Ownership and Removal of Improvements. All improvements including any signage, fire or security systems, fixtures, equipment, and appurtenances attached, built-in, or made to the Premises or the Property prior to or during the Term which cannot be removed without physical damage to the Premises or Property (“Structural Improvements”) shall become and be Landlord’s property and, unless Landlord otherwise elects pursuant to ¶13.1, shall be and remain part of the Premises or Property, as the case may be, at the termination of this Lease.
Ownership and Removal of Improvements. 2.12.1 Except as hereinafter provided, Tenant shall be the owner of all Improvements and all furnishings, fixtures and personal property of Tenant located thereon during the Term of this Lease. Tenant shall retain all rights to depreciation deductions and tax credits arising from its ownership of said property. Except as permitted by this Lease, Tenant shall not remove any Improvements or fixtures from the Premises, nor waste or destroy any Improvements or fixtures. Upon the expiration or earlier termination of this Lease, all Improvements shall revert to Landlord without compensation or payment of any kind to, or requirement of consent or other act of Tenant, without the necessity of executing a deed, xxxx of sale, conveyance or other act or agreement of Tenant, and without payment of any kind or nature by Landlord to Tenant or to any other Person, including any Leasehold Mortgagee. If requested by Landlord, Tenant shall, without charge to Landlord, execute, acknowledge and deliver to Landlord appropriate documentation (in form and content satisfactory to Landlord) which acknowledges and confirms that Landlord retains all right, title and interest in and to the Improvements as of the expiration or earlier termination of this Lease
Ownership and Removal of Improvements. All buildings, landscaping, and all other improvements, except telecommunications equipment, shall become the property of the City upon expiration or termination of this lease. In the event that the City requires removal of such improvements upon expiration or earlier termination of this lease, such removal shall be accomplished at Sprint's sole expense and shall be completed within 30 days after receiving notice from the City requiring removal of the improvements. In the event that telecommunications facilities or other equipment are left upon City property after expiration or termination of the lease, they shall become the property of the City if not removed by Sprint upon 30 days written notice from the City.
Ownership and Removal of Improvements. Xxxxxxxx acknowledges and agrees that during the Term of this Lease, Tenant shall be the owner of any New Improvements that Tenant may hereafter make to the Property, and all Tenant’s Personal Property. Tenant shall retain all rights to depreciation deductions and tax credits arising from its ownership of such New Improvements and Tenant’s Personal Property during the Term of this Lease. Without limiting the provisions of Sections 1.4 and 2.3 hereof, upon expiration or earlier termination of this Lease, all Improvements and any Tenant’s Personal Property (including any replacements or new Tenant’s Personal Property acquired by Tenant for the operations conducted upon the Premises) then used in connection with the use, operation or maintenance of the Premises shall automatically vest in, revert to (as applicable) and become the property of Landlord, in each case free and clear of all liens or encumbrances, but without any other representation or warranty by Tenant and without any compensation to, or requirement of consent or other act of Tenant and without the necessity of executing a deed, bill of sale, conveyance or other act or agreement of Tenant.
Ownership and Removal of Improvements. Landscaping installed and all other similar improvements made by the COUNTY shall become the property of the CITY upon expiration or termination of this Agreement. The tower, building, antennas, equipment, conduits, fixtures and personal property shall remain the property of the COUNTY. The COUNTY shall, upon expiration or termination of this Agreement, remove its building, antennas, equipment, conduits, fixtures and all personal property. In the event that the CITY requires removal of such improvements upon expiration or earlier termination of this Agreement, such removal shall be accomplished at the sole expense of the COUNTY and shall be completed within 90 days after receiving written notice from the CITY that it requires removal of the improvements. In the event that the equipment is not removed by the COUNTY as required by this paragraph, such equipment/facilities shall become the property of the CITY upon the expiration of the ninety (90) calendar days.
Ownership and Removal of Improvements. 10 7.2 REAL ESTATE COVENANT 11
Ownership and Removal of Improvements. 13.1 On termination of this lease by expiry, surrender, breach of conditions or otherwise the Leased Area together with all Buildings and Improvements on the Leased Area will revert to the Council without any compensation being payable to the Lessee by the Council.
