Adjustment Works definition

Adjustment Works in this Lease shall mean: construction works, which shall be performed by the Lessee by itself or by others in order to adjust the Object of the Lease to the requirements of the Lessee during the course of the construction of the Object of the Lease by the Lessor and before receiving possession of the Object of the Lease.
Adjustment Works all of the works performed by the Lessee and paid thereby, required in order to adjust the Leased Property for the Lessee’s needs and for the purpose of lease, subject to the provisions of this Agreement, if any.
Adjustment Works has the meaning set forth under Schedule 4.8.

Examples of Adjustment Works in a sentence

  • Except for the budget allocated for the Adjustment Works as stated in Appendix D of this Addendum, the other provisions set forth in this Addendum shall apply to the entire Additional Area.

  • The location of work items are presented in Figure 1-2:Updated EMP Report – The Adjustment Works under the Danang SCDP Figure 1-2: Overview map of project works 1.1.2. Summary of work items of Project The Danang Sustainable Development Project, a multi-sector project with the overall objective of promoting the City’s economic - social development via the improvement of urban facilities, the improvement of living conditions and the poverty reduction for city residents.

  • Regardless of the completion of the Renovations and Adjustment Works, the Tenant will sign a financing Bank appendix in a form attached to this agreement as Annex “H”, or any other form required by the bank.

  • It is agreed that Sections 7, 8, 9, 19 of the Head Tenancy Agreement will not apply to Tenant, and Section 10, shall apply, mutatis mutandis, on renovation work during the rental period (not the Adjustment Works, (as defined in the Head Tenancy Agreement) performed by the Landlord).

  • The Tenant declares to take full responsibility for all of the foregoing toward the Owner, the management company and all third parties at its own risk and expense (and not that of the Landlord), except in connection with the Renovations and Adjustment Works as described above).

  • In order to avoid all doubt, liability associated with the Renovations and Adjustment Works performed by the Landlord in the Tenancy shall be borne by the Landlord, and Landlord shall secure appropriate insurance.

  • Notwithstanding the abovementioned, it is agreed that during the period of performing the Adjustment Works in the Leased Property the Leased Property’s A/C systems will be disconnected and the Lessee will not be charged for the cost of electricity consumption including its relative share in the cost until their reconnection as per its request.

  • It is hereby clarified that during period of performing the Adjustment Works, the Lessee will pay the property taxes applicable to the Leased Property except if the Lessee receives a legal exemption from the aforementioned payment since the Leased Property is an empty asset or an asset under renovation (the Lessee will be entitled to submit to the Herzliya Municipality an application as aforementioned and the Lessor will cooperate therewith in this matter).

  • The Lessee shall implement the Adjustment Works in such manner that will prevent nuisances and disruptions to the other lessees in the Building and shall be held liable towards the Lessor and towards any third party for any damage and/or loss caused, if caused, directly or indirectly, in the course of and/or following the implementation of the Adjustment Works, to the body and/or the property and/or the additional leased premises and/or to the Building and/or surroundings and/or content thereof.

  • The Lessor will complete, by the completion date of the Adjustment Works, all of the tasks for which he is responsible and that are listed in the specifications and required for the issue of a Form 4.


More Definitions of Adjustment Works

Adjustment Works. All works that the Lessee requires for the purpose of completing construction of the Additional Leased Premises and for the purpose of making the Additional Leased Premises compatible with its requirements (except for the Lessor's Works within their meaning above) and all alterations or additions implemented by the Lessee in the area of the Additional Leased Premises (to the extent implemented), and that will be implemented by and at the expense of the Lessee in accordance with the provisions set forth in this Addendum;
Adjustment Works any adjustments, removals, reinstatements, augmentations and/ or enhancements to all or any of the of the works elements mentioned in (a) or (b) above, including (without limitation) the temporary provision of such works and undertaking monitoring activities to address issues around the enforcement, clarity, improved compliance and public acceptance of the Combined Scheme; and

Related to Adjustment Works

  • Adjustment Price means the lowest Underlying Price within the Adjustment Period after the Underlying Price is for the first time equal to or below the Adjustment Threshold.

