Mandatory Removal Items definition

Mandatory Removal Items means the following: (a) any Alterations or Tenant Improvements which affect the Base Building, (b) any other items, improvements or fixtures which Tenant is expressly required to remove pursuant to the terms of this Lease, (c) any Alterations or improvements located outside of the Premises, (d) any improvements or signage incorporating Tenant's name or logo, (e) safes and vaults, and (f) any alteration, improvement or equipment not complying with Applicable Laws, all of which in all cases Tenant shall be required to remove, and to restore the Premises or Project, as applicable, to their previous condition.
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Mandatory Removal Items means: (i) any
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Mandatory Removal Items means each of the following: (i) delinquent taxes or assessments, (ii) any deed of trust, mortgage or other lien or monetary encumbrance affecting the Property or any part thereof and created by, through, or under Seller, (iii) any lis pendens or other form of attachment against any portion of the Property, (iv) any lien, or right to a lien, for services, labor or material heretofore or hereafter furnished to the Seller on the Property, imposed by law and not shown by the Public Records.
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Examples of Mandatory Removal Items in a sentence

  • The acid formed was worked up as in the case of octahydrocolumbic acid.

  • Within three (3) business days of receipt of a Supplement Title Notice, Seller shall deliver written notice to Purchaser and Escrow Agent identifying which disapproved exceptions (other than Mandatory Removal Items) Seller shall undertake to cure or not cure (“Seller’s Supplement Response”).

  • Other than with respect to the removal of Mandatory Removal Items or any encumbrance caused by Seller in violation of the terms of this Agreement, in no event shall Seller be obligated to pay or expend a maximum of Five Hundred Thousand and 00/100 U.S. Dollars (US$500,000.00) (the "Maximum Title Expenditure") to cure any defects to the title raised by Purchaser and not otherwise a Permitted Exception under this Agreement.

  • For avoidance of doubt, Landlord shall have the right, but not the obligation, to require removal of Mandatory Removal Items (and in no event shall Tenant be permitted to remove any Alterations other than Mandatory Removal Items unless such removal is required by Landlord in writing), provided Xxxxxxxx gives notice to Tenant of the requirement to remove such Mandatory Removal Items at least forty five (45) days prior to the scheduled expiration of the Lease Term.

  • Notwithstanding the foregoing, in addition to Mandatory Removal Items, Landlord may, by written notice to Tenant, concurrently with Landlord's review and approval of Tenant's plans and specifications, require Tenant, at Tenant's expense, to remove any Specialty Improvements, in which event Tenant shall be required to remove the same in accordance with the TCCs of Section 15.2 below.

  • Notwithstanding the foregoing, if at any time Landlord shall provide written notice to Tenant that Landlord desires for or shall allow Tenant to forego removing any specific Mandatory Removal Item(s), Landlord shall not be entitled to subsequently require removal of such specific Mandatory Removal Item at any time thereafter, regardless of any applicable survival period.

  • Prior to the expiration or earlier termination of this Lease, Tenant, at Tenant's expense shall remove all Mandatory Removal Items (as defined below).

  • Seller shall have and will convey to Buyer good and indefeasible title to the Property free and clear of any and all encumbrances, including, without limitation, the Mandatory Removal Items, except the Permitted Exceptions at the Closing.

  • The provisions of this Section 21 shall survive the end of the Term with respect to any Mandatory Removal Items not removed by Tenant and identified in a notice from Landlord to Tenant within 180 days of Tenant’s surrender of Premises; provided that, in all events, Tenant shall be required to remove any internal stairwells installed by Tenant in the Premises within 60 days of Tenant’s surrender of the Premises.

  • Upon such expiration or termination, Tenant shall, without expense to Landlord, remove or cause to be removed from the Premises (and/or the Project, as applicable) the following, and repair all damage to the Premises, the Building and the Project resulting from such removal: (i) all debris and rubbish, (ii) Tenant's Property, and (iii) all Mandatory Removal Items, and other Specialty Alterations that Landlord requires Tenant to remove in accordance with Section 8.5 above.


