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Common use of Salvage Clause in Contracts

Salvage. Other than Tenant's Personal Property, all materials which are scrapped or removed in connection with the making of repairs, alterations, improvements, renewals, replacements and additions pursuant to Article V shall be disposed of by Tenant and the net proceeds thereof, if any, shall be deposited in the Reserve.

Appears in 19 contracts

Samples: Lease Agreement (CNL Retirement Properties Inc), Lease Agreement (CNL Retirement Properties Inc), Lease Agreement (CNL Retirement Properties Inc)

Salvage. Other than Tenant's Personal Property, all materials which are scrapped or removed in connection with the making of repairs, alterations, improvements, renewals, replacements and additions pursuant to Article V 5 shall be disposed of by Tenant and the net proceeds thereof, if any, shall be deposited in the Reserve.

Appears in 16 contracts

Samples: Lease Agreement (CNL Hospitality Properties Inc), Lease Agreement (CNL Health Care Properties Inc), Lease Agreement (CNL Hospitality Properties Inc)

Salvage. Other than Tenant's Personal Property, all materials which are scrapped or removed in connection with maintenance and repair performed pursuant to Article 5 and the making of repairs, alterations, improvements, renewals, replacements and additions Permitted Renovations pursuant to Article V 6 shall be disposed of by Tenant and the net proceeds thereof, if any, shall be deposited in the Reserve.

Appears in 10 contracts

Samples: Lease Agreement (CNL Retirement Properties Inc), Lease Agreement (American Retirement Corp), Lease Agreement (CNL Retirement Properties Inc)

Salvage. Other than Tenant's ’s Personal Property, all materials which are scrapped or removed in connection with maintenance and repair performed pursuant to Article 5 and the making of repairs, alterations, improvements, renewals, replacements and additions Permitted Renovations pursuant to this Article V 6 shall be disposed of by Tenant and the net proceeds thereof, if any, shall be deposited in the Reserve.

Appears in 3 contracts

Samples: Lease Agreement (CNL Healthcare Properties, Inc.), Lease Agreement (CNL Healthcare Trust, Inc.), Lease Agreement (CNL Healthcare Trust, Inc.)

Salvage. Other than Tenant's Personal Property, all materials which are scrapped or removed in connection with the making of repairs, alterations, improvements, renewals, replacements and additions pursuant to Article V ARTICLE 5 shall be disposed of by Tenant and the net proceeds thereof, if any, shall be deposited in the Reserve.

Appears in 2 contracts

Samples: Lease Agreement (CNL Hospitality Properties Inc), Lease Agreement (CNL Hospitality Properties Inc)

Salvage. Other than Tenant's ’s Personal Property, all materials which are scrapped or removed in connection with the making of repairs, alterations, improvements, renewals, replacements and additions pursuant to Article V 5 shall be disposed of by Tenant and the net proceeds thereof, if any, shall be deposited in the Reserve.

Appears in 2 contracts

Samples: Master Lease (CNL Income Properties Inc), Master Lease (CNL Income Properties Inc)

Salvage. Other than Tenant's ’s Personal Property, all materials which are scrapped or removed in connection with maintenance and repair performed pursuant to Article 5 and the making of repairs, alterations, improvements, renewals, replacements and additions Permitted Renovations pursuant to Article V 6 shall be disposed of by Tenant and the net proceeds thereof, if any, shall be deposited in the Reserve.

Appears in 2 contracts

Samples: Lease Agreement (Sentio Healthcare Properties Inc), Sublease Agreement (CNL Income Properties Inc)

Salvage. Other than Tenant's ’s Personal Property, all materials which are scrapped or removed in connection with the making of repairs, alterations, improvements, renewals, replacements and additions pursuant to Article V 5 shall be disposed of by Tenant and the net proceeds thereof, if any, shall be deposited in into the ReserveCapital Reserve Account.

Appears in 2 contracts

Samples: Sub Permit and Lease Agreement (CNL Lifestyle Properties Inc), Sub Permit and Lease Agreement (CNL Income Properties Inc)

Salvage. Other than Tenant's Personal Property’s personal property, all materials which are scrapped or removed in connection with the making of repairs, alterations, improvements, renewals, replacements and additions pursuant to Article V 5 shall be disposed of by Tenant and the net proceeds thereof, if any, shall be deposited in into the ReserveCapital Reserve Account.

Appears in 1 contract

Samples: Sublease Agreement (CNL Income Properties Inc)

Salvage. Other than Tenant's ’s Personal Property, all materials which are scrapped or removed in connection with the making of repairs, alterations, improvements, renewals, replacements and additions pursuant to Article V 5 shall be disposed of by Tenant and the net proceeds thereof, if any, shall be deposited in the Capital Renewals Reserve.

Appears in 1 contract

Samples: Lease Agreement (CNL Healthcare Trust, Inc.)

Salvage. Other than Tenant's ’s Personal Property, all materials which are scrapped or removed in connection with the making of repairs, alterations, improvements, renewals, replacements and additions pursuant to Article V 5, Article 10 or Article 11 and the making of Permitted Renovations pursuant to this Article 6 shall be disposed of by Tenant Tenant, and the net proceeds thereof, if any, shall be deposited in the Reserve.

Appears in 1 contract

Samples: Lease Agreement (CNL Income Properties Inc)