Additional Improvements definition

Additional Improvements shall have the meaning set forth in Section 8.1(a). “Additional Work” shall have the meaning set forth in Section 8.1(a).

Additional Improvements is defined in Section 4.1.

Additional Improvements shall have the meaning ascribed to such term in Section 4.1.

Examples of Additional Improvements in a sentence

• Upon completion of Additional Improvements, if any, the Lessee shall promptly comply with the requirements of Section 3.5 and request the appropriate officers of the City to reassess the Improvements.

• Following the determination of the fair market value of the Applicable Assets and the Additional Improvements by the appraisers, the Related Refinery Owner and the Relevant Asset Owner shall equally share the costs of any third appraiser.

• In the event that the Related Refinery Owner and the Relevant Asset Owner cannot agree as to the fair market value of such Applicable Assets and the Additional Improvements, the Related Refinery Owner and the Relevant Asset Owner shall each select a qualified appraiser.

• Subject to the obligations of the Related Refinery Owner and the Relevant Asset Owner in this Lease and under the Ancillary Agreements, including any indemnity provisions contained in the Omnibus Agreement, the Relevant Asset Owner covenants and agrees to operate the Applicable Assets and Additional Improvements in accordance with normal and customary practices in the industry and all Applicable Laws now in force, or which may hereafter be in force.

• Except as otherwise agreed by the Related Refinery Owner and the Relevant Asset Owner, the Relevant Asset Owner shall, during the Applicable Term, maintain or cause to be maintained property and casualty insurance (including pollution insurance coverage) on the Applicable Premises and the Applicable Assets and Additional Improvements in accordance with customary industry practices and with a licensed, reputable carrier.

More Definitions of Additional Improvements

Additional Improvements has the meaning given such term in the Lease and Access Agreements.

Additional Improvements shall have the meaning ascribed to such term in Article IV.

Additional Improvements shall have the meaning given to that term in Paragraph (a) of Article 12 hereof.

Additional Improvements shall be amended by adding the words "prior to Closing or" after the words "entered into" in the fourth line.

Additional Improvements has the meaning set forth in Section 15.2.1.

Additional Improvements. PILOT shall have the meaning set forth in Section Additional Rent shall have the meaning set forth in Section 4.3(b). Adjusted PILOT Amount shall mean, with respect to the determination of PILOT for any semi-annual period with respect to Land, Existing Improvements, Project Improvements or Additional Improvements, as applicable, an amount equal to the Full PILOT Amount for such semi-annual period applicable to Land, Existing Improvements, Project Improvements or Additional Improvements, respectively, as adjusted by (y) any Qualified As-of-Right Benefit applicable thereto, and (z) any reduction in such Qualified As-of-Right Benefit over the prescribed term of such benefit. Affiliate means, with respect to a given Person, any other Person that directly or indirectly through one or more intermediaries Controls, is Controlled by, or is under common Control with such given Person. Agency shall mean the New York City Industrial Development Agency, a corporate governmental agency constituting a body corporate and politic and a public benefit corporation of the State, duly organized and existing under the laws of the State, and any body, board, authority, agency or other governmental agency or instrumentality which shall hereafter succeed to the powers, duties, obligations and functions thereof. Agency Act shall mean Chapter 1082 of the 1974 Laws of New York, as amended. Agent shall have the meaning set forth in Section 5.2(c). Agreement shall mean this Agency Lease Agreement, dated as of the date set forth in the first paragraph hereof, between the Agency and the Lessee, and shall include any and all amendments hereof and supplements hereto hereafter made in conformity herewith. Annual Administrative Fee shall mean that annual administrative fee established from time to time by the Agency’s Board of Directors as generally applicable to Entities receiving or that have received Financial Assistance (subject to such exceptions from such general applicability as may be established by the Agency’s Board of Directors). Application Date shall mean the date on which the Inducement Resolution was adopted with respect to the Lessee’s application for Financial Assistance. Approved Facility shall mean the Facility as occupied, used and operated by the Sublessee substantially for the Approved Project Operations. Approved Project Operations shall mean operation of the Facility Realty by the Lessee, the Sublessee or an Affiliate of the Lessee or Sublessee approved by the Agency...

Additional Improvements shall have the meaning set forth in Section 6(a)(i).