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Common use of Salvage Clause in Contracts

Salvage. All materials which are scrapped or removed in connection with the making of either Capital Additions permitted by Section 10.1 or repairs required by Article IX shall be or become the property of Lessor.

Appears in 13 contracts

Samples: Lease Agreement (Medical Properties Trust Inc), Lease Agreement (Medical Properties Trust Inc), Lease Agreement (Centennial Healthcare Corp)

Salvage. All materials which are scrapped or removed in connection with the making of either Capital Additions permitted by Section 10.1 9.1 or repairs required by Article IX 8 shall be or become the property of LessorLessee; provided that Lessor may require Lessee to dispose of such materials and retain the net proceeds thereof.

Appears in 1 contract

Samples: Lease Agreement (Ramsay Health Care Inc)

Salvage. All materials which are scrapped or removed in connection with the making of either Capital Additions permitted by Section 10.1 9.1 or repairs required by Article IX VIII shall be or become the property of Lessor.; provided that Lessor may require Lessee to dispose of

Appears in 1 contract

Samples: Lease (Balanced Care Corp)