Initial Leasehold Improvements definition

Initial Leasehold Improvements has the meaning set forth in Section 7.01(A).
Sample 1Sample 2Sample 3
Initial Leasehold Improvements means the initial alterations and additions which Tenant is undertaking pursuant to the Work Letter. “Initial Term” - See Exhibit A.
Sample 1Sample 2Sample 3
Initial Leasehold Improvements shall include (a) with respect to the Initial Office Space and the Storage Space, any and all improvements and tenant finish existing in the Initial Office Space and the Storage Space as of the Commencement Date, including all leasehold improvements, if any, as defined and described in Exhibit B attached to the Lease, as well as any and all Alterations (as defined below) and subsequent improvements made to the Initial Office Space and the Storage Space during the term of the Lease and (b) with respect to the Additional Office Space, any and all improvements and tenant finish existing in the Additional Office Space as of the Commencement Date, including all leasehold improvements, if any, as defined and described in EXHIBIT B attached hereto, as well as any and all Alterations (as defined below) and subsequent improvements made to the Additional Office Space during the term of the Lease.
Sample 1Sample 2

Examples of Initial Leasehold Improvements in a sentence

  • Within three (3) days after any written request submitted from time to time by Tenant or its architects, engineers, or other consultants, Landlord shall furnish any plans, specifications, drawings, samples, or other materials or information within Landlord's possession reasonably related to the design and construction of the Initial Leasehold Improvements.

  • Tenant and Landlord shall furnish the other party with a written list of such party's authorized construction representative for the Initial Leasehold Improvements.

  • Tenant's Construction Costs" means the total amount actually paid by Landlord under the Construction Contract(s) for the Initial Leasehold Improvements, including labor, material, and fees, and as increased or decreased pursuant to any change order executed by Landlord and Tenant in accordance with the provisions of this EXHIBIT B.

  • All plans and specifications relating to the Initial Leasehold Improvements shall be prepared by architects and engineers selected and employed by Tenant and approved by Landlord.

  • Only the authorized construction representative so designated is authorized to sign any change order, disbursement request for any Allowance, receipt, or other document on behalf of such party related to the Initial Leasehold Improvements, and without the signature of such an authorized construction representative, no such document shall be binding upon the respective party.

  • Landlord shall be solely responsible for all payments and other liabilities or obligations to, and any liens or claims asserted by, contractors or other persons employed by Landlord in connection with the Initial Leasehold Improvements.

  • Landlord represents and warrants that there are no restrictions affecting the Building which are applicable to the construction and installation of the Initial Leasehold Improvements.

  • Tenant may employ other consultants of its selection to assist with the design and construction of the Initial Leasehold Improvements, Tenant's architects, engineers, and other consultants shall be afforded access to all work in progress at the Building or in the Additional Office Space.

  • Landlord shall be responsible for the costs to rectify any failure of the base Building (including, without limitation, the bathrooms on the 15th floor of the Building), Base Building systems (including elevators and elevator buttons), or "shell," portions of the Additional Office Space (as opposed to the Initial Leasehold Improvements, either those existing or to be installed by Landlord) to comply with applicable governmental laws, regulations, codes and ordinances in effect on the Effective Date.

  • Tenant shall have prepared and submit to Landlord for approval a set of preliminary plans (the "Proposed Space Plans") in the form of a schematic design providing a conceptual layout and description of the Initial Leasehold Improvements.


More Definitions of Initial Leasehold Improvements

Initial Leasehold Improvements means the leasehold improvements that the Landlord and the Tenant have agreed that the Landlord will carry out in respect of the Premises pursuant to the Working Drawings and excludes, for greater certainty, any of the Tenant’s Work;
Sample 1
Initial Leasehold Improvements means the work that Tenant caused to be performed within the Premises prior to the expiration of thirty (30) days following the Commencement Date and/or any additional alterations performed by Tenant within the Premises for which Tenant intends to apply the Tenant Allowance towards the payment thereof, in all such instances to be performed pursuant to the Plans to be first approved by Landlord.
Sample 1
Initial Leasehold Improvements shall include any and all improvements and tenant finish existing in the Leased Premises as of the Commencement Date, including all leasehold improvements, if any, as defined and described in EXHIBIT B attached hereto, as well as any and all Alterations (as defined below) and subsequent improvements made to the Leased Premises during the term of this Lease. Notwithstanding any other provision of this Lease, in no event shall Landlord be required, nor shall Tenant be permitted, to install in the Leased Premises any improvements which are not first approved by Landlord or Landlord's architect. Landlord's approval of Tenant's plans and specifications for any of Tenant's requested leasehold improvements shall create no responsibility or liability on the part of Landlord for, or warranty by Landlord with respect to, the completeness or design sufficiency of such plans and specifications or the compliance with any Laws applicable thereto. Tenant acknowledges that no representations as to the repair of the Leased Premises or the Project, nor promises to alter, remodel or improve the Leased Premises or the Project, have been made by Landlord, except as are expressly set forth in this Lease.
Sample 1
Initial Leasehold Improvements means the initial leasehold improvements aspects of the Improvements.
Sample 1

Related to Initial Leasehold Improvements

  • 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.

