Midterm Refurbishment Sample Clauses

Midterm Refurbishment. Concessionaire shall be required to invest no less than an average of $ to complete the required "Midterm Refurbishment" (as hereinafter defined). Concessionaire shall be required to evaluate the Advertising Locations and determine what Midterm Refurbishments shall be completed pursuant to this Section 6.16 and the terms and conditions of this Agreement. Midterm Refurbishments shall include, but not be limited to, the following: rebranding/reconcepting; replacement of flooring/wall coverings; addition of serving means (which may include without limitation, to-go order counters, automated ordering equipment); replacement of Personalty, or other substantial changes to the location/image. Failure to submit plans for the Midterm Refurbishment for each Advertising Location to the Aviation Department for its approval, or failure to complete such refurbishments, pursuant to the Approved Plans, shall be a material default of this Agreement. Midterm Refurbishment expenses shall not be counted toward either Phase 1 or Phase 2 Capital Investment requirements and shall not be subject to any reimbursement by the County in the event of any relocation of a Advertising Location or for any other reason. Concessionaire shall expend all monies required to complete the Midterm Refurbishments as required in this Section 6.16. Concessionaire shall commence the Midterm Refurbishment for each Advertising Location during the fifth (5th) year after the NTP Expiration Date for such Advertising Location and complete the approved Midterm Refurbishment before the end of the seventh (7th) year after the NTP Expiration Date for such Advertising Location. The amounts spent by Concessionaire for completed Midterm Refurbishments for each Advertising Location shall be counted towards the minimum Midterm Refurbishment investment of One Hundred Dollars ($100.00) per square foot based on the aggregate square footage for the Advertising Locations.
Sample 1
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Midterm Refurbishment. In addition to the ongoing, routine maintenance described in Section 7.14, Tenant shall, at its sole cost and expense, commence Midterm Refurbishment. The Midterm Refurbishment shall include without limitation all modernizing, refinishing, repair, replacement, redecorating, repainting, and re-flooring necessary for the purpose of keeping concession and its technology contemporary and competitive with current concession trends and methods, and keeping the Leased Premises in optimal condition. The scope and extent of the Midterm Refurbishment for each Concession shall be jointly determined by County and Tenant, but shall not exceed the cost of $100 per square foot. If Tenant and County cannot jointly agree upon the necessary scope and extent of the Midterm Refurbishment for any Concession, County may, at its sole discretion, determine the refurbishment required and Tenant agrees to be bound by County’s determination. Tenant’s plans, specifications, and schedule for refurbishment must be in accordance with Airport Xxxx Xxxxx Airport Construction Standards and Tenant Design Guidelines. Tenant shall submit its plan specifications for refurbishment to County for review and approval no later than 80 months from the Term Commencement Date. Tenant shall complete the Midterm Refurbishment, as approved by the Airport Director within one-hundred eighty (180) days from the midterm of the Agreement. The midterm of the Agreement is ninety (90) months from the Term Commencement Date. Failure to complete the refurbishment by said date shall be cause for termination of the Agreement, and/or at the direction of the Airport Director the sum of five hundred dollars DocuSign Envelope ID: 3D69B7F0-C0A2-48D7-BAEA-EC290E626401 ($500.00) per day until the Midterm Refurbishment has been completed to the satisfaction of the County. This amount shall be in addition to all other sums due under this Lease. The plans and specifications shall be certified by an architect or engineer licensed by the State of California and shall consist of (a) working drawings, (b) technical specifications, and (c) proposed equipment upgrades or changes. When documenting each refurbishment minimum investment required by the Lease, architectural and engineering charges not exceeding 15% of the total investment may be included. Construction costs shall not include indirect costs such as financing costs, holding costs, legal fees, interest, administrative and overhead expenses, internal design, review, manage...
Sample 1
Midterm Refurbishment. (1) Permittee shall refurbish, redecorate and modernize the interior and exterior of the public area of each Concession Unit (the “Midterm Refurbishment”) after January 1, 2025 (the “Mid-Term Refurbishment Date”). Midterm Refurbishment shall not mean the expenditure of money for those ordinary maintenance and repair items that should have been maintained and repaired in accordance with Section 3 below. It is the intent of this Section 2 that all Concession Units, including Concession Units operated under sublease, shall undergo Midterm Refurbishment, and that such Midterm Refurbishment shall be conducted while the Concession Units are opened for business, unless the Port determines, in the exercise of its sole discretion, that Permittee’s proposed scope of work in a Concession Unit is so extensive that such Concession Unit may be closed during its Midterm Refurbishment, in which event Permittee shall have the right to close that Concession Unit during its Midterm Refurbishment, but such closure shall not result in any abatement of the Rent on that Concession Unit. In connection with such refurbishment, redecoration, and modernization, Permittee shall invest a minimum amount in each Concession Unit (the “Minimum Mid-Term Amount”) equal to $150.00 per square foot.
Sample 1
Midterm Refurbishment. (a) Tenant shall refurbish, redecorate and modernize the interior and exterior of the public retail area of the Premises after the fifth (5th) 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.
Sample 1
Midterm Refurbishment. In the event the Option Period is exercised and approved by the Aviation Department, Concessionaire shall be required to invest no less than a minimum amount of Ninety Thousand Dollars ($90,000.00) to complete the required "Midterm Refurbishment" (as hereinafter defined). Concessionaire shall be required to evaluate the Advertising Locations and determine what Midterm Refurbishments shall be completed pursuant to this Section 6.15 and the terms and conditions of this Agreement. Midterm Refurbishments shall include, but not be limited to, the following: rebranding/reconcepting; replacement of flooring/wall coverings; addition of serving means (which may include without limitation to-go order counters and automated ordering equipment); replacement of Personalty, or other substantial changes to the location/image. Failure to submit plans for the Midterm Refurbishment for each Advertising Location to the Aviation Department for its approval within 90 days after County approval of the Option Period, or failure to complete such Midterm Refurbishments pursuant to the Approved Plans, shall be a material default of this Agreement. Midterm Refurbishment expenses shall not be counted toward the Capital Investment requirement and shall not be subject to any reimbursement by the County in the event of any relocation of an Advertising Location or for any other reason. Concessionaire shall expend all monies required to complete the Midterm Refurbishments as required in this Section 6.15 within six (6) months after the notice of County approval of the Option Period.
Sample 1
Midterm Refurbishment. Not Applicable
Sample 1
Midterm Refurbishment. On or before the Midterm Deadline, Concessionaire shall completely upgrade and refurbish the Premises (the “Midterm Refurbishment”) in a manner acceptable to the Port in order to maintain an attractive and inviting appearance to customers. In order to permit the timely completion of the Midterm Refurbishment, not later than one hundred twenty (120) days before the Midterm Deadline, Concessionaire shall submit to the Port Concessionaire’s proposed plan of refurbishment, specifically identifying those repairs and Alterations, including but not limited to painting and replacement of furniture, trade fixtures and equipment, that it intends to undertake. The Midterm Refurbishment shall be of quality equal to or better than the Initial Improvements, and all work (including, but not limited to, any Alterations) shall be subject to the prior written approval of the Port, which shall not be unreasonably withheld, conditioned or delayed. Concessionaire’s investment in the Midterm Refurbishment shall be not less than fifteen percent (15%) of the Initial Improvement Amount.
Sample 1
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Midterm Refurbishment. “Midterm Refurbishment” shall have the meaning set forth in Section 7.2.2 of this Agreement.
Sample 1

