Capital Improvements and Replacements definition

Capital Improvements and Replacements means a capital expenditure, as defined under GAAP, for a modification, refurbishment, alteration, addition, improvement or renovation to any portion of the Property, including the Furniture, Fixtures and Equipment.
View Source

Examples of Capital Improvements and Replacements in a sentence

  • All such Capital Improvements and Replacements approved by Owner shall, to the extent reasonably feasible, be made in a manner that does not unreasonably interfere with Manager’s operation of the Managed Properties in compliance with the Operating Standards and which will minimize any adverse impact on the normal operation of the Managed Properties.

  • The cost of Capital Improvements and Replacements (other than as described in this Section 7.1), either to the Property or their Furniture, Fixtures and Equipment, shall be paid for in the manner described in Section 7.2.

  • The cost of Capital Improvements and Replacements (other than as described in this Section 7.1), either to the Managed Properties or their Furniture, Fixtures and Equipment, shall be paid for in the manner described in Section 7.2.

  • All Capital Improvements and Replacements approved by the Executive Committee shall be made at the sole cost and expense of the Company (subject to the budget therefor) and to the extent reasonably feasible in a manner that will minimize any adverse impact on the normal operation of the Project.

  • All such Capital Improvements and Replacements approved by Owner shall, to the extent reasonably feasible, be made in a manner that does not unreasonably interfere with Manager’s operation of the Property in compliance with the Operating Standard and which will minimize any adverse impact on the normal operation of the Property.

  • The District may, at its own expense, make alterations and provide Capital Improvements and Replacements in the CMSD Leased Facilities; provided such alterations or Capital Improvements and Replacements may be made only with the prior written consent of CSU; and provided further that CSU may require the District to restore the CMSD Leased Facilities to their original condition upon the termination of this Agreement.

  • The District may, at its own expense, make alterations and provide Capital Improvements and Replacements in the CF; provided such alterations or Capital Improvements and Replacements may be made only with the prior written consent of METRO; and provided further that METRO may require the District to restore the CF to its original condition upon the termination of this Agreement.

  • The cost of Capital Improvements and Replacements (other than as described in this Section 7.1), either to the Properties or their Furniture, Fixtures and Equipment, shall be paid for in the manner described in Section 7.2.

  • The BGCC may, at its own expense, make alterations and provide Capital Improvements and Replacements in ET as described on the Exhibit attached hereto and may make other alterations or Capital Improvements and Replacements may be made only with the prior written consent of the Chief Operations Officers; The space will be left in good operating order as mutually agreed to by The School District and BGCC.

  • If the Executive Committee approves such Capital Improvements and Replacements (including a budget therefor), the Manager shall use commercially reasonable efforts to cause the installation thereof.