13.2 Despite clause 13.1, at the end of the lease the Council will have the following rights:
13.2.1 The Council may make the Leased Area available to another community group approved by the Council, in which case the Council may require the incoming lessee to pay to the Lessee the value of the Lessee's improvements. If this value cannot be agreed by the parties it will be determined in accordance with clause 13.2.4.
13.2.2 Where the Lessee's improvements are of value to the Council, the Council may pay the Lessee the value of those improvements as agreed by the parties. If this value cannot be agreed by the parties it will be determined in accordance with clause 13.2.4.
13.2.3 The Council may require the Lessee, on written notice, to remove from the Leased Area some or all of the Lessee's improvements in which case the Lessee will, within a reasonable time as stipulated in the notice, and in the manner (if any) stipulated in that notice, remove the improvements. If the Lessee does not comply with the terms of the notice within the stipulated time or in the stipulated manner the Council may remove the same at the Lessee's cost in all respects.
13.2.4 Where under clause 13.2.1 or 13.2.2 the parties cannot agree on
(a) each party will appoint a valuer and will give written notice of the appointment to the other party within 14 days;
(b) if the party receiving a notice does not appoint a valuer within that 14 day period then the valuer appointed by the other party will decide on the value of the improvements and forward a recommendation to the Minister to determine the final value of the Buildings and Improvements;
(c) as soon as the valuers are appointed they must appoint an umpire who need not be a registered valuer;
(d) the valuers will then jointly recommend the current value of the improvements;
(e) the value will be decided by the umpire if the valuers do not agree on it within one month of the date of the appointment of the last of them to be appointed;
(f) the recommendation of the valuers, if agreed, or the recommendation of the umpire if the valuers cannot agree to the value, will be forwarded to the Minister to determine the final value of the improvements.
13.2.5 The Council may require...
Ownership and Removal of Improvements. 2.12.1 Except as hereinafter provided, Tenant shall be the owner of all Improvements and all furnishings, fixtures and personal property of Tenant located thereon during the Term of this Lease. Tenant shall retain all rights to depreciation deductions and tax credits arising from its ownership of said property. Except as permitted by this Lease, Tenant shall not remove any Improvements or fixtures from the Premises, nor waste or destroy any Improvements or fixtures. Upon the expiration or earlier termination of this Lease, all Improvements shall revert to Landlord without compensation or payment of any kind to, or
Ownership and Removal of Improvements. All landscaping and all other improvements made to District property by Licensee, excluding Licensee’s telecommunications facility, shall become the property of the District upon expiration or termination of this License. In the event that the District requires removal of such improvements after termination of this License, such removal shall be accomplished at the sole expense of the Licensee and completed within 30 days after receiving notice from the District requiring removal of the improvements. Additional time may be granted upon the discretion of the District, which approval shall not be unreasonably withheld, delayed or conditioned. In the event that Licensee’s telecommunications facilities or other equipment are left upon District property after expiration or termination of this License, they shall, at the District’s option, if not removed by the Licensee upon 30 days written notice from the District, be removed and stored at the expense of Licensee. Stored telecommunications facilities that are not claimed by the Licensee within six
Ownership and Removal of Improvements. The Dwelling, and all buildings or other improvements now existing or hereafter constructed on the Premises (except modular homes or site-constructed homes, excluding the Dwelling) by LESSEE shall be the property of the LESSEE during the term of the LEASE, including any extension or renewal thereof.
17.1 Upon termination or expiration of this LEASE and presentation to and verification by the TRIBE and the Secretary of the Interior of a release and satisfaction of the mortgage on any improvements by the holder of mortgage, LESSEE may remove the Dwelling and improvements consisting of outbuildings and manufactured homes, but not including the removal of modular homes or site constructed homes on the Premises (other than the Dwelling).
17.2 If LESSEE removes any improvements from the Premises, LESSEE must restore the Premises to a reasonable approximation of the condition prior to the construction of the improvements. LESSEE must repair any damage to the Premises or be held liable for the costs of the repairs.
17.3 If LESSEE fails to remove the Dwelling or other improvements, personal property and/or all fixtures within thirty (30) days of expiration of this LEASE, or its earlier termination in accordance with the terms hereof, this shall be an abandonment of the Dwelling or other improvements, personal property and fixtures, and in the event of such abandonment the TRIBE, at its option, may retain the same and all rights of LESSEE with respect to the Dwelling, any improvements, personal property or fixtures shall cease.