More Definitions of Mandatory Removal Items

Mandatory Removal Items means: (i) any Alterations located outside of the Premises, including Tenant's Off-Premises Equipment, (ii) all Cabling which was installed by Tenant (but not any Cabling existing in or serving the Premises as of the date the Premises are delivered by Landlord to Tenant if and to the extent that such distinction may be determined, failing which Tenant will be deemed to be required to remove the same), (iii) any other items, improvements or fixtures which Tenant is expressly required to remove pursuant to the terms of this Lease, (iv) any Alterations or signage incorporating Tenant's name or logo (except for any signage provided by Landlord on any Building directory), (v) any Alterations not complying with Applicable Laws or which are not operable/functioning, and (vi) any Alterations not performed in accordance with the TCC's of this Article 8 (or the Work Letter, as applicable). "Specialty Improvements" shall mean: (a) safes and vaults, (b) decorative water features; (c) specialized wallcoverings and ceilings, and flooring, including raised flooring; (d) conveyors and dumbwaiters; (e) any Alterations or Improvements which (1) perforate a floor slab in the Premises (other than typical core drills) or a wall that encloses/encapsulates the Building Structure, (2) involve material plumbing connections (such as kitchens and executive bathrooms outside of the Building core), or (3) require changes to the Base Building; (f) supplemental HVAC equipment within the Premises and non-Building standard fire suppression systems, and (g) any other installations not typically found in general use office space or requiring over-standard demolition costs for the removal thereof. For avoidance of doubt, Landlord shall have the right, but not the obligation, to require removal of Mandatory Removal Items (and in no event shall Tenant be permitted to remove any Alterations other than Mandatory Removal Items unless such removal is required by Landlord in writing), provided Xxxxxxxx gives notice to Tenant of the requirement to remove such Mandatory Removal Items at least forty five (45) days prior to the scheduled expiration of the Lease Term.
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Mandatory Removal Items means: (i) any Alterations or Improvements located outside of the Premises, (ii) all Lines, (iii) any other items, improvements or fixtures which Tenant is expressly required to remove pursuant to the terms of this Lease, (iv) any Alterations or Improvements or signage incorporating Tenant's name or logo,
Sample 1
Mandatory Removal Items means (i) all Liens encumbering the Property that can be discharged by the payment of a sum certain (including without limitation those arising from judgments, materialmen’s liens, mechanic’s liens, pending litigation, federal, state and municipal tax liens, and any transfer, inheritance, estate, franchise, dissolution, license or similar taxes, charges, or liens), but excluding any such Liens solely resulting from or arising out of the acts or omissions of Purchaser and/or any of Purchaser’s Representatives prior to Closing (including, without limitation, such liens and encumbrances arising from Purchaser’s inspections of, or other activities regarding, the Property), (ii) any title exceptions affecting the Property that are knowingly and intentionally created by Seller after the Effective Date in violation of the Seller’s covenants contained in this Agreement and which have not been caused by or consented to (in writing) by, and (iii) any items that shall be deemed “Mandatory Removal Items” in accordance with Section 4.1.2 or Section 4.2 of this Agreement.
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Related to Mandatory Removal Items

  • Emergency removal means the suspension or expulsion of a student on an emergency basis, consistent with state law. Nothing in the Title IX regulations precludes a district from removing a respondent from the district’s education program or activity on an emergency basis, provided that the district follows all procedures under Massachusetts law, undertakes an individualized safety and risk analysis, determines that an immediate threat to the physical health or safety of any student or other individual arising from the allegations of sexual harassment justifies removal, and provides the respondent with notice and an opportunity to challenge the decision immediately following the removal.

  • Tree removal means to kill or to cause irreparable damage that leads to the decline and/or death of a tree. This includes, but is not limited to, excessive pruning, application of substances that are toxic to the tree, over-mulching or improper mulching, and improper grading and/or soil compaction within the critical root radius around the base of the tree that leads to the decline and/or death of a tree. Removal does not include responsible pruning and maintenance of a tree, or the application of treatments intended to manage invasive species.

  • Nail polish remover means a product designed to remove nail polish and coatings from fingernails or toenails.

  • Paint remover or stripper means any product designed to strip or remove paints or other related coatings, by chemical action, from a substrate without markedly affecting the substrate. “Paint Remover or Stripper” does not include “Multi-purpose Solvent,” paint brush cleaners, products designed and labeled exclusively as “Graffiti Remover,” and hand cleaner products that claim to remove paints and other related coatings from skin.

