Financed Improvements definition

Financed Improvements means the portion of the Improvements financed or refinanced with the proceeds of the Bonds as described in the Bond Resolution and on Exhibit D.
Sample 1Sample 2Sample 3
Financed Improvements has the meaning set forth in Recital B of the Preliminary Statement to the Participation Agreement.
Sample 1Sample 2
Financed Improvements means the improvements to the Facility to be --------------------- constructed as described in the Plans and Specifications.
Sample 1

Examples of Financed Improvements in a sentence

  • Lessee hereby agrees that, subject to Section 2.3(b), delivery at the Site and payment from Advances for any portion of the Financed Improvements shall, without further act, constitute the irrevocable acceptance by Lessee of all such Financed Improvements for all purposes of this Lease and the other Operative Documents on the terms set forth herein and therein and shall constitute Lessee's agreement to lease the Leased Property pursuant to the terms hereof during the Term.

  • Lessor hereby authorizes Lessee, as the authorized representative of Lessor, to accept delivery of the Leased Property, including without limitation the Equipment and the Financed Improvements to be constructed on the Site[s], upon the Base Term Commencement Date.

  • As of the Issue Date, the Issuer has not entered into any leases of any portion of the Financed Improvements other than Qualified Use Agreements.

  • Notwithstanding anything herein to the contrary, the acceptance of the Financed Improvements for purposes of this Lease shall not constitute and shall not be deemed to be acceptance thereof under any Project Agreement.

  • A list of the assets included in the Financed Improvements and a computation of the “average reasonably expected economic life” is attached to this Tax Certificate as Exhibit D.

  • In this connection, Borrower agrees to and shall indemnify Lender from any liability, claim, or loss, together with attorneys' fees and costs, resulting from the disbursement of Loan proceeds or from the condition of the Financed Improvements, whether related to the quality of construction or otherwise, and whether arising during or after the term of the Loan.

  • Neither Borrower nor Guarantor knows of any fact or condition that could adversely affect the construction of the Financed Improvements or the operation of all Applicable Resorts in accordance with all Applicable Laws, or impede or preclude Borrower's or Guarantor's performance of its Obligations pursuant to the Loan Documents.

  • The Construction Agent shall have secured final lien releases or waivers by all contractors and all subcontractors and by materialmen and other parties who have supplied labor, materials or services for the design and construction, testing, start-up or operation of the Financed Improvements, or who otherwise might be entitled to claim a contractual or statutory lien against the Property or any part thereof.

  • Lessor hereby transfers to Lessee and assigns without warranty of any kind, during the Term, effective upon the Base Term Commencement Date and so long as no Event of Default exists, any warranties made by the Manufacturers with respect to the Equipment and each General Contractor or any other Person under the Project Agreements with respect to the Financed Improvements but excluding in each case Liquidated Damages, which will be applied pursuant to Section 5.3(d)(ii) of the Participation Agreement.

  • In particular, Lender makes no representation and assumes no obligation as to third parties concerning the quality of the construction of the Financed Improvements by any Applicable Underlying Borrower or the absence therefrom of defects.


More Definitions of Financed Improvements

Financed Improvements means all Units, Common Elements, and other buildings, structures, recreational facilities, and appurtenances thereto now located on, or to be constructed on any Mortgaged Real Property.
Sample 1
Financed Improvements means all buildings, fixtures and equipment of every kind existing at any time and from time to time constructed pursuant to the Construction Agency Agreement or purchased with amounts advanced by the Participants pursuant to the Participation Agreement on or under the Land, together with any and all appurtenances to such buildings or improvements, including sidewalks, utility pipes, conduits and lines, parking areas and roadways, including the Furniture and Equipment.
Sample 1
Financed Improvements has the meaning ascribed to such term in the Recitals. “Future Financed Improvements” has the meaning ascribed to such term in the Recitals.
Sample 1
Financed Improvements mean the improvements to the Center financed through the Obligation with IBank memorialized by the Financing Agreements.
Sample 1

Related to Financed Improvements

  • Leased Improvements shall have the meaning given such term in Section 2.1(b).

  • Leasehold Improvements means all buildings, structures, improvements and fixtures located on any Leased Real Property which are owned by any Group Company, regardless of whether title to such buildings, structures, improvements or fixtures are subject to reversion to the landlord or other third party upon the expiration or termination of the Lease for such Leased Real Property.

  • Improvements means the buildings, structures, improvements, and alterations now constructed or at any time in the future constructed or placed upon the Land, including any future replacements and additions.

  • Substitute Improvements means the substitute or additional improvements of the Issuer described in Article V hereof.

