Mid-Term Refurbishment. (a) Tenant shall refurbish, redecorate and modernize the interior and exterior of the public retail area of the Premises after the sixth (6th) anniversary of the Full Rent Commencement Date (the “Mid-Term Refurbishment Date”). On or before the date that is thirty (30) days before the Mid- Term Refurbishment Date, Tenant shall give notice to Director of its intended plan with respect to such mid-term refurbishment requirements. All such mid-term refurbishments will be subject to the requirements of this Lease, including Director’s approval rights under this Section 7. Tenant shall complete all such refurbishments on or before the date that is six (6) months after the Mid-Term Refurbishment Date. (b) The Airport Director shall be authorized to waive, reduce or delay such requirement provided Director is satisfied that Tenant has developed and shall implement a maintenance program necessary or appropriate to keep the facilities in good condition throughout the term of the Lease. (c) Upon completion of the mid-term refurbishment, Tenant shall provide City with documentation of expenses as specified in Section 7.1 [Minimum Investment] for mid-term refurbishment investment.
Appears in 7 contracts
Samples: Lease Agreement, Lease Agreement, Lease Agreement
Mid-Term Refurbishment. (a) Tenant shall refurbish, redecorate and modernize the interior and exterior of the public retail area of the Premises after the sixth fifth (6th5th) anniversary of the Full Rent Commencement Date (the “Mid-Term Refurbishment Date”). On or before the date that is thirty (30) days before the Mid- Term Refurbishment Date, Tenant shall give notice to Director of its intended plan with respect to such mid-term refurbishment requirements. All such mid-term refurbishments will be subject to the requirements of this Lease, including Director’s approval rights under this Section 7. Tenant shall complete all such refurbishments on or before the date that is six (6) months after the Mid-Term Refurbishment Date.
(b) The Airport Director shall be authorized to waive, reduce or delay such requirement provided Director is satisfied that Tenant has developed and shall implement a maintenance program necessary or appropriate to keep the facilities in good condition throughout the term of the Lease.
(c) Upon completion of the mid-term refurbishment, Tenant shall provide City with documentation of expenses as specified in Section 7.1 [Minimum Investment] for mid-term refurbishment investment.
Appears in 3 contracts
Samples: Lease Agreement, Lease Agreement, Lease Agreement
Mid-Term Refurbishment. (a) Tenant shall refurbish, redecorate and modernize the interior and exterior of the public retail area of the Premises after the sixth Fifth (6th5th) anniversary of the Full Rent Commencement Date (the “Mid-Term Refurbishment Date”). On or before the date that is thirty (30) days before the Mid- Term Refurbishment Date, Tenant shall give notice to Director of its intended plan with respect to such mid-term refurbishment requirements. All such mid-term refurbishments will be subject to the requirements of this Lease, including Director’s approval rights under this Section 7. Tenant shall invest Thirty Five Percent (35%) of the Minimum Investment Amount. Tenant shall complete all such refurbishments on or before the date that is six (6) months after the Mid-Term Refurbishment Date.
(b) The Airport Director shall be authorized to waive, reduce or delay such requirement provided Director is satisfied that Tenant has developed and shall implement a maintenance program necessary or appropriate to keep the facilities in good condition throughout the term of the Lease.
(c) Upon completion of the mid-term refurbishment, Tenant shall provide City with documentation of expenses as specified in Section 7.1 [Minimum Investment] for mid-term refurbishment investment.
Appears in 2 contracts
Samples: Lease Agreement, Lease Agreement
Mid-Term Refurbishment. (a) Tenant shall refurbish, redecorate and modernize the interior and exterior of the public retail area of the Premises after the sixth (6th) anniversary of the Full Rent Commencement Date (the “Mid-Term Refurbishment Date”). On or before the date that is thirty (30) days before the Mid- Term Refurbishment Date, Tenant shall give notice to Director of its intended plan with respect to such mid-term refurbishment requirements. All such mid-term refurbishments will be subject to the requirements of this Lease, including Director’s approval rights under this Section 7. Tenant shall invest thirty-five percent (35%) of the Minimum Investment Amount. Tenant shall complete all such refurbishments on or before the date that is six (6) months after the Mid-Term Refurbishment Date.