  • Qualifying Replacement Capital Covenant has the meaning specified in the Replacement Capital Covenant.

  • Additional Servicing Fee means, for any Collection Period, if a successor Servicer has been appointed pursuant to Section 8.2 of the Sale and Servicing Agreement, the amount, if any, by which (i) the compensation payable to such successor Servicer for such Collection Period exceeds (ii) the Monthly Servicing Fee for such Collection Period.

  • Monthly Minimum Removal Efficiency means the minimum reduction in the pollutant parameter specified when the effluent average monthly concentration for that parameter is compared to the influent average monthly concentration.

  • Additional Servicing Expenses means (a) all Property Protection Advances, fees and/or expenses incurred by and reimbursable to any Servicer, Trustee, Certificate Administrator or fiscal agent pursuant to the Servicing Agreement relating solely to the Mortgage Loan, and (b) all interest accrued on Advances made by (x) any Servicer or Trustee in accordance with the terms of the Servicing Agreement or (y) any Non-Lead Servicer or Non-Lead Trustee in accordance with the terms of the Non-Lead Securitization Servicing Agreement.

  • Distributable Items means, as prescribed by CRD IV, the amount of the profits at the end of the last financial year plus any profits brought forward and reserves available for that purpose before distributions to holders of own funds instruments less any losses brought forward, profits which are non-distributable pursuant to provisions in legislation or the institution’s by-laws and sums placed to non-distributable reserves in accordance with applicable national law or the statutes of the institution, those losses and reserves being determined on the basis of the individual accounts of the institution and not on the basis of the consolidated accounts, or any successor provision thereto;

  • Bug and tar remover means a product labeled to remove either or both of the following from painted motor vehicle surfaces without causing damage to the finish:

  • Legend Removal Date shall have the meaning ascribed to such term in Section 4.1(c).

  • Qualified Replacement Mortgage A Home Equity Loan substituted for another pursuant to Section 3.04, 3.05(b) or 3.06(b) hereof, which (i) has a Coupon Rate at least equal to the Coupon Rate of the Home Equity Loan being replaced, (ii) is secured by Property that is of the same or better property type as, or is a single family dwelling and the same or better occupancy status as, the Property securing the Home Equity Loan being replaced or is a primary residence, (iii) shall mature no later than the latest Final Scheduled Distribution Date with respect to the related Home Equity Loan Group, (iv) has a Loan-to-Value Ratio as of the Replacement Cut-Off Date no higher than the Loan-to-Value Ratio of the replaced Home Equity Loan at such time, (v) shall be of the same or higher credit quality classification (determined in accordance with the Seller’s credit underwriting guidelines set forth in the Seller’s underwriting manual) as the Home Equity Loan which such Qualified Replacement Mortgage replaces, (vi) shall be a First Mortgage Loan if the Home Equity Loan which such Qualified Replacement Mortgage replaces was a First Mortgage Loan and shall be a First Mortgage Loan or Second Mortgage Loan if the Home Equity Loan which such Qualified Replacement Mortgage replaces was a Second Mortgage Loan, (vii) has an outstanding principal balance as of the related Replacement Cut-Off Date equal to or less than the outstanding principal balance of the replaced Home Equity Loan as of such Replacement Cut-Off Date, (viii) shall not provide for a “balloon” payment if the related Home Equity Loan did not provide for a “balloon” payment (and if such related Home Equity Loan provided for a “balloon” payment, such Qualified Replacement Mortgage shall have an original maturity of not less than the original maturity of such related Home Equity Loan), (ix) shall be a fixed rate Home Equity Loan if the Home Equity Loan being replaced is in Group I or an adjustable rate Home Equity Loan if the Home Equity Loan being replaced is in Group II, (x) satisfies the criteria set forth from time to time in the definition thereof at Section 860G(a)(4) of the Code (or any successor statute thereto) and applicable to the Trust, (xi) satisfies the representations and warranties set forth in Section 3.04(b) hereof, (xii) shall not be 30 days or more Delinquent and (xiii) if such Home Equity Loan being replaced is in Group II, shall adjust based on the same index as, have no lower margin than, have the same interval between adjustment dates as and have a maximum Coupon Rate no lower than, and a minimum Coupon Rate no lower than, the Home Equity Loan being replaced.

