Capital Improvement Reserve shall have the meaning as set forth in Section 8.02A.

Capital Improvement Reserve. As defined in Section 9.1(e).

Capital Improvement Reserve has the meaning set forth in Section 6.5.

Examples of Capital Improvement Reserve in a sentence

Any interest earned in said account attributable to funds deposited pursuant to this Agreement shall be added to such Capital Improvement Reserve, thereby reducing the amount required to be placed in the account from Gross Revenues.
Calculations and payments from the Capital Improvement Reserve made with respect to each Accounting Period shall be accounted for cumulatively for each Fiscal Year.
All payments from the Capital Improvement Reserve shall be reserved and paid from Gross Revenues.
Any proceeds from the sale of the Premises’ FF&E no longer necessary to the operations of the Premises shall also be credited to the Capital Improvement Reserve.
At the end of each Fiscal Year any amount remaining in the Capital Improvement Reserve in excess of the amounts unspent but contemplated to be spent pursuant to the Capital Improvement Budget for such Fiscal Year or as otherwise approved by Lessee and Landlord may be withdrawn by the Lessee on behalf of Landlord.

More Definitions of Capital Improvement Reserve

Capital Improvement Reserve. SUB-ACCOUNT" as defined in Section 2.1(c).

Capital Improvement Reserve means $0.25 per annum per square foot of mall store gross leaseable area in the Real Properties and in that portion of real property owned by Minority Holdings allocable, on a pro rata basis, to the Borrower or any of its Subsidiaries.

Capital Improvement Reserve. (a) $0.25 per annum per square foot of mall store gross leasable area in Real Property and (b) $0.30 per annum per square foot of office gross leasable area in Real Property, in each case, owned by any Consolidated Entity, and in that portion of real property owned by Minority Holdings allocable, on a pro rata basis, to Holdings or any Consolidated Entity.

Capital Improvement Reserve means, for any period, a reserve for ----------------------------- Capital Expenditures in an amount equal to the product obtained by multiplying $.30 times the weighted average square feet of all Unencumbered Property owned by Borrower and its Subsidiaries during such period.

Capital Improvement Reserve. With respect to an Unencumbered Operating Property or any other improved Real Estate, a reserve in the amount of ten cents ($0.10) per annum multiplied by the average Net Rentable Area contained therein.

Capital Improvement Reserve means, for any period, an amount equal to thirty cents ($0.30) multiplied by the weighted average of rentable square footage of Real Estate owned by the Borrower and its Subsidiaries during such period.

Capital Improvement Reserve means as to any Person for any period, an amount equal to fifteen cents ($0.15) multiplied by the weighted average of rentable square footage of Real Estate owned by such Person and its Subsidiaries during such period.