Net Book Value of Leasehold Improvements definition

Net Book Value of Leasehold Improvements means and refer to the dollar amount generated through application of the following rules:
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Net Book Value of Leasehold Improvements shall have the meaning set forth in Section 19.5 of this Lease Agreement.
Sample 1
Net Book Value of Leasehold Improvements means and refer to the dollar amount generated through application of rules established in Section 19.5.
Sample 1

Examples of Net Book Value of Leasehold Improvements in a sentence

  • In addition, Concessionaire shall be entitled to participate in any compensation paid in the event of a taking, not to exceed the Net Book Value of Leasehold Improvements.

  • In addition, the Port shall be obligated to reimburse Lessee the Net Book Value of Leasehold Improvements.

  • So long as Concessionaire in good faith sought certification, reasonably complied with all requirements and deadlines necessary to maintain certification, and nonetheless ceased to be so certified, the Port shall pay to Concessionaire the Net Book Value of Leasehold Improvements in the event of such termination.

  • Only to the extent that there is any remaining balance of the damages award after such repair and restoration shall the Port be obligated to reimburse Lessee the Net Book Value of Leasehold Improvements for such Eligible Improvements (as defined in Section 18.3.1) that are removed as part of the taking.

  • If Concessionaire is not in default under any of the provisions of this Lease Agreement on the effective date of termination, the Authority shall refund any Rent prepaid by Concessionaire, to the extent allocable to any period subsequent to the effective date of the termination and reimburse Concessionaire the Net Book Value of Leasehold Improvements.

  • Lessee shall not otherwise be entitled to reimbursement of the Net Book Value of Leasehold Improvements for any other Eligible Improvements or payment of any compensation for the bargain value of the leasehold.

  • If Concessionaire is not in default under any of the provisions of this Agreement on the effective date of termination, the Port shall refund any Rent prepaid by Concessionaire, to the extent allocable to any period subsequent to the effective date of the termination, and reimburse Concessionaire the Net Book Value of Leasehold Improvements.

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  • If Concessionaire is not in default under any of the provisions of this Agreement on the effective date of termination, the Port shall refund any Rent prepaid by Concessionaire shall, to the extent allocable to any period subsequent to the effective date of the termination, and reimburse Concessionaire the Net Book Value of Leasehold Improvements.

  • If Concessionaire is not in default under any of the provisions of this Lease Agreement on the effective date of termination, the Authority shall refund any Rent prepaid by Concessionaire, to the extent allocable to any period subsequent to the effective date of the termination and reimburse Concessionaire the Net Book Value of Leasehold Improvements applicable to the permanent Leased Premises (or portion thereof) to be relocated or reduced.

Related to Net Book Value of 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.

  • Landlord Personal Property Collateral Access Agreement means a Landlord Waiver and Consent Agreement substantially in the form of Exhibit S, with such amendments, modifications or supplements as may be approved by Collateral Agent.

  • Personal Property means any machinery, equipment, tools, vehicles, furniture, leasehold improvements, office equipment, plant, parts and other tangible personal property.

  • Leased Properties have the meaning set forth in Section 3.16 herein.

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • Leased Land means land which is the subject of a lease granted under section 60 or 93G; S. 3 def. of "lessee" amended by No. 39/1997 s. 4(2)(b).

  • Tangible Property means any furniture, fixtures, leasehold improvements, vehicles, office equipment, computer equipment, other equipment, machinery, tools, forms, supplies or other tangible personal property of any nature.

  • Property, Plant and Equipment means any item of real property, or any interest therein, buildings, improvements and machinery.

  • 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.

  • Borrowing Base Property means any one of the Borrowing Base Properties.

  • Borrowing Base Properties means the Oil and Gas Properties of the Credit Parties included in the Initial Reserve Report and thereafter in the most recently delivered Reserve Report delivered pursuant to Section 9.14.

  • 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.).

  • Improved Property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.

  • Mortgaged Real Property means (a) each Real Property identified on Schedule 1.01(a) hereto and (b) each Real Property, if any, which shall be subject to a Mortgage delivered after the Original Closing Date pursuant to Section 5.11(d) or pursuant to Section 5.11(d) of the Original Credit Agreement or the Prior Credit Agreement.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Hotel Property means a Property on which there is located an operating hotel.

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

  • domestic premises means any premises used wholly or partly as a dwelling or intended for such use;

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Building Area means the greatest horizontal area of a building within the outside surface of the exterior walls.

  • Real Properties means the real property owned by the Borrower or any of its Subsidiaries.

  • Building Equipment shall have the meaning set forth in the Security Instrument.

  • Public improvement costs means the costs of:

  • Undeveloped Land means (i) all undeveloped land existing on or acquired after the Issue Date and (ii) any operating property of the Company or any Subsidiary that is subject to a casualty event that results in such property ceasing to be operational.

  • 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.