Improvements Pertaining to the Realty definition

Improvements Pertaining to the Realty means machinery or equipment installed for use on the property that cannot be removed without a substantial economic loss or without substantial damage to the property on which it is installed, regardless of the method of installation. In determining whether particular property can be removed "without a substantial economic loss," the value of the machinery or equipment in place and considered as part of the realty should be compared with its value if it were removed and sold.
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Improvements Pertaining to the Realty means machinery or equipment installed for use on the Property that cannot be removed without a substantial economic loss or without substantial damage to the property on which it is installed, regardless of the method of installation. In determining whether particular property can be removed "without a substantial economic loss," the value of the property in place considered as part of the realty should be compared with its value if it were removed and sold.
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Examples of Improvements Pertaining to the Realty in a sentence

  • Escrow Agent is hereby authorized to disburse the sum of $136,050 to Lessee, at the close of escrow, when Escrow is in receipt of a duly executed Quitclaim Deed, in favor of Buyer, in a form satisfactory to Buyer, quitclaiming all Lessee’s right, title and interest in and to the Lease and the Property (including the Improvements Pertaining to the Realty identified in Exhibit C attached hereto) and a demand in the amount of $136,050 for the use, and recording if appropriate, of said Quitclaim Deed.

Related to Improvements Pertaining to the Realty

  • The Project means supply, installation, testing and commissioning, integration of computer hardware and services with support under Warranty and annual maintenance contract, if required for the contract period.

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

  • General Conditions Cost means costs incurred and minor work performed by Contractor without the need for competitive bids/proposals. The allowable General Conditions items are limited in Paragraph 11.1 and are further described on Exhibit “D”. The maximum allowable General Conditions Cost payable to Contractor during the Construction Phase of the Project is set out in Exhibit “A” attached to this Agreement.

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