Company’s Improvements Sample Clauses

Company’s Improvements. Upon termination of this Agreement title to Company’s Improvements will vest in Authority and will be treated in all respects as incorporated into the description of Premises, as defined in this Agreement.
Sample 1
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Company’s Improvements. As part of the consideration hereof, Company covenants and agrees to design and construct, at Company’s sole expense, the following minimum improvements on the Leased Premises, which are further depicted on Exhibit “3”, Company’s Improvements, attached hereto and made a part hereof. In no event will Authority be required to reimburse Company for any sums expended by Company for Company’s Improvements as defined in this Agreement. 1) Four hangars of not less than 31,000 square feet each: Xxxxxx 0, Xxxxxx 2 and Hangar 4 as depicted on Exhibit 3 will be for the storage of aircraft; Hangar 3 as depicted on Exhibit 3 will be for the maintenance of aircraft, adequate to house any aircraft upon which maintenance is being performed including office and supporting parts and shop space. 2) Automobile parking lot, landscaping, irrigation, sidewalks, lighting and all customary appurtenances to meet all applicable local codes and to support Xxxxxx 0. Construction of the automobile parking lot will be of like quality, appearance and specification to the Authority's Improvements as described in paragraph 2.2 of this Article. 3) A fuel farm with the minimum storage capabilities of 10,000 gallons aviation gasoline and 20,000 gallons jet fuel. 4) Office building (either separate or adjoining) of not less than 11,000 square feet adequate to house an office, pilot’s lounge, telephone and public restroom facilities, line service area, customer service counter, flight planning area, lobby with adequate seating for passengers, break and vending areas, conference room to meet reasonable demand, and a canopy of not less than 12,000 square feet, attached to the office building and extending over the apron. 5) Company will submit to Authority, in advance of any work performed, all plans, specifications, shop drawings or suitable sketches on Company’s planned Improvements for Authority’s approval.
Sample 1
Company’s Improvements. A. Company will be responsible for the complete design, construction and maintenance costs of all automobile parking area, infrastructure, landscaping, irrigation, sidewalks, lighting and other customary appurtenances for Hangar 4. B. Company will be responsible for the maintenance costs of the apron constructed by the Authority for Hangar 4.
Sample 1
Company’s Improvements. Upon expiration of the first 25 years of the term of this Agreement, title to Company’s Improvements will vest in Authority. At such time, a fair market rental value (FMRV) appraisal of Company’s Improvements will be performed by a duly qualified and licensed appraiser, selected, appointed and paid by Authority. Such appraised FMRV will establish the rental obligation, on a triple net basis, for Company’s Improvements rental payment obligation by Company to Authority during the remaining term and any approved renewal terms of the Agreement.
Sample 1
Company’s Improvements. Time is of the essence with regard to this contract. As part of the consideration hereof, Company covenants and agrees that it will construct the following improvements with all reasonable speed and use commercially reasonable efforts to complete the improvements by 25 February 2012 (Phase I to be completed by 25 February 2009; Phase II to be completed by 25 February 2012). Company’s Improvements will be further detailed in the project construction documents, which, after review and approval by the Parties, will be subsequently attached hereto as Exhibit “3” and incorporated herein by reference. In general terms, Company’s Improvements shall include, but not be limited to: A. Approximately 50,000 square feet of paved aircraft parking apron, designed to accommodate the maneuvering, parking and tie down of light to medium sized business jets and other general aviation aircraft, which is appropriately drained, marked, and lighted, with access to proposed hangar facilities with adequate taxiway connection to the airfield, and which is in accordance with the Authority’s “Minimum Standards and Requirements for Aeronautical Activities” which is incorporated herein by reference, and attached hereto as Exhibit “8”. B. Two (2) 12,000 square foot aircraft hangars and an additional 3,600 square foot area of covered aircraft storage C. Approximately 6,000 square feet of finished office and shop space. D. Approximately 10,760 square feet of paved automobile parking area, containing not less than Thirty-Seven (37) paved automobile parking spaces. Company shall be responsible for all construction permitting, site-work, utility service lines, storm water provisions, drainage, landscaping, lighting and other improvements required for issuance of a certificate of occupancy. Company shall install and maintain adequate aircraft apron lighting, security fencing and security lighting to the satisfaction of the Authority.
Sample 1
Company’s Improvements. Company shall be the owner of Company’s Improvements during the Term of this Agreement. Upon termination of this Agreement (whether by expiration, termination, forfeiture, repurchase or otherwise), title to Company’s Improvements will vest in Authority and will be treated in all respects as incorporated into the description of Premises, as defined in this Agreement.
Sample 1

Related to Company’s Improvements

  • Initial Improvements Subtenant may, at its option and subject to the provisions of the Prime Lease, including, without limitation, Article 8 thereof, complete certain initial improvements to prepare the Demised Premises for Subtenant’s occupancy thereof as described in the Work Letter Agreement attached hereto and made a part hereof as Exhibit B (the “Initial Improvements”), at Subtenant’s sole cost and expense without any contribution or improvement allowance from Sublandlord described in the Work Letter Agreement attached hereto and made a part hereof as Exhibit B); provided, however, Subtenant shall not make or permit anyone to make any Initial Improvements without the prior written consent of Sublandlord, which shall not be unreasonably withheld or delayed, and of Prime Landlord in accordance with the Prime Lease. In connection with the foregoing, Subtenant shall submit to Sublandlord, for prior written approval by Sublandlord, which shall not be unreasonably withheld or delayed, and Prime Landlord, complete plans and specifications for any and all Initial Improvements; including, without limitation, schematic designs and work drawings. Any and all costs and expenses associated with the acquisition of cabling, equipment, furniture, security systems, or other personal property for Subtenant or the Demised Premises or the installation or placement of any of the foregoing within the Demised Premises or with the project management for the performance of the Initial Improvements (collectively, “Subtenant’s Personal Property and Services”), shall be paid for by and be the sole responsibility of Subtenant. Sublandlord acknowledges and agrees that Subtenant shall not be required to remove any Initial Improvements upon the expiration or earlier termination of this Sublease unless the removal is required by Prime Landlord or Sublandlord is otherwise obligated to pay Prime Landlord the costs of any removal of any Initial Improvements pursuant to Section 8(e) of the Prime Lease.

