FF&E Costs definition

FF&E Costs means the costs and expenses incurred by Tenant in purchasing any furniture, mutually acceptable equipment or other personalty for the Premises and/or the cost to move and install same in the Premises.

FF&E Costs means, collectively: (a) the costs of: (i) replacement of and/or addition to Soft Goods and Case Goods at the Mortgaged Property; (ii) signage, audio-visual equipment, kitchen appliances, carpeting and all equipment, including front desk and back-of-the-house computer equipment; (iii) maintaining, repairing, replacing existing Equipment in, acquiring new Equipment for, and making improvements to, the water park including without limitation with respect to all Water Amenities; and (b) all similar costs and expenses relating to capital maintenance and improvements as contemplated under the Uniform System of Accounts and the Management and License Agreement; provided that FF&E Costs shall not include costs of or associated with the repair or replacement or upgrade of Fixed Asset Supplies or Software unless included within FF&E or similar capital expenditure requirements under the Management and License Agreement.

FF&E Costs shall have the meaning as set forth in Section 6.3.

Examples of FF&E Costs in a sentence

• Notwithstanding anything herein to the contrary, Landlord shall not be obligated to disburse any portion of the Allowance towards the cost of the Initial Alterations, FF&E Costs, and/or Cabling Costs during the continuance of an uncured Default under the Lease, and Landlord’s obligation to disburse or apply the Allowance shall only resume when and if such Default is cured.

• Requests for applying a portion of the Leasehold Improvements Allowance toward reimbursement of FFE Costs shall be submitted in the manner set forth in Paragraph 15(b)(ii) above, with any amounts so paid to Lessee pursuant to said Paragraph 15(b)(ii) in reimbursement of FFE Costs reducing the amount of the remaining Leasehold Improvements Allowance.

• Except with respect to the foregoing FF&E Costs, Tenant shall be solely responsible for the cost and installation of all data telecom wiring, and furniture, fixtures and equipment as may be required by Tenant and in no event shall the Tenant Improvement Allowance be applied to the cost of any such items.

• If, upon the expiration of the General Allowance Availability Period, there is any balance remaining of the General Allowance which Tenant has not previously timely and properly requested in a Reimbursement/Offset Request be disbursed to reimburse Tenant for the FF&E Costs and Moving Costs, then Landlord shall apply such remaining balance of the General Allowance to the monthly installment(s) of Base Rent next due and payable under this Lease.

• In the event Tenant fails to deliver such written notice to Landlord on or before the last day of the thirty-nine (39th) full calendar months following the Commencement Date, Tenant shall waive any and all of its rights to receive such rent credit or reimbursement of FF&E Costs.

More Definitions of FF&E Costs

FF&E Costs means the acquisition and/or installation within the Premises of Tenant’s telecommunications equipment (including wiring and cabling), and furniture, fixtures, equipment, project management services, interior and/or exterior building signage, and stationery to be used or installed in the Premises.

FF&E Costs mean the actual and direct Third Party Costs of all Furniture, Fixtures and Equipment. For the purpose of determining Minimum Furniture, Fixtures, and Equipment Costs, the baseline shall be deemed to include those increases in the CPI which occurred during calendar 2015; thereafter, FF&E Costs shall be adjusted annually on January 1 of each year to reflect changes in the CPI, commencing January 1, 2016 (or, if later, that January 1 which first occurs following the increases in the CPI which occurred during calendar 2015).

FF&E Costs means, with respect to any Construction Project, the costs of acquisition and delivery of furniture, fixtures and equipment to be installed and/or used in the building and the other improvements being constructed at such Construction Project. "FF&E Costs" shall not include any Construction Costs. Fair Market Value -- at any time with respect to any Property means the sale value of such Property that would be realized in an arm's-length sale at such time between an informed and willing buyer, and an informed and willing seller, under no compulsion to buy or sell, respectively. Final Construction Cost Advance -- means, as the context may require, any one or more of the following: the Steamboat Final Construction Cost Advance, the Canyons Final Construction Cost Advance, the *Sugarbush Final Construction Cost Advance and/or the *Sugarloaf Final Construction Cost Advance.

FF&E Costs means the actual, out-of-pocket expenses incurred by Tenant to purchase and install in the Leased Premises furniture, fixtures, and equipment (including, without limitation, racking, distribution-related equipment, machinery, and assembly line equipment). However, in no event shall FF&E Costs include any costs incurred by Tenant to perform the Pit Installation Work (Tenant may apply unused portion of the Tenant Improvement Allowance to costs incurred by Tenant to perform the Pit Installation Work pursuant and subject to Section 2.07(b)(ii) below, but such costs shall not be deemed to be FF&E Costs). If Tenant elects to apply any unused portion of the Tenant Improvement Allowance to FF&E Costs, Tenant shall specify the portion of the Tenant Improvement Allowance to be so applied in the Election Notice, and the Election Notice must be accompanied by invoices from Tenant evidencing expenditure of such sums by Tenant. To the extent that any of the FF&E Costs pertain to work which could create lien rights in favor of third parties as to any portion of the Leased Premises or Building (as opposed to any of Tenant’s personal property), the Election Notice must also be accompanied lien waivers and other documents in form and substance reasonably satisfactory to Landlord which are sufficient under the laws of the State of Georgia to extinguish all such lien rights. Landlord shall reimburse Tenant for such actual, out-of-pocket expenses promptly upon receipt of the Election Notice and such materials.

FF&E Costs means, collectively, the costs of (i) replacement of and/or addition to Soft Goods and Case Goods at the Mortgaged Property, (ii) signage, audio-visual equipment, kitchen appliances, carpeting and all equipment, including front desk and back-of-the-house computer equipment and (iii) maintaining, repairing, replacing existing Equipment in, acquiring new Equipment for, and making improvements to, the water park including without limitation with respect to all Water Amenities; provided, that FF&E Costs shall not include costs of or associated with the repair or replacement or upgrade of Fixed Asset Supplies or Software.

FF&E Costs shall have the meaning given in the Project Disbursement Agreement.

FF&E Costs means all costs related to the acquisition and installation of the furniture, fixtures and equipment that are needed to achieve Final Completion and that are included in the “FF&E” Line Item (for purposes of clarification, FF&E Costs excludes any amounts set forth in the “Other FF&E” Line Item).