  • Tenant Improvements Defined in Exhibit B, if any.

  • Landlord Work means the work, if any, that Landlord is obligated to perform in the Premises pursuant to a separate agreement (the “Work Letter”), if any, attached to this Lease as Exhibit C.

  • Landlord’s Work means the work of constructing the Tenant Improvements.

  • 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.

  • Project Improvements means site improvements and facilities that are:

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

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

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

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

  • 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).

  • Tenant Work All work installed or furnished to the Premises by Tenant in connection with Tenant’s initial occupancy pursuant to Rider 2 and the Workletter.

  • Tenant’s Work means all improvements, alterations, fixture, equipment, and signage installation, and furniture placement necessary or appropriate for the conduct of the Permitted Use, including all work described as Tenant’s Work on Exhibit D, attached (the “Work Letter”).

  • 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,

  • 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.

  • Expansion Space means any space in the Building which, at any time during the Lease Term, is occupied by a Person other than Landlord under a written lease with Landlord, and the term “Tenant’s Expansion Space” means Expansion Space which Tenant has elected to lease as provided in this paragraph. Landlord agrees to notify Tenant promptly after Landlord learns that any Expansion Space is or will become available. Subject to the prior rights of other tenants to whom Landlord has granted substantially similar rights, Tenant has the option to lease any Expansion Space which Landlord notifies Tenant is or will become available. If Tenant gives Landlord notice of its exercise of this option within thirty (30) days after notification from Landlord of the availability of the Expansion Space and if no Event of Default exists when Tenant’s notice is given, this Lease will be deemed to be amended to include Tenant’s Expansion Space as part of the Premises for the remainder of the Lease Term upon all of the same terms contained in this Lease except that (i) the Rentable Area of the Premises will be amended to include Tenant’s Expansion Space; (ii) Tenant’s Share will be increased to include the rentable area of Tenant’s Expansion Space; (iii) the Term Commencement Date with respect to Tenant’s Expansion Space will be the earlier of sixty (60) days after the date on which Tenant’s Expansion Space becomes vacant and ready for occupancy (provided that date is at least sixty (60) days after Tenant exercises its option to lease the Expansion Space), or the date on which the Expansion Space is first occupied by Tenant; (iv) if Tenant’s Expansion Space contains a rentable area of 10,000 square feet or more, and if there are less than three (3) Lease Years remaining in the Lease Term, the Lease Term will be extended to include three (3) full years from the Term Commencement Date with respect to Tenant’s Expansion Space; and (v) subject to adjustment during each Fixed Rental Period as provided in Exhibit E, Basic Rent for each year of the remaining Lease Term (as it may be extended) will be the greater of (a) the Basic Rent last paid by the Person most recently occupying Tenant’s Expansion Space or (b) Market Rent determined as provided in the Rent Rider attached as Exhibit E. If Tenant exercises this option, Tenant’s Expansion Space will be leased to Tenant in its “as is” condition and Tenant will, at its expense and in compliance with the provisions of Section 7.06, design and construct all Improvements desired by Tenant for its use and occupancy. Landlord and Tenant agree to execute such amendments to this Lease and other instruments as either of them considers necessary or desirable to reflect Tenant’s exercise of this option.

  • Expansion Project has the meaning set forth in Section IV.3.a of this Agreement.

  • Customer Premises Equipment or "CPE" means equipment employed on the premises of a Person other than a Carrier to originate, route or terminate Telecommunications (e.g., a telephone, PBX, modem pool, etc.).

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • 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.

  • 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).

  • Tenant’s Property means Removable Installations and, other than Installations, any personal property or equipment of Tenant that may be removed without material damage to the Premises, and (z) “Installations” means all property of any kind paid for by Landlord, all Alterations, all fixtures, and all partitions, hardware, built-in machinery, built-in casework and cabinets and other similar additions, equipment, property and improvements built into the Premises so as to become an integral part of the Premises, including, without limitation, fume hoods which penetrate the roof or plenum area, built-in cold rooms, built-in warm rooms, walk-in cold rooms, walk-in warm rooms, deionized water systems, glass washing equipment, autoclaves, chillers, built-in plumbing, electrical and mechanical equipment and systems, and any power generator and transfer switch.