  • Building Project means the aggregate combined parcel of land on a portion of which are the improvements of which the Premises form a part, with all the improvements thereon, said improvements being a part of the block and lot for tax purposes which are applicable to the aforesaid land.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Infrastructure Improvements means a street, road, sidewalk, parking facility, pedestrian mall, alley, bridge, sewer, sewage treatment plant, property designed to reduce, eliminate, or prevent the spread of identified soil or groundwater contamination, drainage system, waterway, waterline, water storage facility, rail line, utility line or pipeline, transit-oriented development, transit-oriented property, or other similar or related structure or improvement, together with necessary easements for the structure or improvement, owned or used by a public agency or functionally connected to similar or supporting property owned or used by a public agency, or designed and dedicated to use by, for the benefit of, or for the protection of the health, welfare, or safety of the public generally, whether or not used by a single business entity, provided that any road, street, or bridge shall be continuously open to public access and that other property shall be located in public easements or rights-of-way and sized to accommodate reasonably foreseeable development of eligible property in adjoining areas. Infrastructure improvements also include 1 or more of the following whether publicly or privately owned or operated or located on public or private property:

  • Mortgaged Premises means any real property which shall now or hereafter be subject to a Notes Mortgage.

  • Home improvement means the remodeling, altering,

  • Needs Improvement the Educator’s performance on a standard or overall is below the requirements of a standard or overall, but is not considered to be unsatisfactory at this time. Improvement is necessary and expected. Unsatisfactory: the Educator’s performance on a standard or overall has not significantly improved following a rating of needs improvement, or the Educator’s performance is consistently below the requirements of a standard or overall and is considered inadequate, or both.

  • Site Improvements means any construction work on, or improvement to, streets, roads, parking facilities, sidewalks, drainage structures and utilities.

  • Minimum Improvements means the acquisition of land and construction of a 152-unit market rate residential apartment building, construction of a stormwater pond and related improvements. The Minimum Improvements are more fully depicted in Exhibit B, which is attached hereto and incorporated herein.

  • Project Improvements means site improvements and facilities that are:

  • Private Improvements means the improvements to be constructed on the Property that are not Public Improvements.

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Buildings means , and BHK Apartments having One Block of Apartments a total of apartments of different types in G+ storied Block including such other constructions and/or structures, as may be constructed on the Premises by the Builder from time to time.

  • Tenant Improvements Defined in Exhibit B, if any.

  • Public Improvements means only the following improvements: housing facilities; garbage disposal plants; rubbish disposal plants; incinerators; transportation systems, including plants, works, instrumentalities, and properties used or useful in connection with those systems; sewage disposal systems, including sanitary sewers, combined sanitary and storm sewers, plants, works, instrumentalities, and properties used or useful in connection with the collection, treatment, or disposal of sewage or industrial wastes; storm water systems, including storm sewers, plants, works, instrumentalities, and properties used or useful in connection with the collection, treatment, or disposal of storm water; water supply systems, including plants, works, instrumentalities, and properties used or useful in connection with obtaining a water supply, the treatment of water, or the distribution of water; utility systems for supplying light, heat, or power, including plants, works, instrumentalities, and properties used or useful in connection with those systems; approved cable television systems, approved cable communication systems, or telephone systems, including plants, works,

  • Public improvement costs means the costs of:

  • Plumbing fixture means a receptacle or device that is permanently or temporarily connected to the water distribution system of the premises and demands a supply of water from the system; or discharges used water, waste materials, or sewage directly or indirectly to the drainage system of the premises.

  • Mortgaged Property shall have the meaning assigned to such term in the recitals.

  • Infrastructure improvement means permanent infrastructure that is essential for the public health and safety or that:

  • Non-Public Works and Improvements means all competitively solicited procurement of Supplies and/or Services by the City not solicited as Public Works.

  • Capital Improvements mean the purchase, renovation, rehabilitation, or construction of permanent land, buildings, structures, equipment and furnishings used directly for or in the Project, and any goods or services for the Project that are purchased and capitalized under GAAP, including any organizational costs and research and development costs incurred in Illinois. Capitalized lease costs for land, buildings, structures or equipment shall be included in “Capital Improvements” only if the lease term, including any extensions or options to extend, equals or exceeds the term of this Agreement, and provided that such lease costs are valued at their present value using the corporate interest rate prevailing at the time the Company filed its Application with the Department.

  • The Works/Project means the works to be executed or done under this contract.

  • Alterations means all changes, additions, improvements or repairs to, all alterations, reconstructions, renewals, replacements or removals of and all substitutions or replacements for any of the Improvements or Equipment, both interior and exterior, structural and non-structural, and ordinary and extraordinary.