Fixed Improvement definition

Fixed Improvement means any alteration, addition, annexation or improvement to the Premises or a portion thereof that cannot be removed or changed without material damage to, or destruction of, either itself or the Premises or a portion thereof.
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Fixed Improvement means all buildings and other structures erected on the Premises, all fencing, grading and surfacing with stone and/or hardtop, all underground and overhead wires, cables, pipes, conduits, tanks and drains, and all property of every kind and nature, excluding Trade Fixtures (as herein defined), which are so attached to any building or structure on the Premises that same may not be removed without material injury to said property or to the building or structure to which same shall be attached.
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Examples of Fixed Improvement in a sentence

  • The Authority shall not be responsible for the buy-out of any improvements of the Operating Facilities made by the Contractor under this Contract or any buyout of unamortized Fixed Improvement amounts made prior to the commencement of this Contract nor shall any provision be made under this Contract for the buyout of such Fixed Improvements by another party should the Contractor not succeed itself in the operation of its Site after the expiration of this Contract.

  • For purposes of calculating the Fixed Improvement purchase price, the Fixed Improvements shall be amortized on a straight-line basis over the number of months remaining in the current Contract at the time the Fixed Improvements were completed.

  • Lessee shall not demolish or remove, in whole or in part, any Fixed Improvement on the Premises without the prior written consent of the Authority.

  • Investment in Fixed Improvements to the Premises made by the Contractor during the first five years of the Operating Period shall be depreciated on a straight-line basis from the date of completion of the Fixed Improvement.

  • Any Trade Fixture, Fixed Improvement, or Personal Property remaining in the Temporary Assigned Premises after such time shall be removed and disposed of by the Board.

  • Within thirty (30) days after the Authority’s approval of each completed Fixed Improvement, the Contractor shall submit a certified statement of the Fixed Improvement costs to the Authority.

  • At the sole option of the Board, all Fixed Improvements shall become the property of the Board upon surrender of the Assigned Premises by the Concessionaire for whatever reason, however, the Board may require Concessionaire to remove its Fixed Improvement (including Trade Fixtures and Personal Property) prior to surrender of the Assigned Premises.

  • The Lessee will give the Lessor not less than fifteen Working Days’ notice before it removes or demolishes any Fixed Improvement.

  • If the Contractor is developing a new facility or modifies its current facility, the Fixed Improvement investment amount subject to buy-out and amortization schedule shall be set forth in an Amendment to this Contract.

  • The Contractor’s original date of completion of its facility was , and the total Fixed Improvement Investment amount is with a buy-out as of that date of completion and beneficial occupancy of ($ ).

Related to Fixed Improvement

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

  • 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.

  • Home improvement means the remodeling, altering,

  • Leasehold Improvements means all buildings, structures, improvements and fixtures located on any Leased Real Property which are owned by Company or any Company Subsidiary, 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.

  • Capital Improvement or "Capital Improvement Project" means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities of Local Subdivisions, including real property, interests in real property, and facilities and equipment of Local Subdivisions related or incidental thereto.

  • Tenant Improvement Work means the construction of the Tenant Improvements, together with any related work (including demolition) that is necessary to construct the Tenant Improvements.

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

  • Tenant Improvements Defined in Exhibit B, if any.

  • 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 64-unit market rate residential apartment building and related improvements. The Minimum Improvements are more fully depicted in Exhibit B, which is attached hereto and incorporated herein.

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • Building Work has the meaning given to it in section 6 of the Building and Construction Industry (Improving Productivity) Act 2016 (Cth);

  • Base Building Work means the base building work for the Building as described in this Manual.

  • Substantial improvement means any combination of repairs, reconstruction, rehabilitation, addition, or other improvement of a structure, taking place during any one-year period for which the cost equals or exceeds 50 percent of the market value of the structure before the “start of construction” of the improvement. This term includes structures which have incurred “substantial damage”, regardless of the actual repair work performed. The term does not, however, include either:

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

  • mixed-use building means a building or structure containing a residential and non- residential use other than a home occupation;

  • Maximum medical improvement means that no further material improvement would reasonably be expected from medical treatment or the passage of time;

  • Base Building shall include the structural portions of the Building, the public restrooms and the Building mechanical, electrical and plumbing systems and equipment located in the internal core of the Building on the floor or floors on which the Premises are located. Tenant shall promptly provide Landlord with copies of any notices it receives regarding an alleged violation of Law. Tenant shall comply with the rules and regulations of the Building attached as Exhibit E and such other reasonable rules and regulations adopted by Landlord from time to time, including rules and regulations for the performance of Alterations (defined in Section 9).

  • 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.

  • Quality Improvement means a focus on activities to improve performance above minimum standards and reasonably expected levels of performance, quality and practice.

  • Utility Installation means carpeting, window and wall coverings, power panels, electrical distribution systems, lighting fixtures, air conditioning, plumbing, and telephone and telecommunication wiring and equipment. At the expiration of the term, Lessor may require the removal of any or all of said alterations, improvements, additions or Utility Installations, and the restoration of the Premises and the Office Building Project to their prior condition, at Lessee's expense. Should Lessor permit Lessee to make its own alterations, improvements, additions or Utility Installations, Lessee shall use only such contractor as has been expressly approved by Lessor, and Lessor may require Lessee to provide Lessor, at Lessee's sole cost and expense, a lien and completion bond in an amount equal to one and one-half times the estimated cost of such improvements, to insure Lessor against any liability for mechanic's and materialmen's liens and to insure completion of the work. Should Lessee make any alterations, improvements, additions or Utility Installations without the prior approval of Lessor, or use a contractor not expressly approved by Lessor, Lessor may, at any time during the term of this Lease, require that Lessee remove any part or all of the same.

  • Improvements shall have the meaning set forth in the granting clause of the Mortgage.

  • Licensee Improvements means Improvements created, conceived, or reduced to practice by or for Licensee.

  • Premises Building Total Destruction means if the Building of which the Premises are a part is damaged or destroyed to the extent that the cost to repair is fifty percent (50%) or more of the then Replacement Cost of the Building.

  • 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.

  • Improvement Plan means the plan required by the Authority from the Supplier which shall detail how the Supplier will improve the provision of the Goods and/or Services pursuant to Clause 29.1.1 (Authority Remedies);