Owner Improvements definition
Examples of Owner Improvements in a sentence
Owner shall (and shall cause Owner Parties to), upon Contractor's request and at Contractor's expense, give Contractor and its attorneys all reasonable assistance in connection with the preparation and prosecution of any patent applications and shall cause to be executed all assignments or other instruments or documents as reasonably necessary or appropriate to perfect the ownership of Contractor in the Owner Improvements.
Vehicular entries shall be established by the planned unit development and shall follow the regulations for Village center main streets and arterial business and mixed use corridors.
In addition, each Contractor shall keep, or cause to be kept, for a period of four years from the date of substantial completion of Owner Improvements, certified payroll and basic records, including time cards, tax forms, and superintendent and ▇▇▇▇▇▇▇ daily logs, for all workers within each trade performing work on the Owner Improvements.
Owner shall retain all rights to its pre-existing Intellectual Property, any Owner Improvements, and any design, construction, operation or maintenance Records of the Facilities (collectively, “Owner Intellectual Property”).
Owner Improvements related to the Technology shall be recorded on Schedule B of this Agreement.
In addition, Owner agrees that prior to completion of Owner Improvements, any loan proceeds secured by any interest in the Redevelopment Project Site shall be used solely for the payment of costs and expenses related to the development of the Redevelopment Project.
Neither the City nor the Owner, as the case may be, nor any successor in interest, shall be considered in breach of or in default of any of its obligations, including, but not limited to, the preparation of the Property for Development, or the beginning, progress, or completion of construction of the Owner Improvements or the Offsite Improvements, in the event of a Force Majeure, and the applicable time period shall be extended for the period of unavoidable delay caused by the Force Majeure.
Owner shall bear all costs associated with such repairs or replacements of Owner Improvements.
As a “First Sale Profit Payment”, Phase IIB Developer shall pay to Authority, upon the first to occur of (i) the Sale of the Phase IIB Market Rate Owner Improvements or (ii) the Sale of the entirety of the Phase IIB Improvements, fifty percent (50%) of the Adjusted Net Sale Profit (without duplication of the “First Sale Profit Payment Rent” due under the Phase IIB Parcel Ground Lease).
The Manager shall make available to the Owner the advice and consultation of Manager's professional staff in connection with such Owner Improvements.