Insurable Improvements definition

Insurable Improvements means the “Building” as defined in Article 1.7 of this Declaration, less upgrades or additions by Unit Owners (or their predecessors in title) and those portions of the Condominium Property required by the Act to be insured by the Association.
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Insurable Improvements means those portions of the Condominium Property
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Insurable Improvements means the “Building” as defined in Article 1 of this Declaration.
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Examples of Insurable Improvements in a sentence

  • Supports the principle of due process and equal treatment under the law.

  • The Association shall determine the replacement value of the Insurable Improvements through independent appraisal, at least every 36 months, so long as required by the Act.


More Definitions of Insurable Improvements

Insurable Improvements means the ‘‘Buildings’’ as defined in this Declaration, other than upgrades or additions by Unit Owners (or their predecessors in title), and those portions of the Condominium Property required by the Act to be insured by the Association. If a Unit Owner has replaced any glass with impact glass which meets the applicable code at the time of such replacement, such glass and its related framework shall be considered part of the Insurable Improvements, unless prohibited by law.
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Insurable Improvements means those portions of the Condominium Property required by the Act to be insured by the Association. Whenever a portion of the Condominium Property insured by the Association is replaced by the Association or a Unit Owner with installations intended to comply with then current codes or safety standards, such replacements shall be considered of like kind and quality and the continuing insuring responsibility of the Association. Notwithstanding any interpretation of a provision of the Condominium Documents to the contrary, it is the intention of this Declaration that all Insurable Improvements shall be insured by the Association.
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Insurable Improvements means those portions of the Condominium Property required by the Act to be insured by the Association. Whenever a portion of the
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Related to Insurable Improvements

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

  • Project Improvements means site improvements and facilities that are:

  • 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.

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.