(b) The Airport Director shall be authorized to waive, reduce or delay such requirement provided Director is satisfied that Tenant has developed and shall implement a maintenance program necessary or appropriate to keep the facilities in good condition throughout the term of the Lease.
(c) Upon completion of the mid-term refurbishment, Tenant shall provide City with documentation of expenses as specified in Section 7.1 [Minimum Investment] for mid-term refurbishment investment.
Appears in 1 contract
Samples: Lease Agreement
Mid-Term Refurbishment. (a) Tenant shall refurbish, redecorate and modernize the interior and exterior of the public retail area of the Premises after the sixth (6th) anniversary of the Full Rent Commencement Date (the “Mid-Term Refurbishment Date”). On or before the date that is thirty (30) days before the Mid- Term Refurbishment Date, Tenant shall give notice to Director of its intended plan with respect to such mid-term refurbishment requirements. All such mid-term refurbishments will be subject to the requirements of this Lease, including Director’s approval rights under this Section 7. Tenant shall invest Thirty-Five Percent (35%) of the Minimum Investment Amount. Tenant shall complete all such refurbishments on or before the date that is six (6) months after the Mid-Term Refurbishment Date.
(b) The Airport Director shall be authorized to waive, reduce or delay such requirement provided Director is satisfied that Tenant has developed and shall implement a maintenance program necessary or appropriate to keep the facilities in good condition throughout the term of the Lease.
(c) Upon completion of the mid-term refurbishment, Tenant shall provide City with documentation of expenses as specified in Section 7.1 [Minimum Investment] for mid-term refurbishment investment.
Appears in 1 contract
Samples: Lease Agreement
Mid-Term Refurbishment. (a) Tenant shall refurbish, redecorate and modernize the interior and exterior of the public retail area of the Premises after the sixth (6th) fourth anniversary of the Full Rent Commencement Date (the “Mid-Term Refurbishment Date”). On or before the date that is thirty (30) days before the Mid- Mid-Term Refurbishment Date, Tenant shall give notice to Director of its intended plan with respect to such mid-mid- term refurbishment requirements. All such mid-term refurbishments will be subject to the requirements of this Lease, including Director’s approval rights under this Section 7. Tenant shall invest Thirty Five Percent (35%) of the Minimum Investment Amount. Tenant shall complete all such refurbishments on or before the date that is six (6) months after the Mid-Term Refurbishment Date.
(b) The Airport Director shall be authorized to waive, reduce or delay such requirement provided Director is satisfied that Tenant has developed and shall implement a maintenance program necessary or appropriate to keep the facilities in good condition throughout the term of the Lease.
(c) Upon completion of the mid-term refurbishment, Tenant shall provide City with documentation of expenses as specified in Section 7.1 [Minimum Investment] for mid-term refurbishment investment.
Appears in 1 contract
Samples: Lease Agreement
Mid-Term Refurbishment. (a) Tenant shall refurbish, redecorate and modernize the interior and exterior of the public retail area of the Premises after the sixth fifth (6th5th) anniversary of the Full Rent Commencement Date (the “Mid-Term Refurbishment Date”). On or before the date that is thirty (30) days before the Mid- Term Refurbishment Date, Tenant shall give notice to Director of its intended plan with respect to such mid-term refurbishment requirements. All such mid-term refurbishments will be subject to the requirements of this Lease, including Director’s approval rights under this Section 7. Tenant shall invest thirty-five percent (35%) of the Minimum Investment Amount. Tenant shall complete all such refurbishments on or before the date that is six (6) months after the Mid-Term Refurbishment Date.
(b) The Airport Director shall be authorized to waive, reduce or delay such requirement provided Director is satisfied that Tenant has developed and shall implement a maintenance program necessary or appropriate to keep the facilities in good condition throughout the term of the Lease.
(c) Upon completion of the mid-term refurbishment, Tenant shall provide City with documentation of expenses as specified in Section 7.1 [Minimum Investment] for mid-term refurbishment investment.
Appears in 1 contract
Samples: Lease Agreement