Initial Capital Improvements definition

Initial Capital Improvements shall have the meaning assigned to such term in Section 3.2 of the Trust Agreement.
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Initial Capital Improvements. As defined in Basic Lease Provisions. ---------------------------- Inventory: As defined in the Joint Venture Agreement. ---------
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Initial Capital Improvements means capital expenditures ---------------------------- with respect to the Property funded in part with the proceeds of this Note.
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Examples of Initial Capital Improvements in a sentence

  • Except to the extent of any credit to Base Rent received by Redeveloper, the entire cost of constructing the Initial Capital Improvements shall be borne by Redeveloper.

  • If Tenant desires ---------------------- either to eliminate any projects included in the Initial Capital Improvements or to add new projects to the Initial Capital Improvements, Landlord's prior written approval shall be required, which approval shall not be unreasonably withheld provided that such change will not cause the Budget to exceed the total amount set forth in Exhibit L attached hereto.

  • The proceeds of the Loan shall be --------------- available (and Borrower agrees that it shall use such proceeds) solely to (i) repay its outstanding indebtedness to NationsCredit and (ii) to make a dividend or intercompany loan to Senior Tour, provided, however, that Borrower may use the proceeds of the Capital Improvements Advance to finance up to 50% of the cost of the Initial Capital Improvements.

  • Tenant's Share of the Initial Capital Improvements costs shall include a construction management fee payable to Landlord equal to two and 5/10ths percent (2.5%) of the total cost of the Initial Capital Improvements and Tenant's Share of the Deferred Capital Improvement Costs shall include a construction management fee payable to Landlord equal to two and 5/10ths percent (2.5%) of the total cost of the Deferred Capital Improvements.

  • Tenant shall pay Tenant's Share of the Initial Capital Improvements Costs and Tenant's Share of the Deferred Capital Improvements Costs to Landlord on a progress payment basis, within ten (10) business days after Tenant's receipt of an itemized invoice from Landlord indicating the Capital Improvement costs to be paid.

  • Notwithstanding the foregoing, Landlord's approval shall not be required to re-allocate any cost savings from any one project or line item of the Initial Capital Improvements to another project or line item of the Initial Capital Improvements where there may be cost overruns, provided that the total amount set forth on Exhibit L attached hereto shall --------- not be exceeded and provided that Tenant gives landlord written notice of such re-allocation.

  • For the purposes of this Lease, "substantial completion" shall mean that the Initial Capital Improvements and the Tenant Improvements have been completed in accordance with the Final Plans and Specifications approved by Landlord and Tenant, subject only to minor punch-list items, and the City of Redwood City has issued a final building inspection approval for such Improvements.

  • The Initial Capital Improvements and the Deferred Capital Improvements shall be referred to collectively herein as the "Capital Improvements." The cost of the Initial Capital Improvements, up to a maximum cost of $2,145,400.00, shall be paid by Tenant ("Tenant's Share of Initial Capital Improvements Costs"); any Initial Capital Improvements costs in excess of$2,145,400.00 shall be paid by Landlord without reimbursement by Tenant.

  • Tenant agrees that if Landlord, for any reason whatsoever, is unable to substantially complete the Initial Capital Improvements and the Tenant Improvements on or before May 1, 1996, Landlord shall not be liable to Tenant for any loss or damage therefrom, nor shall this Lease be void or voidable.

  • If, however, Tenant elects to defer construction of the Deferred Capital Improvements until after the date of substantial completion of the Initial Capital Improvements and the Tenant Improvements, any Deferred Capital Improvements costs in excess of $353,100.00 shall also be paid by Tenant.


More Definitions of Initial Capital Improvements

Initial Capital Improvements has the meaning set forth in the Recitals. ----------------------------
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Initial Capital Improvements means the Capital Improvements undertaken by Operator or its Sublessees, if any, to Build-out a Concession Location prior to its Facility Opening Date.
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Initial Capital Improvements or "ICI" means the improvements to the Plant described in Appendix 2 to be permitted, designed, constructed, installed, started up and tested by the Company in accordance with the ICI Design and C onstruction R equirements.
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Initial Capital Improvements or "ICI" means the improvem ents to the Incineration Facilities described in Appendix 2 to be perm itted (except for the State air permit to construct the fluidized bed incinerator portion of the Initial Capital Improvements), designed, constructed, installed, started up and tested by the Lessee in accordance with the ICI Design and Construction Requirem ents.
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Related to Initial Capital Improvements

  • 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.

  • 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.

  • 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.

  • Specialty Alterations means Alterations consisting of kitchens, executive bathrooms, raised computer floors, computer installations, vaults, libraries, internal staircases, dumbwaiters, pneumatic tubes, vertical and horizontal transportation systems, and other Alterations of a similar character.

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

  • Tenant Improvements Defined in Exhibit B, if any.

  • 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.

  • 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:

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

  • Project Improvements means site improvements and facilities that are:

  • Cost of Capital Improvement Projects means the costs of acquiring, constructing, reconstructing, expanding, improving and engineering Capital Improvement Projects, and related financing costs.

  • 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.

  • Major Alteration means change other than repair or replacement of building materials or equipment with materials and equipment of a similar type.

  • Excavation work means the making of any man-made cavity, trench, pit or depression formed by cutting, digging or scooping;

  • 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.

  • Expansion Capital Expenditures means cash expenditures for Acquisitions or Capital Improvements. Expansion Capital Expenditures shall include interest (including periodic net payments under related interest rate swap agreements) and related fees paid during the Construction Period on Construction Debt. Where cash expenditures are made in part for Expansion Capital Expenditures and in part for other purposes, the General Partner shall determine the allocation between the amounts paid for each.

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

  • Home improvement means the remodeling, altering,

  • Improvement Fund means the Improvement Fund for General Obligation Temporary Notes, Series 2017-1 created pursuant to Section 501 hereof.

  • Building Common Areas means with respect to the Tower, the areas, facilities and amenities specified in Schedule [E] which are to be used and enjoyed in common with all the other Apartment Acquirers of the Units in the Building; and

  • Redevelopment project means any work or undertaking

  • 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.

  • Joint Improvements means Improvements the inventors of which are jointly (a) employees of, or others obligated to assign inventions to, ImmunoGen or any Affiliate of ImmunoGen, and (b) employees of, or others obligated to assign inventions to, Lilly or any Affiliate of Lilly.

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

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

  • Building, structure, facility, or installation means all of the pollutant-emitting activities which belong to the same industrial grouping, are located on one or more contiguous or adjacent properties, and are under the control of the same person (or persons under common control) except the activities of any vessel. Pollutant-emitting activities shall be considered as part of the same industrial grouping if they belong to the same major group (i.e., which have the same two-digit code) as described in the Standard Industrial Classification Manual, 1972, as amended by the 1977 Supplement (U.S. Government Printing Office stock numbers 4101-0066 and 003-005-00176-0, respectively).