  • Additional Servicer Each affiliate of each Servicer that services any of the Mortgage Loans and each Person who is not an affiliate of the any Servicer, who services 10% or more of the Mortgage Loans. For clarification purposes, the Master Servicer and the Securities Administrator are Additional Servicers.

  • Issuance Items has the meaning set forth in Section 3.3(h) hereof.

  • Unadjusted Reference Interest Rate Replacement means the Reference Interest Rate Replacement excluding the Reference Interest Rate Replacement Adjustment.

  • Credit Event Net Loss means, with respect to any Credit Event Reference Obligation, an amount equal to the excess, if any, of:

  • Non-Lead Securitization Determination Date means the “determination date” (or any term substantially similar thereto) as defined in the related Non-Lead Securitization Servicing Agreement.

  • Reference Interest Rate Replacement Adjustment means the first alternative set forth in the order below that can be determined by the Issuer or its designee as of the Reference Interest Rate Replacement Date:

  • Additional Day-ahead Scheduling Reserves Requirement means the portion of the Day- ahead Scheduling Reserves Requirement that is required in addition to the Base Day-ahead Scheduling Reserves Requirement to ensure adequate resources are procured to meet real-time load and operational needs, as specified in the PJM Manuals.

  • Reference Interest Rate Replacement Conforming Changes means, with respect to any Reference Interest Rate Replacement, any technical, administrative or operational changes (including changes to the definition of "Interest Period", timing and frequency of determining rates and making payments of interest, changes to the definition of "Corresponding Tenor" solely when such tenor is longer than the Interest Period and other administrative matters) that the Issuer or its designee decides may be appropriate to reflect the adoption of such Reference Interest Rate Replacement in a manner substantially consistent with market practice (or, if the Issuer or its designee decides that adoption of any portion of such market practice is not administratively feasible or if the Issuer or its designee determines that no market practice for use of the Reference Interest Rate Replacement exists, in such other manner as the Issuer or its designee determines is reasonably necessary).

  • Spot remover means any product labeled to clean localized areas, or remove localized spots or stains on cloth or fabric such as drapes, carpets, upholstery, and clothing, that does not require subsequent laundering to achieve stain removal. Spot remover does not include dry cleaning fluid, laundry pre-wash, or multi-purpose solvent.

  • NERC Interchange Distribution Calculator means the NERC mechanism that is in effect and being used to calculate the distribution of energy, over specific transmission interfaces, from energy transactions.

  • Day-ahead Scheduling Reserves Requirement means the sum of Base Day-ahead Scheduling Reserves Requirement and Additional Day-ahead Scheduling Reserves Requirement.

  • Nonrecoverable Property Advance shall have the meaning assigned thereto in the Outside Servicing Agreement.

  • Required Allocations means (a) any limitation imposed on any allocation of Net Losses or Net Termination Losses under Section 6.1(b) or 6.1(c)(ii) and (b) any allocation of an item of income, gain, loss or deduction pursuant to Section 6.1(d)(i), 6.1(d)(ii), 6.1(d)(iv), 6.1(d)(vii) or 6.1(d)(ix).

  • Share of Additional Book Basis Derivative Items means in connection with any allocation of Additional Book Basis Derivative Items for any taxable period, (i) with respect to the Unitholders holding Common Units, Class B Units or Subordinated Units, the amount that bears the same ratio to such Additional Book Basis Derivative Items as the Unitholders’ Remaining Net Positive Adjustments as of the end of such period bears to the Aggregate Remaining Net Positive Adjustments as of that time, (ii) with respect to the General Partner (as holder of the General Partner Units), the amount that bears the same ratio to such Additional Book Basis Derivative Items as the General Partner’s Remaining Net Positive Adjustments as of the end of such period bears to the Aggregate Remaining Net Positive Adjustment as of that time, and (iii) with respect to the Partners holding Incentive Distribution Rights, the amount that bears the same ratio to such Additional Book Basis Derivative Items as the Remaining Net Positive Adjustments of the Partners holding the Incentive Distribution Rights as of the end of such period bears to the Aggregate Remaining Net Positive Adjustments as of that time.