Common use of Ownership During Term Clause in Contracts

Ownership During Term. Any Federal investment tax credit applicable to the improvements shall belong to Concessionaire. Title to all furniture, furnishings, removable fixtures and supplies shall remain in Concessionaire. Prior to the commencement of operations, and annually thereafter, Concessionaire shall furnish to City an inventory of all furniture, furnishings and removable fixtures it has placed in the Premises.

Ownership During Term. Any Federal investment tax credit applicable to the Initial Improvements, or improvements installed as part of the Mid- Tenn Refurbishment shall belong to Concessionaire. Title to all furniture, furnishings, removable fixtures and supplies shall remain in Concessionaire. , Prior to the commencement of operations, and annually thereafter, Concessionaire shall furnish to City an inventory of all furniture, furnishings and removable fixtures it has placed in the Premises.

Ownership During Term. Any Federal investment tax credit applicable to the Initial Improvements, or improvements installed as part of the Mid­ Term Refurbishment shall belong to Concessionaire. Title to all furniture, furnishings, removable fixtures and supplies shall remain in Concessionaire. Prior to the commencement of operations, and annually thereafter, Concessionaire shall furnish to City an inventory of all furniture, furnishings and removable fixtures it has placed in the Premises.