  • ALTERATIONS & IMPROVEMENTS Tenant shall not make any alterations, additions or improvements or do any type of construction to the Property without first obtaining Landlord's written consent. Unless prior written agreement is reached between Tenant and Landlord, any such alterations, additions, improvements or construction shall become part of the Property and shall remain at the expiration of Tenant's Lease term. If Landlord approves of alterations, additions, improvements or construction in writing and Tenant intends to use contractors to undertake such work, the contractors must first be approved in writing by Landlord. Tenant must also place any funds to cover the amount of any alterations, additions, improvements or construction in an escrow account approved by Landlord before the commencement of the work. Landlord shall designate the times and manner of the work being done, exclusively.

  • Tenant's Improvements If the Lessor is the Insuring Party, the Lessor shall not be required to insure Lessee Owned Alterations and Utility Installations unless the item in question has become the property of Lessor under the terms of this Lease. If Lessee is the Insuring Party, the policy carried by Lessee under this Paragraph 8.3 shall insure Lessee Owned Alterations and Utility Installations.

  • Improvements The buildings, structures, fixtures, additions, enlargements, extensions, modifications, repairs, replacements and improvements now or hereafter erected or located on the Land (collectively, the “Improvements”);

  • Needs Improvement the Educator’s performance on a standard or overall is below the requirements of a standard or overall, but is not considered to be unsatisfactory at this time. Improvement is necessary and expected.

  • School Improvement 1. The Board and the Association agree that employee participation in decision making is effective in providing positive results for education. 2. The provisions contained in this section shall apply to all school improvement plans, programs or processes set forth by school improvement committees established in the Xxxxxxx-Xxxxxx School District as a result of Section 1277 of the Revised School Code. 3. It is understood that participation on school improvement committees is voluntary. Further, employees who participate, or are non-participants, in such activities shall not be negatively evaluated for any conduct relative to such committees. 4. In the event that any provision(s) of a school improvement plan, program or process or application thereof violates, contradicts, or is inconsistent with this Collective Bargaining Agreement, the Collective Bargaining Agreement shall prevail.

  • Public Improvements To the best knowledge of the Transferor Partnership, there are no written or proposed plans to widen, modify, or realign any street or highway or any existing or proposed eminent domain proceedings which would affect the Property in any way whatsoever. To the best knowledge of the Transferor Partnership, there are no presently planned public improvements which would result in the creation of a special improvement or similar lien upon the Property.

  • Existing Improvements All improvements located on the Site as of the date of execution of the Construction Contract, whether above or below the surface of the ground, including but not limited to existing buildings, utilities, infrastructure improvements and other facilities.

  • Inventions and Improvements The Executive acknowledges that all ideas, discoveries, inventions and improvements which are made, conceived or reduced to practice by the Executive and every item of knowledge relating to the Company’s business interests (including potential business interests) gained by the Executive during the Employment Term are the sole and absolute property of the Company, and the Executive shall promptly disclose and hereby irrevocably assigns all his right, title and interest in and to all such ideas, discoveries, inventions, improvements and knowledge to the Company for its sole use and benefit, without additional compensation, and shall communicate to the Company, without cost or delay, and without publishing the same, all available information relating thereto. The Executive also hereby waives all claims to moral rights in any such ideas, discoveries, inventions, improvements and knowledge. The provisions of this Section 7 shall apply whether such ideas, discoveries, inventions or knowledge are conceived, made, gained or reduced to practice by the Executive alone or with others, whether during or after usual working hours, whether on or off the job, whether applicable to matters directly or indirectly related to the Company’s business interests (including potential business interests), and whether or not within the specific realm of the Executive’s duties. Any of the Executive’s ideas, discoveries, inventions and improvements relating to the Company’s business interests or potential business interests and conceived, made or reduced to practice during the Severance Period shall for the purpose of this Agreement, be deemed to have been conceived, made or reduced to practice before the end of the Employment Term. The Executive shall, upon request of the Company, and without further compensation by the Company but at the expense of the Company, at any time during or after his employment with the Company, sign all instruments and documents requested by the Company and otherwise cooperate with the Company and take any actions which are or may be necessary to protect the Company’s right to such ideas, discoveries, inventions, improvements and knowledge, including applying for, obtaining and enforcing patents, copyrights and trademark registrations thereon in any and all countries. To the extent this section shall be construed in accordance with the laws of any state which precludes a requirement to assign certain classes of inventions made by an employee, this Section shall be interpreted not to apply to any invention which a court rules and/or the Company agrees falls within such classes.

  • Lessee's Improvements Since Lessor is the Insuring Party, Lessor shall not be required to insure Lessee-Owned Alterations and Utility Installations unless the item in question has become the property of Lessor under the terms of this Lease.

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