Related to Midterm Refurbishment

  • CONSTRUCTION AND RENOVATION Construction of academic or residential buildings on the UC Berkeley campus may be scheduled for the term of this Lease in the vicinity of the apartments. Capital improvement and other major housing construction or repair projects will necessarily cause increased noise and dust in affected and nearby residences at certain times. There is the possibility of both planned and unplanned utility shutdowns and access to certain facilities, streets, parking lots, walking, and bike pathways may be limited, rerouted, or completely restricted. The University will work with building contractors to make every effort to minimize construction inconveniences. By agreeing to this Lease Agreement, the Resident acknowledges notice of the possibility of scheduled construction and access limitations, and acknowledges that there will be disturbances, disruptions, and inconveniences resulting from such constructions and has agreed to such. The Resident also acknowledges that increased noise, dust, potential reassignment, or loss of parking spaces related to construction or renovation are not grounds for cancellation or termination of this Lease.

  • Construction Phase Payments 10.3.1 Payments for Construction Phase Services shall be made as provided for in the UGSC and Owner’s Specifications. All payment requests shall be submitted through e- Builder® with a Schedule of Values and include all required attachments. Payment for approved Change Orders shall be made as part of Contractor’s Application for Payment. Failure to submit a Prime Contractor Progress Assessment Report form with each Application for Payment will cause rejection of the application by Owner and its return to Contractor.

  • Facility Maintenance Seller shall perform, or cause to be performed, all scheduled and unscheduled maintenance required on the Facilities in order to meet the Warranty Specifications and Performance Standards. In that regard, Seller’s responsibilities hereunder shall include, without limitation, promptly correcting any Bloom System or BOF malfunctions, either by (i) recalibrating or resetting the malfunctioning Bloom System or BOF, or (ii) subject to Section 5.7(b), repairing or replacing Bloom System or BOF components which are defective, damaged, worn or otherwise in need of repair or replacement.

  • Construction Phase Services 3.1.1 – Basic Construction Services

  • Installation, Maintenance, Testing and Repair Unless otherwise agreed in writing by the Parties, to the extent required by Applicable Law, Interconnection provided by a Party shall be equal in quality to that provided by such Party to itself, any subsidiary, affiliates or third party. If either Party is unable to fulfill its obligations under this Section 14.2, it shall notify the other Party of its inability to do so and will negotiate alternative intervals in good faith. The Parties agree that to the extent required by Applicable Law, the standards to be used by a Party for isolating and clearing any disconnections and/or other outages or troubles shall be at parity with standards used by such Party with respect to itself, any subsidiary, affiliate or third party.

  • Site Allowance All new construction and extension/refurbishment work having a project value in excess of $2.0m will attract the then current City of Melbourne Site Allowance.

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