  • Adjustment means each form of adjustment to consideration provided for in this clause.The parties acknowledge that the consideration under this Contract is inclusive of GST, where GST is calculated using the GST rate at the time of forming this Contract.The Contractor shall provide the Recipient with a Tax Invoice and/or adjustment notes in relation to the supply prior to an amount being paid by the Recipient under this Contract, and shall do all things reasonably necessary to assist the Recipient to enable it to claim and obtain any Input Tax Credit available to it in respect of a Supply.Where the GST rate is changed after the date of formation of this Contract the consideration under this Contract will be increased or decreased so that the consideration remains inclusive of GST, with GST calculated using the new GST Rate from the date of the change of the GST Rate that applies at the date of formation of this Contract. PrivacyFor the purposes of this Clause unless the context otherwise requires:

  • Adjustments means all discounts, allowances, returns, disputes, counterclaims, offsets, defenses, rights of recoupment, rights of return, warranty claims, or short payments, asserted by or on behalf of any Account Debtor with respect to any Purchased Receivable.

  • XXXXX Adjustment means, with respect to XXXXX, 0.0326% per annum.

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • Contract Term Adjustment means adjustment only as provided for in the three circumstances described in this Subsection. Under these circumstances, the contract term shall be adjusted in writing to include additional calendar days in one or more Normal Operating Seasons equal to the actual time lost, except as limited by paragraph (b) in this Subsection.

  • True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Benchmark Replacement Adjustment means, with respect to any replacement of the then-current Benchmark with an Unadjusted Benchmark Replacement for any applicable Interest Period and Available Tenor for any setting of such Unadjusted Benchmark Replacement:

  • CMSA NOI Adjustment Worksheet A report substantially in the form of, and containing the information called for in, the downloadable form of the "NOI Adjustment Worksheet" available as of the Closing Date on the CMSA Website, or such other form for the presentation of such information and containing such additional information as may from time to time be recommended by the CMSA for commercial mortgage securities transactions generally and is acceptable to the Master Servicer or the Special Servicer, as applicable, and in any event, shall present the computations made in accordance with the methodology described in such form to "normalize" the full year net operating income and debt service coverage numbers used in the other reports required by this Agreement.

  • Adjustment Right means any right granted with respect to any securities issued in connection with, or with respect to, any issuance or sale (or deemed issuance or sale in accordance with Section 2) of shares of Common Stock (other than rights of the type described in Section 3 and 4 hereof) that could result in a decrease in the net consideration received by the Company in connection with, or with respect to, such securities (including, without limitation, any cash settlement rights, cash adjustment or other similar rights).

  • Informal adjustment means an agreement reached among the parties, with consultation, but not the consent, of the victim of the crime or other persons specified in KRS 610.070 if the victim chooses not to or is unable to participate, after a petition has been filed, which is approved by the court, that the best interest of the child would be served without formal adjudication and disposition;

  • Adjustment Statement has the meaning set forth in Section 2.6(a).

  • Adjustment Payment means, in respect of any Security, the payment (if any) determined by the Determination Agent as is required in order to reduce or eliminate, to the extent reasonably practicable, any transfer of economic value to or from the Issuer as a result of the replacement of the Index by the Alternative Pre-nominated Index. The Determination Agent may determine that the Adjustment Payment is zero.

  • CREFC® NOI Adjustment Worksheet The worksheet in the “NOI Adjustment Worksheet” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • SOFR Adjustment means 0.10% (10 basis points).

  • Adjustment Fraction shall have the meaning set forth in Section 11(a)(i) hereof.

  • Adjustment Time means 12:01 a.m. eastern time on the Closing Date.

  • Adjustment Number shall initially be 10,000. In the event the Corporation shall at any time after November 5, 1998 (i) declare or pay any dividend on Common Stock payable in shares of Common Stock, (ii) subdivide the outstanding Common Stock into a greater number of shares or (iii) combine the outstanding Common Stock into a smaller number of shares, then in each such case the Adjustment Number in effect immediately prior to such event shall be adjusted by multiplying such Adjustment Number by a fraction, the numerator of which is the number of shares of Common Stock outstanding immediately after such event and the denominator of which is the number of shares of Common Stock that were outstanding immediately prior to such event.

  • Lot line adjustment means the relocation of the property boundary line in a

  • Adjustment ratio means the value of index A divided by index

  • Tax Adjustment has the meaning set forth in Section 4.7.

  • Price Adjustment means any and all price reductions, offsets, discounts, rebates, adjustments, and or refunds which accrue to or are factored into the final net cost to the hospital outpatient department or ambulatory surgical center.

  • Adjustment Period means the period from the Effective Date up to and including the Expiry Time;

  • Purchase Price Adjustment has the meaning set forth in Section 2.6.

  • Adjustment Year has the meaning ascribed to said phrase under Section 6225(d)(2) of the Code.

  • Term SOFR Adjustment means a percentage equal to 0.10% per annum.