Expansion Work definition

Expansion Work means the engineering, design, procurement, construction, installation, startup and testing associated with the Expansion.

Expansion Work. Is defined in Article 46 hereof.

Expansion Work is all work to improve the Expansion Space in the same manner, and to the same level of fit and finish, as the Existing Space was improved before Tenant's occupancy, including partition walls with an appropriate finish, carpeting, ceiling lights and ceiling tiles, utility systems and fixtures, and other office fixtures. Whoever does the Expansion Work shall do it promptly and in a good and workmanlike manner. If Tenant does the Expansion Work, then Tenant may deduct from the rent otherwise due and payable that monthly amount, not to exceed the additional rent due for the Expansion Space, that will repay Tenant its reasonable costs for the Expansion Work, plus interest at 8% a year on the unrecovered balance, taking into account only the after-tax savings to Tenant from the rent reductions. For example, if the additional rent payable for the Expansion Space were $9,000 a month, and if state and Federal taxes combined amounted to 40% of Tenant's income, then Tenant's after-tax savings for a rent reduction in the full amount of $9,000/mo. would amount to $5,400. If Tenant's costs to do the Expansion Work were $110,000, and if interest over the rent deduction period were about $20,000, then Tenant could deduct the full $9,000/mo for 24 months ($5,400 X 24 = $129,600 = $110,000 + $19,600)

Examples of Expansion Work in a sentence

• The Registrar, Gujarat University invites bids with two bid system for the providing of Expansion Work -detailed in the table below from the bidders having experience for similar type of works, registered in R&B / State Government / Central Government in appropriate class and meeting the qualifying criteria specified.

• The Registrar, Gujarat University invites bids with two bid system for the providing of Expansion Work - detailed in the table below from the bidders having experience for similar type of works, registered in R&B / State Government / Central Government in appropriate class and meeting the qualifying criteria specified.

• This Expansion Work Letter shall not apply to any space other than the Premises.

• Landlord shall perform improvements to the Expansion Space in accordance with the Expansion Work Letter attached hereto as Exhibit B.

• The EBL was accepted by the Mining Judge of Salta after being examined by environmental technicians of the Secretariat of Mining and the Provincial Secretariat of Environment.

More Definitions of Expansion Work

Expansion Work means all activities directed toward the expansion of the area of the Property, provided that the Parties, each acting reasonably, agree in writing to such activities;

Expansion Work. As defined in the Supplementary Work Letter. EXTENSION TERM. As defined in Paragraph 3(b) below.

Expansion Work. (as defined in the Supplementary Work Letter) shall be deemed to be part of "Lessee's Work" as that term is used in the Lease. Lessor shall have no obligation to (x) prepare any Working Drawings, (y) perform any work, or (z) make any contribution to Lessee, in connection with the design or construction by Lessee of the Expansion Work. All of the Expansion Work shall be finally completed by January 1, 1999, subject to the provisions of Section 24.0 (Force Majeure) of the Lease.

Expansion Work. As defined in Section 11.2 herein.

Expansion Work means the construction work to add fifty-four (54) assisted living units to Carriage Club Charlotte, convert thirty (30) assisted living units in Carriage Club Charlotte to forty-two (42) skilled nursing beds, and add thirty-eight (38) independent living villas to Carriage Club Jacksonville.

Expansion Work means construction of the Expansion Wing (including the Expansion Premises) and related improvements, including, but not limited to, landscaping; construction and installation of drives, driveways, and other site improvements; and the provision of any additional parking facilities.

Expansion Work means any Lafayette Factory Expansion Work (as defined below) and/or any Additional Improvements Expansion Work (as defined below), as applicable.