Building renewal definition

Building renewal means major activities that involve the repair
View Source
Building renewal means major activities that involve the repair or reworking of a building and the supporting infrastructure that will result in maintaining a building's expected useful life. Building renewal does not include new building additions, new infrastructure additions, landscaping and area beautification, routine maintenance or demolition and removal of a building.
View Source

Examples of Building renewal in a sentence

  • Nothing in this Article 31 is intended to preclude or limit Landlord’s right to grant tenants of all or any portion of a New Building renewal or extension rights which shall have priority over the rights of Tenant under the Lease (as amended by the Third Amendment) except that Landlord shall not grant any rights of first offer for space not leased by such tenants that conflict with or reduce Tenants rights of first offer contained herein, except as set forth in subsection 31.1(b)(ii) and (iii) above.

  • Nothing in this Article 30 is intended to preclude or limit Landlord’s right to grant tenants of all or any portion of space in the Building renewal or extension rights in accordance with Section 30.1 which shall have priority over the rights of Tenant under this Lease.