certificate of Occupancy, if required.
4. Requiring all contractors of sub‐contractors to indemnify the CITY and to obtain and maintain in continuous effect the liability insurance coverages specified by the CITY at the time of the design and construction of any future capital improvement. This coverage may be provided by the CONTRACTOR.
5. Observe the progress of construction at appropriate stages to determine if the work is proceeding on schedule and being performed in accordance with the design documents and related contract documents.
6. Conduct a final inspection upon contractor request for final payment and develop a punch list of items for completion, if any.
7. Maintain all project documents and records for a mandatory three (3) year retention period from the date of final payment for inspection and auditing by the CONTRACTOR, the CITY, and any other authorized governmental entity.
Capital Improvement Projects. During the term of this Agreement, both parties shall each contribute $799,800.00 for capital improvements for the Project. City will provide engineering, construction engineering and other project management services as required to complete the designated capital projects. The cost of engineering design and construction engineering services provided by other City departments or contract consultants will be considered to be part of the cost of capital projects. City will bill County as work is completed, but not more frequently than monthly. Capital projects that will utilize 2022 capital funding are: Project 1 M.S. ‘Xxxxx’ Xxxxxxxx Floodway Improvements Including Toe Drains and Pump Stations in Levees and Other Big Ditch Costs.
Capital Improvement Projects. These positions will involve the management of major capital improvement projects. Term-limited temporary positions may not be used for on-going management of buildings or facilities once they have been built.
